I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on. My question is how can we push the actual use of the bitcoin and what is nessacary to do that ? I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC) After this problem is solved this would be my ideas, I hope you help me gather more: - Convince organisations like amnesty international to accept bitcoin as donations
- Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
- Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
I think the most effective way to push for the development of r for the funtion of BTC is for people to make other people be aware of it. Once the general public become consumed with BtC not only will its stock rise but the Government will also take notice and in effect put it further into the spotlight.
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BTC is not a magical potion that can suddenly make all the world's problem disappear as some people think that it grows money out of your hand. BTC still requires willingness to take risks, understanding the market and other variables. It is not a genie in the bottle.
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Bitcoin: $1260/BTC Gold: $1241/xau Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Not entirely, I think that even if the price of Gold has been eclipsed by BTC. Gold would always have an advantage over BTC as the value of gold is stable and even if the electronics and internet and digital have broken down gold is still gold, physican and can be sold while BTC relies on this to work and to be able to function.
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Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.
There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe
Some things to Consider before starting a business is being able yo lanage it. Whatever grand scheme you have if you dont have a realistic plan o. How to lanage t the. It would fail. Also it is very important to note that every business should start with a study first if it would bloom or if the market is ripe to start that business there otherwise it is just another expensive idea put into construction and destined to fail.
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What are the things to do to succeed in trade? What are you doing to make your business bigger? How can we make more money?
Trade and business is a fickle beast. What maybe in trend or in use today maynot be the case tomorrow. As such you should always be aware of what is happening around you and you should always calue experience to be the best teacher more than anything. You can ask counsel and afvice but the bottomline would always be to trust your guts and to take a swim
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I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
I guess there is nothing to be worry about identity because if an exchanges was fully legalize it is a must because your earning is real and once you've encountered a problem you can get back your account and funds.
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Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
Of course because it not only make the price pump it makes also bitcoin transaction faster than before. I know there will be another good news that bitcoins will have a forked again this few months i don't know only when it is.
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I hear many saying they don't mess with altcoins...how do you make money with btc?
Just buy the dips, sell for usd (or other fiat), then buy back in...rinse and repeat?
I'm not talking about long term holding but about how to build up your bitcoin without touching alts.
Thanks
Sinply don't buy alts because alts is for trading you will do buy and sell when the price is good and you will earn more noney or bitcoins by that but it was a very risky . For you to be able to build up your bitcoins is dont get mind about alts just focus in bitcoins no matter what.
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There seems to be a nice pump a few weeks ago but has corrected somewhat and is now at a standstill!! Thought it was getting some traction but nothing happening. Anyone got any ideas? One to hodl??? Its better to keep in touch with them in twitter you will saw many good updates every week hw Nem is going to be a rocket on its price soon.Just hold on with your nem i hope it will go up to $1 per nem as they said.
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1. Its gaining mainstream credibility as industry players consider it as the new gold Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. 2. Many investors and finance industry experts are serious about the promise of Bitcoin A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class. 3. There is only a limited amount of Bitcoin There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time. Source here. These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above. because people are much interested in things than investments and for some reasons even that 1,2,3 reasins for some people didn't wanted or interested to read it. Bitcoins is a big potentially currency in the near future and to believe that it will crash is because a lot of people have no knowledge and dont want to engage is such risk.
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I voted 7000$-8000$ the price of bitcoin this December 2017, this is more realistic to me and worth the gamble. It would also be nice to see it on 10000$ price value but for 4 months is just unrealistic for me. Just my two cents.
Taking up to this months maybe it will go only at $7000 but not $8000 i believe it will go to the nearest at $6000+ by that because i have some informations gathered along the web which states the yearly possible price based on the data.
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hi, what will you do? If the bitcoin price is suddenly cheap
This is some sort of an off topic question although it is related but not have a good sense. The answer is very simple wait to pump again or buy more bitcoins as much as you can.
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After August 19th peak, BCH dropped from over $900 to what it is now at $618. Do you believe BCH can recoup its momentum and return to Its ATH price? If so, when & how?
We really dont know and its too unpredictable we are clueless when it will go back again in $900 maybe some other time .all you need to do now is to trust your guts instinct if you are willing to risk on that.
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If you want to buy now, I think you already missed the train, monero is an alt coin, when it is pumping, it wont hold for too long and wont be pumping again in short time, I also ever had the same experience but mine is eth, buy at 12$ sold at 20$ and now it is 300$
That is altcoin although it is too unpredictable as long as we earn a decent amount ypu should be contented because it is your chpice to sell and we even didn't know that thing will going to happen.
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Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.
I don't think it will be the reason for $5000 to hit maybe some other great news will come this september to november to the market to be $5000 or more than . People always wanting a cheap below $4000 before they buy without realizing some other part that it may go to $5000 soon .
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As I have recently just joined the world of Cryptos around 1st August but I am doing only investment based on long term HODL currently my portfolio consist of NEO, OMG, XRP, SIA, XVG & ADEX
Would like good advise on any other cryptos with reason which I should be holding for a long term prospect of 4 to 5 years time
Can you add some good coins like strat XMR ,LTC , LBC . I know it would have a great value through and i like what you do i somehow need money like you but i can't hold it for 5 years .
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my bad luck, the day before the spike, I sold Monero hoping for a quick profit at $48, was planning to buy more. I want to buy Monero but I dont know what to do and what price to enter. I know it can be huge in the future. also to mention, i sold dash the same day at $231 and Monaco at $8. I feel like crying right now. I would have more than doubled my money in last 3 days.
Thats normal because of your emotions you are defeated of it and most of the tine that bad thing happens when we already sold. Then if you wanted to buy again you should finalize at what amount it may go dip and set your orders so if it is being filled hold it for longer time.
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Vega is developed for much thinks, but for mining no. They want to have in stock GPUs for gamers.
So Vega is not for mining?
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Ether price as of now its very high the price is $300 and I believe it will increase more and I hope thw price of ether before the end of this year maybe around $1000. So its better to buy ether now and enjoy the profit later.
You, that won't be that easy to hit $1,000 up. The market requires much more capital flow to realize this target. And we also need to consider the market capitalization of it. In $1,000 case, capitalization would be around 100 billions of dollars which does not fit into current market conditions. Ethereum price is rising violently (about $400 by now), I think this is a good moment to get some ETH and profit later in the long run, not now. I hope this is not just a bubble. If you are a miner, then it is good to take some profits now. I think the price will rise again. it is better to hold. I hold for the last few months and have made good profits.
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