When the time that news about banning of ICOs in China spread and shocked the btc society, I also get worried because there's a sudden big drop on bitcoin's value (from 240k pesos to 180k pesos). I'm alarmed at that time and hesitate if I will continue to seek bitcoins or not because I've already set in my mind that sooner or later bitcoins will die due to that very bad news. I'm a little bit upset because I'm just starting to know about bitcoins at that time but I still choose to continue and hope that everything is gonna be alright.

I'm glad because I've made the right decision. Bitcoins are now getting back to normal after those miseries and I see that it will grow stronger. I believe that its value will get higher and higher as time goes by.

For me there are two main factors affecting the rise and fall of bitcoins, first is the Law of Supply and Demand and second is thr News.

Let's say we set bitcoins as a bottled water in a desert, almost all of the people in the desert will buy it because water is a basic commodity there. If I'm the vendor of those bottled waters, I have the ability to increase its price knowing the fact that people can't resist not to buy my product (high demand). But when all the people already quench their thirst and already have the right supply of water, they will not buy my product anymore. Tendency, I have nothing to do but to decrease the price of bottled water and hope that there are still who wants to buy because of its low price. In short, if bitcoins are high in demand, its price will go up but if not, the price will go down. That's the Law of Supply and Demand.

On the other hand, News can also affect the price of btc whether if it's true or not and big or small. The best example is when the news spread that China is trying to ban ICOs in their country, the price of bitcoins are starting to decrease slowly at that time.

Only my two friends ask me about bitcoins, they ask me always if I'm already joined in a signature campaign, what is my current rank now, what is the latest value of USD when exchange to btc and other related topics about bitcoins. Just the three of us in our classroom are more familiar with bitcoins and working hard online in order to earn it. Every time we are having a conversation about bitcoins inside our class or in our group chat, our other classmates are very curious what bitcoins are all about and they start to ask questions. After answering their queries and encourage them to join, they still refuse and we really don't know why even we said that you will earn lots of money here.
Maybe only geeky persons like us can truely understand and appreciate the value of bitcoins but I'm still hoping that soon we can find another who knows about bitcoins for us to have new friends.

That's not very surprising because we all know that our parents and others from older generation only stick to their culture and to the kind of living they used to. It's hard for them to accept the new advancements happening in our time.

Your mother grew in the time where the only source of income is by having a stable job or having a business, nothing else. That's the reason why your mother prohibits you in engaging with bitcoins and other jobs online because they believe that you can only earn money by working physically hard so they come up to the conclusions that online jobs are scam, a waste of time or violation under the law even they don't have a concrete evidences. This kind of mindset is very wrong, just respect your mother's opinion and try again to change what she thinks about bitcoins and online jobs by showing your legal earnings from it. Try also to discuss her about the advantages of having jobs online and prove her that there's nothing wrong with that.

I'll disagree with you because it's not practical to leave your stable job for an unsure source of income. Okay, let's say you are very good in bitcoin and you earn lots of money from here but the question is until when? You can't say that there are always signature and bounty campaigns to join, your earnings only depend on the available opportunities here.

You should focus more on your job because I know that you will succeed more maybe not financially because your bitcoin earnings are higher than your salary, but being a person because you are able to apply all the wisdom you acquired in real life situations which makes you feel morally-satisfied.

Besides, you can do your job and earning bitcoins at the same time right? There are no rules saying that you should only pick one. It's just a matter of time management.

Bitcointalk username: Navi_027
BTCBET.CC username: Navi_027
Forum Rank: Jr. Member
Current post count: 77
Btc address: 3JfDABTBbw7GN4AarKQsoDDLyeVwR7okSd

I want to join to your campaign.

Bitcointalk username: Navi_027
Rank: Jr. Member
Current post: 76
Btc address: 3JfDABTBbw7GN4AarKQsoDDLyeVwR7okSd

Sir I would like to join your campaign. I hope I will be accepted, this will become my first signature campaign if ever. Thanks in advance  

Fiat money still overpowers bitcoin because fiat money is accepted by all kinds of nations and 100% legal. Yes, bitcoins are starting to br accepted by others and also in the legalization process in some countries but cons can still find loop holes in the idea of digital currency.

So for now, fiat money is better than btc but we cannit underestimate thr potential of bitcoins because it is improving from time to time.

That's a lot of money to earn for me. I can't earn $40 a day. Since I'm still a beginner, I'm just starting to gain some experience on how to earn btc and for that reason I'm still scared in trading because it's risky but maybe someday I will do too if I acquired enough knowledge about that. So for now, I earn only few satoshis, dogecoins and litecoins coming from faucets and wait for it to accumulate.

Sir I'm interested to join, please give us an update to your campaign because the end of the month finally ended. I hope I will be accepted after all flaws are resolve. Thank you

Btctalk name: Navi_027
Rank: Jr. Member
Current post count: 68
Btc Address: 3JfDABTBbw7GN4AarKQsoDDLyeVwR7okSd

I wish I will be accepted.

Btctalk name: Navi_027
Rank: Jr. Member
Current post count: 67
Btc Address: 3JfDABTBbw7GN4AarKQsoDDLyeVwR7okSd

I really hope this will happen soon because the big drop of value of btc really threatens me since I'm a new jr. Member here and only starting to join campaigns. I'm scared that the rewards I will get from those campaigns are low because of fluctuafion of btc's value.

All we can do for now is think positive and believe.

I conducted my research about how to earn bitcoins and ang maaadvice ko lang sayo eh mag claim ka muna sa mga bitcoin faucets, yun kasi talaga ang applicable sa mga newbie (ganyan kasi ginagawa ko until now). Mejo maliit lang talaga kikitain mo, Just a few satoshis lang pero at least may kinikita ka.

Pero ang the best na gawin mo eh be patient and focus on studying bitcoins, wag mainip na kumita, darating din yang time na yan.

I think that's not practical for now because it's much faster to pay fiat money than bitcoins as your payment for taxi fee.

There are many requirements needed to make btc as an acceptable payment:
   *All Taxi drivers must have an Internet connection to make it possible.
   *All taxis must have a computer system for this transaction to make it more convenient for the passengers and the driver to transact.
   *Both party (the passenger and the driver) must have a smartphone and a knowledge about bitcoins.

If you will compute the time this kind of transaction takes, it's slower compare in using fiat money where you only need to get your money inside your purse, pay it to the driver, and get off the car. But Btc still have bright potentials for the advancement of our technology in the future.

I'm still a newbie also like you but now I do research about activities where I can earn bitcoins. My friend told me that you can earn from joining signature campaigns and bounty campaigns here once you become a jr. Member (campaigns for newbie are very rare) , you can some amount of your bitcoins (if you already have ) to make a profit from it, you can try gambling if you are good in it, and you can also claim from bitcoin faucets absolutely free but Very small amount only so it takes a lot of time to earn.

Well, that's the worst nightmare for all who still holding bitcoins. All of the btc invested and all of the btc still inside your wallets will become valueless all of a sudden. All of the effort, time, and sacrifice tha you do just to earn will not give some benefit in return, it's like you're in the highest peak of the mountain then you suddenly fall down to the bottom.

I think the only way to avoid thia misery is when you trade your btc into other cryptocurrency before the ban and withdraw all of it to cut the future losses. (I hope this won't happen)

Actually no one can predict but I'm sure that it won't happen now. Bitcoins have a very big potential to absorb all the finances in this world and become our universal currency because of the advantages it possess when we compare to fiat money, but as long as there are people who still prefer the use of fiat money and there's someone who disagree to Bitcoin then the idea of Btc reaching the top and conquering all is just a dream.

I agree because all of us will benefit . Through this, the number of victims of scams will greatly reduce especially for those newcomers or newbies like me. I think this is a good solution to scare those scammers and stop their wrong deed. I also visualize (when it's implemented) that scammers will think twice if they wil continue their dirty work because they think that in the end it might be exposed and reported.

But this plan can be possible if there are willing experts to build this organization.

I'm using only a smartphone with H+ signal. But once I'm able to join in signature campaigns and earn money, I'll buy a laptop and a new smartphone with 4g signal and use these simultaneously to earn bitcoins in order to get accumulated btc fast.
But disregarding the technical requirements, you also need patience,knowledge, and hardworking skills before entering here.