Treat BTC as an investment, not a lifestyle. What is intriguing about coins is the technology behind it - the public ledger known as the blockchain. Apart from the technology, you have an ecosystem around it. It's fascinating. Look at the amount of support on this forum.
Once we get expeceted results & appriciation to your work and time, no doubt there will be a positive thing will going happen in our life Well we can't deny it that most of the users are treating bitcoin as a lifestyle already. We can't blame them if bitcoin is already their passion then so be it. We have our own lifestyles and wants with bitcoin so that is going to make a lot of changes in our lives. That is why bitcoin affects a lot of to everyone's life. Making bitcoin as their own ecosystem and sitting all over the time in front of computer and always with bitcoin related things. Agree with you, and bitcoin has a big help for each users specially in financial, like me before i have a big problem in paying my debts but in the help on earning of bitcoin i already pay that and start to have savings came from bitcoin. Yes bitcoin is helping us financially and it is taking care of our basic expenses which allows us to keep our salary intact for the future and it is surely affecting our lives in a positive way. |
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Yes I received 0.02 btc once in my multibit wallet and I was wondering who have sent me, and as I was a newbie at that time so didn't knew how to track it and none claimed it too.
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I won't accept it as a form of salary because it is really unstable at this time......  Yes, its not a smart decision to accept salary in bitcoins as price is too volatile and we cannot afford to take any risk when it comes to our income as it may go very low if price drops. |
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It's much easier to pay with BTC. You also can spend sums even under $0.001, which is a great feature. I only wish it was more popular.
can you at least explain why you think it's much easier to pay with bitcoin? here where i live in the netherlands it's definitely not the case. i can buy things instantly without any effort with fiat. people also see and know that. I think Bitcoin is the best way of payment if we are talking about small payments. It's almost impossible to pay to someone abroad say $2 or $3 with fiat, right? With Bitcoin it's easy. And I think this advantage of Bitcoin will be used more in the future especially in cases of selling or buying digital goods. yep, on that i have to agree. sending money to other countries is a much better and cheaper option to go with bitcoin. but within the country, there is very little room for bitcoin when it comes to being used as currency. Exactly and due to its lack of usage people will prefer to use fiat and credit cards for making purchases but that is also helping them to save their coins for the future. Well if you're thinking about using BTC in actual stores you have in your country generally it won't be recognized. But if you think about using btc online there is wide variety of online shops that accept btc as payment, you can even use btc as mode of payment in Steam. So really customers will use BTC as a mode of payment as many bitcoin wallet does not have any hard verification process unlike paypal. Bitcoin is good for online shopping but most of the users are facing a problem related to shipping costs, as everyone is complaining that shipping costs are too high and not affordable. |
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in my country Indonesia, bitcoin is not so popular. Bitcoin users in Indonesia is still small compared with the total population of Indonesia, the ratio is only one in 1,000 people in Indonesia who use Bitcoin
Not only in Indonesia but in Asia itself bitcoins are not so popular and we can't buy any items directly using bitcoins in Asia. In my country also it is not so popular but here got a couple of bitcoins ATM machine. I never see anyone accepting bitcoins in any stores yet. Yeah it will take time for Asian countries to cope up with American and European countries as those are very active in bitcoins and they have many offline stores too. Im from asian country and i agree only few in our country know bitcoin and we dont have any stores that accepts bitcoin here  so we do prefer to exchange it to our own fiat. We are in the 3rd world country and we cant cope up easily like those country you said but soon we will Its just a matter of time, as time progresses we will see many more people will start using it and it will become more popular in future and allow us to buy anything that we want. Yes, maybe someday bitcoin will be widespread so popular everywhere. But I think it takes time because bitcoin is not popular in my country now. Sooner or later I believe bitcoin will become popular throughout the region. Bitcoin is still very new to many people and those who are not tech savvy will take a long time to adopt it as at initial stage they may find the entire concept of bitcoin very complicated. I think here in my country bitcoin is popular because i observed that many people are using bitcoin but i think bitcoin should need to improved some of their services or offer some job that can help for the users i think it will helps to have massive adoption in the future. I think if people will find many places to spend their coins then it will create awareness among the people who are not using it and will start to research on it. |
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Toppics sounds like investing opposes safety. And indeed, that's the working mechanics. But now about risk ballancing: one can do both, and ballance out risks vs. safety
Just doing "nothing" with your money, leaving it idly, I would advise against doing that.
It will be useless to keep money idle without doing anything with that, let our money work for us, so I will prefer to invest in bitcoins as it has ability to give huge profits in future. |
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Having 1 full btc in wallet is a great feeling, but it would be more exciting if we can accumulate more coins for the future as more coins will result in higher profits.
Yeahhh having 1 bitcoin in my wallet is surpise for me because i can't even get 1 bitcoin in my entire life hoping that before the year end i will rich my goal soon so that i can able to spend my bitcoin too in many ways i didn't use my bitcoin into trading nor gambling im holding it until i rich 1 bitcoin If you keep on saving your earnings from bitcoin then one day you will surely achieve your target of 1 btc, and once you reach there don't spend it, try to start trading with them so that you can have more coins in future. |
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I already compute my salary and my income on bitcoin world and it has a big difference between my monthly salary and bitcoin in my salary i get 30,000 Thousand a Month or 625 Dollars a month and thats big amount for me so support my family and my self also and in bitcoin my earnings there are not enough bitcoin is just addition to my monthly salary.
Someone earning a salary like yours would never need to quit the job and become full time in bitcoin as that is not needed, because someone who thinks his salary is less compared to what he can earn from bitcoin then he might think of leaving the job but with you that is not the case at all. Yeah if I would be earning that salary then I would never prefer to quit my job, as that is the descent income to have which can take care of family in the best possible way. |
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Bitcoin is popular in my country especially among the youngsters and they are actively using and some of them are even part of this forum and earning from signature campaigns.
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My honest and genuine suggestion for investment is go for altcoin, ICO and IPO.
Every week there are new altcoin entering into crytpo market with innovative concepts which is taking world toward digitization.
So investment in such a good altcoin can give good ROI.
Yes investing in altcoin seems to be promising at a moment as there are many potential coins available which can give us good returns if we invest at the right time. |
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i have made alot of bad bitcoin decision from trading to gambling but i think my worst decision was to invest in a mining site which then ran off with all my bitcoin so yeah be careful where you trust your bitcoin i was not smart enough to do that and now i have to pay the price of being scammed.
This is also he reason why do i always keeping my self away from those cloud mining site. It is ok we all do commit mistakes but the thing their is how are you going to take it and learned from and to grow in this industry to become better that's it! Each and every user has made wrong decision at least once in a life to invest in cloud mining and gambling and have lost their coins, and now its better to avoid those places to get rid of losses. |
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by 2020 easily.
We will see very soon another financial crisis similar to 2008. Btc will skyrocket.
No one can really know when that is going to happen, it does not depend on the price though price would automatically grow up if it gets adopted everywhere but basically it depends on adoption level to make bitcoin accepted internationally. Yes if we find massive adoption in future then it will become an international currency and it will also take price to higher level, but I don't think that it will happen sooner. |
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Yes, i still believe in bitcoin. Since bitcoin had been launched, up to the present time, i do still believes that bitcoin is a great opportunity to the people who are seeking extra income online. And bitcoin is all the best.
That's true, bitcoin is increasing the level of income of the people and it is also helping people who are unemployed and serves as a source of income for them. |
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You have to target at least 1 BTC for the start but in the long run you will realize that 1 BTC is not enough, I know not all of us can afford to raise 1 BTC for the future investment because that is still a big amount of money for the majority but for future investment I would say it would not change your life.
yeah you cannot do much with bitcoins, and if you are hoping to get rich with 1 btc then it will never happen as we don't know what value it will hold in future. It also depends on what we do. every thing is done with confidence, work hard, have high spirits, and optimistic will surely generate something outside of his or her dreams. Since God prefers someone who is willing to bend over backwards to realize all the dreams, goals, and expectations therefore if you want to believe in your investment you should be able to make predictions with their own abilities? try to research or predictions with your abilities. what the price is going to happen or is it the price of bitcoin will rise or fall this week ? Actually no one can predict whether price will rise or fall in coming weeks, so its better to wait and watch and take your decisions accordingly. |
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I'm buying bitcoins when the price is good and also when the future of it is okay so I can predict it a bit.
Right now as a example I would not buy any bitcoins because the price is pretty high and I think in a month or so it will lower a bit and that will be my chance to buy it.
Now, maybe is the right time to sell our bitcoins because the price is constantly rising. I can see that the price will still continue to rise so if we want to buy for our short term investment, we have to wait a little more time and hope that the price will fall back again, but I doubt it would happen because we have already witness several price fall back. I don't think that this is the right time to sell our coins, price may even go higher in coming days, so we should hold our coins longer and sell when we see some extra ordinary price. |
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For a rare and really good opportunity, I would give a try. But if the risk was very high and the level of instability was beyond acceptable, I surely would not accept it.
I think you're not going to know before trying? but if you still have full-time jobs in the real job I think do not try to work full time in bitcoin if you are not ready or do not have the skills in it. but if you do not have a job at all. highly recommended to try it dude Yeah if you don't have regular job or if you are not satisfied with your salary then you can anytime afford to get full time in bitcoins and there are many people who are successfully doing that. |
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I only did one terrible thing that was gambling a large amount in SatoshiDice. Man, and when I say BIG is VERY BIG. Like a thousand of dollars. I fell in a Scam (moneyinpjs, Karl the miserable scum). It's hard to accept this but at least the gambling loss was not so painful. Lost money in scams is the worst situation.
Gambling and the scam sites are the two places where almost all users have lost their money at least once in their lifetime, but wise person will never choose that track again in future. Yeah ,but the matter of fact most of the users also are on these two sites and most of the gamblers are not learning from their mistakes and losses . I have a friend which even she know the circumstances and she already scam more than thrice but she doesn't learn at all .even she said this are all scam in the end ,but she keeps on investing . Well i just say as i experience it is my worst decision to go on in a donating site that scams me ,but im thankful its just only small amount but i've learn from it and not investing again . Well there are some people who will never learn from their mistakes and keep on investing again and again hoping that they will recover their past losses, but unfortunately that never happens. |
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the same way I feel. sometimes confirmation takes about 10 minutes. it makes the transaction that I did have to wait. for some people it is very disturbing because it could spend their time.
It can be frustrating if you need money in case of any emergency and at that time people will really hate bitcoins as it is not helping them in the best possible way. i think that it would be great if i was able to use bitcoins in case of an emergency, i then would sell all the bitcoins i guess You can surely use bitcoins at the time of emergencies but what will you do if you desperate need money and confirmation takes hours and hours, and that's what above mates are discussing. Confirmation in any transaction which is in the main we are the bitcoin. The last few months because it was a confirmation of the bitcoin's getting slowed down and I don't know for sure what the cause is. But if indeed we have in backing up all chaneel needs (investments) then I'm sure every business we do in bitcoin will made us become rich person You know, there is a simple solution for that, just add more fees. I haven't had any transaction take more than 10 minutes to confirm after using double the recommended fees. Exactly, if you put more fees then I don't think there will be delay in confirmation and I have never faced any problem with it till date as it gets confirmed within few minutes. |
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I'm not having a real plan but I think if you hold the bitcoin long enough you can make some good money with some good profits.
Of course you need some luck to do this but most of times it is possible, if the bitcoin stays growing there are possibilities.
You need to hold it for a very long term if you want to get rich with it and you should also need to collect higher number of coins so even if price is not too higher you can still expect higher returns. |
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Bitcoin is not too popular in my country among the people but there are many exchanges where we can convert our bitcoins to fait very easily and may be in future we will find more people using it.
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