I shared about bitcoin around one year and a half before with my brother in law and a cousin. They pretty much ignored me. Visited them again one month ago, and they asked me about it. Seems it is getting more attention due to its price raise.
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Market will recover, and scaling solutions will work. It is just that we cannot start from high so it skyrockets too much. Some panic is in place before because not everybody has the same faith in success I think.
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It is very hard nowadays, and it never was that easy. But here are some things you can do:
-Faucets. They pay much less now and have many captchas and antibot-links... but they will deliver some btc yet.
-Micro tasks. Pay a little better than faucets. Faucethub.io has some, and other sites (look for tasks for bitcoin).
-Campaigns. As said by other people.
Once you gather 0.01 or more, you can try trading very conservatively on coins like LTC, DOGE, ETH... for small profits (1%,2%) buying low, waiting for 1-2% profit, selling, buying again... however this is not 100 % sure. You can also try lending your 0.01 in poloniex or other sites and get 600-1500 satoshi from them passively while you keep it growing.
That are some ways I know, I try to find more myself
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I do not know for sure, but I remember something that could be similar.
When the halving was approaching not a lot of time ago, the price was somewhat good. There was uncertainty too: if halving happened and price remained as it was, miners would lower their earnings, they would hold the coins instead of selling. Price would rise.
Others said that price already have the halving discounted.... nothing would happen, and maybe miners would stop mining due to lack of profit.
At last halving came and price went up. Miners got their profit as usual, or more.
Thing is... there is lots of money at stake here. Those who are earning or generating a lot (miners, core developers, etc.) WILL protect their investment and always try that any change that happens is for good, not for bad. If segwit is what they decided, it is because they are going to profit from it. If it is not profitable per se, they will at the very least try it is.
I would say that investing now is a wise move.... but again, not 100% sure.
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As other have said, there are too many coins already. But one point about those coin is that, most of them do not have any "real" value. They are not accepted in stores or to buy any service directly.
If you really do accept the new created coin for your goods, and give people some incentive (discount etc.) to buy in your store using the coin, you are likely to be ahead thousand of other deceased coins. But that will cost you money, and most people seek just the opposite when they launch a coin: they want to get money.
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My thoughts is that segwit will suceed and no splitting fork will happen. There is too much bitcoin at stake for that to happen. However, the panic spreaded by some people is making me doubt a bit.
Depending on what the situation is when approaching the activation, I will decide to put my bitcoin offline or not.
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A very good faucet. Just tested it and got some dogecoin without annoying popups and anti-bot links. There are little faucets like this nowadays. Recommended.
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Hi everybody, just discovered telegram about a week ago, and searching the web found a couple of bitcoin and exchange channels. But I thought probably there are more or more interesting ones.
Could you recommend any?
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I got 0.2 doge, happy with it.
Nowadays most faucets are so hard to claim that yours stands out as a simple to claim one. Just close the popup, insert the address, and claim. Very refresing. Keep with the good work.
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My plan is that it becomes a source of income for my family in the future due to interest on loans or benefits from trading with low margins. I am working now to have a salary in the future, God willing.
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I have read there will be more movement due to segwit and that will make price go down a bit at first, but then it will soar high as confidence builds. That is what I am personally hoping for.
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Perhaps c or d is the best option. You delay the opening and offer some control to the actual users. If you see it fit you can re-open early or later. YouŽll have more control over your life and offer possibilities to users. I think that is the best you can do.
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Thing is you cannot be sure. All goes with probabilites. For sure, you can get a lot more trading and moving the coins instead of holding, but the probabilty of succeeding is much lower too.
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I was just going to ask about the advantages, and last reply worked for me I guess you also save space vs. having all the blockchain in the HD right? Thanks.
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Well that only means eth is on the rise right now. Let's wait for a little while more and see.
By the way, it does not need to be either/or. Perhaps both Bitcoin and ETH have a very bright future.
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Would be good if banks accepted (for example) incoming transfers in bitcoin. You get into your banking account online, obtain a btc address to send your btc, and then the transfer is stored in fiat.
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Sorry about hearing that. But if you hold at least some btc instead of just selling them off on the spot you should have some profit.
Probably that is what your costumers are doing: buying things when bitcoin is at its highest.
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I am not so sure we are going much down. On one hand many some want to cash out benefits, on the other hand, there should be lots of people waiting their moment to get in. If it is a little low, they will get in and make the price rise again...
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BTC follows the dollar at this moment. As you said about the soap bar, if it's $1.00, we will pay 0.000371 BTC ($2700), with the 5% inflation the soap bar costs $1.05, so we will pay 0.00039 BTC.
The inflation isn't over BTC, but it affects BTC on the final price you will pay for your stuff.
Very very good point. In fact, it has been eye-opening for me. As long as we cannot use Bitcoin directly and have to convert to dollar first, we will get the dollar inflation anyway, even though it may be compensated by the rises in value.
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With Bitcoin, when it gets a very high raise and then falls, it usually falls to a value above the starting value. So even if it is inflated, it ends up a little higher. I remember it going from 450- something to 800, then back to 535 for example. Sometimes it does go very low but that requires very bad news.
I do not know much about ethereum... just seems everybody is talking about it lately.
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