At Christmas I explained to my Dad that I have Bitcoin, he had no idea what it was, how much it was worth, or what it is for! It would be good to get some real information out there to people. I think in Switzerland it must be better explained if you can pay on the trains with Bitcoin, otherwise no one would know how to do it!
You are right, information is the key of bitcoin success. I met new people all the time. To my surprise most of them never even heard about Bitcoin. If more people knew we would have reached the moon already due to increased demand for bitcoin. I don't think that Switzerland is really that bitcoin-advanced, I haven't been there to see it myself but it more or less the same anywhere, bitcoin is viewed as fancy virtual money for nerds. Most of Swiss people probably ignores bitcoin payments whatsoever. In addition to the information or awareness about the bitcoin, bitcoin itself also need the scalability proved. Unfortunately that is not the case so far. It would be real nice to see bitcoin getting all scalability and other features as well. Lets hope that As time passes by bitcoin acquire those in short timespan. |
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Doubling price in short period: alt-coin trading. It is highly risky. But again more the risk more the gain.
Doubling price in long term: purchase bitcoins at current price. HODL for LONG LONG time in cold wallet. Sell them after year or two.
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Probably less than 1% of world using bitcoin. Looking at the people using bitcoin and population of world, 1% is also seemingly high.
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Ahh, free publicity for wipro and bad publicity for bitcoin indeed. Big companies get these kind of threats regularly. Interesting question is "does wipro have that much money in first place?"
Nonetheless one point is clear, "paid news media houses" are handling the bitcoin related news with big bias.
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Let's wait till 15May. Mostly Govt would ask for their cut and let the game continue.
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In a great comeback from the ETF rejection bitcoin recovered from ~900$ to the new ATH 1500$. What do you think when will this bitcoin bullrun stop or will it continue to grow at same speed?
I remember in a thread a person predicted that by the start of year 2017 bitcoin will touch 1200$-1300$ then it will fall back to 800-900$ then it will grow back to 1500$ by the year end it will touch 2000$.
What do you think about current and future bitcoin ups and down ?
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It is better to teach them first about the currency. What is currency? Then what is fiat currency, how it is generated, problems with fiat currency. Then one could teach about digital currency and then bitcoin.
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A business could be anything. As mentioned earlier a person must have idea himself. But nonetheless you could start a grocery business or any business with option of purchase with bitcoin. See that is one idea.
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I think if bitcoin will manages to reach 2% of general populous around the world by 2022 it would be big welcome move. By the way future of bitcoin decentralized looks pale with big sharks are about to control the btc.
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is much better to invest than saving money, although I'm not saying its bad, of course not. it is just in investing you can get profit in ashort period of time unlike in saving money, it is not but in saving it is very safe than in investing. Yeah saving it on the bank will gain you but it's very low, it's like you save $1,000 there and you'll earn $1 or $10 if I'm right. But it's good to save some money in the bank because that will tell you on how wealthy you are and that is something needed by everyone of us. And if your focus is earning at this moment, then go invest. Saving money in the bank can provide benefits because the interest is given by the bank. But the interest is very small per year. You can not rely on interest from the bank to make a profit dude exactly. actually saving will only make your money save and stored. but it will not increase your money. no matter if you save in money and get interests. (interest is very low) and investment will increase your money (it can decrease too if you loose) now it is upto you what would you choose. both Saving and investments are required. It is better to save the money for emergency purposes and investment should be done with money which you could risk on. |
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Until whenever I will not join or promote MLM to anyone. All MLM will eventually scam, and I hate that.
Those who are at the lowest level can not get their money back, so I do not like to lure others in this hoax.
I also do not want to lure people with deception just to make money, then they will hate me and I will not be happy with it. This is direct consequence of pulling people in a mlm and only a person with Conscience will feel that guilt. |
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Blaming Zebpay is utter nonsense from BoM. BoM should take responsibility of lack of enough security from their side.
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Whats the point of investing in mlm scam in the early stage .The only thing i see is to earn on it because some people wants easy money even they know it is a scam site and to gain some referrals on it. If they want to earn dont bring others to invest on it kust make it yourself.
sometime mlm in early stage really give profit but temporary, it's like you're grabbing the available money until other people get trapped and their money is to pay the promised profit into your wallet yes, but they only pay a few percent in the early stage, and ROI it takes about 1 week usually. so lost is obviously greater than the benefit. I better gamble, because the risks are the same. I think so , gambling is better way than risking your money in that sites. From the start you already know that it is a scam site and the people who are under the pyramid scheme is the one who are unable to earn .so it is possible that they will blame the ones who recruited them. While gambling you are earning money directly from casino or other person. They know the consequences of gambling as well. If you loose money while gambling it is your own money. However in the MLM whether you earn or lose money it is always at somebody else's expense. |
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Bitcoin is a currency. Corruption has nothing to do with what type of currency or asset is used. Corruption is result of greed. Currency is mode of transfer of wealth/value.
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Anytime is better for investment if it is a long term investment. For short term investment, more scrupulous study is required. Thus if long term investment is in mind then dont look at current price, soon or later great returns are waiting.
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I was thinking of creating a whatsapp group where Indians can help each other about bitcoins and related projects and also tell each other about the new opportunities to earn bitcoins/altcoins online.
Please PM me your contact number, name and I will add you to the group.
Thanks
1. This forum is specifically created for these purposes, thus there is no point in creating whatsapp group. 2. You could share information about bitcoin earning opportunities here. It is straight forward. |
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Now a days faucet-users are not making money out of faucet but the faucet runners making money out of faucet-users. It is far better to stay away from faucets for at lease bitcoin-related.
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MLM has indeed many who cheat, so from that I was never attracted by MLM.
Most people that join MLM they feel like to get results that are highly profitable, but after they joined in their MLM stuck with procedures that do not comply are in want.
feel stuck because they don't want to feel loss i.e. by referring other people to join in MLM it. Just to wish the money already entered can be returned.
If you learn to work in this industry, you will be rich. This has great potential. You can work in many projects. The most important thing is to enter at the very beginning of the project This is possible if one learns the trick of business and make great connections. Many key people have formed the group of potential followers/recruiters. Sometime they offer some percentage of referral bonus purchase back to the follower as well. This plan may backfire if admin of mlm runs away. So be vigilant and never trust anyone with money. |
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I'm not recommending this at all. There is a way to earn .1btc or somewhere near .1 btc per week if you put 1 btc in revshares like mypayingcryptoads. With quick googling, it seems that mypayingcr5ypto is only proven n stable revshare which has provided returns so far.
Personally my point of view is to work smartly in your own field of expertise and earn profit to purchase bitcoin regularly. It is a slow but safe way.
Usually the invement site like that was turned into scam in a few month. I think earning 0,1 btc perweek is only possible by do trading. Very true, that is why I wasn't recommending it. As fas as mypayingcrypto is considered it has stood the test of time so far. But again who knows future. Thus it is better to earn money via your experties. Earning with Trading is not the only possible way. trading is also prone to losses as well. In addition there is always a chance of losing coins in trading if exchange runs aways or claims about hacking. It is quite common. |
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