This is an international currency, from the very beginning. People from all over the world use bitcoin freely. And no government has control over it.
Agreed. I have been using it internationally since 2011. Much easier than paying to convert fiat then paying to convert it back. the importance and the value of the bitcoin is increasing gradually and it was an international currency since the start we can use it wherever we want it has the same value and the same price in almost every country the progress of the bitcoin is going high a lot of people are still not believing in bitcoin but with time they will accept it a lot of countries are using bitcoin as legal currency and for school fee payment as well. |
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So far i have saved some bitcoin for me to start building my own house before this year ends ,cause thats the reason why im here, i want to have a house and to be called it as my own house.
I always believe in making money through bitcoin because the money of the bitcoin is safe and secure and we can earn good bitcoin through it I did not save any bitcoin yet but I have planned for it I am planning to save more than 100 bitcoins I am not so sure that I will do it or not but I am very determined about it but the price of the bitcoin is increasing and I am worry about it I need to buy as soon as possible |
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Young people should indeed go all in on bitcoin, they have the time and energy level that we dont have, they can just buy and store and go off and back when the right time come.
yeah the knowledge about the modern technologies is more with the young generation than with the old people and if they want to earn they can do anything using the new technologies if they have money to invest or they want to write posts and make money they can do it easily so there is nothing wrong in using the bitcoin at this modern age they have the opportunities that old people where not having so young people can make good money through bitcoin if they want. |
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It is better to invest than to save, because when you invest your money will grow even if you are not doing anything as compared to saving, your money is just stagnant and the interest rate is very low if you just put it in the bank. Just think of it that way. There is a risk in investing, but for me there is more opportunity to earn in investing. Invest a portion then save the rest if you want be on the safe side.
Both are never, you cannot save if you do not have the will to use your savings into something that will help you achieve financial success. We all wan to have financial freedom where we can do anything we want that requires money but's it's not possible if we will not gonna take some risk to invest. to me i think if a person have a lot of money then he can go with both. it is in fact depending on the amount of money you have. to me my personal view is that trading alcoin will be the best option if a person want to make good money, in fact trading is the best option for making more money. Altcoin or Bitcoin are good, depending the trend on market when you trading. Example: The market Bitcoin in today and in past days have many volatility, it good for scalping trade and earning good profit in short time. Yes, sharp fluctuations for trade are good. But sometimes it can lead to big money losses. Therefore, one never needs to invest all of its money in it. The best part is investing in long-term securities, part in trading, and some simply storing yes it depends on the sharpness of the mind how you think and what you find more easy usually its better to invest your money rather than saving it if you want your money to earn more money for you then you need to invest your money, investing is a good idea because it is an easy way to earn money but in saving your money can never get you earn profit and in investment your money will earn a high valuable profit for you. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Do not ever panic in the business of buying and selling, because it will bring a bad impact that we will certainly lose if we do panic in selling because of the market price down, remember all this just talking about time alone, all back recovered just stay waiting time Only If its a another altcoin that doesn't have that large following yet, definitely it will have a big effect. For bitcoin though, it would have to be a major dump since a lot of people are already invested in it and these people are confident about btc so panic selling pretty much is not that likely for many btc holders. We can say that people are getting smarter now, although there are people who are panicking whenever there was a dump but they had learn along the way and instead of selling they are buying. Let's understand that if we keep getting panic only the whales will benefit from our money. Yes. that is the lessons that I'm getting here. Do not panic but instead keep calm and continue to buy bitcoin during price dips. Because there are people behind who wants to shake the hands of the weak to sell their bitcoin so that they can buy more during the price dip. I will always remember this and keep it as a guide whenever I see price dips happening. Do not panic and not sell. I am really shocked to see how people are being so impatient why don’t they understand that that it will take some time to increase the price panic selling of the bitcoin is the worst mistake regarding bitcoin lot of people dump their money by selling bitcoin as the price goes down they don’t know that they are losing their money through this I think they should wait for it instead of selling. |
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Bitcoin for me is a hobby where you can earn.
I enjoy participating on the forums and sharing my thoughts and I also earn, which is a win-win situation for me.
bitcoin is a very important currency and using it as a hobby is good but I think it’s time to be serious but the price of the bitcoin is not a joke now it is increasing on high level it has become the most worthy and the precious currency of the world being a bitcoin is a chance to earn good money and make your future secured so good to have bitcoin so for me bitcoin is the most special thing in my life bitcoin is the aim of my life. |
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BTC are unstoppable due to popularity and investment.
BTC are coming moor popular in up coming age . This digital currency may work and hold all over the word as a digital trad
yes the popularity of the bitcoin is increasing very rapidly if we look at the graph of the bitcoin from the time when it was started till now we will see that how the bitcoin users and the bitcoin price has increased nothing can stop the development and the journey of the bitcoin as we can see it is still increasing gradually in a few years we will be able to see bitcoin will be the most wanted currency of the world so the journey of the bitcoin is unstoppable |
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I believe in the statement that money is the root of all evil. With that, Bitcoin being conaidered now as a digital currency and therefore as money, is also a root for crime. In my oppinion, Bitcoin is funding crimes that is related to hacking in order to steal more Bitcoins. The idea is that they look unto crimes that is something that they already know and have an idea on which is Bitcoin. And therefore, Bitcoin it is. Another possible crime that they are funding about Bitcoin aside from the hacking is the mining. They may be behind on kind of minning hack that is illegal.
yes you are right bitcoin can spread good and bad both equally it’s all up to the user we cannot blame bitcoin for this evil it can be done through anything and from any currency bitcoin is not being involved in the crime of the criminal by itself it depends on how people are using it but if it is happening only in bitcoin then it can be controlled through tracing the use and the code of that transaction it is not so difficult now. |
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The bitcoin income tax may never be heard again. But some wallets use fees to pay their taxes to the government. Often we get a deposit or transaction fee deduction for bitcoin. May be used bitcoin wallet to pay taxes. I think it's true bitcoin will eliminate income tax but can not eliminate on for bitcoin wallet ..
as we can see the acceptance of the bitcoin is increasing very fast the rate of the people who use bitcoin is increasing so it is no longer far that government will accept bitcoin but killing income tax is still so far because government will find some way to take tax from the bitcoin users through their rules but the income tax is not so much larger than the profit so it will be affordable |
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Because they invest it and waiting for the price to get higher and higher before selling it, well some peple i've seen that they hold because they are afraid that the time might come that the price of bitcoin will become higher and higher, some of them see bitcoin as a virtual collection. but generally, people hold bitcoin because they investing it.
People keep on saying its an investment, but I think its more than just investing. Setting aside the fact that they wanted the price to get higher, they also wanted to maintain a large number of Bitcoin, it makes sense though because you can't really use all of the bitcoin that you've earned. I think their main reason is to save their Bitcoin not just because the price will be higher or the price is still not that high. But because they can't use all of it in just one lay. yes people are holding their bitcoin because they are still waiting for the price of the bitcoin to increase more than the price of the day, as they are taking it as an investment and waiting for a high pump and I think it is not bad to save something for your coming days if they will sell their bitcoins in a small price they can suffer from loss but holding bitcoin can make then more than they spent on their bitcoins |
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Bitcoin future is brighter than one other currency because other currencies already have millions of users and will be hard for them get new users because you can't use foreign currency in your country. And they are all the same, so no innovation
no doubt the bitcoin users are increasing gradually as the price of the bitcoin is going high the bitcoin users are increasing because people wants to enlarge the money and they want a secure future so it is possible by staying in bitcoin and saving your bitcoin for long tern it is the positive point of the bitcoin no currency can make you earn money so fast as bitcoin can so! It is the reason why bitcoin is better than other currencies. |
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Bitcoin provided an opportunity for many unemployed people to earn money using the Internet. It is also used by those who have the main job as part-time work.
that is my most favorite thing about bitcoin. You can take it as main job or take it as part time job, in both cases bitcoin works well and always tend to give you pretty much profit. The opportunities are limitless, you can earn everywhere you I and everywhere you go your bitcoin business is on you by side in your laptop or phone, and it is online always. |
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Usually investors get panic when ever price get down if we avoid panic and analyze we prevent our self from loses and we can get more benefit.
yes you are right, this “panic” stuff makes your ideas towards losing. If you tackle this panic condition then you will get huge profit, If the prices get down do not be afraid just relax and wait, your money aren’t going anywhere, Bitcoin workers work in a way that every customer get benefit so sometimes prices get down for buyers and sometimes prices get to high for sellers but it is your duty to predict your time. |
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To me it is very possible turn $10000 to one million through crytocurrency trading. I think you should update us frequently and also want to prepare your mind that crytocurrency trading also has it own level of risk too.
yes it was also quit possible for me to turn small amount of money into huge amount. And all this happen by bitcoin. Now a question comes in your mind how it is possible then let me tell you with an example suppose have $10000 and you invest in bitcoins, at the time you buy bitcoin the price was %2800 per bitcoin and then 6 month later the price will reached at $4000 per bitcoin now imagine profit by yourself. |
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I used to trade crypto back in 2014 but left it since. Heard bitcoin talk on the radio few days ago so decided to get back into the game. Read up about recent tradings and notice that polo seems to be the IT trading site now with a very high volume. So is polo the best trading site?
I have used several different trading sites and the ones that are currently active that I have used are mostly pretty good depending on what is more important to you. I think Yobit offers more altcoins that a lot of them, but the trading platform for me is not very user friendly. Poloniex to me is the one I like the most right now because it is easy to use and has good volume. It is true that there is a lot of sites that can promise a good trading for a high volume and stock of coin. Actually you could try it all but the best way to earn on trading is to work hard and to monitor. Because the success of your trading is much depends on your management rather than through the trading site itself. It is much better to set goals and to always manage your trading for you to earn and to have profit. Stick to the basic form of trading that suites for a good profit. this is what I always talking about. Business is not depend on its platform but it is depend on your management and your strategies. Trading in bitcoin is also like business and it does not depend on any site as you said it depend on strategies. Let me tell you few tips for making batter strategies for bitcoin business. 1:-make proper investment record. 2:-read the graph of bitcoin price carefully so that you can predict the future price. 3:-set your strategic price when it comes just sell your coins and make plan for your next investment. |
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I think it is already an international currency. The only problem is that not everyone knows it. Bitcoin can become a better currency because of its flexibility. Everyone needs to be educated about bitcoin.
agreed, bitcoin is international currency and the solution of the problem that you mention is here In this forum. Here lot of people came and learn about bitcoin and most of them change their minds and start working on bitcoin and many of them get knowledge and tanfser this to another this chain helps everyone to know about bitcoin. |
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It depends on whether you like your job/ you can find jobs easily/ it is worth your time. Because if it's not, then you're just taking your job for granted. You can still pay attention to bitcoin or other cryptocurrencies but if you really like/love your job (I presume you don't because you posted this) then don't abandon it, find reasons or things to be more productive at work and have bitcoin by your side.
yeah this make little sense. If your job is kind of more efficient like you can earn in thousands then it would be better to make bitcoin as you part time job. If you have job and also you work on bitcoin then it is much better because in this way you can earn from 2 dimensions and this make you pretty much rich. Because bitcoin business does not need your complete attention you just invest and wait for dream price. |
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What's your opinion about bcn..?? should I hold or sell?  I sold it and the rise of the price was a very good surprise. Nobody knows the price raised so high. Thank you to those who bought mine :-). You were quite lucky to sell off coins when the prices were touching the sky. A good trader should always keep an eye over the prices of the bitcoins in order to get maximum benefit from the chance. I believe that everyone should follow a simple strategy of buying low and selling high. |
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When you are gambling, you may encounter both of this situation, seeking for fun and seeking for profit.
As you can see, every start of the game was fun, everyone is enjoying the flow of the game. But as the time passes by and you realized that you are losing, the only thing that comes to mind is to focus on the game. Little by little, the fun will vanish eventually because the players are too serious to take back their losses or to take all his opponents funds.
I don’t think so all enter gambling just for fun. Majority come with mindset of winning all the games they play and make maximum profit out of the game. Only a small ratio of gamblers does this for fun who gambles off and on. Those who play it on the regular basis are doing for money. |
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Cashless society means, everything is done electronically. For now its not possible, but may be in the future.
Its risky knowing that there are lots of hackers around you. Snatchers and robbers will decrease but online hackers may increase.
Yep! Cashless society will absolutely promote hacking. I believe that electronic money should be used side by side with paper money. That would make a better society to live in. Cashless society is not possible practically. Many people are going to oppose this idea because of too many risks. |
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