Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
Do not use cash if there's no necessary needs, its like always saving your money when the payout is released on your corporate world job and spend the excess amount of your salary on bitcoins in order to save more of cryptocurrency then cash out when the price in the market is pumping. |
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With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
Future paper money can disappear if government will just allow cryptocurrency to become the major currency on the entire world but as of now there are a lot of companies who wants to remove bitcoins out of their country and most of them are banks because people are preferring to invest on cryptocurrency. |
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I just created this thread to gather opinions ..
Ethereum is next to BTC?
Ethereum today is growing to $1k dollar in the market and we can see that there's so much interest to this coin and maybe it can grow up just like bitcoins just started to $12 and when bitcoins are all mined up then ethereum will be the next cryptocurrency to rise. |
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
Cashless society is a great idea but i think that there are governments who are going to complain about the system because some of the are corrupted and they do not want to get tracked about those bad things they are doing to the community. |
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Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
Bitcoins will never end as long as there are people who are interested on investing, there are also speculations that bitcoins this year will reach $50k dollar per coin so keep on holding your coins till it reach the amount. |
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It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
The price of bitcoins is always depending on the demand and supply in the market and if people will always invest then the demand is keep on increasing and it will affect the price of cryptocurrency to increase even further. |
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I don't think Bitcoin will just die, so to answer your quwstion I think it depends on the reason how Bitcoin died if ever. First if it did due to just price crash or something, then there is a big possibility that an alt coin can take its place in the crypto currency world. But if this is due to the world wide ban for Bitcoin and all other coins well obviosly, it is the end of cryptos as we know it. But I think this is something that we are not going to face in the near future, don't worry.
I agree to that, bitcoin will never die, there are countless of investors today in the market and you cannot really tell if bitcoins will really die because there are so many investors in each day that keeps on coming on the market to hoard a huge amount of coins. |
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As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
Bitcoin would not reach $1m dollars because it can even barely reach $20k just last 2017 and if you are going to compare the price of $20k to $1m then it was very very far. The best thing to do is just hold your coin so just in case it might happen then you will be rich immediately so keep on holding today to earn more profit in the future. |
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We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Bitcoin is very strong that it has the potential to replace fiat in the future because of the people that are really interested on investing in it, if you want to know if wallets can be hacked then the answer is obviously yes because every application online can really be manipulated if the programmer or hacker is really good. |
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The problem of scalability has reared its ugly head again this time when transactions are clogging and when we are about to experience the coming of the Bitcoin Futures. People have been expecting that soon Bitcoin can reach the mainstream with the legitimization it has been going through with the introduction of the Bitcoin Futures Contracts.
People are now strongly complaining of the shockingly high fees imposed by wallets and exchanges for the transfer of Bitcoin and this should not be ignored by those tasked with making decisions for Bitcoin. This whole thing can kill Bitcoin gradually if not given the appropriate remedy.
Do you feel like discouraged about Bitcoin with this latest debacle?
The value of bitcoins has just reached $19k dollars last december 2017 so how come you will be discouraged on bitcoins, the best thing to do right now is to invest on cryptocurrency while the price is still dumping in order to earn more profit in the future. |
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So my question is.
Are you investing into Bitcoin purely as a investment?
Or are you investing because you believe in Bitcoin and the technology?
Back when Bitcoin started i feel people invested, because there believed in it, and wanted to see it change the world.
Now days i feel people only look at it as a way to make money, and don't really care about the future of it.
Whats peoples thoughts?
I believe that bitcoins has a potential to grow its market value in the future and i wont stop to keep on stacking my coins till i earn more and convert it to fiat when the market price reach a very good amount of value in cryptocurrency. |
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What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
bitcoin will obviously die in the future if people will stop investing on it because the prices in the market is always depending on supply and demand so if no one will get interested to invest then the value will reduce until it dies. |
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I have opportunity in overseas job around 1000 usd. but my mind now not in a stable manner.
please guide me whats the best option doing crypto currency on the home or move to the job overseas?
Both job has an opportunity, maybe working on the corporate world will really lead you into a better life in the future but if you are going to focus right now working on the market by trading they it is also guaranteed that you can earn a huge amount of profit more than what you earn in your day job so its your decision on what path you will go because they are both profitable. |
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Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.  I agree to you, there's really a hype in every social media's today about the growth of cryptocurrency and some people are just investing immediately without any background knowledge about how the cryptocurrency really works and how you are going to earn profit so in the end of the day they are going to lose a lot of profit when their coins are melting. |
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Hey, as you know already from the title, I'm new to Bitcoin, I would like you to help me by telling, where to buy, when to buy, where to sell, when to sell, things like that. Important: I'm 17 years old, some methods may not work if I don't have 18, and that's what I have noticed. I hope you can help me get started.  Edit: Thank you guys, your information is helping a lot, I already have a wallet, feel free to help me  1KnWzEdJgAmE3rB3Xax8sDfydnikguxrhhIf you are planning to become a full time trader then you should quit your job on the corporate world because it was really profitable more than the salary that you will going to get on your day job. I believe that there are more successful trader in the market more than who really works on the corporate world. |
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if you have the benefits from bitcoin? you can promote bitcoin in many ways.
-By explaining bitcoin to others, spread the word about bitcoin and take note you must learn more about bitcoin to do this.
-If you have skills in blogging, design, video and photo editing, web design, etc. Create something different out of your skills to promote bitcoin.
-If you have business establishment try to experiment to accept bitcoin currency.
if you have any idea how to promote bitcoins just share here.
There are benefits from promoting cryptocurrency if you are going to join in an ico because they are paying a decent amount of altcoins at the end of campaign when their ico is successful so being an ico promoter is really a good job. |
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I saw the bad news about the bitcoin  , I feel unhappy because I'm going to invest into bitcoin . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable.  Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks You can always start investing whenever you want, i work on the corporate world today and if i have an excess money then i just convert it all to btc and stack it in the market in order to earn a huge amount of profit when the bitcoins price in the market surpass the value of $20k again. |
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Guys what do you think about Homeless people who use cryptocurrency on the street is that an evolution or something else ?  There is no way for homeless to survive by begging for cryptocurrency because not every country has the best technology that can run blockchain. There are always advantage on decisions but there's disadvantage's as well so government could not decide that easily about implementing cryptocurrency as a nation money. |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
If government will implement bitcoins today as a currency on the entire country then i think that people will not really accept that at all since not everyone is capable or earning cryptocurrency but in the future there will be really a chance since other countries are planning the same idea as well. |
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I heard that BTC is going down and will soon gonna be dead. Is it still a good idea to invest in BTC?
bitcoin will never die if you really know how the market works, there will be always a complication between supply and demand so there is no way for bitcoins to die eventually. Another thing is that, bitcoins is always the base price of every altcoins that is being released in the market. |
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