bitcoin is not popular in my country but still spreading its branches not only in my country but in the whole world i agree that now the spreading speed is quite slown down since the beggening at 2009
No one exactly knows what is the real picture in their country as its very hard to find the users who are already involved in using it as there is no way where we can track the number of users using bitcoins. |
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May be i will try my luck and performance with trading. Like i think doing day trading is quite profitable with such amount over 10btc+.
Exactly and with that amount you can expect some good profits in no time but make sure that you invest in multiple coins and don't rely only on single one or it can be an risky affair. |
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Sometimes I have the opportunity to use it paying bills, loading the cellphone or sending money to other people. But it is something I rarely do, and would like to have more alternatives for it.
Yes these are the things that i normally do as well,paying bills and doing mobile recharges is the most commong thing that i do with my earned amount of bitcoins.I also love gambling so i also use my bitcoins for online gambling as well. Yes these are the most common places where users are spending their coins at a moment when it comes to spending them digitally, but spending them offline needs to convert them to fiat first. |
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Ofcourse bitcoin should have a feature, too bad you didnt have a tl:dr;. But yes why would bitcoin die out.
Maybe if a different better faster cryptocurrency takes over but other than that i don't see any other reason.
We are not talking about its features but about the future of bitcoin, I think its an typo error, never mind we all know that bitcoin will be ruling crypto world in future and it will also hold much higher price in coming years. |
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Bitcoin is digital currency not asset as people actively using it for different things to perform just like fiat. Bitcoin is not asset where you invest and keep that in holding like gold. Bitcoin is exchanged with fiat and remittance market is almost occupied by Bitcoin and gambling industry where Bitcoin is used as alternative form of money.
Exactly, not a lot of people see it as an asset like gold or something where you invest and keep it to grow and then sell it but you cannot do anything else with that, but with bitcoin you can do anything you can do with ordinary money, so that is just another form of money but nothing else. Bitcoin can be used as a currency and also an investment and you can also use it for shopping or money transfers which is never possible with gold, its an pure investment with no multiple features unlike bitcoin. |
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I think inorder to make a living with Bitcoin, You need to earn from 0.01 to 0.03 already per day .
Is there a way to do this ?
I don't know .
I am looking for a system where I can set and it's Autopilot .
Like Mining, however, Mining doesn't work well for me .
Is there any suggestions ?
Because of difficulty of bitcoin increase mining will become doesn't worth and i think you can try to trading altcoins or trading bitcoin to fiat, although it needs long time until you can make bitcoins every days for 0.01-0.03 BTC from trading. To see profits in bitcoin either by holding or by trading you need to have great level of patience as you cannot expect that if you are into trading then you can double them in a single day. |
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of course,i wan to leave my job NOW! but still don have stable income for bitcoin now  lol ... if you have no stable income in btc then how can you say that you can leave . it is good to show your honest and trust on bitcoin but don't lie . always remain with the truthness of what you are doing and what you want . I think he just wants to leave his job not because of bitcoin. Maybe he is not happy with the current job he have. Many are like that, we do not enjoy our day jobs. And maybe he is young so he can risk leaving his job and throw his luck with bitcoin. if he was still single I think should be willing to take risks to get out of the work if already uncomfortable and also very small salary. even if you do not have a stable income of bitcoin, it does not matter. as long as you want to try, it will definitely get a good result. and this is true of my experience as well. Yes and if you are not satisfied with current job then its better not to waste time in it instead invest that time in earning bitcoins and who knows you may manage to earn higher in bitcoins. |
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I'm also not selling my coins right now. I don't see any huge increase coming and people in speculation aren't saying things like that, as well. I'm trying to maximize my profit out of the next price increase so I'm not spending any Bitcoins. I'm currently just using fiat money to buy basically everything that I need to carry on in life.
That's the right thing to do, as we cannot afford to spend them at a moment as price is not as per our expectations so its better to hold them for a while and spend when the right time comes. |
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There are many things you can do with bitcoin, i usually use my bitcoins for trading and gambling because i am a gambler and trader. I also have some bitcoin and hold it until the price of bitcoin increase.
yeah I think there are many things you can do using bitcoin, such as investing, shopping, or others, you can select it as you wish, but of course I want to choose to grow it If you want to grow them then you need to take help from trading, holding them is good but eventually it will not increase the number of coins in your wallet, but with trading you can expect that. Yes, trading and holding bitcoin will have very significant differences, but if you are looking for staying safe without risk, holding bitcoin is highly recommended. As it is completely risk free, you cannot expect immediate benefits out of it. Whereas trading bitcoin will give you more benefit on daily basis, still it will have many risk associated with it, but it will give you chances to develop your skills so that you could minimize risks when gaining experience. The only risk in holding them is that you may suffer loss if price falls in future, but that is unlikely to happen as we may witness some best and higher price in future. exact, holding can provide huge losses, prices can fall quickly in trading cryptocurrency. only half an hour may be less than half hour the price may fall to the lowest point. People prefer to hold their coins for long term but they ignore the fact that they might suffer losses if price falls in future as we cannot be sure that price will surely go higher in future. |
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Never thought of getting rich with bitcoins, but trying to collect as much as I can so may be in future if price reaches the moon then there is a possibility that I can get rich with it.
what do you do with bitcoin collect as much as possible and hope the price rises higher in the future it is your wish to become rich with bitcoin. why many people are still hesitant to become rich with bitcoin? bitcoin can make richer faster than your real job. I have several examples like my friend who had become rich with bitcoin. I really know he was initially really poor. but now he has a lot of money because bitcoin. therefore I think and has a rich plan with bitcoin. Yes we can get rich with it if we work on it in a smart way, and if you get some support from the luck then it will be like cherry on the cake, and its true that you can get rich with it in quick time. |
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No I would not accept anything in bitcoins from my salary because it does not help me or something.
If I would get this I had to transfer it all to another currency, and I think that is not smart.
And the fact is we cannot spend them directly at physical places and if have to spend them we need to convert them to fiat first so in that case it doesn't make any sense in accepting salary in bitcoins. We are already receiving bitcoin as salary. We are not getting paid in dollars in our signature campaigns pay. Even if you have a day job, we are already receiving part of our income in bitcoin. If my boss will offer to pay in bitcoin, I will accept it. I will just convert what I need in a month's budget. Then the rest I will hold. So even if the price jumps up and down short term, I will still have bitcoins that will profit in long term. How can you compare the earnings from signature campaign to your full time job's salary, signature campaign doesn't take care of our living and its just an extra income for us and not the primary one. |
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I will put all that money in altcoin trading as that is the best place to invest from where it will be easy to make small but regular profits which will keep on adding value to my coins.
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There's no legit place. Those sites that tell you they are legit are the ones that turns into scam easily. You can instead invest on new altcoins. If the project is successful, then you'll surely earn some money. To do this, you could contact the dev and ask how do they solicit the money or you could also just buy some of their coins when it's on an exchange site and then wait for the price to rise.
Exactly that is the safe way to invest bitcoins I guess, and its surely safer then investing it any ponzi sites where you will surely loose your money in long run. |
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I think that's more on investment now due to lack of either physical or better alternatives for online stores that accept bitcoin. But here in our country we are already using bitcoin as currency sometimes, when paying bills and mobile load recharge, so it is really usefull for us.
even if you can pay in stores with bitcoin i don't think people will start spending their coins. they are probably too worried that when they spend their coins, that the price goes up afterwards, and thus they will miss out on profits. that's how people look at spending their coins. the intention to use it as a currency gets overpowered by the investment aspect. Maybe some but not all use bitcoin as an investment. Some of my friends readily spend their bitcoin once they receive it. But they also leave some for altcoin trading. They treat bitcoin as supplement for their income. I on the other prefer to save and hold my bitcoin for the future. But there are time I also need to spend my bitcoin for emergency purposes. i guess it all depends on the intention if he wants and believe that bitcoin can give huge profit in the future they would certainly see bitcoin as an investment. Yes and I think most of the user have a strong belief that it can be the best investment for future and that is the reason they are putting more and more money into it. |
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Hash ocean mining scam is number one, Bitcoin Doubling, even some faucet that fail to pay after performing the required task
I never trust those website Scheme Ponzi website are not real one where they offering cloud mining services and after a long run they going to scam people and also some faucet are offering high of earning in satoshi are scammed too lots of people are creating crap site to earn money. Yeah and this sites have become a real headache for its users as it creates bad image of bitcoin in the minds of people who wants to enter the world of bitcoins. Yes if the weebsite are turn into scam after you deposited a minute ago and you realize the schem ponzi scambug website are not paying investors at all thats a really messed you've done in your life traing is much more appropriate for me you can resell the coins if ever. Its better not to get greedy and be satisfied with what we are earning at a moment as those sites will surely scam you and disappear with your money in long run. Being greedy is the main reason why we keep falling on those ponzi hyip sites out there because we are still believing on easy profits or easy money. You are right we must be contented on what we are earning as of now and dont ask for more, if you do other things or works then it might possible to increase your income , just stay way from those easy money sites out there. Exactly and we need to keep in our minds that all that glitters is not gold, if you come across through some attractive and unrealistic numbers then its better to stay away from them. i think you are right but how can we changing the angle of view of that, the people in the world are much more see gold as a safe investment, but not see bitcoin have it too. He is not saying about investing in gold but he is saying that if you see any investment related to bitcoins which doesn't sounds realistic should be avoided. |
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I dont have a paypal account. I dont even want to have it in future because i prefer bitcoin payment as it is much easier and affordable than paypal.
Well bitcoin is much better than paypal but for sure most of us especially to those people who likes to purchase online does have paypal because bitcoin is isnt popular back in previous years. Paypal is famous because its the way to purchase online and other services but when bitcoin was invented and adopted then people switched for sure because of less transaction fee and the time of transfer and its accesibility. That's true but Paypal exist since long time and its more popular among the people it is accepted by almost all sites for online shopping and bitcoin is not that popular at a moment. |
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Yes in my opinion as long as the prices are under 700 for one coin than I'd consider it an always win investment.
If it's a really good investment that we can't predict and we'll have to wait and see where bitcoin is going next on it's journey to value.
Price will rise in future and I think this is affordable price to make an investment in it, and everyone is speculating that it will touch $1k by the end of the year and if it happens then it will bring good profits for you. |
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I would recommend you to start with sig campaign, as the rest of other methods will certainly involve great level of risk. So, for a new comers, joining a campaign may be the best to start off.
I thought to try this method you must have an account that has a high rank may be at least a full member. if you already have an account with that rank. You can get some satoshi easily. but I think earnings will still be limited. so it would be advisable you have a method other than this Yes its better to go with multiple ways to earn bitcoins as signature campaign will not give you enough earnings as it will be limited and it won't be too high, but if you have skills then you can sell your services and can earn descent money from it. |
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Need to think twice before investing my coins anywhere, as there are many scammers around that makes me think that whether I should go for it or not, and I have taken risk to invest them on Poloniex, hoping that every thing will go fine.
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I don't really have a plan to get rich with bitcoin I just try to improvise on the way and If i see any good oppurtunities I try to claim them as good as I can.
There's no set rules to get rich, I think you'll just have to be at the right place and time for it to start the chain of events.
I think we should concentrate on collecting bitcoins as much as we can instead of thinking of getting rich in future and if you have managed to have descent coins then bitcoin itself will take best care of you in future. |
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