NEWS ! First payment will be done on next tuesday (26/04). So, you'll be able to post at least until to monday night (forum time). (Consider that campaign was started on tuesday) Second payment will be done on next friday (29/04). After 2nd payment, you'll receive your payment each friday  Bro! any info about Payment for last week. |
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Hey guys,
I am relatively new to the bitcoin world, and was fascinated at the fact of a concurrency. I have some questions about bitcoin, if any of you fine gentlemen (or gentlewomen) would be kind enough to answer:
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What is Bitcoin - a brief history
Does it have the characteristics of money? Is it able to fulfill the functions of money?
How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
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Please provide some evidence for your answers, such as a link to the website the information came from. This is so I can verify validity of data, and explore more ideas discussed in the links that you send me.
Thank you all so much, may bitcoin prosper for eternity!
First of all welcome to BTC world, Bitcoin is the digital currency which gonna rule the world in future. Please check the videos in Youtube as Bitcoin documentary, check the rate with preev site and main forums are Btctalk and reddit where you can find the people who knows well about bitcoin and uses. |
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Motivating them will be a little hard to something which they do not know, but I think motivating them to the bitcoin, a currency, will not be harder as nowadays females like money they love it and love to go for shopping with a good amount of money so when they are provided with bitcoins and are redirected to some stores which accept bitcoin for their payment They will start to love bitcoin also.
it is very difficult if teach them if they do not know. therefore make simple words and sentences to enable women to understand about bitcoin. once they understand about bitcoin, give a bitcoin that you have them, and teach them to use it according to their profession, such as shopping, investing, or seeking money with bitcoin. Well, maybe it could be a bit motivate them I dont think its so problematic I hope so women will use bitcoin if there is some good shop that accept it making huge promotions and discounts otherwise i guess wont happen,if promotion and discounts at some shop they will get into bitcoin world just to get those stuffs. |
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Currently I am making hundred satoshi everyday and my goal for now is to make 1 btc with $600 value on it or more+++ and I will be happy to have that coin and just let it stay for a year or 2 and convert it to cash when price is up
I don’t think that this One coin will make you rich. And earning one coin in one year is much longer time, you have to increase your efforts, you will be able to earn about 1 bitcoin in one month after that you may have chances to become rich. My plan is save 10 Bitcoin for long term investment, keep it safe on paper wallet and waiting for 20 Years, i believe i can get rich with this plan |
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My plan is to get rich by just investing in the bitcoin itself because of the good future it has right now.
I would say saving bitcoins to sell them in future at high rate is nice plan. Most of the people working on it and earn great profit. Along with trading also try to invest bitcoins on some trusted sites so that you will also get profit by investment. Never try to use gambling.. |
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things I love about my bitcoin bitcoin is to be able to additional income
 I really like bitcoin itself and it has many factors and uses that i like but there is one thing i like best in bitcoin and that is its anonymousity. i know it's not completely anonymous but compared to other payment processors, bitcoin is the best on anonymousity. |
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Hey pals,
I would to like to know about bitcoin adoption in your cities and please let here know, If bitcoin adoption happens for worldwide transaction and business goods purchasing means what will happen?
Then what governments will do?
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Just a question, is first payment will be tomorrow?
no,.i think not but tomorrow is when post will be counted Here is the payment structure as outlined on the first page: - Week will end on friday at the 11:00 AM (FORUM TIME), so, please, ensure that you've followed every requirement for that day.
So it is today in 10.5 hours from now according to the OP/manager of this campaign. But I don't know how the starting post will be count by manager because I haven't find the starting post column in spreadsheet bro. |
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That's good that the price is going up, but I don't quite understand the halving, if it's reward halving then won't that bring the price up too.
Most of the threads are related to bitcoin halving only, Halving is best event in bitcoin which is happen in every four years. This is event which is deciding the price, range, Adoption and many more. I hope most of the person will hold the bitcoins due to this... |
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1BTC = 1000$ in 2016 = Dream   But for it to hit 500$ - 600+ $ is totally possible by the end of 2016. 1 BTC = 1000$ in 2016 = Dream? i think isn't but we expect price can back to reach $1000 in 2016, this is the last hope if not we need wait next halving in 2020. As said price can go high around $600 to $800 is possible by the end of 2016. At times it may hit $1000, there is no need to wait till next halving if price doesn't reach $1000 because gradually rise in price would take it to $1000 within 4years. I`m sure the average median price will float around the 700 mark up and down. And at worst the price would be back to mid $500 range. But I`m sure 4 years give plenty of time after 78% mined coins to eventually complete all circulation before 4 years to make it hold for a good price. As most quotes it is expected that bitcoin price will reach $800 to $1200. This price increase takes place on halving and before halving days we can expect price around $500 if price is gonna reach $800 or more. It seems the small fish like us think the price will go to $800 or more after halving. I do not know if the big whales agree with this. 1 BTC = 1000$ in 2016 will happen for sure. In exact 2.5 months from now, when we will be halving. So it will be like dream come true. Just wait and see the rise of bitcoin i wouldnt be so sure and confident about such a huge price rise, no one knows how the price will turn out to be and no one can predict if it will grow a lot or not so those are just guesses i really hope that the price will grow significantly maybe to a new all time high but im not putting too much hope in it as my main aim is to at least reach something like 600 dollars I think the price will not be $1000 in August or September. It could be $1000 by the end of the year. Yup exactly That is halving time, I do believe bitcoin is able to reach this amount this year. It's just a matter of when. I believe that if it doesn't happen before halving, it will happen after. Then again, it's hard to tell because I don't like to have high expectations and then be let down when it doesn't happen. For now I'll be in the background and watch it happen. |
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I don't see how it could be canceled since it is at the roots of Bitcoin. If I remember well, I saw someone saying that it will come earlier than excepted because of the rush for the hashpower. I don't know if it is true, but that's the only thing that can happen.
Once must understand that halving is an essential part of the Bitcoin protocol, aimed at approximating the natural increase in scarcity, observed in other money systems, like gold, Bitcoin is not about miners, it's about the ecosystem. You need bitcoins, go and ask for your salary being paid in them, or buy them. |
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What about investing in trading. Well if you have enough skills and good speculation on the price of altcoins, then your 0.1 can get to 1btc in short time.
I think it is not as easy as it doubles in trade bitcoin. do you have the skills in predicting the price? if you do not have it. I would suggested a lend to other traders. you can get interest or profit sharing Nah Trade won't do big, I will invest for sure, the time has come to invest in the bitcoin. The bitcoin has a bright future a head, also the bitcoin is getting pretty big these days, and it gets bigger by day. |
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bitcoin will up price.......global
Yeah Bitcoin has potential to become a global currency but its kind of self serving and narrow. Bitcoin transfers are instant, regardless of the current price in fiat, its an instant exchange medium, that's its main strength. Also, speculators do and will speculate on anything... |
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My plan is to collect a list of all faucets where we can get paid about 1000 satoshi from each, and daily spend about 4 to 5 hours so in this way I will get a good amount of bitcoin per month and after that I can start my own faucet and with that I will earn without any efforts with advertisements.
I will spend the majority of my money to invest in bitcoin. I will trade and invest in gambling. I think this is enough then Other than that I will money from my own work... I dont feel Gambling is better one to invest. I started with investing bitcoin and then exchange with Altcoins, selecting the Altcoins that are of good values for exchange and selecting those who seem to have potential and then waiting for these to increase in price |
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Shaping up as big year  I guess Unnecessary thread because we people are seeing already many threads which is related to year and price of the bitcoins. After halving all things in bitcoins is very healthy to the bitcoin's growth So OP please dont worry about that... |
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i am always buying bitcoin, because i am thinking long term so all these prices are just low price for buying cheap bitcoin.
so each week if i can spare some money i will purchase bitcoin in dips and transfer to my cold storage for future.
According to current status. This is a right time to buy a bitcoin because this is least rate we can get at this time. When Its nearing halving time After that Price will goes more than 800$ in the world market. I suggest to the people better to buy now itself. |
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Sell if you will. There are buyers that will pay for will cost you more in the coming months. That is certain. But if you are saying that wait until it rises higher, then you will never sell because you will keep asking this question even if it reaches $1200 per coin again such as 2 1/2 years ago.
Selling Bitcoin is always not a good option, you think you are going to be able to short, but then you either loose more money, or get outside of the game because you can't join again as the price goes up. It's just better to buy and hold long term and by long term I mean at least with a vision of 10 years into the future. |
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bitcoin will not rise high in the month to reach $ 1200, it makes no sense because one month it is a very fast time same like you past a day.
According to my opinion the slow price rise is better than a huge jump which leads to a flow up crash immediately afterwards. it would make the price more stable and it is less possible to crash now.. |
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My plan is to earn hundreds or thousands of bitcoin to have a early retirement fee hehe, i want to enjoy my life in traveling not here in front of computer so i need to start now here hehe so that i can do that. Hehe to much dream but i think i can do that, who knows what if in the future im the most richest man .
Maybe I think bitcoin just for a little extra money, because the results of my bitcoin enough sense to supplement their income. It may be true as you say. If collected continuously will definitely be able to get a bitcoin very much with ease. you are right. very difficult to generate a bitcoin for now, I think the best plan is to keep sharpening your analysis capabilities in trade play because I also plan like that and trying to gather $ 1000 in 1 month of trade Keep on saving and keep saving the bitcoins and do not sell them. Also buy them these days if possible. I plan these steps for some decades to do atleast till halving time. That's my more secure plan of getting rich with bitcoin. |
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Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.
Its better that the price of bitcoin keeps on rising slowly and steadily rather then reaching to a moon overnight, if there is steady growth then it will win more trust from the people. |
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