Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
Bitcoin price increase today has created new opportunities of earning for people.Signature campaign is one of the best option to earn bitcoins.Other option is from faucet but it is very tiny earning.Even for lots of services like programing and other tiny jobs,payment is given in bitcoins. |
|
|
|
Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
Rich people would invest in bitcoins to become more rich.They may use it for money laundering.But they are not in desperate need of bitcoin like poor people. |
|
|
|
I believe that the statement: "bitcoin is new kind of money" passes the duck test. Bitcoins function as money (they're a unit of account, a medium of exchange, and a store of value), and if PayPal started allowing Bitcoin transactions tomorrow I'm certain they'd treat them as Just Another Currency. If you like, call it a commodity, but I think all you'll accomplish is confusing potential users who might think they'll end up getting pork-bellies delivered to their porch if they don't get rid of their bitcoins. bitcoin could be called both as money as well as commodity. Bitcoin is used to buy products just like money. Bitcoin is bought as an investment expecting to yield high benefits.hence it could also be called as commodity. |
|
|
|
Stop calling the recent expansion of the cryptosphere a bubble. We are not in a bubble. We are simply experiencing the rapid expansion of a nascent technology with new entrants and their fiat entering the market. A bubble is when everyone is talking about cryptos, e.g. your taxi driver, the bellboy, etc. Outside of my close circle of tech colleagues zero people are talking about Bitcoin.
Bitcoin has already experienced bubbles.But this time,its not a bubble.People all over the world have realized the true potential of bitcoin.Bitcoin price is yet to rise more. |
|
|
|
A couple days ago I transfered enough from my bank account to buy 1 Bit coin. While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with. Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.
Today I saw that SC (Siacoin) was above 10% and volume was above 10,000. It was also very active pumping up and down. I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00. It was a great leaning experience. Also very humbling because on the first trade I made a mistake and lucked out.
Scott
During my first trades,i had no experience and so whenever i used to see a coin's price going high without knowing that it has been pumped and that its going to be dumped,i bought such coins and ended in a huge loss due to the sudden fall in price.But now i have rectified such faults and gained good experience. |
|
|
|
I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
I think that constant income every month is highly impossible in trading as trading may give profits or loss.You can try to invest in cloud mining schemes.But do careful investigation before investing as most of them turn out to be scam nowadays. |
|
|
|
Mine is simple and the best. Buy low, wait, sell high.  For extra I do day trading when there is panic making the price swing up and down. Don't force yourself to trade that much, take some distance from time to time. I always follow the rule given by warren Buffet that"Buy when every one sells in panic and sell when every one starts buying".I have used this strategy and have gained more profits.Also follow the rule,"Don't put all the eggs in one basket" to avoid losses. |
|
|
|
|
Trading is the only legit option remaining to earn bitcoins.
Some may suggest gambling for quick profits but its not advisable.
Mining has become more complicated and so costly that it could not be suggested.
Trading is risky but with good experience,huge profits can be made.
|
|
|
|
I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.
Definitely,payments made through paypal is reversible.So its a little bit risky.Better use bitcoins for transactions as once it has been sent,it could not be reversed.thats why merchants prefer bitcoin payments instead of paypal. |
|
|
|
When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
As far as crypto trading is concerned,it would be better to fix a profit margin of 5% or 10% and once the target is achieved,just sell your coins.If you blindly follow any pump,then you would end up in loss when it is dumped. |
|
|
|
Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Some countries suffer from economic crisis.Their currencies suffer due to inflation.So they decide to announce bitcoin as their national currency.Example Liberland.Bitcoin works on a secured block chain system and its price is also constantly increasing.So they prefer to announce bitcoin as national currency. |
|
|
|
many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?
Decent income could be gained from signature campaign but campaigns come and go.We have to always search for campaigns.But trading could be done to gain more income as exchanges in crypto currencies are available through out the week. |
|
|
|
I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.
Volatility is an important feature of bitcoin.Traders use that volatility and gain profits by trading.Altcoins have more volatility than bitcoins.If you are to invest in altcoin instead of bitcoin due to volatility,then it would be a wrong decision. |
|
|
|
Do all people have internet and mobile phones in Africa? Even if they do, how exactly they are going to maintain a proper wallet without it getting lost or robbed? A lot of people cannot even understand how to get a wallet started and pay with Bitcoin to be honest.
But that's where the future should be going so we have a nice worldwide currency.
I think bitcoin can really help these kind of country, but the problem is, will they be interested in such digital currency? can they use a laptop or android phone? How about internet connection? Countries with poor people will not be interested in internet thing, they will be very busy for things that they will really have a profit like selling on their market. Bitcoin will not interest such busy people. Its true to some extent but now advanced technologies have reached almost all parts of the world.It would not be difficult for people from under developed countries to use bitcoins.Already,money is sent through mpesa to african countries at very low prices. |
|
|
|
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 i have a desperate need for money,then i would ask a loan from my relatives or friends.If i am unable to get,then i would try to get loan from bank.If i fail in that effort also,then i would try to sell one of my costly stuff to solve the problem. |
|
|
|
is bitcoin more popular than US Dollar ?
No, US dollar has been in the market for more than 80 years and bitcoin has been available since last eight years.US dollars is universally accepted but bitcoin is not accepted every where as a payment even though it is universally available.It would take long time for bitcoin to get more popular than US dollars. |
|
|
|
Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies ?
Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.
In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.
We all know that money has power and bitcoin price is increasing considerably and now bitcoin price is $2834.More countries have started recognizing potential of bitcoin and some countries have even started to accept bitcoin as payment.So bitcoin has naturally got power and people like to buy it at any cost. |
|
|
|
http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? I heard that there are some animated videos about bitcoins.We could show them those videos so that they could easily understand the concept of bitcoin.Since this generation is already familiar with technology,it would not be difficult for them to understand bitcoin. |
|
|
|
I would like to know if anyone of you earns 0.1 BTC per week or even more? Is this possible and what is best way to earn it? Your experiences, suggestions and advices are very welcomed.
You could earn 0.1 btc by investing in a good altcoin and trading.But trading is highly risky.So you should get prior experience by investing a small amount and learn ytrading before investing a huge amount. If you want to earn 0.035 btc a week,i would suggest you to join a good sig. campaign which pays more. |
|
|
|
When will BTC value be $5,000 When do you think? In an older post back in December 05 2013 I post a thread asking when do you think BTC would be at $2,000, well it took almost 42 months to achieved that goal. Here is the older thread https://bitcointalk.org/index.php?topic=359105.msg3842063#msg3842063Now that the price is at $2,259 USD, I am asking the same Question, but changing the target to $5,000 USD. Well, in the beginning of this year,every one predicted that bitcoin price would reach $2000 by year end.But bitcoin has reached $2829 within five months.If bitcoin goes in this speed,definitely it would not be a surprise if bitcoin price crosses $5000 by this year end. |
|
|
|
|
Show Posts
