Even if I think that there's a chance miners might ultimately destroy bitcoin, the fact they are now mostly from China is irrelevant. Greed doesn't have a nationality.
Why would miners destroy bitcoin, they make money in that way, and I don't understand why would they cut the tree where they are sitting. There is no logic in that. Greed doesn't have nationality, but not all the greedy people have suicidal thoughts. They will not destroy something that brings bread in the house. Miners from China, for me are samw lkke miners from U.S. Both are different natiom and both are thousand miles from me. Yes, you should not expect people to destroy what they will be benefiting immensely from that. Based on my understanding is that the Chinese do as much as they can to see they complete take control of any money making opportunity in the world not in bitcoin alone. At times you can call it greed but since competion is allowed, why not other set of people also seize the opportunity to compete with them. |
|
|
|
I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.
That is the wonders of bitcoin, I do not really think there any country on the earth whether rich or poor to whom bitcoin will not help. Just as you are sharing us you are from poor country and bitcoin is helping you and your family, like you there are many people out there most probably they also have the same experince like you. |
|
|
|
There is a way to earn 0.01 but it need a lot of bankroll and it is very risky, if you got that momey to play you can try to bet 0.1 btc with 90 % chance of winning and if you are losing then you need to bet 1.1 btc to cover the lost, so wvery lost you need to 1100% from your previous bet
its better if he bet it all in YOLO bet, and take chances, since 90% odds will only bring dust and his bankroll will lose more in the long run Exactly this, 90% will just draw it out and feed someone's addiction and make it grow due to excess gambling. However, this depends on the person, and losing it all in one bet might also fuel their addiction, and others won't be affected by addiction at all. Just know what is right for you. I wouldn't even suggest trying to gain major profit with 0.01, save it for a different time, or just play for fun. 90% will be good if the person want to make 0.01 to 0.015 or so because if you want to make 0.01 to 0.1 and thinking of winning 100 bets on 90% then actually though its possible but practically its not. I think better would be invest in some new coins and then just hope they sky rocket ! |
|
|
|
Well the word never sell is not right, it must be why you should not sell your bitcoins as of now. And with the word, never and ever that clearly says that you are going to hold your bitcoins until the Earth explodes and why you are holding if you don't have some goals for it then don't get involved in bitcoin if you are just going to do that.
Thats right, there is a really big difference between never selling the coins and not selling them for a particular period of time, because if you say never sell them it simply means just keep them and never take them out, but not selling them now would mean that you should wait for sometime and then sell them as the price would probably go higher by then. Bitcoin I consider as an object of investments therefore could not understand why he always kept. The time will come and I'm selling it. What are the reasons for this, I do not know. Maybe I just need money urgently. Or maybe just want to sell everything. Maybe the topic was not right because no one will not doing it surely, we sell to enjoy our benefits and that is the only way because bitcoin has no value when we do not convert it to fiat, I also do not get what the OP means but I will just understand that he means we should hold for a longer period of time. But I believe that OP just mean that you should not sell your bitcoin hurriedly in short time. It is practically true that no one can just be holding his bitcoin forever. You should just sell the one you do not need provided you will make profit at the time of selling. |
|
|
|
Now time to staking yours coins.
Please be sure of the wallet is unlocked (no password)
how much coins are needed for staking? Usually there will be no minimum for staking, but when you are having more number of coins, you will be earning more interests. ASAFE requires 3 hours of age for minimum staking whereas it matures after 15 network confirmations. Maximum staking age of ASAFE will be unlimited. |
|
|
|
In as much as various suggestions have been given, in my own opinion, I know its not cheap if your are ready to go longterm and also compete favorably with other sites offering the same services even with their longetivity in the business. I think what you should do is to hire someone to do you a feasibility plan of action and the cost involved then you can now decide on how to reduce it either by going crowdfunding or building teams and be ready to forfeit some profit but I must say, its really expensive...
It's true because if you have money you will just let the money work for you. Indeed and actually no site starts rich they grow up rich as gamblers loose day by day. I think if someone is starting a site then around 25 bitcoins would be enough to start and then you can take investments too, while moneypot has made such things easy too since owners don't need their bankroll now  |
|
|
|
when you are in desperate need of money, you have a problem about money, and to solve the problem you need to look for the money and that is a hard task to do. I have been in the situation many times and I thank God because he is guiding me every time I have a money problem, my relatives really help me a lot in times of trouble.
I am happy for you to have a good relative that actually understand and solve your finacial problems in time of need, not everybody that has relative who can understand and solve their problems,as for you, you are lucky enough. And not all people in desperate need of money are also willing to approach their relatives, some keep their price even if a very desperate times as they do not want to have a debt of gratitude. Yep right, they will be happy to survive in tough situations but never let others know what they are going through. I think if I was in desperate need of bitcoins though I would ask my parents and brother because I believe they love me and I am still a kid to them, no matter what age I grow to, so they will always help me. |
|
|
|
for me, i think experience in gambling is another factor to win gambling games because if we have familiar with the games, then we have opportunity to win the games, although there is still need luck to win but at least we have experience in the past so we can make any good strategy to apply for the games.
Not that I disagree with you but I think the most important factor while gambling is luck, because even if you have zero knowledge about the game then also you can win just because you had luck. Though yes in betting like sports you always need some knowledge to overcome high edge. |
|
|
|
Apparently some people feel that Bitcoins are not all equal, for example a Bitcoin that was once involved in illegal activities is 'tainted' and in their eyes worth less than a 'clean' Bitcoin. Personally I think the whole concept is nonsensical, I couldn't care less about where my Bitcoins come from, my conscience is clear and that's good enough for me. I think it would be unfortunate for Bitcoin if this were to become the norm.
That concept completely gives no sense that the coins once involved in a illegal activity they are not the same as they were before or they are not considered as clean as they were before being used in that way, all the coins you have are the same, whether you got them from a criminal or from someone who earned them in a legal way, once they are kept together they are the same. Also, some legal/regulated bitcoin service now use service which can detect whether the coins is clean/tainted. In rare cases, those coins could be rejected and reported to government/got banned immediately. The most common example is where coinbase give warning/freeze/ban to user who received bitcoin from gambling website and send bitcoin to gambling website. I think the person who receives the coin should not be held countable for the coin received if it were a stolen or hacked one, because the receiver can offer a service or product and they are paid with that coin. In this instance, the receiver earned the coin legitimately even if the coin was stolen or hacked. |
|
|
|
The question is a little bit too general, the truth is that internet marketing is not that much different than marketing in the real world, the differences come from the fact you are using a different medium in order to advertise, but the very same principles apply to it.
It has a big advantage if you are engaging internet marketing because most of the people nowadays bounded through social media. Products which you are introducing through internet is easily captured through peoples mind due to advertisements. We should have this idea of money making because bitcoin has very big potential to be part of internet marketing. Internet marketing is a good way to promote certain products and services and because of the mass social media that everyone has. Business are getting more opportunity to endorse their products easily because of it. And I would say that this is really an effective and cheapest way of promotion. Depending on the target viewers , customers and product hunters. Internet or affiiate marketing is a very lucrative job if you carefully promote it well and the cheapest way to promote is through socia media if you have many friends or fans and followers. But you do not have friends and followers then you need to spend some money in advertising to promote such products and services. |
|
|
|
It is interesting to reflect on the fact that the better gold or bitcoin. You can bring a lot of peers whom evidence or other merits of gold and bitcoin. But as the apple plans that people in a few decades will cease to use paper money. And gold has always existed and will exist.
Yes it is something that may happen, but I think that paper money will still be used in the future in some respects. Because I think if the banknotes are not used anymore then the currency exchange rates each country will not be able in well control and maybe there will be a decrease or a problem of finance for all countries. As much as I love bitcoin, the credibility of the gold will not lose ever. If you keep all your savings in gold it is real security. Yes, it is a real security because almost everybody around the world know gold and it value but bitcoin just started in 2009 which is only 7 years ago but gold has been in existance for more than 2000 years ago. I think if bitcoin survive up to next 10 years only, it will get more value than gold for sure. |
|
|
|
In my country I say it is bad.. there are a lot of factors why it is bad and the main reasons are the politicians. They are the one whose holding back all the funds that can be given to the people and use it for livelihood. Corrupt politicians are like cancers in my country and hopefully our new president will eliminate these alligators so we can move to progress.
Same thing with me but as in the case of politician but as regard to the economic condition I will say is not that bad but moderate. I try as much as possible to contribute my quota to the deveopment of the economy by been a patriotic hardworking citizen. Hopefully bitcoin may stir up people here by proving effective part time earning opportunities, that may contribute to nation's economy growth significantly. |
|
|
|
Like in anything in life the higher the risk the higher the rewards as well, but some people forget that your losses will be much higher too, so bet prudently.
i agree in your statement, when you gamble, the higher your risk the higher you will receivce but when you lose the greater emotions you will receive from your losses. as they said, you only live once so if you want to become rich you really need to triple your amount to be bet. when i gamble i do this method if i got lucky then good for me when i lose i rage quit. If you want to become rich, stop now gambling and forgot about betting higher because you will not get rich on gambling. Start studying and focus on your career then find a decent job with good salary rate. In that case you will have sure profit and higher chance to become rich Hey mate, that's the general path give us people some shotcut hehe  , well what you said true but then you have to be innovative and different from others if you want to do something good in life. If everyone of us will do jobs then the jobs will pay much lesser. Anyways I think placing higher bets for big profits is a foolish idea, sorry. |
|
|
|
You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.
Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly. really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money. I may disagree with woman who are good in managing money. Not all. Sometimes they are the reason why you could not save your money because of their wants.  . Anyways, yes it took a lot of discipline if you want to have a better management in your money. Yes, women can give you headache when you try to manage your money efficiently, thats why it is advisable that you don't tell woman all the money you have. Maybe you can just reveal 5% of what you have so that even if they come up with that their fashion greed you can be sure that 95% of your money is safe and properly managed. |
|
|
|
I understand on why people would have bitcoin instead of cash because with bitcoin you can end up with more money and you can end up with cash.
I still would like to have cash because then I would not have to go trough the whole bitcoin process.
Yes, your right. for now, we need both cash and bitcoins. but with the recent launches of different bitcoin debit cards, we can go cashless shopping by just having bitcoins on your debit cards. Even with the bitcoin debit card you still need the cash because there instances in which you go to shop and the merchants there do not accept debit card but ony accept cash may be by putting the nature of business he does in to consideration. So, there shoud be at least some availability of of cash. |
|
|
|
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have use USD for buying drugs or guns so may be people are also using bitcoin for different illegal activities.
you are right that we can not blame to bitcoin and any currency can be used for any type activity so its depend on people good people will be use any currency for good activity and bad people will be use their currency for bad activity. What you said is true that it all depends on people intension. But bitcoins has given an opportunity for bad people to do this kind a transaction anonymously and that is the problem with bitcoins. All these activities was going on even before bitcoins were there but now for them it become easy way to do the transactions. You cannot control them as they are in charge of their own lives, even me I am doing illegal things like gambling because it is ban in our country but sometimes it can only be justified since I do not hurt anyone with my activity, I have fun in gambling although it is illegal and I will not be caught since bitcoin is anonymous. If it's illegal, have a reason, for example USA banned pokerstars because people lose money playing poker... So, in the government mind, is better ban it, so people can spend the money in another things. Maybe your gambling is hurting the government Actually, gambling may be a very bad idea if you cannot judicially make use of the limited income you have for tangible things but decide to spend it all on gambling. Some people are like that, they can gamble all their life savings which is bad. If you must gamble, then do it with the money you can afford to loose. |
|
|
|
not really, because i early only $10 in a month so how can I use it daily but well every week I have 2 transactions but till today i had bought only 1 item with bitcoin that is pc games that too 7 months back and after then i haven't bought anything with bitcoin.
The thing here must be, will you use bitcoin in your daily life and not about how much your earning and how often you are using bitcoin in your life. If you are having all the options to spend bitcoin in your daily life, you must be having good bitcoin adoption rate in your region and you can share that here in this discussion. |
|
|
|
After I thought about it now I see bitcoin is like the cloud, you can access it every where but you can't really control it and it will never become an official currency in any country because it's decentralized.
How you can say that bitcoin will never become official currency for a country ? It would be up to a country's policies and financial situation. If their people prefer, any country will be able to adopt bitcoin as their official currency, I do not see any technical problem for that. If any country declare so, that will give very big boost for bitcoin prices. |
|
|
|
It's everyone decision to trade or quit trading, personally when i have free time i try to trade a bit if i think that i can make a little profit, the price of bitcoin is increasing so maybe this is a good chance to trade on upcoming halving time.
I also trade a bit in my freetime currently still just practicing trying to grasp a feeling for it analyzing the market prices and their behaviour etc. I think in time I'll get better and do it more serious though there's alot of money to be made in trading. If you are serious enough and being more dedicated for learning trading, then you will get chances to develop your trading skills. Studying different strategies and technical analysis will help any person to become very good trader. Dedication and hard work will always pay, so becoming trader is highly possible on our own heartfelt will. |
|
|
|
|
Show Posts
