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Why does he need to move anywhere? I don't get it because if he is willing to diversofy his investmentnt portfolio investing on other assets on multiple countries is a bad idea because you will be taxed in multiple places. All earnings whether it is foreign or domestic will be both taxes by your local government authority and at the same time be taxed by another country. If I were you I'll only diversofy my portfolio with its operations on that country.
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Bitcoin has the capacity to improve the economy of a country because base on the current market value of Bitcoin at $3740 there will be much more money in the hand of Bitcoin holders in the society which will invariably increase their purchasing power. Although It could lead to inflation in an economy but if control by the government the benefits will at the end of the day outweigh it effects on the economy.
Actually inflation is not a bad thing and is an actual indicator of a growing economy. The counterpart of inflation is delfation which in short the country has a lesser demand for things therefore having a cheaper price. Also you are right that Bitcoin users will have a big purchasing power but will their population be enough to affect that country's economy as a whole? I don't think so we must look at it first if that certain percentage can influence matters in economical views. |
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We can consider it as one because other than fiat currency and credit cards this is one of the major movements that push our generation to obtain a new and unique way to pay. Bitcoin is a new currency who also has a value in its fiat counterpart, we are now seeing Bitcoin as some kind of currency from online shops accepting it to local stores making it a mode of payment I can say Bitcoin is a mode of payment.
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Bitcoin ATMs are not like regular babk atms in which you withdraw your money from your savings account. Bitcoin atms are like a currency exchange vending machine in which you convert your Bitcoin to Fiat or Vice Versa. In my own personal recommendation I don't use Bitcoin atms to convert my Bitcoin to Fiat because of their unfair exchange rate in which your Bitcoin's value will not be eqal to its Fiat Counterpart.
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? My plans to my bitcoin I will invest it to grow and I want to buy some altcoin or other currency to give me more profit. Investing in other Altcoins does not guarantee you earning more profit in the future. In investing it requires you to comcentrate on your plans, but before that you need to study what you are investing as well as it will give you an upper edge on your investments. Also I don't think investing in Bitcoin related companies will be a good idea if you are thinking about "HYIP" companies than it is not safe as the risk is greater than the return. |
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As for my reason why I am investing in Bitcoin, well I don't really put my money in Bitcoin but what Bitcoin I earn I hold it in my wallet and hope the price will grow. Also for spending as well , I will just use my Bitcoin as my last resort if I really don't have any fiat currency left. So there is no reason for me to spend my Bitcoin, it is like a great chance for me to save as many as I can because it is a perfect opportunity for people who are on a tight budget.
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i think it is hard to choose the both have risks for gambling it is faster but more risk and for invest it is hard to find somewhere to put your money without a scam risk so for me i think i will choose invest in gambling site it is a long investment but it is the best thing for what you ask as the say the house always win so it is better to join forces with the house then play on your own maybe you will lose some money but at the end you will win as i said it is a long investement
Gambling is probably not a safer way to win back your losses because most of the time you are proved to be unlucky . Investing money in gambling makes you to think about its darker side and you end up quitting gambling. Playing in casinos and making bets on your money is not a wise act. My suggestion is that you should not support it anyways and try to leave this as soon as possible. I don't think that it is a wise idea as well on recovering your losses on betting you always need to remember that the house always have the edge. And when it comes to investing in a casino the only way you can invest is by putting your Bitcoin in the site's bankroll which I am really not sure the exact rate of how much money you will earn. I would recommend for you too look other fields outside of gambling that may be suitable for you. |
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Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
Well in my own opinion if i have a lot of bitcoin inside my wallet, i would like to make and start my own business like a computer shop so i could earn more money, i can also invest my bitcoins so i could double my money that i have invested. And when i started to earn a big money again i could now save them for future purposes. Yeah, a steady job out of real life is still a better thing because we can not know what the future of bitcoin will be like, we need something stable for life and of course, a stable job is better. Save only a small part, then sell the rest to invest for the future, it will be a wise decision, we can not predict the future, so we should sell bitcoin at the highest price possible, this can make us regret but it will keep us safe in the future Well creating your own business is a great thing to do if you have extra money, but if you are depending on Bitcoin for your daily living you might as well don't think about it because it is too risky sacrificing your main income for a chance to earn a little from a start up business. A computer shop is not that bad but a lot of people have their own personal computers, some people even depend on their smartphones and don't need computers anymore. |
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Yes ofcourse given the fact that bitcoin is going high and high. For you to secure your investments you must check news and markets from time to time good news you were here coz majority of news on btc are all here in this forum.
I don't think that good or bad news these days are affecting Bitcoin that much. Look at what we had recently which is the August 1 scare, 2 weeks before August 1 we saw Bitcoin drop to 1800$ but it also rise up again even days before August 1 like nothing happened to it. News are just there but it always depends on the investor or trader at most. They are the ones who we really need to observe. |
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Since my Bitcoin income only comes from signature campaigns, I think I might start making my own blog site in which I'll profit from my traffic through Bitcoin Ad Networks I know competition is hard and it might make or break you (actually not domain names and hosting servers are cheaper and can be paid by Bitcoin) when it comes to earning anything. I will invest the Bitcoin earnings I have and try to earn more money. I just really hope that I will find that site worth visiting for.
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Well it all depends on what price you dump it, I mean Bitcoin is well known for recovering from deep price corrections and it acts fast the problem here is are you on the right price when it is time for some price action for Bitcoin? Buying at the bottom of the price correction has its benefits from margin of safety to maximizing the worth of your capital you can never go wrong dumping your money when price are low.
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Judging buy your guide and basing it on the price we have right now your technique requires the carelessness of the investor, I mean do you believe 6 months to 1 year from now Bitcoin will be value $6600? (I know this was created in May) I mean if you really want to profit from Bitcoin you must take advantage of its volatility and never ever try to forget the Bitcoins you are holding on you might even forget they keys you are in. Buying and Holding Bitcoin might be riskier than trading it.
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Highest I earned through Bitcoin is .024 Bitcoin per week and that is through my latest campaign signature I am wearing right now. Yes I know there are a lot of ways to earn Bitcoin but I still don't have any capital to buy and sell cryptocurrency, what I am doing right now is holding what Bitcoin I earn from the past until now as it is proven beneficial in the long run.
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I still don't want to agree because Bitcoin is still a vulnerable currency. Vulnerable in terms of price manipulation right now Butcoin is achieving new highs but the bad thing about it is in any time it can fall due to price correction. It is always a matter of profit taking not the system itself, we have managed to hold the price in August 1 but we will mever manage to hold the price when big holders started selling their position.
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Does not seem to have to wait until the end of the month to touch $4000, I think if this increase continues consistently it will only take another week to touch $4000.
Is now touching $32++
We are about to see it very soon and I'm expecting that it will take time but base on what I can see, it's getting faster than ever. I would love to see bitcoin reach $4,000 earlier at 20's of August. And when that happens then that's going to be another ATH for this and hope that all this year positive charts for bitcoin. Truly a very impressive result, recently it touches $3200 that all time high. I don't expected such of extra performance, but skyrocketing after segwit events, no bad impact the value of the digital currency then next target $4K cap. Me either just like what I said, I'm expecting that it be longer but it's truly fast. The increase was happening very fast and I'm pretty sure that we will see the price of bitcoin at a very high price. And not just $4,000, I think that the speculations published on news btc websites are helping too, some says that it can go high, $10,000. It’s already at $3300+, so why shouldn’t it hit $4000 anytime soon. This is really a dream coming true, and let’s just fold our arms and watch this little folk hit $4000 in few days and keep going up. Checked it recently and the price was at $3,450 too close to see bitcoin heading at $4,000 very soon. And once it reaches at that rate everyone will become rich because of bitcoin. Yes it is a dream come true to all of the people here and we don't have to work our lads too hard as we only need to be patient at all. Yes our dream is coming to true. Suppose if the price is hit $4000 on or before this October then within this year end we will see the Bitcoin price is $5000. If it happened, there is no doubt that price will hit $10 in 2 or 3 years. So hold your coins don't waste your coins to play in gambling. Whatever your price expectations are I am happy that I am still holding and accumulating Bitcoin, as this proves that even if your Bitcoin is idle in your wallet it will continue to grow in terms of price appreciation. At first it was hard not to convert Bitcoin to Fiat currency but after I saw how Bitcoin's price increased in a fast way I am confident that it will be fruitful at the end. Hoping to buy a good laptop at the end of the year. |
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I think it is not possible,if network dead then only bitcoin will die.bitcoin banned by government then only it will possible.
There are few government that banned bitcoin and bitcoin is still a live so i don't think that banning bitcoin will push its death because bitcoin is a strong cryptocurrency and nothing can stop bitcoin even if the internet will shutdown, bitcoin will still be there and will comeback as long as the internet goes online again. Actually the banning process is only a temporary action by a government. Look at the years before, all U.S. States before totally made Marijuana illegal to be use right now there are certain states in which smoking pot is totally legal. If this countries see the benefits of Bitcoin to their economy it will totally rescind the ban on Bitcoin. Look at the Russian Government from what I know they are overturning the ban on Bitcoin. |
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I think it is too late my friend. The best time to invest in Bitcoin was last 3 weeks ago when it was prices below 1800$ in which you could have surely take profit from it. Right now Bitcoin is aiming on to new highs in which is dangerous to ride on because at any moment big players will start taking profit and will lead to panic selling cause by other holders. And maybe that is the right time to buy Bitcoin.
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If you are a Filipino then the easiest and most convenient way to convert your Bitcoin to Philippine Peso is Coins.Ph they have an in-app exchange that has fair exchange rate. And I notice that their are several members here concerned about the security of the site, as far as I know Coins.Ph is a registered business in the Philippines and is required for you to verify your identity in order to cash in and cash out large amounts of money with them. They also have an office in which you can voice out your concern.
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So are you actually saying that it is better to play this Pool Game rather than find or look for a decent job? Judging by the prizes in your league I think it is not sufficient to make a person get out of a pool game or even enough for him to survive for a day. And I think at the end of the day the main focus of the app is for monetization in which it clearly says only members have a daily reward of .00020 BTC. Well if you really have good intentions with your game being develop you must focus on the reward and payment system if you really intend to make people pass the poverty line. |
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Gold, because gold has a stable price
I think you're wrong when you said gold has a stable price because no commodity ever had a stable price. However, you don't know what bitcoin is or what bitcoin is capable of. Have you ever read or hear about Erik Finann? to me i think that there is no doubt that gold has a very stable price because we can examine a very small change in the price of of gold even after a long time. wile the price of bitcoin is changing from time to time and has a very big fluctuation in its price. so those people who want to increase their assets they will always choose bitcoin instead of gold. I agree with wawan99 that gold has a stable price, to back up my argument if Gold has a stable price or not we have banks especially the government banks using gold as their federal reserve because not only it can fight inflation but it actually grows in a stable way. Gold has been here for a long time but it truly has its value grow overtime, now an ounce of gold is a lot cheaper than 1 Bitcoin but it does not mean Bitcoin is better than Gold. |
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