I've read too much posts on people having problems with Coinbase. I wouldn't risk it to be honest. Also, I really don't like storing s on wallets whereas I don't have access to the private keys. It's a bad idea in the first place. It sort of beats the attribute of being decentralized.
i also have heard too much about it and that is the reason that i also do not using coinbase for storing my bitcoin in fact i will never like to use such kind wallet or exchange where i think my bitcoins are in safe place. |
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No. Its not a must to use a mixer for daily to daily transactions but if you want to be anonymous and your transaction wants to be hidden for reason e.g. buying drugs in deepweb or senstive things, use mixer to hide your tracks but there are other ways to anonymous without paying a mixer service.
yes that is right that it is not must but we use it only to remain as anonymous. in fact it mix the addresses and then it become difficult for people to find out that from which wallet the amount has be sent and received. |
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Why use s ?
I keep seeing threads on “why don't people” ? The real question to me is Why would they ?
-The average consumer will go way out of their way to save money. s cost more.
-The average consumer will usually pay a little extra to have convenience. is less convenience and more hoops and complications.
I just cannot see any reason for the average consumer to use s. Until average consumers start using s they will just be an experiment and a small speculative bubble.
I have my personal reasons, I am interested s them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.
was not designed in the way you are describing it. was not made for people to use it to buy groceries and everyday spending with. It is meant as an investment option, similar to gold. is also fairly anoymous, especially if you use multiple addresses. Think of as gold and compare them. They re both investments but has the abilibity to be spent online. Yes, has been created as a store value and to P2P system to send money without the role of banks.It is not meant for buying groceries or a cup of tea. has already created a revolution in economy.Banks have started to suffer loss in revenues which they got from transactions. different people have different views about bitcoin and they are using bitcoin for different purposes. to me i personally using bitcoin for making money i most invest my money for hold bitcoin and trading altcoin. |
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What makes people compel to hold the in this critical situation? What are they waiting for? Any good reason?
Most people are holding into their s waiting for a price rise. Due to popular demand, we can see this developing before our eyes. It can easily be classified as just an asset for all these people, and it is a very safe investment too. The only problem with holding is that if too many people do it, it will restrict the market flow and the total amount of s traded on a daily amount. But holding on a consumer level is highly advised on my behalf. yes that is right that the only reason for which people are using bitcoin is for price increase, may be very little number of people are using bitcoin for trading and other purposes as some people holding bitcoin to use if for shopping etc. |
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is money. It is an oppurtunity from poor to rich to earn money in equal way.
No discrimination, you dont have to have a degree for it. It is and i love it.
yes that is right that bitcoin i more than money. because we can use bitcoin for multi purposes. we can use bitcoin for online buying selling for transaction of money as well as in some places we can even use bitcoin in our local shops for shopping. |
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Bitcoin for me as a long term investment. I can earn money from bitcoin by just storing it. I agree with what you say. The convenience of bitcoin that can replace payments using bitcoins. I am just like you. Buy something using bitcoin. Easier transactions with lower fees. And we can tell the whole world. I like with bitcoin .. i can do anything with it.
yes long term investment is really good. as there is always low risk of losing money. i think those people who have good experience in short term investment then they can also make profit form short term investment but i think for most of the people long term investment is best option. |
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Maybe yes the safest thing is to have your own wallet, but for me just take the risk because i believe that what ever happen on august 1 our money is still safe with poloniex/bittrex. This thing happens so many back in the years, so why scared. Just keep on holding you money and see what happen after you believe on it.
yes that is right i think there is always chance because there are possibilities that all the coin that are in exchanges can be lost, but i think no one can be so much confident that either such coins will be lost or not. |
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Earning money is not such easy. It's impossible to make a good profit in only three weeks. I recommend you to spend more times on cryptocurrencies. Do some research, learn and spend your extra times on it after summer too.
You seem so inexperienced. In this way you may lose your money.
I agree. Money won't be instant because you need to invest time and money in order to have something in return. Hardwork will pay off. He'll need more informations and he should read about it if he wants to achive his goal for the summer which is to multiple his money. Quite imposible. yes it is time consuming and is too much hard ward you need to work non stop because earning money from any place is not such easy as we think, i think it is even not so easy to earn money from gambling. |
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I think that this is a good opportunity to earn s while there is no main permanent job. The price of coins will grow and if you save a little, you will be able to get a good income in the future.
yes that is right that bitcoin is bitcoin is very good opportunities for those people who do not have any day job. i think that it is true that those people who do not have any day job they are in fact more convince toward bitcoin. |
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Yes I think that gambling sites really affects the value of . Because in gambling sites you got to deposit in there for you to play. And it really increase the price of because of the demand.
but i do not think so because we can see that most of the people are using USD for gambling and still USD is one of the most popular currency of the world. so i do not think that it can effect the value of bitcoin too much. |
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You can invest in Yobit, and Bittrex. Also you can invest in some opening ICOs. Of course, you need to choose the right ICO or the ICO that you think have a potential to grow. Also by some altcoins. Invest your money in different coins. You can invest in ethereum, litecoin, and other shitcoins.
to me i think the best option is to invest money in ICOs and such kind of altcoins which have good potential and where there is more chance to make good amount of money, but for that you need to have regular study about the market of bitcoin. |
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If the OP would have stayed here this long then he would have definitely made 1 BTC from all the knowledge he would have got from this . The only way to make 1-2 BTC in a month's time is to invest in new altcoins or ICO's and hoping to hit a jackpot coin.
Hoping to hit jackpot coin is not a way to get 1 or 2 in a month. Then he need to invest in many altcoins, because w don't know which coin will gain huge. And if he Is able to invest in "huge altcoins" then he must able to buy 1 or start own business and can earn 1 i think earning 1 or 2 bitcoin is a good amount of money to be earn in a month or two. To me i think that those people who are related to altcion trading i think they have good chance to make such amount of money. |
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I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.
You need to first have a broad but systematic researcg about every angle of Crypto currency in order to convince them. You need to identify the strengths and weaknesses of having Bitcoin as a currency. And cite some example where bitcoin shows advantages, more like situations and facts. Research how do the countries that legalized it, feels and experiencing after the legalization. to me i think the most important is to teach them about bitcoin and when they become use and familiar with bitcoin then we can teach them about it how to use it and may be then they start taking interest in bitcoin. but i think it will take a lot of time because it is not such an easy job. |
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I cannot say that Bitcoin can end world poverty, and moreover in every problem in the poverty there is a different solutions. However, If they want bitcoin become a solutions unto it. We all knows that it needs more knowledge 100% and proper study and learning about in bitcoin.
That's the reason many of the country and people are very lack of knowledge in bitcoin.
yes that is right that bitcoin cannot end the world poverty but it can only help people to earn some money and lead a peaceful life. i think there are a lot of people who are jobless and they have only one mean of earning money and that is bitcoin trading or what ever else related to bitcoin. |
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Gambling is not like trading for analyzing and invest into trading. Gambling is always a short term investment where people will have 100% chance to loose the money.
I agree. Gambling is a short term investment. In gambling, you can get profit for a very short time depends on your luck. But the possibility of losing than earning in a long term is very high. Not all short term investment are going to be profitable sometimes the more we greed to earn wealth therefor we are going to lose im not saying most of the times but when we are lucky enough to manage things like winning the game in long term then it would be a pleasure to win tho. And keep that for the next journey of playing gambling. to me i think short term investment is only good for such people who do not have any interest in bitcoin but those people who have good experience in short term investment can make money. |
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How can you gamble without money. Money may not be everything but you need it to gamble. The main motivation behind gambling is excitement of winning. That thrives people into gambling more and more, again and again. It is just a happiness of 5 minutes but lots of people die for it.
You can gamble without using any of your money but you must bet a valuable possession of the same value that the other person bet. The truth is we don't need to gamble our money, we can use to bet our things that we don't need, but we also need to think what may happen if you do such thing. i will never like to play gambling with someone else money because i cannot take the responsibility of another money but will always like to play with such money that i can bare to lose and that cannot effect my financial life. |
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Greed could be the only reason behind all gamblers who come back and make new deposits to get back what they have lost before.
Not really for me in this case I come back because I have fun. I always want to have fun when I play in a gambling site that is why I want to keep on coming back. Some people only come back for profit but some people want to have fun and here I am , everytime I come back I always make sure that I come back only for fun i think the hope is the only thing which bring people back to start gambling again i think people are expecting that they can make a lot of money from gambling in a short period of time therefore they come back and try to play again. |
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As you know that you need to stop and leave the game? How can you feel this moment. I almost always lose their money because they can't learn when to leave the game. I'm not sorry to lose. I have a lot of money not to lose, but I can't keep the winnings if I'm lucky.
AS for me as a former gambler, I don't really stop on betting, i just go all out even if i've gained something i won't stop because the eagerness and the hope of doubling your money is there, when you won once, you will try again and again because you wanted an answer and think you might regret not betting. This is a common thinking of a gambler, but if you really think gambling is a business, like if you get your profit put aside half of that profit, bet the half of it, if you lose then stop, if don't , half the profit again, half of your prize should be kept and bet the half of it. I think it will be an emotional decision to play gambling with continuous lose, because in this case you will lose all of your wealth that you have. It is not right that policy of try again is everywhere beneficial because especially in gambling it has proved harmful for a gambler. It has many time happened with people to lose huge amount. to me i think if you have addicted to gambling then it is really difficult to decide that when to leave gambling because then you always want to continue it for ever and make money as more and more possible. |
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I'm muslim. For me it's sin absolutely. Because Kuran doesn't let it. Undoubtedly, for my religion gambling is devil's trick. By gamble devil make breaks between people, and keeps away people from worship and their religion. But I think on other religions playing on casino sites is not sin. In general, no benefit from gambling.
Muslim or Christian gambling is both sin for all of us. Let's remove religion with this, gambling is a business entity that is for everyone and is free to do it unless the state is prohibiting doing such act that relates to gambling. Because there are countries that ban gambling and completely disallows people for doing it so and I think it's mostly in your region. yes in some religions like Islam it is consider as sin because they think that in gambling you are harming yourself or even other when you are or anyother lose money and you do not work for that to earn it. |
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Go guys!
In many cultures and countries is gambling consider as a bad thing which only the poorest and silliest ones do. Many gamblers try to hide that they gamble from their friends and families and feel really shameful for that. Do you consider gambling as a bad thing? Do you feel shameful or proud for being a gambler? If it is shame what you feel what do you about it? How do you hide you're a gambler and who do you hide it from?
Let others know!
I don't feel ashamed for being gambler. I think there's nothing wrong with gambling as long as you're not doing something illegal, cheating and you're not hurting anyone. Gambling is created for entertainment. Maybe if you're deceiving people through gambling and you're making it as a living that's the only moment that you should be ashamed of what you're doing. in fact every person has their own thinking and to me i think for those people who do not play gambling in a limit and with some planning and for most of the time they lose money in gambling then for such people gambling is not such a good activity, and they really feel shameful in gambling, but still there are some people who play gambling with a strategy and planning so they do not fell shame because they are not losing so much money in gambling. and my thinking is that i am not feeling shameful while playing gambling because i have a good limit for my playing gambling and i never try to overcome that limit that prevent me from a big lost. |
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