Using bitcoin in taxi is not a good idea, why? Tx fees anf tx time, bitcoin transfer fee are way too high the faster yoy want it to be confirmed to more expensive its fees are, But there are other option, Litecoin, Xrp, XLM, &any other fasr and cheap tx coin can be used by taxi's or UBER & other transportation vehicles as an alternative payment
Well maybe this thing should be resolve first before it can be implemented. Or it can be sync or use our local wallets so the transaction is not too long yet the fee will be zero or just a little. If this will happen, it'll be a great and more convenient to all bitcoin enthusiasts. If it will be applied,there are more things they need to foresee first, thus the delays in transaction wont affect the schedule of the taxi and the passenger are they willing to wait or not, as well as the amount or price since the price of btc were not stable and changes from time to time that may cause their lose sometimes. But tha fare rate should be stable whether the bitcoin price change. It shouldn't be affected by the fluctuation like the drivers shouldn't lose their income. This should be analyze first by the company that will run as this is another milestone for bitcoin. No worries just use your local currency for conversion, lets use USD for example and the fare is $1, there should be a real time converter where you can be able to see how much is $1 in bitcoin. then again another problem rises because you need an internet connection with this. This idea is not impossible but to be honest, there are way too possible problems to be encountered. maybe if things got better with bitcoin and in bitcoin. right now the small payments are not encouraged so we should focus on the larger ones rather. |
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Bitcoin is already mainstream. Big media platforms are writing articles about it. Also when you look the unconfirmed transactions, the amount increases every second. It passed PayPal's marketcap a couple of weeks ago. PayPal is quite mainstream, even my mother knows it.
uhhh i don't think so. mainstream means a dominant trend to the point that it'll become a basic knowledge that almost all people knows. as i see bitcoin now, its not even close to that. the trick is to pay attention in your surrondings? Have you asked your peers if they know bitcoin? i bet odds are low to that. Is it easy to look for merchants who accepts it? no because they are very scarce as of now. Although having said that, bitcoin is growing constantly and the odds of having it mainstream is not low |
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Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..
Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently. For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees. I dont know why some people do make use on exchange wallets.They do really charge huge fees which is more than on the regular charge of the network.Just like on my local wallet provider they do really charge up ridiculously high this is why i decide to make use electrum instead on having your own private keys you can anytime adjust your fees according to your own decision. Its because of lack of knowledge most probably. i mean if you know something better and you can literally reach it why won't you go there? this solves the question why most newbies uses exchanges and online wallets as their main wallet. the other reason i could think of is because theay don't have the gadgets for it e.g. pc for windows wallet or mycelium for android/ios This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.
wow, so you're saying its okay to pay large amount of miner fee just to become a loyal user lol? please refer to https://bitcoinfees.21.co/ they state the fastest and cheapest fee real time as of now its 40000 satoshis which is really cheaper than xapo. imagine how much you can save if you are paying cheaper miner fees than xapo in every transaction you made and don't forget to add the fact that bitcoins price is rising |
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Is there a user who has made a total of 1bitcoin in signature campaigns alone , not investments but payment from posting and being paid.
1 Bitcoin ? I'm pretty sure forum has users who make more than 1 Btc per month only from the signature campaigns.Let's put it this way,if they have 10 alt accounts enrolled in the campaigns paying 0.02-0.03 per week,they still make close to 1Btc per month.I have also heard people quitting their real time jobs just to do signature campaigns as full time profession. So far I do not know how much total bitcoin I get just from the signature campaign, but if someone has started it since a long time and continues to hold the bitcoin they get from the signature campaign then if it is like that it is possible now he already has 1 BTC only from the signature campaign.
I don't do either,been on the forum since 2 years and I DEFINITELY made 1Btc from signature campaigns. I wonder how can they keep 10 alt accounts enrolled in signature campaigns and keeping quality posts. Probably they maybe in the altcoin section as there no one cares about post quality ,they only need views to their project. OP I have also made more than 1 bitcoin so far from signature campaigns. It is not difficult if you are an active user and make quality posts. This way almost all signature campaigns will accept you. Since you are a newbie, keep reading the forum, and posting good posts until you increase in your ranks. When you reach Full Member you will have a lot of option to join a signature campaign you like. yah people who are here for the past years have surely made 1 bitcoin because i heard rates are pretty high back then--amount of bitcoin but the price of bitcoin back then is quite low compared to its current price today. actually earning 1 bitcoin from signature campaign today is not that impossible but to be blunt it will take a long time of saving as bitcoins price increase the rates in btc decreases but if you're confident in yourself go do it. yah those people are taking too much advantage of this forum creating large number of accounts, i bet they're going full time on posting. well if they produce low quality posts they will get tagged in no time. |
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Tell me about your trading strategy.
Thx
Save a huge capital, Buy a mass trending or in demand coin--has a lot of buy and sell orders and then get out quickly--sell after a 10 or more sat increase How much coins do you use when you trade? All of them?
Not all of them, i often set a fixed capital and use them all to get my roi first after that i just do what i want How much time is it appropriate to hold a coin?
It depends on various factors but most of the time i don't hold that long particularly on coins that pumps so fast bottomlline, some questions you've asked depends on the currenct market trend so you might wanna research about it first |
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I can't give even an estimation because it'll likely go off moreover bitcoin is wild so most of the time it'll go beyond that. my only advice is to wait for the fast pump.
if you've been here for a few months, i'm sure you have noticed the cycle. bitcoin will likely have a price crash after a fast pump. you don't have to devote too much
time to watch the market, just a one or two price check per day if the price had some excessive rise for 3 days its the start of the fast pump now you you just have
to wait for the crash
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when you're trading you will fell various emotions so its not just pure fun like games because you'll be more anxious if you reached game over or loss in trading than games.
with that being said i don't see it as pure as i take it seriously because you have to do various speculations and strategies and most of the time you'll just sit in front of your
laptop. my family thinks that i'm amazing because i'm making money just by sitting on my laptop all day buts its actually not. the fun times in trading is most probably when you
earn profits
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I only trade altcoins mainly with bitcoin as it is very helpful because of its wildness and of course out of all cryptocurrency bitcoin is the most suited for long term holding unlike other
who might crash and recover after a long time. i haven't tried usdt as i have a huge doubt on centralized cryptocoins although their idea is great that the price alines to dollar but i
often seen that it falls under the price of a dollar. Moreover bitcoin have more trading pairs than usdt and eth.
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Basically news came out after the price had already move and if some news appear before the market, most of it just made of opinions, rumor, and people's perspective about the issues that going around lately, there might be some decent news before the market but unless you're some big shots and had banking connections, i doubt you can get any of that precious information
this is true and although the news that came out after the price had already moved may seem useless to you, its actually not because from there you can still predict what direction will the price will go. yah think of it like this, if there is something like obtaining news before the market 1. it wouldn't be available to public, 2. people wouln't share it unless they have something to gain 3. they will have a crowd control so most probably yah only big shots or whales are able to join. so if you find something that claims like that its just probably a fud/hype group |
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in the first place only the panickers believed that bitcoin will fall because of this. i believed bitcoin improved a lot and things that make it fall so great in the past to the point that
it took years to recover might not happen again as it already established a strong community. its true that there are many panickers, fuders, hypers but they are overwhelmed by
strong hands and whales so i'm not really worried that much. bottomline, core supporters are not all in china
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trading altcoin for me is the best way to grow bitcoin. the advantage gained is huge and in a short time. Another way is invest in ICO's, the ico's is currently to be a phenomenon, lots of good projects, we can get a profit 2-5x / projects.
when you know nothing about trading i think it is not an advantage at all. especially when you have no time enough to monitoring the market, really better to put your money in long term as an investment to grow your bitcoin. as i believe in the end between trading and invest both are profitable when you do it patiently. Thats true you shouldn't be trading if you don't have time but i think most people here have some free time because they won't look for an online job if they're busy. Its also true that both of them are profitable but depends on what you do trading has more room for profits than just investing and holding even if you have a small capital only. |
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i'd say bitcoin is a sensitive thing and that anything can and might influence it either small or big so this matter will certainly have a significant effect because China plays a big
role in this industry. and to answer the question no matter how you look at it, its a negative thing thats why its sane to think that it will also produce negative effects which is
literally what happening on the past few days and now as you can see on the charts. I'm already used with these things so i know will i do and its nothing to worry about
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The modern era makes things easier, with money then we can make money as well so in a short time then our assets will increase drastically. many things we can do, for example is buying gold, stocks and deposits.
You are 100% right it is the age of the technologies now life has become so easy that people can earn money through easy and simple ways. Now everything lies just on a click so if you have money and you want to increase it than you should invest it so in the future you will be able to get profit even without doing any hard work, so if you have good experience then you will be able to enjoy the benefit of the bitcoin. Although this is the benefit of trading online through internet, but you have to remember after decide to sell or buy coins, you do not have chance for consider again after sold or bought! That is difference point between use your money for trading online and directly in real life  If we do compare both fields they do really differ this is why we should not think off these stuffs. Making money out of our money would always be the thing on which investors or people who do risk money to earn money on any businesses or trades it would be either online or offline but same as you said there are things which cant really be undone.This is why we should know whats the differences. lol thats a basic knowledge in this world even elementary students knows that so i'm sure everyone is well aware when they're selling something as you can't take back time. although knowing its risks shouldn't make you scared because you can't strive for something better if you don't take a risk. I think that some of these people need to download something like lemonade Tycoon the old days. They simply teaches you the fact that you start off with something small and completely and totally devote Revenue that comes from that small thing in the building, and then with that higher Revenue you devote that into building something more. Continue this till you have what you want. A lot of these clicker games on the smartphone demonstrate that.
Sadly most people who plays games like that only plays for fun so not all of them will comprehend it like you do. since there are a lot of people who are lacking some common sense it'll be better to bluntly say it, sadly theres no solution for lazy people. Although its the worst but this is also the most effective way and that is to just let the certain awful thing happened on a certain person for him or her to learn. |
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I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on. My question is how can we push the actual use of the bitcoin and what is nessacary to do that ? I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC) After this problem is solved this would be my ideas, I hope you help me gather more: - Convince organisations like amnesty international to accept bitcoin as donations
- Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
- Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
The thing is centralized organizations control people's minds most of the time, and if a grocery store starts accepting bitcoin as a payment mode, soon more will join and the more big the group of bitcoin accepting merchants get, the problem will be for the government as this would affect the economy, because there is not tax on bitcoin,if you just do everything for yourself and do not contribute to the government, the government will definitely take some action. Why do you think others will join already just because someone did accept bitcoin? lol they will only start doing the same if they saw your business booms because of it or worse they might come up something better basing from it. yes bitcoin can't be taxed but to the best of my knowledge every registered business are subject to pay taxes e.g income tax, self-emplyment tax of course taxes depends on how big is your business. if bitcoin users gets to get huge in your country i'm sure your government will come to regulate it but i don't think they'll go for drastic measures for starters. |
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As I remember the same topic is exist on the forum already, but I will tell you my opinion in any case.
Yes, "the time is money" are good words. But not every pearson's time cost anything. How much costs the time of some idiot or fool who doesn't want to do a thing and used to live due to other people's help? Nothing.
Don't take it too literally. the main message of the quote is to be use your time wisely and productively as long as it you produce results that can help you in the future your time is not wasted. lets take your example on the fool person, if that person is learning a new skill and trying things to get a job/income then his time is not wasted, it'll bear fruit in the near future therefore those time he spent learning bears money. of course i he does nothing its nothing lol. and just to be clear theres nothing wrong to live using peoles help as long as you're doing something as a payback and as a sign of gratefulness |
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I cant even imagine that a currency like dollars and bitcoin could control the world economy. Simply because they are just things, but what will bitcoin do in the world economy is that it will improve it. Those who adapt bitcoin as exchange will see great changes like lower unemployment rate land for those who are not will be left behind.
Bitcoin control the economy of the world? Maybe yes but in good way, because bitcoin give chance the unemployment people to have a job. Moreover, the people who have fair salary can get additional income to provide the things they want to have. It can really help in the sense that people do give an opportunity to have a job and making money out of bitcoin but somehow useless because those earnings cant really be taxed and im sure those people wont really be paying taxes unless if he is really concerned on the economic state of their country but seeing that this thing is impossible on most cases this is why i cant see that bitcoin would able to give impacts on this matter. you guys are differentiating bitcoin and fiat money too much. Yes bitcoin can gives way to jobs but doesn't it applies also to fiat-- i mean they're both a medium of exchange so both of them can be given as an income. the fact that it can't be controlled and can't be taxed opposes fiat currencies that are backed by government, i think its one of the reasons why people are obessing on which of them are superior and will be. To be honest i like both of them to co-exist together |
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This is too alarming if this kind of idea will be present in crypto space. How did the culprit know that you have a lot of bitcoin? Unless he/she know you personally that you are a millionaire through bitcoin I think.  But if the case that your family was involve here, then get my bitcoin for christ sake. I will trace you no matter what. how? Depends on what you do. most of my close friends and relatives know that i'm earning bitcoin so if it happens it must be one of them but i thibk there are also people who are advertising bitcoin in their social medias which will be a difficult. although theres nothing wrong with advertising bitcoin on them but there is always a right way to do that e.g if you have a pretty large amount of btc its not right to let people know its estimated or exact amount-- imean there are other ways to spread advertise bitcoin if youre doing that you're merely boasting. i'm not encouraging you guys but having bitcoin as a ransom is actually smart as it makes them difficult to trace |
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it depends on what you can do actually although i really think that we shouldn't leave our full time jobs to go full time online--in bitcoin unless you're earning
a lot there. a lot to the point where your income overwhelms your expenses because you will not be receiving a stable income that can be both good and
not depends on situation: you can receive a low income or you can receive a lot. if you guys are planning to to go full time online, you must first establish it
since there is a huge competition here
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping  .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? I dont think bitcoins are going to end with just quick. It is just like the segwit last couple of months. This just happen because of the china incident where they banned all the cryptos. Chinese are ruining this business thats is I think the main reason why bitcoin today are going down. But I know they will rise again just like what they always do. Because bitcoin is a big thing that cannot be easily destroyed. A lot of big people are in this thing and they won't let that happen. This provides them a big money. its true that bitcoin ain't going to fall that easily but i do not think the chinese are trying to ruin bitcoin. most people think that when bitcoin dumps it is automatically considered as a negative thing but in reality its not because if the price falls then its a good time to buy more because its cheaper than usual right? so my conclusion is they're just trying to take advantage of this to gain something greater. well all whales tend to do that as they can influence the market |
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Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.
hey its technically not a loss yet if you haven't sold yet because if the price pumps after a few months, you'll get your roi or even profit from it unlike when you already sold it, whether the price pumps or not it doesn't matter no changes will be made. when you're investing its just a matter of choosing and believing. thats why i dont sell coins lower than its bought price |
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