No one can give 10 BTC to other  That is true, but some big investors are here, who want ask about it, because they want to know what is good strategy to earn the bitcoins fast and also they want to know what people do if they have 10 bitcoins, because in this time, majority people are using the bitcoins in a different ways, and everyone to know that what is good way to make profit fast, so i think someone ask about it to know that. I think this thread is long enough now and everyone have put their points, so I am sure that OP will be well aware of all the methods that he can do with 10 btc. |
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Doubling bitcoin is difficult to do. There's no easy way so watch out for scams where they try to pull you by saying doubling bitcoin just invest this much etc etc.
The only way to double is to earn more until you have double. I hear trading is very good for making profit if you have skill.
LOL definitely can't say it's the method to double bitcoin but to earn more,and yeah trading could give you big profit or even you can triple your bitcoin when the price of altcoin suddenly rising but it's stil depending on your luck and many factor that could affect the coin Yes its never easy to double your coins even if trading, you need to have patience to hold your coins till it goes higher and even it may crash in future which can result in loss. |
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You explain to her carefully what bitcoin are and what they are used for and why they are used. After explaining these points you can show her how it all works with a small transaction and just by seeing all that she should be sold and start using it too.
I think we should ask her to sit next to us and show them how they can earn from signature campaign, as we need to keep things simple at initial stage or else they will find it complicated. |
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I don't have any plan to get rich with bitcoin as its just an additional income for me and it will be the same in future too and I don't think anyone get rich with secondary source of income.
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I will simply tell them that I don't need their kind advice and its my money I can do whatever I want to with it and I will sell them only when it reaches to my target price, not before that.
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No, i am not buying any Bitcoins now. Because I think in coming days, the price of Bitcoin will not go up. If I buy also, it is loss for me. So now whenever I feel the price looks right, i will sell my coins and making money.
Being careful is not bad but dont say it wont go up or it might come true  We dont know what might happen. No one controls it. Just predictions is what we have and some opinions. But we need not to have unnecessary doubts and worry because bitcoin has been so successful for more than seven years and we can expect same thing in upcoming years. Based on this past successful history, we could make more investment into bitcoin. Because, usually the future is predicted based on past performance. Buying bitcoin is good for the purpose of having it for future. We cannot afford to depend on the past results for the better future, as bitcoin is unpredictable and there is no guarantee that the same trend will continue in future, only invest that amount that you can afford to loose. |
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It is a prediction that, to be accomplished with satisfactory results, would require a lot of research.
In my opinion, if the less active users are included, this number could be higher than four hundred thousand.
I think we can not able to give numbers because no one knows can calculate the actual number of users of bitcoin we do not have device as basis to know how many people are actively using bitcoin. The best guess would be to do your own survey over different groups of people and then use a % mean average. When can never know by addresses created so how else? If you survey people online they are more likely to use bitcoin, if you talk to people on the street tons will still not understand what bitcoin even is. Its better not to waste time in knowing that how many are actually using it, instead that time should be invested in earning bitcoins as no one can get accurate results. |
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I was actually living upon Bitcoins since 2 years until I heard a sad news from our campaign manager that it is going to end up...
Though, was making good amount of sales, dealing in bitcoins for some stuff here, so got enough in spare in order to survive for some time...
Well that is a risk that will always associated with signature campaign as we never know when they will stop operating, but the good thing is one campaign ends up the other campaign can take care of us. |
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I think you just need to put that money into bank and get some money each month from that
Interest paid by banks is too low so its not worth to put money in it, but if you can manage to put a decent amount in fixed deposits then you can expect some higher returns annually. |
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Till we keep on selling our bitcoins and keep on converting it to fiat it will be used more, but if we are able to spend bitcoins directly everywhere then it will reduce the usage of fiat in future.
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Wow, 10 btc for free and that also without doing anything? I will surely sell 5 btc instantly and convert it to fiat and buy a bike with that money and will take my girlfriend on a ride |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I do not think that teens would even pay attention to something like Bitcoin because they would not even understand what is going on. It is better for them to just go to school and focus on other things then Bitcoin. Yeah and its not the right time to teach them about bitcoins at that early stage of their life as they will surely find it complicated and would not be interested in learning it. |
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I can't say that I use Bitcoin every day. In fact, since only a few merchants accepts bitcoin in my country and I don't have much possibilities to spend my bTC funds, I mostly keep my BTC funds in the wallet. I really wish that day will come when i will be able to spend my bitcoins everywhere, offline or online  There are multiple places to spend it online even now, but you need to confirm about the shipping cost, but yes I do agree that there are not many physical places where we can spend our bitcoins at a moment. |
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I can't imagine that banks can be disappear because of bitcoin. it is impossible to happen because its more safe to use those banks than bitcoin. bitcoins still shady and anonymous so if i have a chance to choose i will stay in bitcoin.
According to your statement you believe that banks are more safer then bitcoin but you will still choose bitcoin, how? Or you mean to say that you will use both to take benefits from both of them. |
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I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.
Well i think you need to look for a new job that does not implement bitcoin as salary if you are working at a company that pays only bitcoin right now. I think the freedom to choose what company we want to work with is ours but the method of payment is still in discretion of the company. If the company implement a full bitcoin salary you have no choice but to accept it or look for another company. It will take long time for the companies to start paying their employees in bitcoins as even companies find it risky to invest in bitcoins because of its price volatility, so till it happens its better to go with fiat. The only company I know that will pay its employee in bitcoin is the overstock. The employee can select the portion of the bitcoin. That sounds great, if employees have an option to choose the percentage of salary to be paid in bitcoins then it can really work, as the amount that they choose can be directly saved for the future. |
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My girlfriend is work with an IT company and she is well aware about bitcoin and to be honest she told me first time about bitcoins and I decided to start working on it as I was not having any option left as if I would have refused then she would have definitely killed me |
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IF no one spents bitcoins what might happen if you know allot about the bitcoin than you know that coins need to spent becuase the price will rise only if people are not hlding but spending so the price will drop off course.
You are right the price will drop to a lower amount plus the fact is also that its gonna be a lot more difficult to make profit, the bitcoin will get more stable due to this. I think it will not be very for the economy of the bitcoin itself. That's right if none will spend their coins then it will have a negative impact on the price of bitcoin and it will take price to a lower level which will make many people to quit bitcoin. |
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They both come with their pros and cons. Investments always come with some risk which means more stress and you also need to constantly keep an eye on what's going on. But reward is usually high. Saving money is almost risk free and there is no maintenance work you need to do other than make sure it is secure. But your money doesn't grow as fast.
Yes but I think both are important to have a good balance in life as saving can take care of us in short term, and with good investment we can expect better profits in future. |
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I don't know, it's possible in many different ways, and everybody know it, but nobody even tried to do this because it's a very hard path for many lazy people.
It's not about that it's a hard path but more a risky path. Sometimes it requires you to stop doing everything your doing now and diving into the deep. If you fail you lost all you had, and this is the risk many people won't take. Also not everybody knows how to get rich, if that would be true then we would have alot more rich people around. Getting rich is not easy, its an combination of hard work, luck and risk factor, if you get support from all these factors then nobody can stop you in becoming rich in future. |
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Accepting bitcoin as salary is so risky in my opinion. By doing that you risk losing percentages over night of your money. You could rather accept part of it or just convert part of it yourself if you want bitcoin that badly. I think accepting it as salary is too ambitious.
But I don't think that companies will prefer to pay part of your salary in bitcoins, and at a moment we cannot use those coins directly anywhere so it will never benefit us to accept salary in bitcoins. |
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