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Spending them at a moment doesn't make any sense to me so I would definitely save them to secure my future as price will be much higher in future so saving them now and spending them at the right time will serve the purpose of having bitcoins.
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I don't think that scenario would be ever possible in future that internet gets totally disappeared as even the services internet is improving day by day and in future we will find much advanced internet with high speed so I don't think that it can ever go totally dead.
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
bitcoin isn't just income source for more people.. for me bitcoin can bring the funny, give me knowledge about cryptocurrency , and fill my free time for usefully  i am very love and interest about bitcoin Yeah bitcoin is allowing to gain knowledge of the crypto world and its also helping us to earn some good extra money from it so bitcoin is a bonus for me the more I work on it the more I can get it in my wallet. |
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Delay in confirmation time is the biggest disadvantage of bitcoin at a moment as sometimes it takes too long even for transaction to get confirmed even after adding higher fees and its really frustrating to wait when you are in need of money instantly.
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This thread was start last year november but i could say that there is a good progress in bitcoin since last year and i think it would be more popular and havibg a great/stronger value for next 19 years!
We just continue using this digital currency and promote to those people who do not know about bitcoin it may helps in fast progress of bitcoin.
Yes, and i dont think that this thread is useless. It is a very long one, so there are many answers to browse. I really like such a situation, because I can look at the insights of massive amount of people plus also, how the perspective for bitcoin holders change after years and months. I think that bitcoin lately is getting bigger even faster and faster, many new people are joining the cryptocurrency community and there are even more money flowing into this markets. It is really hard to say what is going to happen in 20 years, but we will have bitcoin supremacy or a total failure. Yeah if bitcoin survives that long then it will surely be on the top but we cannot be sure that it will survive that long and may be get disappeared or get replaced by some other new and innovative currency in near future. |
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Agree to all who vote in trading , For me trading is the only legit ways to earn bitcoin without getting scam but we know some trading scam site but trading is a legit way in earning unlike investing in hyip or gambling.
If you want to get into trading and looking for good and genuine trading site then I would recommend you to go for Poloniex as it is the best and trusted place to trade altcoins as I am using it since long time and never faced any issue with security of my coins. |
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If you have 0.5 bitcoin you can make your money in investment in coinexpro because in coinexpro you just need to invest your bitcoin and it will be automatically increase and grow depending on the amount of money or bitcoin that you have invested. This will really help you improve and make your bitcoin productive in a very wise way.
Is it a genuine place to invest bitcoins? And since how long that site is running? As I don't have faith in any of those sites as they will surely not pay you in long run and once their quota of funds is achieved they will simply disappear with people's money. Yeah exactly, Im glad that at least you do not agree with his proposal. The post of Obito is actually some kind of an advertisment, I really dont like such a people who are recommending only some specified sites. Also, this is not a real advice because it gives only one possibility- uisng his "coinexpro" where you dont really have to do anything else, than just giving money to them: a passive income. We already know that a big part of sites like that are in most cases dissapearing with the money of their customers but we cannot do a lot about it. The only way we can fight with it, is to warn other users about such a sites, and make lists of the bitcoin related shady operations. Yeah its good to guide people about those websites and should ask them to stay away from those sites but there will be certain bunch of people who will never listen to you and invest their money in those sites hoping to double it quick and will end up loosing everything. |
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I will try tranding but do not enter that small amount just for the first time if it already understands how it works maybe with a half trade or use some btc you want it.
Investment is also good but looking trustworthy.
If it is your first time even you have a knowledge in trading it is not enough for you to make some big investments .You must need first to try what is the real trading .Many of the traders lose just because they think they have know everything on trade but its not as easy as you think there are unexpected things pump and dump situation that your emotions may brought you to lose of money. Best way to learn trading is by investing small capital in it at initial stage and take the practical experience of how it works so even if you make a wrong move it won't affect much of your capital and it will also give you a learning experience which can improve your trading skills in future. |
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I think bitcoin is one of the biggest investment for 2017 and exactly for a long term.
Because it is a good option due to the value always increase over years. So, definitely it is one of the biggest investement. I always hold a part of my weekly income and save it in my wallet because i believe that one day, I will suprised with bitcoin price.
Yes investing money in bitcoins at a moment seems to be the best choice as it has ability to give us huge profits in quick time which may not be possible with any other form of investments and price is rising at a moment and same we will be seeing in coming months too. |
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I bought bitcoin in the mid of last year. I am in the habit of setting a time frame whenever I invest in something. This saves me from panic selling. I planned to sell 40% of my bitcoin after two years. I feel I would have made decent profit till then. Occasionally I invest in altcoins too for the short period like 15-25 days.
That is the good strategy to follow in altcoins as we cannot hold them for a long term as we are not sure what is the future of that particular altcoin and how long it will survive so sell them when you see increase in the price to grab some quick profits. |
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I think we can tell kids about Bitcoin so that they will not be ignorant when someone talk about it. We should tell them about bitcoin so that they will knew it is a currency and won't take it for granted. But the knowledge should stop there since Bitcoin is a complicated stuff that even mature people are having a hard time comprehending the whole of it.
Lol yeah Even elderly people will be a little confused to know and understand bitcoin. I do not think it's appropriate to give the science of bitcoin to small children. Of course they will not understand it Yeah they will really find it complicated and will surely get confused and won't be interested in knowing bitcoins at that early age so I think we should not waste our time in explaining to kids and wait for the right time and introduce them to bitcoins when they become mature enough. |
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If you want a steady income go find some work that will give you salary. Expecting steady income without a risk in investment is too good to be true, every investment has it's risk. If this is too easy for everybody, everyone will be rich by now.
Why would you have to find for a job if you want to have a passive income. Why dont you start up a small business, you can make a loan to do it, then make a strategy to make it grow. Remember if you're just a worker you cant be rich, and there is no permanent job. You just make your boss' rich not yours. I only just answered the topic or question here, business is good though but it is not so steady compare to a job that will give you steady income. Certainly. There is no business that has consistent profit since everything depends on the market. However, if you are an employee, you will get paid with fix rate no matter how does the market is going through. Agreed, no business provides a consistent earning, only the day job gives an stable earning. Now with trading it's good to get a sustained earning at present because price variation is something happening with certain time interval. yes that is a fact that from any business we cannot expect steady income only from signature campaign we can expect a steady income. Signature campaign will give you steady income on temporary basis as no campaign will survive for long time and there will be a time when campaign will stop paying so in that case you will be left with no income and you cannot depend only on signature campaign to earn bitcoins. |
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Yeah, I would invest in bitcoin at any time. It will pay off
The earlier you are going to invest in bitcoin the more that it will be pay off. But still don't you forget to keep on saving because that will give you a good future although by just saving your bitcoin it's already a good way to invest too.  When we say saving in Bitcoin, its automatically meant investment of fiat money in Bitcoin and is considered as investment. So I am little confuse what you trying to bring out with difference in Bitcoin investment and saving! Well, investment is always better than saving if taken into consideration with inflation rate of the country because savings will never able to grow your money due to higher inflation rates. But if you save your money in bitcoin then it can take care of inflation in future and saving money in bitcoin is also an investing money in bitcoins so if you put your money into bitcoins then it will take care of both saving and investment whose value will appreciate over a period of time. Saving of bitcoin is good also as investment we all know about it but there's no gain with the quantity of bitcoin that you are saving. But the good thing about it is the price of it is moving, so whenever the demand of bitcoin is high, the price is affected and is going to give you some profit in the end depending on how bitcoins you are holding. Its better not to keep bitcoins idle in wallet without doing anything to it and try to use them in trading where you can grow your bitcoins and increase the level of coins in your wallet as more amount of bitcoins will give you more profits in future when price will go higher. |
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I invested about BTC0.02 in alt coin last month when they have ico running. Now the coin already in some exchange and if i sell it now i can get about BTC0.08. You can get a lot of money if you are lucky to find the right one to invest.
although it is a very little amount to invest and expect a good profit. but still if you chose a good potential low price alt coin so from there you still have chance to make good amount of money by investing such a low amount of money. it is not much but it does make a difference if you have the patience investing the $25 into some altcoins is probably the best choice and less risker and have some hope one day that altcoin sky rockets to the moon like bitcoin did. That's correct but we cannot afford to hold any altcoin for a very long time as we never know when it will disappear in future so the best way to play with altcoins is to sell them when its giving you good amount of profits instead of holding it too long. |
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The panic in the sale will bring harm, so try to stay relaxed in the face of any severe situation, because it will return to normal just take time to recover as before
It will bring harm to them because they are the one that decided to sell their bitcoins. Because they think that their profit is already enough but they are the ones that are giving some doubts about bitcoin's pump. Instead of making bitcoin pump, when they are doing panic selling they are not helping anymore. But if the price of bitcoins exceeds their entry price and if its giving them huge profits then I don't think its smart to hold their coins at that stage and instead they should be sold to get huge profits from it as if you will never sell your coins then you will never make profits from it. Profit is profit and there are traders that are doing it as long as they had their expected price. Just like me, I'm doing this sometimes but for only the small portion of my bitcoins. It's suggested that when you have the right profit already don't have doubts on selling it but the wrong thing is that most of us are doing panic selling when we are seeing the price to fall. The reason behind panic selling is that people lack patience and they get panic when they see price going down and start selling their coins at cheaper price and I think that is the time when we should hold our coins tight and wait for the price to bounce back again but generally people doesn't follow this simple rule. Yes patience is being gone to those holders specifically long time holders. But for traders, as long as they are having enough profit, they are not doubting their move for selling their coins. I just experienced the disadvantage of being a panic seller. Because you surely will regret this move upon seeing the price to pump. After knowing bitcoins since long time we cannot afford to repeat the same mistake again and again by selling our coins at lower price when price starts falling even I have made the same mistake in past when I was new to bitcoins but now I will prefer to hold them even if price dumps. |
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For me the best source of bitcoins is from signature campaign and trading and I also keep a close watch on different ICOs and invest in it as if the price pumps after the coin is launched then it can give me huge profits in quick time.
I don't have faith in icos as most of them turn out to be scam and only devs makes huge money from it so instead I prefer to invest in top 10 atlcoins listed on coinmarketcap as it will be safe to invest in those coins and if you have patience then you can make good profits from it in long run. |
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We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.
Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
I don't know actually, what could it be after 20 years from now. But, I think more merchants will rise up and accept bitcoin while other business company can be that they adopt the system of bitcoin. Or it maybe by that bitcoin is the world currency in the entire world. who knows that might gonna be happen by that year. That is a possibility that if bitcoin survives that long then it will be widely used and accepted but should also not ignore the fact that it can go in opposite direction too and it may disappear in that long span of time and may be get replace with some other technology in future. |
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I usually buy games in exchange for bitcoin, so for me, btc is the nice option because you don't need any investment.
I use bitcoin on each of my game, so it's very important for bitcoin needs a whole day to me and I recommend you to use the bitcoin because the price of the currency value above me, apalaagi if we get a big fortune. is very happy and you make me. .. so the bitcoin choice doesn't need another investment My daily use of bitcoin is buying items in my game. But mostly i use my bitcoin to provide myself a prepaid load so i can use bitcoin everyday even i am at school because there are no internet connection there, so i use my mobile data to access in bitcoin. If you use a prepaid debit card to use your bitcoin that opens the possibility of using bitcoin almost anywhere but it has the disadvantage of paying additional fees and basically denying everything bitcoin stands for, so it is a difficult choice for me. The best way to spend bitcoins is by selling them and converting it to fiat currency when the price is higher as bitcoin debit card involves transaction fees and that will make it unprofitable to use it for shopping purpose and even not all places accepts bitcoin debit card at a moment. I don't think that there is any transaction fees involved if you use them for shopping at offline places and there is only charge if you withdraw money from ATM as it will entertain the charge of 3.5% forex conversion fees which is too high but using for shopping can be useful and handy. |
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There are many ways to earn bitcoins some of them safe and rest are risky methods to earn bitcoins and it will depend on a person which way he chooses to earn bitcoins as if he can afford to take risk and wants to earn bitcoins in quick way then he can go for gambling but the risk of loosing is even higher in gambling and if he wants to take calculative risk then trading is the best choice to earn bitcoins.
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well the risk depends on the amount you put in like in anything, my estimation is that within 1 month it on average moves around 10%
You are right, All of risk depend on the amount you put it. By the way, I think investment in bitcoin is not too risky. because, In a long term, bitcoin is a profitable investment. So we don't worry how much we invest in bitcoin. Yeah bitcoin is growing like an crazy at a moment and in future when it will find many more investors it will take its price even to higher level so I don't think there is any risk of investing in bitcoins at a moment as in future it will give us some best profits on our investments. |
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