There are lots of ways on how you can earn bitcoins. You can earn via signature campaigns. Doing online jobs and accept bitcoin as a payment. There's also the bitcoin mining. Viewing of advertisements and typing captchas but both are the slowest way to earn. It could take you forever before you hit the minimum amount of withdrawal with these. there are some who have minimum of $1 before payout but it would take you weeks before you can achieve that. Usually, for you to earn faster from those sites is through their referral program. There's also gambling which is of course risky. While some opt for buying bitcoins and wait for the value to spike before they eventually sell it. But those who buy bitcoin normally wait years before they sell it because they thought of bitcoin as an investment that would eventually rise ten folds of its value after a year or so.

I think it is the convenience. It is easy to use cash than bitcoin but don't get me wrong, I like bitcoin better. Cash is accepted by everyone. There are no establishments that refuse cash. If you want something and you have cash in your pockets you can have it without thinking or asking if the store is accepting bitcoin, or the credit cards you have. And especially for those convenience stores and micro businesses such as variety stores in the neighborhood, the hotdog sandwich stall along the street, you can easily pay them with cash.

Another lost bitcoins. That is so unfortunate for your friend but I hate to tell you that there is no way for him to get those back. He should learn his lesson that next time always have a backup of everything that's in his phone especially like those precious private keys. There are lots of wallet right now that asks for email or phone numbers for you to retrieve your account. You can even connect your account to facebook. In my part, I have a notebook where I write my online accounts, usernames and passwords just in case I forget any of them. But I also make sure that what I wrote in that notebook no one who happens to see will think that those are my accounts information (unless they are Michael Scofield of prison break). 

That is totally wrong and inaccurate. I don't know how they came up with that statistics but that is definitely not true. Maybe if they conducted a survey with a hundred people they encountered randomly they will really get that percentage. One example that I can cite is the facebook group that I've joined just recently which is composed of members using coins.ph, a btc wallet in Philippines. I've observed that most of them who are actively posting and commenting are females. That 97% is really a joke. You can say that 70% might be the safest percentage since we all know that mostly guys are the ones who are interested in this kind of stuff but there really is no way of telling the exact numbers. But this shouldn't be an issue. Everyone wants to earn and that's all that matters.

Most of all, bitcoin have the highest value amongst other cryptocurrency. And unlike fiat currency, it is decentralized which makes it uncontrollable by the banks and governments. It is easy to carry and you can have faster transactions using bitcoin. You can easily cash in and out anytime you want. And what's great about bitcoin is that it is undestructible. And it has a lot of potential in the market. Its value might be lower during the past few weeks but yhe potential is there so there's a huge possibility for its price to hike given a reasonable amount of time. You can easily double or triple your investment and all you have to do is wait for the right time.

If you have that much bitcoin I would say go buy a house. You could save a lot if you have your own house rather than renting. It is one great investment to have a house that you can say your own. You can sleep at night soundly and not worrying that tomorrow or any other day about your landlord knocking and asking for your monthly rental fee. And if I may suggest, you should also think of putting up a business from your bitcoin profits. It is good to have investment like bitcoin but it is better to have a tangible assets.

Who didn't dream of getting rich? All of us do. But being realistic I did not dream of getting rich with bitcoins. Just a good profit that could help me with my other finances and future investment. I've lost some of my bitcoin but not that much. Although I earned my bitcoins through signature campaigns and not from my hard earned money. But still, I've invested my resources such as electricity and internet connection and most of all my time and effort. So, to lose some of it due to current issues that is happening to bitcoin, it's still a bad news for me. But I am confident that in time I can gain my loses and profit more than what I have lost.

We know that Bitcoin has a lot of advantages. It helped unemployed people to have a source of income while at home. And even helped those who have stable jobs to have another source of income. But I don't think bitcoin can help end world poverty. Proper education can. Even if there are lots of bitcoins available in the world, if people are not well educated and didn't understand its uses and functions it can't help them end poverty.

Kids nowadays are well knowledged when it comes to the internet. Instead of playing barbies, balls and other kiddie stuffs they would want to have their tablets and smartphones instead. I think the first step to tell them about bitcoin is to let them understand base on their level and capacity to understand. Let's say an interactive games that will catch their attention. Or maybe a video telling the history of bitcoin, how it came to life. Or a video of a super hero buying his weapons to fight evil with the use of bitcoin. You know, anything that can catch their attention and not bore them to death.

I first heard about Bitcoin from my brother who is a computer engineering student. Being a tech savvy that he is, he has more knowledge on the internet world than me even though I am an IT graduate. Due to my previous job I haven't had the time to explore the internet world. Then I happened to see the suggested articles in my default browser. One of the article's title caught my attention. It was an article from forbes saying a guy is currently travelling the world from his bitcoin profits. He used to own 20,000btc and then eventually sold most of it when the price got unbelievably high. He made $25M profit out of it and as of the moment of the interview he got 1,000btc left in his account.

Remember the saying, what goes up must come down. This cryptocurrency downfall is normal. It also happens in traditional currencies that we have in our respective countries so why worry? After this downfall, there is only one way bitcoin and other currency are going and it is definitely upwards. Let us just wait some more time and we all will be happy with the outcome of what's happening right now. Patience is a virtue my friends. That's what we all need today.

Bitcoin for me is an investment. I also consider bitcoin as one of my financial security. I consider it my savings for future uses. Since I have other source of income, I'm putting all my bitcoin for safekeeping and emergency purposes. And I'm also thinking of using some of it to fund a little luxury in life such as travelling to places that I've never been together with my families and closest friends.

No, absolutely not. I'm not scared of August 1. When I started bitcoin I know it's a risk but a calculated one. And besides I have gained a lot from bitcoin. Honestly I have plans on investing on bitcoins more once the value depreciates further comes August 1. The reason is that I see its potential and I know that the value will appreciate more after segwit. If I'm wrong with my prediction, it's fine. In life, nobody gains more without losing some.

There may be some issues occurring right now regarding bitcoin transactions but no, bitcoin will not die any sooner. Traditional currencies experienced depletion due to economic crisis but they never died. Same goes with bitcoin. It may be having issues but not on a major level. Instead, it will thrive more. We're only at the beginning of its success and I don't know where this kind of question came from. Of course all good things come to an end but definitely not bitcoin. It just started making waves. Bitcoin still have a lot of countries and people to convince.

I think that people prefer Bitcoin over fiat because its value is higher than any currency. And also if a country experiences an economic crisis, its currency's value will depreciate faster unlike bitcoin which I think will not be affected by an economic crisis. With traditional currency, funds can be frozen or seized by an intermediary or by the government. They may also prohibit transactions for goods or services as they desire. Another thing is that bitcoin is undestructible and is easy to carry because it is electronic. Imagine when you do your laundry and forgot to check the pockets of your pants only to find out later that you have cash in it. That is devastating, right? Lastly, it is hard to apply for a savings account in banks. Lots of paperworks and you need not just one but set of IDs issued by the government. Wherein in bitcoin, there's lesser requirements and no paperworks and forms to fill out.

In my case, my brother introduced Bitcoin to me. At first, I wasn't that much interested. I don't even know what bitcoin is and its uses. Until he showed me his account showing me his earnings. Then I was like, "where did you get that! How?" So he started teaching me and even created me my own account to practice while I bombarded him with lots of questions which he answered patiently. I even told him to make me a video tutorial for me to learn. And so now here I am earning my very own share of bitcoin. At the same time, I continue to learn more about bitcoin by researching deeper. And I could not be any happier to see my own account thanks to him.

Yes, you are right. Bitcoin was the very first cryptocurrency ever made. And also it is the first ever decentralized form of currency to be introduced. It does not go through any financial institution. Which means that banks cannot control our money that is why people got interested in bitcoin. Which I think is the reason why bitcoin os really famous. And just like any other normal products in the market, people tend to imitate or make their own version of the product especially if they saw its potential and that they could earn from it a lot.

There are a lot of ways on how you can earn Bitcoins. You might not need to invest your hard earned money but you will definitely have to invest your TIME and patience. There are those who do bitcoin mining. Some relies on advertisements viewing and captchas but it is time consuming and the earning is super low. As far as I know, signature campaigns offer a lot of profit than any of those I've mentioned. Once you're earning from the campaign I suggest that you put a little portion of it in investing. But be wise enough to know when to put in your money and when to withdraw especially now that the value of btc is a little unpredictable. Good luck!

It is possible that Bitcoin will reach the 1 million dollar mark but it has a low probability. I believe that it is an exaggeration for the price of Bitcoin, though I want it to reach it, but practically, it will not. There will be more and more people will want to have some drop on Bitcoin. Also, I think that a country's economy will not be able to handle such value for a coin.

Those who declares that Bitcoin will fall to zero after the August 1st are people who are spreading false information or rumors so that some will panic sell their coins before that day. And once that happens, those trollers will be very happy because they will have the chance to buy more Bitcoin at a lower price. Those are just schemes so do not fall for them.

If you are planning to hold your Bitcoin for another 4-5 years then you do not have anything to worry about. You'll gain more after that.