4. Blockchain.info is the offical wallet of Bitcoins  Many people believe it just because the wallet's name is Blockchain. About the BTC illegality. Where I live it's not illegal or legal, the law just doesn't know what to say about it. But some banks here block the transaction when you try to convert BTC into local money on exchange and send the money to it, when they distrust about crypto-currencies money. |
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there is a lot of people to poor country they are earning bitcoin through trading so we can say that bitcoin help to poor country and bitcoin is very profitable currency for everyone.
If they know how to trade it's a good beginning. An extra profit can be made this way, but there is some risk on it. There are another ways BTCs can help poor people also, like the cheap fees on transactions, cheap products (because there is no tax), and they can earn also with online investiments or just hold the BTCs. |
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No, it's impossible. What happens is that people lose their money when they forget the wallet password, ID... So, they can't access their money and the BTCs are lost forever. But at some point, when the Bitcoin reach to 21 millions total, they will stop increasing the amount. So, there won't be mining anymore, and it will make the coin price increases a lot, at least it's that I hope for.
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Its indeed very hard to let people believe in the bitcoin
Open yourself a shop, and show, how it work, positively. For a local business, you will find 1 from 100.000 costumers that will pay in bitcoin. Online things can be more easy but local is almost impossible. Though it is not impossible but we can surely call it hard to promote bitcoin in our local areas because the people around us have never heard of something like this where your money is kept on internet and you just can use them by internet but not like using paper money, so it would probably be quite hard to get customers for this at first. Where I live for an example, very few people heared about Bitcoins. But they aren't interested on it anyway, they will say it's a hard method to earn money, or that it's a fraudulent method to earn, bla bla bla... So, I just go by myself and don't lose much time with others. Some people are living on old days yet, they don't want to see the real benefits the internet is promoting to us with BTCs. |
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This has became insane, faucet world is getting over from one moment to another, im sorry faucetbox will close doors, but i had looked at stats and well, the income from faucet owners and faucet costumers were low, but they had adsense income to monetize the traffic atleast. I do wish sucess mexin, as i do see you have already others projects running, and had purchased more two recently, and at 2017 looks like you will bring some ad network for us, sucess.
I hope so. And I hope that the new network help faucet owners to increase their rewards as well. 2017 can be a good year for Bitcoin MicroPayments/MicroEarnings section enthusiasts.  People are stopping using faucets due to the low rewards, those people must come back and start using faucets again. That is a good extra income and a good market inside the Bitcoin community. |
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Surely it is. If you have a lot of money you can buy a large BTCs amount.
In my opinion it's a good deal on long term, the only issue is the safety when storing your coins.
Need to adopt a very safe method, because we are talking about lots of BTCs.
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Does anyone want to share their experience with westbtc.com?
Scam or win?
That site seems like a classic HYIP/ponzi scheme to me. 0.1% hourly simply isn't something that would be sustainable for long. I recommend everyone here not to invest in this site, or otherwise you may regret it later. Yes, total scam. It's not so hardcore HYIP like those 10% profit hourly, but in one week or less this site run away with your money. Don't invest on it OP, you will lose your money for nothing... Any site that offer incomes like that aren't legit, you can have sure about it. |
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How much interest is reasonable and trustworthed for you and you can invest your bitcoins?
For me it's 0-10 % montly
For me it would be around 0-5% . I feel as if anything above 10% interest monthly is likely too good to be true, and it usually is. I expect average ROI of about 20 ish percent a year on investment. Again, anything bigger is likely too good to be true. 0-5% is too low. I think who wants to pay interest to others should offer at least 2% or 3% minimum. zero dot something is like nothing... That is what banks pay to investors on my country to use their money to make a lot of profit, doesn't worth. i think low or high is depend on what we want after we made some investment, and if 5% from only one investment and we have like 10 investment then its like 50% interest from many source and its real big money for us. It doesn't matter. $100 in one investiment with 5% income is the same thing that $10 in 10 investiments offering 5% each. The only advantage is that you split your money, so it's hardest to lose your investiment. |
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I like Dice game. That is my favorite one. Easy and fast to play and it can give us some fun. It's really nice when we make profit on this game, it's a very good sensation, but we must control ourselves or this can be our ruin on long term. |
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Never use all your bankroll on a consecutive losses streak. Set a maximum loss amount and restart your game with what left from your bankroll. Never bet money that you will miss later. Money that you can't lose. Martingale on long term never works...  (First time I played it, I thought I found a gold automatic mine to generate money for me). |
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You can buy also on a local exchange from your country. Choose a trusted and legit one to do this transaction. You can send money from the bank directly to those sites, so they exchange your local currency into Bitcoins depending the currently price of the coin.
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I don't know any strategy to earn at least 5$ daily sonce gambling is mostly about luck and since you want money then why not find a job so you can earn more than 5$. Gambling isn't only about what you earning money but rather earning some fun and happiness for awhile. Why not try to gamble just to have fun and feel the thrill in every bet you made.
it is true, it would be very difficult to earn $5 daily in gambling. because we can not always win in gambling and also unlikely we will not lose any bets. even though we have a lot of capital and a bet on the small chance that look very safe, but nevertheless gambling is a game based on luck. Depends, if you have a big bankroll it's really easy to earn $5 daily. It's about 800.000 satoshis. With 1 BTC or 0.1 BTC bankroll it's relatively easy to do this amount daily, surely there is some risk involved, but low chances to lose. |
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You made me smile. Really cool. The simplest way to compare it but really effective specially to those who are still into Paypal. Here in bitcoin there is a better room where you could do something. Invest or trade or play with the fluctuation or maybe earn some loaning to someone.
Yes, with BTCs you can do many things, and with small amounts we can start learning trading, gambling for fun, investing. Good for children to learn about economy, investiment, etc. Crypto-currencies are educative currencies and very useful for who wants to make profit on medium-long term (holding), to have fun (gambling, using faucets), and trading to try some profit. |
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Bitcoin helped me a lot in some though life situations when I was lacking money. I can use it to pay some bills and everyday stuff in supermarket (with my Bitcoin debit card) or I can change it for fiat if I need cash. So that I can say that it has important role in my life.
Good for you. I believe many other people were already helped by Bitcoins also this way. This currency currently serves as an extra income to boost our monthly finances. As we can't buy stuff directly with Bitcoins in many places, we need to exchange it into our local currency to use the money. This way Bitcoin helps a lot. |
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Right from the beginning, the internet is just representing what we are and what we are doing offline. And we are just bringing ourselves into online but with greater field as it can be on a global scale.
There are scammers offline and of course there would be online as anonymity can easily be accomplished and the market to scam can be so big.
Yes, we have to be careful though at the same time we should be able to recognize real opportunities from fake and scams.
Exactly, you must be careful and do your due diligence before investing on any websites with you are earned bitcoin currency. Imagine your work for 2 mouths and you got 0.02 Bitcoin into you wallet. You invest it on a website that promise you to double it in 2 weeks. The next morning you check the website and find it does not exist anymore, you feel guilty and the pain inside. That is the pain of a Scam situation. You remember all the hard work you did to earn that money and suddenly you lose it in less than two days on a "investiment scheme"... Some people can be ingenuous to believe this kind of investiment, but at this point I believe everybody is awared about fraudulent offers. |
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I will not vote here, because you didn't include www.FaucetHub.io - I belive that mexicantarget will make the best micropayment platform. Please add it to the poll list. Thank you! Yes, this option should be on the list also. He knows the difficulties of faucet owners and is an old and experient member of this forum. We have fast support from him and it's very easy to locate him here on forum. |
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It's really sad news from Faucetbox, but let's be honest, it wasn't very big surprise. We all know that Faucetbox Adsense account was banned and without it become really hard to keep service. And I can understand Kazuldur decision not to sell service. Yes, potential buyer Mexicantarget is trusted guy, but no one can guarantee that he will run services successfully. And if he fails, many can blame Kazuldur for that.
Yes I have also think that, Faucetbox closing his site because of adsence. Now adsence is trying to remove their ads from all popular faucet website. Don't worry, look this thread: https://bitcointalk.org/index.php?topic=1672870.0A new Micropayment System that will replace FaucetBox. And don't worry about adsense, faucets will find a way to continue existing and paying users. That is just bad days... |
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Probably no. Because bitcoin is the leader in cryptocurrency and other coins are counted in relative with bitcoin.Although there are many coin which have price more than bitcoin but there adoption is far far less then bitcoin and also there's a hope that the they won't get much popularity then bitcoin
Another cryoto-currencies won't take the popularity of Bitcoin. At least for now, but we don't know what will happen in the future. The technology is unpredictable. Another currency can come with many advantages for crypto-currency enthusiasts and Bitcoin can lose the podium. I believe it will happen and Bitcoin will be replaced, but not in this decade or in the next. We will make a lot of profit with Bitcoin yet as the most famous crypto-currency. |
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Well for me Bitcoin give me a chance for me to earn extra money online which is the best thing happened to me after my allowance of course. And another thing is that it give me a chance to buy stuff online, yes there is paypal but unlike Bitcoin paypal is strict with its verification process. With Bitcoin I am happy to say that this new kind of currency help me grow.
I agree with you. Like you, I also benefit from bitcoins. I also earn extra income online by joining this forum, joining campaigns, and through investing and trading. I'm using the bitcoins that I've earned in paying bills online, buying some stuff online such as load for my mobile. Indeed, using bitcoins can make anyone's life more easy. This answers the question, "Why I use Bitcoin?". That is why many people are using Bitcoins and I also agree. It's my situation too. I use BTCs because I can earn some extra income with that, I can have some Bitcoins holded to make medium-long term profit (investiment), I like the facility to use this currency on the internet, the facility to make transactions. Many advantages when using Bitcoins. |
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So Yobit is down again? Can someone please tell me if they have an official thread here in bitcointalk?
For me it's working fine. Sometimes the site stop working and back after. They look to be having some issues with site stability. Just back some time later and try to access Yobit again and you will be able to do it. |
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