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.
In the period of youth is the stage of research and learn everything. I don't think that this is too difficult for them, of course is not to teach the young children.Compared to the older ones, they receptive much more.You just need to explain some of the information needed, make them enjoy with them. This is quite easy to, when there is a profit they would be interested in them now. I wish I knew bitcoin before. You are really correct when you say that being youth was the time of adventure and curiosity. And all were easy to answer thanks to our technology. They will be interested more if they know that they csn earn through this. They will also enjoy it if they will visibly see what are yhe benefits of earning bitcoin. |
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I dont think bitcoin will overcome paypal, as it has difference. In terms of its usage though they are use as payment. Paypal use as an online tool for safely storing your bank account and card details. Definitely they have a big difference over bitcoin and different advantages.
Certainly. Plus the fact that in paypal, details is important for the payor and the payee. It needs details because it is just making it safe for its clients not to be scammed. They have differences and have their own pros and cons. But definitely it would be nice if the paypal will accept bitcoins as payment method. |
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I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
Stored all your coins on an online trading site for 5-10 years is really dangerous dude. 5-10 years is really a long time to wait and we also don't know is that trading site still survive or not for the next 5 years. My advice is store all your coins on web wallet like blockchain or offline wallet like bitcoin core. That was insane. Storing coins in trading site for 5-10 year is so risky. As you said it is dangerous. You will kot know whats gonna happen on it for that period of time. Well I do not think either that he or she can actually keep it on that time frame. It is better to store it in your wallet and make more earnings doing things that will not take so long. |
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This is interesting. Quite an overwhelming demand truly but why the sudden rush? I see this kinda development causing great upsurge in the price of bitcoin. Maybe I am just the only one thinking this, but isn't this purchase rate alarming? Hope it is just an attempt to invest or probably there is something some of us do not know?
The price hasnt got less in India as far as my friends are telling, people thought the price is gonna fall and will be great opportunity to invest in BTC. Zebpay is using this situation for themselves, the price is around 2850$+ now and it holding that place from 2 days now. From what you and others are telling Zebpay is fleecing your compatriots bigtime. Paying an extra 300$ at the moment of writing this or around 15% premium for buying btc is nonsense. Why would you even do it? There are so many ways in which you can get bitcoins I don't understand people that go and buy at this price or people that use atms and their sky high fees. No never in my dreams will I pay for anynof that. Like what you said, there were many ways to earn bitcoin to have an income with it. Why bother doing things that will make you give your bitcoins. We cannot blame people who are buying bitcoins right now. They have money plus they are new into it. They maybe glad and want to invest in it. |
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Was it a joke? So funny if it was. As if we will believe that it is a garbage. Maybe that article was made by anti-bitcoin person who have bitter experience with it. Only someone who do not knows bitcoin well will believe that news. You will actually waste your time if you will going to read that. Better to do some gambling than reading that article.
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That might be true. But I do not believe Ethereum will be able to hold their gains for long. Sooner or later the price has to go down simply because that is what markets do.
So always remind yourself not to get lost in the mania and try to stay objective. In a market like this, it is easy to think that the good days will never end.
Yes it will be stay as number one for long because maybe they can find another one which is better than bitcoin. No one knows what will going to happen next. It is possible that another cryptocurrency will rise and replace bitcoin as a number one. I doubt that bitcoin can be replaced as number one cryptocurrency. But of course it could happen but not so soon. Every cryptocurrency that rises today, all its price are based on bitcoin. If ever there would be a digital currency that would beat bitcoin in many aspect of it, that could be a digital currency made by Satoshi. Maybe a new improved bitcoin. |
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We can see bitcoin prices in a few years, very volatile, the price can be very high and very low, very risky, but the greater the risk the profits we will get will be greater
Yes that is true. The more risk you take, the more profit you can get. MOreover, when you look inside bitcoin, it is way much more than just a money. It is the future of the world and more people are enjoy using it Yes, this is a very simple rule of the business being a student of the business administration I have learnt it from the books that the more the risk the more the return. This is why people are earning more profit from investing in bitcoin because it is a high risky investment regarding its price volatility. Yes greater risk greater gain. That all applies to anything we want like if we want to invest in mutual fund there are always risk. Great risk can be found when you will buy shares on stock market. But as what you said the higher the risk the higher the gain. It is like gambling. You should be ready to lose the money that is okay for you to lose. |
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"Create" is a word, 'eternally' bound to the fundamental defining qualities of entities known as "human beings".
I faithfully, straightforwardly and unrestrainedly attest that I am a human being. I am also therefore a god.
However, unlike the real God, you are severely limited in your capacity to create.  Who is the real god? You keep saying this and people keep asking for your definition yet you fail to explain. Why do you do this? Because you are fake and a fraud. You are a troll. I agree, He does not show evidence and continues to believe in something that has no evidence... would be very simple and would solve all doubts if they showed evidence As the Bible says, seek and you shall find, to believe is to see. People always needs proof evidence before they belueve things. But in God you have to believe first for you to see Him. He is like air you do not see Him but you feel Him. We have different beliefs, it is up to you but for me I believe in God. My existence is enough. |
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Bitcoin is advantage instead of cash thats why i choose bitcoin and im choosing bitcoin because it has the fastest transaction compared from fiat cash money. And the very best thing is also it is not taxable and no hidden charges.
Indeed. Plus if you keep it in your wallet there is tendency that it could goes up. There would be no fear that your money will be stolen or will lost. And like what you said, the best thing is it is non taxable. So all your bitcoins is yours. You could do almosy everything same thing with what you can do with paper money. |
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Basically they take the poor ones and train them to be child soldiers. Then improve the persons standard of living while brainwashing them. Kind of draws a parallel towards how gangs and mobs are made to begin with born in a poor neighbourhood friend's join gang see their bling and get interested next thing you know part of the mafia.
And it is easier for kids to be brainwashed. Also those who were came from poor family in Mindanao is being offered in exchange of education for their kids without knowing that they will become terrorist. When you are poor you will always want to become rich, you always want to stop it. |
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Many people start to wonder whether they need a religion or they will have enough faith in God and every year more and more people refuse to be slaves to their religion. Thus, they will not force their children to impose religion from their very birth and it will disappear after several generations.
If you are in a type of religion where you feel that you are a slave to it, then its better if you stop, True religion will only offer freedom, religion with rules ain't a good religion, its like slavery. I think there is no such religion exist that way, because its main purpose is to lead their people to whatever they believe in, thus means control. Yes there is no religion like that. Religion have rules and laws based on the Bible or whatever books they are believing. But there are religion which is you feel freedom because it is not that strict. They actually continue to live in miseries and still part of the religion. They will come back if they want to. |
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He is dead that is for sure. But the ideals that he have the beliefs that he have, all what he is fighting for still alive. It just passes, like the birth of the ISIS which continuously become a headache. He may be dead but his legacy continues. Terrorist still embrace his ideals.
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I support the death penalty. Any liberal laws lead to more crimes. Migrant crisis in Europe also proves it. Only the presence of weapons among the population is holding back a huge amount of crime in the United States. Here you have all the liberalism.
The death penalty is very important in todays society, there are so many crimes that warrants the death warranty, some people are so evil that they certainly deserves this kind of punishment. I agree that this is needed for people who are so evil and heartlessly killed innocent people. I agree with this kind of punishment. But here in our country it is currently under debate. There were pro and against it. Those who were against it obviously were the commission on human rights which are more of protector of criminals. |
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This is true because thinking about the future is the responsibility of the younger generation,
learning to understand bitcoin will take a long time to let them try to invest as early as possible is the right way before regrets take control of their old age.
If they can really hold the responsibility of owning a bitcoin and use it for their future then its okay but i agree with you learning the basics of bitcoin will surely take a long time and it is hard to understand it because of their young age. If you miss the technical part of the bitcoin, it is easy understandable to everyone. You can find many videos and article such as mastering bitcoin and more to learn about bitcoin. Among all of these, if you be in forum for 6 months, you would comes to knows about investment methods, ICO implementation, mining work process and many more. Yes it is easy now to catch up if you are unable to know it before. Everything is easily available. But even if you read a lot of it or watched it on videos, the best thing also is to practice it. It is easy to learn if you are experiencing it already. And like what you said, joining forums is a good thing. |
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
If people were in desperate or needed money or bitcoins they could do illegal activities like selling drugs, robbing, scamming, and other illegal things which involves money. But if i were desperate in money i could go for bitcoin because i am seeing many people who has been rich using bitcoin and i am inspire by those people. Then ,what if desperate in money in emergency .Those things you said that were illegal will be in the line of someone who's in rush need of money .For long term is in bitcoins and it doesnt in hurry or in true desperate like the OP post. Maybe people who use illegal things to solve their problems like desperate money because first they can be stupid, or they already have no other option to be able to get money so he does something illegal Include those who were addicted to gambling. When desperate times arise, they do anything to have money. They will sell all their possessions including those owned by his family. When you are addicted to any vices it always ends to people do anything whether it is legal or not. |
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That's a very brilliant idea to have soon if bitcoin atm is implemented worldwide, at least people have an option of their money which bitcoin atm brings your money to viewed as digital currency and converted it to fiat with a cash withdrawal options via atm machine. A big dream is now becoming a reality to most users of bitcoin and now its possible to everyone to learn all about it through that visionary of bitcoin atm.
Yeah right, I agree with the existence of the bitcoin ATM will increasingly facilitate us to every transaction and make it easier for us to keep the money in the form of bitcoin in foreign currency. then we should be happy if bitcoin can be implemented or be true. then we better start now learn all about it through the visionaries first. Yes, but very few bitcoin atm and it is only limited to other countries. If that happened that bitcoin atm will be installed worldwide, then for some reason many will know about its existence. Like what you said it will make easier for us to keep our bitcoin in foreign currency. Not so soon but time will tell when will that happen. |
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I am holding into my bitcoins. I will still keep them because I believe that its price will still goes up. It is only your friend's prediction and it not happened right now. Though I panicked last week upon seeing bitcoin price dropped but still I hold into it. And yes, slowly it goes up again.
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I keep my bitcoin into online web wallet. I know that many peoples don't gibe a trust for online wallet but for now i haven't any support equipment to keep my bitcoin into desktop wallet or cold wallet.
Same with me. I do not have any wallet onlt the wallet I used for about two years now. And I think it is safe to store my bitcoin in that wallet because before you could actually make any transaction, you will require to have an identification. Illegal transactiin were blocked, I heard it on some of my friends. So it is okay for me to just store my bitcoins there. |
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Do not think too much about how will the authorities could combat it. But it is possible that bitcoin is use for criminality by certain groups. Because it is easy for them to do illegal transactions without being caught. The payment for new recruits to their group would be through bitcoins. But still many people uses bitcoin for good purposes.
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Yes, it is really hard when btc is just a virtual currency so when dealing with internet access it is really difficult to use btc for everyday services such as: Eating, traveling ... and when doing btc transactions regularly , the fee is not small.
Well regardless with that things it is very difficult because not all of the stores accepts bitcoins as payment there are only few and that is really the first problem how do you spend your bitcoin if no one is accepting it as a means of payment. Now a days it is really hard if we are talking about physical like buying foods there are new few but in online not all but you can find a website that accepts bitcoin as payment Yes correct because bitcoin is just new and very few establishments accept it. Here in our country I think there is no establishment that really acepts it if you want to dine in. But we could topup our phone using it, pay bills but it is automatically converted into our currency. |
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