Which country would be the first to eliminate fiat and convert to crypto fully? My guess is China...
I think this will be a difficult task to do. Check it, looking at the differences in both currencies - bitcoin has so many process before you can have access to it or acquire which is anchored on internet and technology, computers,literacy etc but fiat is just to labour and you are paid. So, I think they could just operate side by side. Optional |
|
|
|
The much talked about ride is on, to bullish. Who is riding with it ......  I didn't support bitcoin when I learned about it 4 years ago. I admit that it was a bad decision, if I could've supported it, I would've been a millionaire today. So, now that I'm back. I'm going to support and trust bitcoin with all I can, and keep investing and holding bitcoin. I don't feel the way you feel bro because I started getting into bitcoin late but my philosophy of life is in this respect is that, it is never too late to join. Remember there are other skeptics out there that are in our shoes back then. Ride on... |
|
|
|
The much talked about ride is on, to bullish. Who is riding with it ...... |
|
|
|
|
I don't understand what you mean by this -4. Only share on last 24 hour
|
|
|
|
|
Taxing on bitcoin depends on different jurisdiction. Some countries have barely heard of bitcoin, not to talk of making plans for tax on it. The bitcoin needs to first be accepted before taxing. I'm sure the "third world "countries are yet to understand bitcoin .
|
|
|
|
Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
Stock market and bitcoin market are not the same . Also, stock is very slow to generate profit and it is a long time investment unlike bitcoin that is very fast to income and volatile, you can also lose that way too. So, it depends on the one that will work for you. |
|
|
|
|
I don't believe any one can actually predict the movement of bitcoin rather what is used to guess the direction that it will go is fundamental. For instance, the news from China earlier this month saw bitcoin rovering in downwards and now I think the downwards are over for bullish. Basically, positive news propels the bitcoin market, again, the Japan adoption.
|
|
|
|
Basically you can doubling your money using BTC by trading, but it need good knowledge and experience, and mostly patience, because it takes time. Trading involve some risk but it still more safe than gambling
Of course you can double your balance if you really want to make money from bitcoin. But, remember it not instant and need you spend a long time to make that future become the truth, nothing is easy and free. Yes its not an instant you need to work for it before you can see the result. Double money its not easy you need time to do it and you need to be smart how to do it. I think holding bitcoin is more profitable. No much risk in it unlike trading that you can just lose his money with in short. That way too one can double his profit. |
|
|
|
There is a clear benefit of saving bitcoin for long time, look at the history of the bitcoin's price , it is multiplied several times within few years. The holders which bought bitcoin in 2010 and 2011 created wealth by saving their coins and beinf patients.
That's the reason why bitcoin is good for long term. We have seen presently how bitcoin price grows over time despite of lots of negative news and attempt to make it crash. Now do we have other reasons to believe that bitcoin will not be benefited if we save it for long time? [/quote The past 8years has shown that bitcoin has the potential to keep increasing. Imagine when it newly came out that it was almost nothing to a dollar and compare the growth to date. It is a savings plan itself. |
|
|
|
|
Bitcoin and cryptos are opportunities created for everyone who keys into it. It is there for everyone but some people who have heard of it are still skeptical to begin to associate with it, they are still traditional.
Well, so long as anybody who have heard of it and knows how to go about it, you are on just with gadgets for the internet.
|
|
|
|
|
From me, I got to hear of it from friends like two years ago, didn't really focus on it then. Again, late last year, I got the hint again. Now, I'm in for it.
|
|
|
|
|
Op , it is obvious that everyone needs to better there lives and they try to grab every opportunity in their surrounding. Can you be staringy at money or ways to make money in your eyes without looking for means to get to it? If you answer is no, then that is exactly what you , I and everyone hear is doing. Bitcoin has come to take people who see the dream and have been able to know how to go about it ,out of poverty .
|
|
|
|
|
Would you review your pay package to 10dollars ?
|
|
|
|
BTC Anyone got idea for investing in bitcoins than bitcoin mining which is already dead? Also not the captcha thingy faucet which needs thousands of clicks for just 0.0000XX btc per harvest? Thank you  Mining and faucets are the worst way to earn Bitcoin today. They both are mere time waste. Signature campaign can be a good way to earn Bitcoin. But looking at your rank, it won't be profitable as well. What I suggest is start trading with some little initial amount. Do altcoin trading. I agree many people here will warn you for the same and yes it is pretty risky and you need to spend some initial time in investigating the market and coins. But trust me when you get acquainted with market, you can earn some great returns in relatively shorter period. Read books, experiment with small amount. After a month or so, you can easily make 1-2 btc a month without any big initial amount. Tried and tested! Wow... 1-2 btc a month? Is trading that nice... If it is that means is the best source to get a hand on bitcoin. 1-2 is not easy to come by in a year. Thats really big money  |
|
|
|
How to earn monthly income with Bitcoin/Altcoin trading with small capital like 0.1 BTC??? Is it possible to earn good income with 0.1BTC??
It is possible, so you can but keep to the rules of trading. Few of the rules are, do your research and work on the result you got, test the results. Also, practically don't be greedy, start small, don't always trade by emotion or sentiment, timing is also important as to when to make an order or exit. |
|
|
|
I will go with altcoins if u want to invest in bitcoin then must buy atleast 1 BTC Then only u will get profit Instead of that just go for altcoins with low prices Nice stuff. Bitcoin is actually at the high side except you have so much box in your pocket otherwise, some are altcoins are doing well, ethereum, dash, litecoin are cool. |
|
|
|
The market is going to fall a little bit more I think, so just be careful before investing at the moment, either be it Bitcoin or Altcoin. But its a very awesome moment to invest right now to both of the option, as the prices came down of all the cryptos, so whoever wished that he could have invested earlier when the price was low, you got your chance back.
That strategy of yours is not actually the best way to always go about purchasing bitcoin. Any point you buy at the moment is always good. One thing I have noticed is that you can never predict the next thing that happens with bitcoin most especially in dips or in bullish trends. If bitcoin is dipping, buy at any moment you can as you will still never loose and if it is going up still buy cause you may never see it back to that value again. I have had a chance to buy at $800 before and I was trying to wait if I could get it cheaper until it started going up, and then again I kept thinking it would come down but it did not. Still happy I bought at a good stage but till now it has never and will never go as low as that again. Yeah, more like "experience is the best teacher ". Life do not present the future for us, most times wealth are in our hands to go for but because we can't understand or see exactly what the future has, we procrastinate, pessimistic about what to do. Really I also don't see bitcoin riding too low again. So much awareness is coming around it and this is more reason it will go bullish. |
|
|
|
Bitcoin approved and discovered in the world on 2009 and the first price is $0. And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017] 2009 [Discovered] - 1btc = $0  2010 - 1btc = $0.1 - $0.08  2011 - 1btc = $0.75  2012 - 1btc = $9.04 2013 - 1btc = $301.20 2014 - 1btc = $753.01  2015 - 1btc = $451.81 2016 - 1btc = $828.31 2017 - 1btc = $3664.25 From this list we know bitcoin is not stable , frequently make increase and reduction on price. Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ? If you observe your chat very well , you would see that this year withnessed the highest rate of increase and if I 'm asked for a reason for that increase, I would say is as a result of awareness. So, bitcoin is getting more popular and the awareness is coming up, the price might not drop to 3k again. My view though. |
|
|
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I'd say Using Bitcoin is investing it self , you can buy more bitcoins and hold them , It's just a matter of time before the price of Bitocin will rise once again , and if it dosen't happen for long time , it will happen the end of the next year when the next halving block reward happens but it depends on the price just before it . And if you want to go with stock , then there is "eToro" it's a famous website to invest on stocks and legit . I guess you can deposit using Bitcoins , not sure tho never tested it . good luck mate definitely true, putting your money in to bitcoin looks like very similar to an investment since it also has a risk and I suppose it is as good as investing on stocks but I am not sure how much money is good to start investing on stock and I didn't know how much risks are there . I also don't have an Idea regarding to the best way to start it so I am just suggesting to hold bitcoin and buy more . Bitcoin has the great potential to increase the money so if you are having good money you should invest in the bitcoin and wait till the price of the bitcoin will increase more and more. It is the advantages of the bitcoin that the price of the bitcoin is not fix it keeps on fluctuating and to increase when more people invest in bitcoin so! If you will invest your money in bitcoin you will get the profit in the future. Yeap, bitcoin is a veritable area to invest money but we don't throw in all our cash in just a coin, we can split and look for other coins too. Litecoin is ok, etheruem etc |
|
|
|
Theoretically it could, but practically it will not as long as no government will declare it as the publicly obligatory currency of the country.
to me i think that it may be possible but not so early, it can only be possible when all the people of the world start using bitcoin, and bitcoin can provide all the facilities that fiat is already providing us, i think only then it can be possible that bitcoin will replace fiat. but i think it will take more than decades because currently i do think that more than 2% people know about bitcoin. It could be more than a decade though but so long we are in this world, many things are possible. I think you are quite right with the few percentage of people that know bitcoin and thats one important aspect. Well, it might eventually get accepted and run side by side with fiat. It might serve the purpose or be used for huge monetary transactions . |
|
|
|
|
Show Posts
