I am using this for some time and never have any by accidentally but once I send on wrong address which never came back because this address is never used by any one after this transaction
Same here I never received yet but have sent once to wrong address when I was a newbie, amount was not too high but still it was an very disappointing. |
|
|
|
when i use to have enough bitcoin is i used to spend them on mostly gambling sites, exchanging them to fiat money and use to trade with some coins. but now at the moment i dont have any coin with which i can enjoy all the above mentioned things. life looks boring to me now
If you would not have spent them on gambling in past then I am sure you must be holding some coins in your wallet at this particular time, there are better places to spend them. |
|
|
|
Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. Pump will never allow you to earn bitcoin cheaply as price will be higher at that time but price will fall when you experience a major dump and that is the right time to buy bitcoins. |
|
|
|
reaching $800 immediately is impossible ya but it will take 1 or 2 years, the maximum we can see raise in 2016 is $550 to $600 range which will be healthy also. If their is any sudden very good moment comes in Bitcoin then we can see sudden raise it may go beyond $600
What makes you believe this to be true considering the increase that occurred in October and the fact that it has been holding rather steady at around $400 since then reaching $800 is a possibility. But we can also say that it dropping to $100 is also a possibility seeing as the market, like gambling tends to do what it wants when it wants  Off course the price will hit the 800 dollar each at the end of 2016 i dont think he will be higher than 800. But we will never know what will happen to the coin that is always a surprise you know. See the difference, we were expecting this price at this stage and now we are saying that it will be achieved by the end of the year, really don't know what's gonna happen next. |
|
|
|
I do not spend them actively right now and I'm also not planning this to be honest because I think that spending them now is not good.
Why its not good because there is gonna be a profitable halving next month.
I think because halving coming doesn't mean you have to stop to do spending. I think not a problem to spending I also still shopping although I also have plans to sell bitcoin when halving. but with a note that you should not spend lavishly then spending will not harm you You have the point, but the thing is before spending you need to take the opportunity by waiting the halving. But it is still up to you guys if you want to continue spending your bitcoins. But I want to suggest just wait for the halving and after getting some profit then go spend actively again. Everyone loves to spend their bitcoins that is why we are earning it, but at this stage its not affordable to spend, we need sit quite for some more days, and spend once the halving is done. Of course you need to consider things that are important for spending your money. But today is really a good way of getting profit by just simply stopping your spending actively of your bitcoins. Just wait for almost 2 weeks for the halving and the price will surely increase. Yeah better not to spend now and wait for the halving, as majority of community feels that price will touch at $1k at halving which will be the best time to sell. I also think that it is not the best idea to spend Bitcoins at the moment because the halving can come soon and this is the time to make money. If you want to spend coins that is your choice but I would not recommend it to be honest. If you are a spender you cannot help but spend your bitcoins because you can be easily attracted to buy things, only discipline people who knows and has the ability to wait can benefit in investment, this year is a good year to invest but it still depends on the willingness of a person. Those who cant resist to spend thier bitcoins are the ones who doenst value money.. Investing is not recommeded,some of them turned into scam after months. Hashoceean who turned to scam just today. Investing online is the really worst thing to risk your coins as we cannot find any genuine site on which we can trust and invest our money as in long run every site will turned out to be scam. |
|
|
|
For me personally gold would be much more safer option, it's not something that can disappear, it will always have and keep value rather than any other currency that we now have
However Bitcoin will have a much better return rate. You could make more profits because the price is not stable and that is fantastic if you're a trader
Yeah the best thing I love about bitcoin is the price volatility as it allows me to make profits in quick time which is never possible with gold and that is the reason people are more attracted towards bitcoin. |
|
|
|
If youre income here in the forum for a month which came from sig campaign is higher than your current job salary, then it would be better to quit from it,and look for another job that pays much higher than your monthly income by earning bitcoins.
How would be the income of signature campaign be higher than the income in real life, to tell you man signature campaign is just for side job and you cannot rely it to finance you daily expenses in life. I think job in signature campaign only provide income per month was 0.2 BTC the largest that I saw. it costs $ 120 per month? I think everyone has a salary greater than the signature campaign? IMO yeah I also think that the signature campaign only as a side job that very profitable I dont think it would be better than making a stable income but it definitely could help you out a lot with just secondary funds or if you really needed it for a bill or something to scrounge up really easily to get that one thing that you need paid off. Good luck using it as a full time job though you will never make enough unless you dont pay for living expenses. Bitcoin is always good as an secondary income and it can never replace primary income for sure, better try to earn from both of them to have good and secured life ahead. Yeah it is good as an secondary income but it is not as good as an main income because Bitcoin is not that consistent to be able to be a main income. So I suggest that you do it on the side next to a normal job. Bitcoin job is really a good thing for considering it as side job not a full time. But it depends if you are going to work full time in bitcoin. I don't know the possible jobs that can be considered to be working full time with bitcoin. You must be not matured yet, those matured people would not choose a stable job that pays low, we love to take the risk and challenge ourselves to make it to the top. Remember that we can only be rich when we take big risk and that will only be possible when you focus on investment or your own business. Mature or not as long as you are open minded and your plan is to get rich and you have certain plan to follow. You are not going to have problem with it. And if you are going to work with bitcoin for full time or part time it's your choice because no one is boss in bitcoin. I think its an choice of an individual if he is comfortable with going full time in bitcoin then its choice and if he knows how to earn more number of coins then I think there is nothing wrong in it. The only disadvantage of a man doing full time in bitcoin is the volatility of this coin. If the price of this falls down, you lose to because the profit you will make is smaller. Well if the other way around of that happen, then its a good thing to you. The problem with people here is they always talk about the disadvantage of going full time with bitcoin, we should not be unfair, we have to calculate the risk because every world has a risk, if you know how to do a simple math of the risk versus reward on doing full time bitcoin you will be amaze why I select to be full time. Thats right. There's are some advantages of taking full time in bitcoin too. One of the best things is you have your own time to do the job and no one pressures you in your job. Is money more important for you or to get rid of pressure of working in full time job? People are ready to do anything to get full time job even if its paying less as every one is looking for stable income which is not possible with bitcoin. |
|
|
|
Bitcoin will not only replace dollar but fiat currency in general! And I hope it'll be soon ^^
I also do not think that the Bitcoin is ever going to take over the Dollar because that means that Bitcoin has to become legal. I think that allot of Bitcoin users will get upset if this ever happened. I think that the chance is bigger if the Dollar would take over the Bitcoin. Dollar is already the best currency and it don't nee to take over bitcoin, as its already above the bitcoin and no currency can take its place now and not even in future. |
|
|
|
because a lot of the investment program promises big profit , so I was tempted .. but many adverse investment program (SCAM) :3
Don't waste your time in ponzi or hyip you will end up loosing mate. try to learn trading it will give you nice profit but before joining learn it first. It can give you profit for limited period but you cannot expect that forever as in future they will definitely run away with your money and you will be having a feeling of being getting cheated. |
|
|
|
|
I am not that lucky to receive any amount of btc randomly or accidentally as God has already told me that if you want to earn money then you need to make efforts, don't look for shortcuts.
|
|
|
|
So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? Would you change your local currency to a better local currency for a 1% fee if you want to buy something? The other currency is better, but you have to wait a few days, pay an exchange fee and care about the security yourself. The issue IMHO is that there are not enought ways to earn bitcoin for the majority of people you have in mind. Using bitcoins can make allot of difference for the price value. If more people are using the bitcoin the price will rise allot off coure not if they are only holding their coins. Higher number of users means higher price of bitcoin, and that will surely happen in next few years when bitcoin will reach everywhere, so we can expect higher price in future for sure. |
|
|
|
Now that I've gotten your attention, I promise there's a method to my madness. We've all been arguing over Bitcoin XT and (now) Bitcoin Classic while ignoring that there's a real world outside of Bitcointalk and the endless schemes to get more Bitcoin. In the grand scheme of things, it's not even really all that important whether Bitcoin stands a chance of destroying traditional banks as long as Bitcoin or whatever replaces Bitcoin if it stumbles can carve out its own niche. But we're marching toward a world where things are going to be moving pretty fast in matters that don't necessarily have to do with economics and finances, except for maybe who's going to be holding the moneybags. Is it going to be us, or is it going to be the big banks, or is it going to be some Third World tyrant who may have gotten a little too big for his britches and doesn't have a graceful way out? What I'm getting at here is, are we absolutely sure we're making all the right strategic moves to make sure cryptocurrencies have a meaningful, sustainable future instead of just being seen as a funny little gimmick that went the way of Beanie Babies in a few decades? Should we be making alliances with other up-and-coming, innovative technologies to make sure we can achieve our long-term goals? This is something we'll have to consider if we want Bitcoin to have any kind of a future.
I dont think bitcoins have a bright future because there are allot of people who dont believe in the bitcoin anymore. And as you can see the price of the bitcoin is allready go that low with 100 dollar in a couple of days maybe i understand them now. Bitcoin will never go back to $100 in future and if you think that bitcoin do not have a good future ahead then why are you wasting your time here, find some other way to earn money. |
|
|
|
At this moment I am not selling any coin. I feel the price is not enough to get the max out of it.
I hope to see the price go up again, but I don't expect it to happen this year.
If price doesn't go higher at halving then we can expect same from the year, So I am planning to sell my coins 1 day before of halving, lets hope we will see higher price at that time. Selling it 1 day before isnt a bad idea but i def wouldnt sell all of them there would be no point to wait that long as if the halving does bring BTC down you will be angered and have no profit... I actually am probably going to sell it after the halving because i have learned about it and the halving process may just be another good thing for btc, i mean look what happened last time it halved. Yeah the increase of 1000% was amazing i think it was like $11 to around $100 because you'll eventually make profit and if someone had 100 btc at the time that's an amazing profit output for just sitting a a computer and waiting on that simple price increase. We cannot expect same huge pump from this halving, as price is not going high rapidly at a moment, and even if achieves the price of $800 then many of us would be satisfied. |
|
|
|
|
$1200 seems to be difficult to achieve after the halving, and if price reaches to $1k at halving then majority of people will sell their coins which will result in price drop after halving.
|
|
|
|
Why that is never sell? You will not get a profit if you never sell you bitcoin , of course you will convert it into your local currency to get a fiat
If you want to earn profits then you need to sell it someday, as only holding can never allow you to make profits and if you are not grabbing the profits then what' the use of buying or earning it. |
|
|
|
I believe that the price of bitcoin will rise again.
There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck Bitcoin could be considered as the best investment currently , what I actually mean as the best is that the return of investment is quite high compare to the other investment out there and you can literally 'save' your money in bitcoin however it is definitely not the 'safest' investment compare to gold Its not the safest but at this stage we can afford to take that extra risk to earn best profits at the halving and that profits we can invest in gold later on. |
|
|
|
I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money will reign, bitcoin might be able to become alternate currency but that is for the best. yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course. but all the people will not know when it will happen? You cannot replace paper money because that is the simplest means in doing your transactions daily. People who does not know how to use internet will be comfortable in using paper money. Paper money is still the best when it comes to buy anything physically, as there are many places where only paper money can take care of, and I think it will survive forever. |
|
|
|
As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
The Halving is probably a good thing for the Bitcoin, because Bitcoin will be able to stabilize and even why not go up in value. But I agree with you, the transaction fees will go up, you can use Bitcoin online wallets as Xapo that have no transaction fees but do not communicate the private keys to their users, so that it is not very secure. Why would anyone share his/her private key, only fool will do that. On the other hand, the halving always do good for the bitcoin community because it always increases the price of bitcoins, that is important to make the miners stay doing their business profitably. Yes and I think this halving will be really good and profitable for all the users, as price is increasing now and it will be reach at the best position at the time of halving. |
|
|
|
Yeah holding bitcoin and selling it for $1k per piece will be a great decision because you can earn a lot of money without using your own money because you got the 10 btc in a giveaway(if he is serious on giving bitcoin). I think he should not have to sell all of his coins, as the price will increase the whole year and the better decision will be that, he only sell the profit from there, so he will get a continuous profit. if you have bought bitcoin lower than $300 then it is a good profit to sell at least a part of bitcoin to get some profit but only if you need the money. otherwise keeping it for the long time is better for making real profit. Yeah if you are able to make profits at current price then nothing wrong in selling some of your coins and hold the rest for halving, as we may sell all time high at halving. i say this because i did that myself, i sold some above $700+ and enjoyed the $520 profit that i got from my investment and spent some money and then bought back at the bottom again. That is the best strategy to follow and making profits on timely basis, and it also depends on at what price you purchased your coins, if you see good profits then you should definitely sell your bitcoins. |
|
|
|
|
You should start your journey with signature campaign, it will start filling your wallet with bitcoins on regular basis, and once you have saved descent amount of coins, then invest that in trading.
|
|
|
|
|
Show Posts
