I am using coinbase about 1years+ never faced any issued with it. Coinbase is safe and sequre to me
I used coinbase sometime but I didn't had to have any transactions from it but most of the people are using it and trusting it. I had read somewhere here on forum that someone got problem with his account and it was disabled by coinbase. But upon reaching their support and giving few questions to the owner, the owner answered correctly and promptly. Coinbase did retrieved and gave his account. What? You're using coinbase (sometimes) but you don't have any transactions through it? How is that called using?. Coinabse is a really popular web wallet especially when you're new to bitcoin. Then what happened to others who complained? Sorry to say but in this kind of industry, You don't easily trust someone. Right now, I am 99.9% of not usingg coinbase. There are many web wallets out there. I won't stick to the one who has a 50-50 Positive and negative feedback. |
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I'll tell you more, even over $ 700 for a bitcoin to buy it is very risky. It may go down even lower. And if you start a third world war, then he can do to stop demand.
It's quite funny when I see nonsensical comments like this. If you are worried about risk of owning bitcoin, then why do you even here? Bitcoin was always explosively volatile, this 'feature' is not gonna change anytime soon. And stop please use war as argument against bitcoin - it is basically argument against fiat, stocks, securities and every kind of financial instrument. After going through several topics of the forum, I constantly come across conflicting information and not everyone finds confirmation of their words. Some are already waiting for the collapse of bitcoin, others are waiting for its legalization and position as an international currency, but about the prices for today, tomorrow and the future, in general, the fables add up. I'm already beginning to worry about my own and schizophrenia users. Can't help it. We are all different people with a different viewing of things, It is just obvious that we have our own plan or speculation about bitcoin and any related things to it. In predicting things, There is no way to confirm if the path you're taking is the right way because you can only know if you've made the right choice when the outcome is already there. With the vast information stated here, It is a must to not trust every word that is in there. |
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I first got bitcoin from withdrawing from gambling sites. I deposited with another method but could withdraw bitcoin so i did it. Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations. However, isn't the value of bitcoin almost always going to go up so its best to hold it? I know last year it was $600 and the highest was when it was more than $1000 per bitcoin. But since it is all the way down to $200-$300, isn't having bitcoin always good? Could bitcoin go all the way to 0 soon? I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that. But even if it does, isn't it almost always going to rebound and go back up? Last time i had btc and it was $230 or so and now it went up to $260. So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
Bitcoin is a good investment indeed but for now I don't think it is much applicable now because there is so many issues about bitcoin right now, and eth and other altcoins is getting a high price and demand while bitcoin price is going down, sure the bitcoin price now will rise its demand, but in future I couldn't say it might die but other cryptocurrency will occur with much better features than bitcoin. OP doesn't say anything about the long time thing and the uncertain things are true. Investing for a long time doesn't guarantee anything so you have to plan everything to gain profits and as well as minimize its risks. For example, Investing for 1 or 2 years is less riskier than investing for 10 years and up because the longer the time span, then many uncertain things will happen thats impossible to predict, although many people have said that the longer your investment the bigger the profits. |
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Here everyone knows that the currently the price of the Bitcoin at the peak of the sky . But due to the increase of the price the price of less famouse altcoins are became down . So here is a better chance to buy some altcoins? What is your thoughts about this guy's ? Share your thoughts  With track coming with its own risk, every time is the best time even currently the price has gone down to $900 which is kind of low that would be a best moment to buy but the issue is some people won't still buy thinking it will go down further then they exploit the price crash to them this is not the right time and when the price increases again they say let me wait. In all the right moment is anytime you are ready to take the risk of trading. Since we don't know where the bottom is in terms of Bitcoin price, buy but don't use all of your money. Be ready to buy more if the price drops more. This gives you leverage if the price keeps going down. Its because they don't watch the market for so long, With the current price, It is now a good time to buy if you have the money for it. But if not You can earn a small amount of bitcoin from whatever it is and do a trading with altcoins. You should use the profits from it to buy a portion of bitcoin each month. That is what I'm doing so someday, I can have my 1 bitcoin. |
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Though I don't do HYIP schemes because in 2013 I lose heavily in hyip and since then I stop investing in hyip. But I learned from an article that said almost the something you are saying. The writer said " never investment more than one time in hyip and don't investment in hyip that has long time returned on investment like one month and above".
The writer should have said to stay away from HYIPS or should I say, Any Ponzi schemes regardless of its context. There are many investments that is much less risky and realistic so why not search for it first to know all of your options. We can easily know if an Investment is a ponzi if it says too good to be true things like a high returns in a short amount of time. |
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If I have 0$ at the moment can I make 100$ in 2 or 3 months? How?
It's very simple and I did it for so many times. The best way for earning that amount for that range of day is with getting a job. What if I deposited 20$ .. Can I make them 100$ in less time?
There's no guaranteed that you will be earning that $100 out of that $20, it depends on your strategy and can you go with the flow of fluctuations. But if you've got a lot of source of income and not just investing that $20 while having a day job, you can earn it. In 2 to 3 months of period, earning $100 is tangible online since it can be gained through signature campaign and promoting an advertisements without any investments. However, there is really no assurance to gain a certain of amount for a certain period since working online isn't consistent. Hence, earning is also upon the market and the strategies you are doing. The electricity and internet is going to be your investment if you are going to join some campaigns. But it's not stable at all. The best thing is going to had a day job or you can start out your own business which is very reliable to earn $100. But as long as you are confident on what you are doing that will be the best. Your daily job will be your main source of buying your daily needs so a $100 per month is seriously not enough. But earning $100 per month as a part time job is good deal though plus if you do it online it will be more easier. So I really think that OP is searching for a way to earn that amount online. That's true, There is no stable earning in an online job but I believe that if you are doing many things to earn, $100 per month is not that hard to achieve. Signature Campaign with a Senior member+account + Trading is a good way. |
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I would like to know if anyone of you earns 0.1 BTC per week or even more? Is this possible and what is best way to earn it? Your experiences, suggestions and advices are very welcomed.
Well you can do this with signature campaigns,I think with your rank hero member you can get more 0.1btc bitcoin as many signture campaign that monthly 0.1 BTC even more to rank members. By the looks of it, He's already a member of a high paying signature campaign, So he can certainly earn that amount in a month but the high paying ones are filled quickly so you gotta have to check the services section more frequently. I believe I am a already making 0.1 bitcoin from trading on weekly basis. Like myself, many people are looking for only bitcoin based opportunities and they are not minding about other freelancing way of earning as they are finding difficulties to convert back those earning into bitcoins.
I agree trading bitcoin and altcoin has risks and consistently we cannot make 0.1 bitcoins on every week, still with my technical analysis capability I am doing this for a few months. As long as bitcoin shows fluctuations I believe I will not be having any problems.
IF that is so, then that's already a good money for you. If they are having problem with the conversion of the possible salary they've got to bitcoin. I guess they should be informed or just try to do some research about. There's xbtfreelancer which they can use for looking for some freelance jobs. Good thing if you will always be consistent on trading with that amount. There are many exchange and trading sites for them to convert their fiat earnings to bitcoin, I don't really see it as a problem. They're just too lazy to search. You can earn that amount on freelancing sites if you have the skills not easy ones but the technical ones because they have a high pay rate. The hardest part is the competition. If you're new who don't have that much experience you will have no choice but to lower your payrate. |
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Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
Well for me even if it goes to around 0.5$ it would still be reasonable and a lot cheaper than other transactional fees. That's the good thing with btc and i think it's one of the things that will make btc one of the major transaction forms in the future Yeah as long as I pay in cents that would be fine but we all know that it should depends on the amount of transaction or the size rather. Lets just hope that it will stay low in the future because many people will be dissappointed if the miner fees are just equal on fees the real world. Maybe $.01. Everyday there is a lot of transaction going on so they can still take a huge amount from that. I know there is a few millions of people now using bitcoin. I bet they get much more than they need and there's no need be greedy.
We don't know that yet because there is a excessive competition between the miners, Electricity rates are different, Mining rigs are different, number of active hours are different. The best thing is to pay based on the size of your transaction. |
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Recently, I have posted something on a bitcoin related group in facebook and after that I was shocked there are a lot of people who have added me offering different investment services.
We really have to be careful with this. Just adding them up in your account might stress you for they will not stop in urging you to join. They might tell sweet words to how much you will profit but at the end it will all be a scam.
Just a heads up for those who will read here. Specially the new ones. They are scattered all over the internet. Just hold your coins and that's it.
This is very common in social media. Everyone wants to pull you into some fake investment scheme which are frauds and/or ponzi schemes. This is why I hate Facebook/Twitter since they first appeared. Also these sites are propaganda sites for the people who are spreading FUD news to manipulate the market. Absolutely dirty methods of trying to manipulate everyone. I agree mostly newbies are the ones who fall for these, but the older people are also getting robbed when they get their brains empty and lose rational thinking. In the first place, You should only add or accept someone that you know or you can always view their activities and judge if they won't give you headaches. I have also joined groups on facebook and twitter and I have found nothing useful information, The said truth in this are people in there thought that they will earn on those schemes. Some schemes are easy to find if it was a scam or not. You don't need to be a pro, Just a common sense will do. The most common ones are the contradiction of words like when it says there is no investment but you have to deposit and the too good to be true ones like doubling your bitcoins in a month. |
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Bitcoin will remain as a digital currency and it will be used by many people in the whole world. But saying it has no competitions, it has competitions, though bitcoin is nust the popular one because it has the highest price. There are niners that mine other altcoin and then convert it to bitcoin. They do these because these altcoins are easy to mine and they can earn a lot of altcoin that they can convert to bitcoin.
Right now, I wouldn't call it a competition because they aren't even close to bitcoin. But I will call them rivals instead. Maybe in a few years there will be a competition since, DASH, XMR and ETH are doing a great job. That's why people should also watch and save at least one of them. That's true because there is a excessive competition in bitcoin trading so most people go for altcoin but the fact that it is just another way to earn bitcoin just proves that it is still the king. |
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Banks will not disappear.But its also true that bitcoin has become the worst nightmare for bankers.Already,many people have started using bitcoins for transactions instead of banks.If this continues,Banks would face a huge loss in revenue got from transactions.In future,banks will not get huge profits as now.Mostly,they have to depend on the interests from loans as their main revenue.
There is nothing to be worried for bankers when it comes to bitcoin because it does not bother them at all,they are two different things and run for different purposes and as long as fiat currency and trading is possible banks will be functioning.It is just a misconception that bitcoin will make the banks disappear.  What Dimelord is talking about is a prediction that is so unlikely to happen in the future for me. I'm one of those people who thinks that bitcoin is made as an alternative payment system and it will also stay that way. Yes there are many of us who uses bitcoin but it can't be compared to the total number of people who uses banks. Moreover there are also people who uses bitcoin and banks at the same time. Well banks are providing a lot options already to any of their costumer feel happy and spend better their time, you can make and transfer money online, pay bills talk with manager, banks already provide a lot services, and bitcoin has no space to grow over them, since in the general we need banks to make our transactions into the exchanges.
Thats true and thats what bitcoin doesn't have that banks do right now. If you look at the other side there are also things that banks don't have and bitcoins does. These are you control your money, Low fees and volatility. |
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I think that Satoshi is visionary man, genius! He really started revolution because, for the first time in history, average or small man have chance to get rid from banks and financial institution and become free. Such vision only man can create, not A.I. After all, A.I. also someone have to create, isn't it? Computers can just follow our orders but only we, human beings, are capable to create something new, out of box  Did you just assume Nakamoto's gender? *triggered* I'm more inclined to believe it was a group of people, no single human comes up with this It can't be helped since information about satoshi is very limited. That's what I think too because Satoshi Nakamoto is probably just a Pen name, I mean why would the creator use his real name? Its Just that due to this, People assumed that it was a single man. The arguement about satoshi being a single man or a group is complicated enough. Adding if satoshi was an AI is more. |
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I am happy that Bitcoin сonfidently develops and more and more restaurants and shops accept BTC. But if some restaurant does not accept BTC directly, I can use my Bitcoin visa card, so technically I can pay with Bitcoin everywhere Bitcoin is one of the best options for the people who want to spend on food and clothes, but bitcoin is one of the volatile currency, so we have to save it for future growth instead of using it now. It's better to use fiat currency in restaurants and for clothes buying. people think by using bitcoin in real life it is like moving forward too fast , bitcoin as a technology in financial system cannot fully adopted yet by most common people , they feel so strange when have to use bitcoin in real life it feel complicated to make a payment in a place like restaurant , the bitcoin payment system is not established yet , we can expect it in the next 20 years maybe to see a mass adoption. If it were me, I wouldn't feel strange about it instead It would be an exciting experience as I always use my bitcoin online, never in a physical store. There is no problem in saving bitcoin for the future but there is also no in spending your bitcoin because 1). It circulates it and if you have spend it in a physical store it would be a big support. The other customers and as well as the employees will wonder what is bitcoin and they'll think that there are actually a lot of people using it. |
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The best thing to sell for an online shop that accepts bitcoins are digital goods that way you don't have to mess with customs or sending stuff you can automate most of the process and the only thing you need to care about is about keeping your bitcoins safe.
Yes, digital equipment are good for sale. but doing online business in btc is not an easy thing. you might see ups and downs in the price which you have to bear. try with small things first, just check on the online third party websites and understand which particular part of business you can start and which is very popular among the people. i think it is a good idea as well, reason is price of btc is lower now and some people will think of buying some goods by btc. you will be in the profit if you do so because it is a buy time for coins. If the changing price of bitcoin is a problem you could list your prices in dollars but accept bitcoin, or you could put a script in your website that updates the prices depending on the price of bitcoin at the time. If you are just starting your online shop then digital goods might be the best option for you, Just be sure that it is always legal and if possible lower than the original price. Imo a mixture of digital and physical goods will be great, You just have to focus on one category though since you are just starting. For physical goods, Electronics would be the best. Softwares/games for digital. If you buy wholesale you can probably sell them lower than original. |
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To be honest I don't beleive much to these guidlines, they are often not very helpful or not adjusted to your own situation and possibilities. And very often they,are to good to be true, so they are offering false advices that don't actualy work. So try to find your own best option through experience that will work the best for you.
That is very true and whats worse is when you actually followed it just to realize that what your doing is not worth it. So be careful OP when following guidelines. My guess on why most of them are not worth it is because most people won't easily share their unique way of earning (If there is) because it can increase competency. Most of the legit ways are just right there for free, If you want your own way of earning then you have to find it yourself. |
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We must demand that they accept bitcoin and we must persist that accepting bitcoin as payment can bring in more sales and new customers. We must keep persisting that they accept bitcoin. With enough people, they might consider it as one of their payment methods. Hopefully as bitcoin users increase, it will influence businesses.
well demand will let them think to accept it and more explanation and showing the advantage and benefits of using bitcoin for their business will also gather their interest, as business minded people always look for an advantage for their profits so if they will see that bitcoin will give them favor for sure they will embrace it in no time. yeah you should have a good and a little bit large bitcoin community around , so you can make the job to encourage local business to accept bitcoin easier , explain everything together and it will attract people to come , as they curious what happening there , and that time is the show time. It wil be great if local businesses accepts bitcoin but why not focus on the root of the problem on why they don't accept it? Imo it is because they have never heard of it/using it and not a single customer have mentioned it. I'm one of those people who believes that if bitcoin became popular, Its acceptance from various kinds of business will naturally come. What we should do now is to increase the satisfied bitcoin users. |
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If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points. I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10 BTC there is 3k lost, for 100 BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher. yeah another panic selling days happening righ now , for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago , he decide to take a break after got good profit on altcoin like eth and dash , but a little bit dropped when talking about bitcoin . Hopefully the price isn't going down too much but still it is for making panic, the profit on ETH and other altcoins has come after the bitcoin price crash which is the perfect situation for traders, even though the value of bitcoin earned is not as before but still it is good if these people hold these bitcoin for a longer time and not sell not because I don't see as a good/perfect time to sell bitcoins right now as I hope that the price will be better in upcoming weeks/months. I am confident that the price of bitcoin will stabilize in the coming days. Bitcoin is already strong enough. I do not understand why the price of bitcoin so strongly reacted to the trifling news. For me it was an unpleasant surprise. But I did not succumb to panic and kept my coins If you have observed carefully, You will not be shocked again if bitcoins price falls like what is happenng now. We all know that in the past few week, The price got higher and higher so there will come a situation inversely which is price getting lower and lower but you shouldn't worry and resorting to panic selling, As long as there is no big news going on the price shouldn't be lower than $900. |
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for now, it depends on what I invest. maybe it could be $ 50, or even more, or may be less than that. if I invest in altcoin project, and it was a success, maybe money will I get to be very large. but, if not, I will not get anything.
We don't know what will be the end result of our investment but if we start thinking negatively then we will never make profits and if you want to grow your money then you have to take a risk of investing your money and if everything goes fine then you can make good profits from it. A good profit can only be obtained if you invest a good amount of money. And 25 dollars can not bring a big income. But, if you invest them for many years - that is a chance to earn. If the interest received is added to the principal amount. Even if you invest that amount for many years you cannot expect that it will make you rich and even if it grows it will never take you to descent level and if you want to make higher profits then you also need to invest higher amount which can probably make you rich in future. That's not entirely true because he can gamble that money to make decent profits or even hit a jackpot. It's just a matter of investing it into the right game or Altcoins or whatever endeavor and so we shouldn't discourage the amount he can make something out of it. You cannot be serious by advising him to go for gambling to make a quick money and hitting a jackpot is not so easy and for that he needs to be super lucky which is not possible to expect most of the times and he will surely end up loosing all his money if he chooses gambling to do that and its always better to grow your money slowly and steadily instead of loosing at once in gambling so for him the best way would be to invest in potential altcoins. He didn't just mean gambling as in literally but he also included altcoins right? Though you're right that we shouldn't be risking our money playing game in gambling site. Investing/trading altcoins sounds more profitable. With a small capital, It is the best choice that you have. You can try other things when you have already earned a bigger capital than $25 but you need to be patient money don't just come in seconds. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
Yes, you will become rich if you start earning it that before. You can sell it now at a higher price. It is not easy to earn 1 bitcoin nowadays because of limited supply. If you own 0.5 btc, saved it then wait until the price goes up. Everyone wants to become rich, but how? It is hard to tell when to become rich. There's no shortcut to being successful in your career. You must work for it to achieve your goals. I'd earned bitcoins in some giveaways in this forum. I'll also earn in my signature campaign. Misuse of bitcoin is one reason of losing this. Before spending your money, just make it sure that it will have a good outcome. Whats the point of suggesting something that cannot be done anymore? People here always says that you can be rich or earn huge profits if you are one of the early adopters. It is true but are you sure that even if you've discovered bitcoin a long time ago, You will bought tons of it, Never sell (because the price literally goes up and down greatly) and never lose your private key/master seed?. You can never bring back time, Just earn bitcoin as much as you can save it for the future. Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I make around $50 monthly with my spar times. I do believe you can get rich through it as a trader and miner. The only thing you need to do is to develop your skills and knowledge on how to trade and mining and the sky will be your limits. Run away from ponzi and get rich quick scheme. Trading is for for all people but not mining, Here in my country many people in my local board are interested in mining but unforunately, The electricity rate here is very expensive so its certainly not a good idea. Maybe when you are in a country that has a low rates. |
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trading was unpredictable price changes can occur rapidly even in a matter of seconds as possible, so you must be prepared under any circumstances to not lose the moment if there is a change up or down price
That is why you should always check the market and be updated on the news evertime you get a vacant time, Imo It is not a hard thing to do, The real problem is what situation will you respond? Once you sell/ buy something, You can never undo it that is why you should not be in panic instead carefully asses the situation you are in. |
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