Yes we used actively bitcoin to pay our electricity bill because it only can be used directly on the bitcoin our country . But if we want to buy can cash out of the bank, remittances , and much more . And this is what we use to buy we want using cash from bitcoin. So butcoin is really good to us because bitcoin can instant cash in a instant.
I guess we are in the same country because i also use my bitcoin to pay my monthly bills and loading my mobile phone. its a good thing local wallet has this feature and its for our convenience. We are spending it for some online stuffs the fact is spending bitcoin is limited at a moment as there are not many place where we can widely used and that is a major problem. Yeah this is a sad fact of bitcoin that we cannot use bitcoin it self in our real life.. but nowadays thanks to bitcoin debit/credit cards this problem is pretty much solved out. you just need to get a credit card. fill up that with your bitcoin. go to super market and buy everything with bitcoin.. cheers. In recent years cryptocurrency market has changed dramatically, but that does not mean that everyone can not only but also want to deal with bitcoin. Perhaps the possibility or even the prospects are good, but the reality is still different. The reality is we are still in the early stage and for me it is the best opportunity to invest than spend since there are only few merchants that are accepting bitcoins as payment but in the future for sure we can see some substantial growth on the numbers of merchant so invest now and take your profit in the future. Yeah, we are still on the earlier stage since bitcoin was created 7 years ago and still have the potential to grow in upcoming years and for sure many countries would already adopt it and more and more merchants would accept already bitcoin as a payment. Investment is a better option rather than spending bitcoin. Yeah investing or saving them for future is the best thing to do, as spending now won't be beneficial as price is not too high, and if you spend them when price goes higher then it will give you better benefits. |
|
|
|
There's no steady income in cryptocurrency world without doing anything. Maybe the easiest and safest work to earn bitcoin is through signature campaign. You can calculate how much post you could made in a week, therefore you'll know how much you could earn in a week.
Never consider signature campaign earnings a steady income. because you never know how long the signature will run and when it will close, and signature payment is not that much that people should only relay on this n do not do anything else.. Best way of Steady Income for me is to become a developer and work permanently with a big site. like a exchange site. etc. There is always an risk that signature may disappear in future but there is also an possibility that we will see many new signature in future which will keep on paying us on regular basis as I am earning since last 2 years from same signature and have saved descent amount of coins till date. |
|
|
|
The blockchain technology is here to stay. The future is difficult to predict, of course, but bitcoin has just begun.
Blockchain technology is indeed very good friends, you are trying to compare it to the BANK system you use. I am pleased with the technology BC than banks, because in technology blockchain (Bc) did not require the identity to make or perform a transaction. It makes my identity hidden in the internet and I can do things safely without the shadow of a Hacker. Indeed the future could not be known, but we can guess with good when looking at the events that have happened in the past Its not easy for an bitcoin to disappear in future, bitcoin is still in its primary stage and if it gets support from Government and banks in future then it will become more powerful as a currency. Yes. It is not going to disappear. The value of bitcoin has reached many and still it is. Many initiate themselves in getting into this forum to know more about bitcoins and the ways to earn it. I too wish the government should support bitcoin to be used worldwide. If this happens then the economy market would become strong and healthy. Hope to attain such stage so. i can agree on two things with you guys. the blockchain is a great technology and it will not disappear. but the blockchain does not need bitcoin. the other point i agree on is that bitcoin wont disappear. but the concern many have is that bitcoin will lose drastically in value. and this is quite possible. Yeah no one can have control on the value of bitcoin and that is a major concern, if price goes down dramatically in future then there is a chance that many people will stop using it. |
|
|
|
470$ is acting as support for now, and i believe if it manage to breach 600$ level then we can see slow increase towards 900$ area. 470$ was a good place to place a buy. We should be able to see 4 digits next year.  Everyone is hoping to see the 4 digit price in the end of this year, but I think we still need to wait for a long time to see that price as price is not moving up as per the expectations. Even the price is not going to be at 4 digit as long as it is going to be a 3 digit at the highest peak before the year ends. Maybe $800-$990 then that is going to be a good end of the year. And for sure the price of bitcoin by next year is going to reach at 4 digit then that is going to be a good significance that 2017 is the year of BTCI don't think bitcoin will achieve the price of $800 in this year, price is hardly moving up and it has not even crossed $600 level since long time, so I would be satisfied even if it touches $700. |
|
|
|
Trading and Gambling can double your money fast if you are lucky but is too risky. There are many times to get lose than to get win. For me i suggest not to engage in that because its hard to get bitcoin then you only lose in gambling or trading it sucks.
Trading is still worth to do. but gambling is never.. gambling is 100% cause you loose your money. in trading you can still earn some profit if you follow the rules and learn properly about trading strategies. there are a lot of people earning bitcoins with trading successfully. Yeah trading is better choice as far as when it comes to make some profits, gambling is totally luck based and I don't see any opportunity in it to make profits, in fact it is the fastest way to loose money. |
|
|
|
|
Its almost 1.5 years and I am part of bitcoin world and this forum when my colleague forcefully asked me to visit the forum and asked me to go through all the threads and collect information related to bitcoins.
|
|
|
|
I think if bitcoin will moved above $10.000 USD per coin it will bring the economic collapse. Many bitcoin holders will try to cash out their money to not skip such good chance to get rich. How many users of bitcoin now? There is no so much money in the world to satisfy that interest. So I hope bitcoin will not rise too much.
At that point Bitcoin will be too strong to fall, some people may think is the top, but a lot other people think 100.000+ can be achieved in the next 10 years. You have a point, if Bitcoins price would reach $10k then maybe all large Bitcoin holders for sure would sell all their Bitcoin holdings and which causes to dump again Bitcoin to lower price thinking that price is the peak but as you said some still believe to go much higher price than that. I think if we don't sell our coins at the price of $10k then that would be the worst decision to make as after that price may dump extremely and would take long time to pump again. |
|
|
|
You can do anything with 0.1 bitcoin, but i suggest you to trading to increase your bitcoin. If you don't care about the risk, you can try gambling by tailing tipster bet on gambling section.
I think gambling will be very risky for him as he may loose all his money in a single shot, its better if he invest in promising altcoin like ETC or ETH, if price pumps he can make good profits from it. |
|
|
|
I wouldn't go full time on bitcoin but surely I would spend a lot of my time with it.
Yes definitely I wold do the same thing. I would not quit my job as it gives me the assurance of having money to finance our daily needs. But, like what you have said, I will use all my extra time to earn more bitcoins as it will gives me additional income. It is hard to give up just like that your job. You could do it if you already have a huge amount of bitcoin in your wallet. If you can manage to earn from both then there is no need in choosing single option, as if you earn from both of them then it will also contribute in improving your financial status and standard of living. |
|
|
|
If you want to save money, save at least 10% to 20% of your salary. That is salary less savings equals expenses. You need to put savings first and not what is left in your salary. If you do that you will just lost all the salary as you will only spend the money dedicated to savings. If you save first then there is no way you could spend that money. Try to commute instead of driving your own car during work. You could also try to packed your food instead of eating out.
it is just another ordinary step to have your money saved , but good to share here as maybe not everyone can do this , saving money also can be done by investing imho , for example invest on bitcoin but there is a risk of course , you have a chance to losing value. There is a risk in investing in bitcoin as no one is sure about its price in future, but still we can afford to take that risk as according to the experts price will surely go higher in future. |
|
|
|
I had expect that in real currency the difficulty goes up now a days.
BUt the BITCOIN yaaaah...its worthing its rises up and down unlike the real one that as the time goes by its value is getting lower and lower but we can't blame anyone with that because that the real thing in economy..
Of course that is why bitcoin is so popular.fiat money has been always taken as good by people for its constant nature but bitcoin nature gave real profit. Bitcoin is popular because we are making money in it and also we can easily transact online taking advantage of the lesser transaction fee compared to other popular payment processor, it was just later that we realize it could also be an investment so we are putting some money on it now. And anything that is giving you profit really is going to be a worth thing for you. And bitcoin really do deserve to be have the worth. Because more and more investors are seeing its worth because they know that in the future bitcoin is going to be a good investment and as well as going to be good digital currency and less hassle for its transactions. That's true and if you are earning money from it then its really worth to you as it is helping you in taking care of your expenses and also helpful at the time of emergencies, so its really worth to have bitcoins. I am even lucky that I have found a way to earn money in bitcoin, unlike before that I only use it to gamble online and it was just early this year that I have found we can make money in bitcoin through investment and trading so it is worthy to me all the time. Yes with trading you can earn good amount of money, but make sure that you don't divert yourself again towards gambling or else your efforts in earning bitcoins will go in vain. |
|
|
|
|
It's very simple, people who are aware about bitcoins are using it and most of them you will find on this forum, and I think its our responsibility that we should teach people around us about bitcoin to grow the community.
|
|
|
|
I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
If you want to invest I prefer to invest on such gambling or casino site's but yeah it's not like HYIP can give profitable double in 24 hours but better it's safe but still risky tho. That's good you've started trading now with Bitcoin, mine too but still I'm using both of them and mostly as currency as because investment for a long term. How I wish I could start trading. I am seeing myself trading soon. I still need to study the workaround and the fundamentals of trading though. I still don't have ample time at the moment but I am seeing that I can do that within the end of the year. It will be my retirement hobby soon  Trading will just be there waiting for you. Better to have more knowledge than just running through it with a gun but with no bullet. It can be a hobby anytime for it doesnt take much time. Yes and its good to get into trading only after doing proper homework, as trading is not going anywhere, but you should enter it only when you feel that you can handle it efficiently. |
|
|
|
I think that both work well in different situations, for different purposes.
It has a unique purpose but both can help us so we need them both, banks will protect us as it is guided by the laws of a certain country so we are more secured than bitcoin, but bitcoin can provide us a good profit from our investment compared to banks so it is both important. Yeah right, there both usefull actualy, but when it comes to the satisfaction to the user it is much better in bitcoin wallet than a bank. though they will feel both satisfaction in it but the average is bitcoin wallet is leading, because of their different charges fee and conveniety. Bitcoin wallet is good because your money in your hands and you can access it whenever you want and the best thing about bitcoin wallet is there is no "bank holiday" in it, you can transact 24/7. |
|
|
|
There is the only way to get rich with bitcoin and that is to accumulate as much coins as possible for future and if you have high volume of coins in future then you can make good money even if price doesn't reach to the moon.
yes that is right to say, but i think if we play from now to open a shop and start accepting bitcoin from the people for shopping, through this people will get awareness about bitcoin so the users of bitcoin will increase and a time will come when your business will surely give you a very very good income. therefore to me investing bitcoin in some business is good than holding it. When more people know about the bitcoin and invest and buy the bitcoin for every day usage, the bitcoin price will rise in the future. Yes if a lot of people using bitcoin and many are investing in it will surely make bitcoin is growing so prices may be going up. We could make a profit at trading site. We can benefit greatly if we could learn. Higher adoption will lead to higher price in future, but we also want that big businesses and companies should start investing in bitcoin and that will take price to high level drastically. |
|
|
|
I have my bitcoins because I believe it will rise in the future and it will give me a lot of money if I continue to invest with it. I know this is a very risky move but I am willing to take the risk for a bigger reward and hope it will happen.
Most of people are having bitcoin as they feel that is the best investment for future and I don't think there is any risk involved in it as in future bitcoin will hold much higher price giving us best profits on our investments. |
|
|
|
Bitcoin has actually provided a myriad of opportunities for crypto-enthusiasts. Ranging from funds transfer - it is much easier to transfer bitcoin to an individual regardless of his location to making online purchases. Investment is another opportunity provided by bitcoin. people are now using bitcoin to invest through lending and even trading on exchanges.
Yeah bitcoin is the best when it comes to money transfers, I am using most of the coins for the same reason as it keeps me away from banks and other payment system who charges heavily from their customers. |
|
|
|
I will invest 2 btc in altcoin trading and remaining 8 btc I will save for the future so even if I go through losses in trading, the rest 8 btc will help me in future.
very precisely, because that way you can feel the struggle to get the bitcoin more and also can feel the pleasure of using bitcoin or trading for profit. The rest of you store is indeed very necessary, for we must be stepped up in the future and we should be able to keep a few things so that we can feel also in the future Yeah and its always good to start with a small amount in trading, as you never know what will happen, as altcoin trading involves higher risk so we need to be very careful while trading with it. |
|
|
|
for now I'm using it as an currency to buy some extras on the internet because I dont know where to invest it and I dont have any trading skills at this moment . hoping this year that I can use bitcoin as an investment so that I can have extra money to use in real life.  Lol I think if you do not know where to invest bitcoin and how much you want to invest I think you just need to hold the course in your bitcoin wallet and wait for prices to rise. you have to have is patience I'm sure you will benefit from this investment? why do not you try it? Yeah if one doesn't have knowledge of trading and investment then the best thing is to hold them for future, no doubt holding will not grow your coins but if price goes higher in future you can earn good profits from it. Yes, for a newbie who are new to bitcoin I think holding a great way to do. Because if they have long known bitcoin, then later they will also know about trading. Due trading requires knowledge and experience about the market analysis. hehe But it is also going to be a good thing if a newbie is going to know how to use his bitcoin for real life as a currency for sure he is going to be encourage if he ever manage to use it as a currency. And of course at the same time it is also better if he is going to hold some of the portion of his bitcoin so that he can have his own investment. There is no complexity in using it as a currency, they can use it wherever they want, but as a newbie they might not be aware that which is the right place to invest their coins. |
|
|
|
People do hate because they have a bad experience about bitcoin but in my case I will never hate bitcoin because it has given me an opportunity to earn and my future is great because of bitcoin. It is risky for now since we are in the early phase but when this succeeds it is good to get the profit of our investment.
I have bad experience with bitcoin because I lost my money in HYIP and even in gambling but I forget the negative and I look for the positive things to happen into my life.
If you have lost in HYIP and gambling then that was your own mistake and you cannot blame or hate bitcoin for that, you should focus on positive sides of bitcoin and not negative. |
|
|
|
|
Show Posts
