in present time i think bitcoin is not yet using for more activities but i think in future bitcoin will be more convenient than cash to be use for all kind of activities, therefore it will be good to use bitcoin instead of cash in future.
Cash or Money is the most liquid asset ever. You don't need to transform it into something in order make it liquid as all people accept cash, But not all people accept Bitcoin that is the reality. Therefore Bitcoin has both disadvantage and advantage depending on your perspective. My perspective is that it takes a lot of time before I can convert it to cash therefore saving more. But people tend to spend everything that is in there wallet these days. |
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My plan to get rich with Bitcoin is very simple I am holding some Bitcoins in cold storage for long term while I have some investment in other cryptocurrencies if they don't get valuable then too my my investment can be withdrawn in Bitcoin as all are valued on Bitcoin basis.
The dream is very likely going to happen. because cryptocurrency is one of the things that gives the best contributions in the growth of the bitcoin and hopefully it will give you a great advantage for you in quick time. I hope after you get all the desired dream you don't forget against those who need your help I think you have a problem of having just a simple dream, Can't you see it is not always the straight, smooth, and fast road going to your plans becoming rich its either way around first of all you need to fight the Market for it's prices endure all emotions when the prices are down and most importantly not selling it when you think it is all over. It is a crazy world in trading hope you have a back up plan. |
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My plan to get rich with bitcoin is split in 3 parts
1 learn trading
2 sell bitcoin on localbitcoin
3 bet on soccer with bitcoin
Your plan is really great learning trading from this forum is so much have fun you can really meet and have new friend here if you can really make profit in this forum you can earn more bitcoin in the future and you can really become rich just don't do gambling because you can lose everything in the future. if you know what you are doing ok, but bets on soccer does not sound like a clever thing to do, as i never heard of someone who did this for a long time and with a total profit worth mentioning. sell bitcoin on local bitcoin can be dangerous and you should check the applying laws first. i guess trading is fine if you know what you are doing, and most don't. Football matches can be unpredictable these days. If I were you I choose Basketball as you can concentrate on few players and their strength and weaknesses , injuries, coach and also they have fair odds. Basketball bets are a good way to earn money, but yes betting is not a sure thing to become any rich I don't know if the richest people bet to get rich. |
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Speaking of earning a living with Bitcoin, I don't know if there is or if they are hanging around with the forum. Either way I think it is hard to earn bitcoin online as you have few choices from what I can see. Like the only thing I can see worth your time is having a signature campaign which even being a Legendary member won't be enough for you to last a month.
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I don't think so, maybe they are in different categories. Like you can use Gold as Jewelry while Bitcoin can not be used as one. Bitcoin can be used as a currency to transact to anyone while gold is for trading. Also in the market for Gold it can be dangerous as many people will really want to have your gold no matter what the cost are, unlike bitcoin you can access all of it with just your phone.
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I think it is inappropriate to ask someone online to mentor you without even offering anything. Also Bitcoin can be learn online. Like you, you already created an account in Bitcointalk which means you have found it out online. Also there is a Beginner Section here you can read the topics their for your start.
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Hey guys, I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts? I am currently using 3 different wallets, it kinda feels safer not to store everything in once place... Thoughts? MC  I used only used one bitcoin wallet in storing my bitcoin. Yes! Multiple wallets are good and safer in storing bitcoin but for now i would prefer to have one. I dont really need multiple wallet its beacause i have only low amount of bitcoin i own. But if my wallet are being hacked and all my bitcoins are stored their then it is my fault. Also having 3 wallets, you might end up in confusion of your passwords, pin, and other verification process which is dangerous. Also if you are talking about safety you definitely must have different passwords in your 3 different wallets which you might end up mismanaging it as I myself right down my passwords and pin for every account which is dangerous for leaking information. |
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Currently I have no bitcoin because very new first reading and doing some analysis about this because its look like very attractive for me to be trader here in this field hope as I complete all my works then I am going to do selling/buying and exchange in alt coins
I am sure you can get bitcoin after your weekly signature just stay in this forum and you will learn a lot and discover how to earn bitcoin someday you can earn massive earnings with bitcoin in the future.. Obviously trading is not your best option in terms of obtaining bitcoin as cryptocurrency trading is more unpredictable than stock trading. Also you can earn here in the forum if you want a safe and no risk way, Bitcointalk offers signature campaign in which you can put it up to your account and they will pay you per post or a fixed monthly income. But realistically the price won't make you quit your job. |
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If you could make huge profits from it, would that not affect your life? Of course it would. For example, your lifestyle would change because before if you cannot buy clothes and go to mall, now you can.  It is going to affect a lot your life if you do get big profit to bitcoin and it is going to be your source of income so as the day goes by. Bitcoin is going to be your daily life and you are going to work full time with it and that is going to change your life style and everything. And if you are not financial stable then bitcoin is going to make you wealthy if you work hard. I don't think relying on bitcoin as source of income for your food, clothing, or rent etc, is a good idea. You must make Bitcoin as a second option in which it is an extra earning for you. You must find a job which is permanent and stable as in any time you suddenly won't expect that Bitcoin's value will change daily hence you will have a low buying power. |
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I would earn Bitcoin online and wait for it to increase its value. Right now I can't have any signature campaigns but by the time I can have signature campaigns maybe in 4 months time I will earn a significant amount compared to what I am earning through faucets. I also hope that Bitcointalk would still have a lot of signature campaigns by the end of the year.
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I am storing Bitcoin for now as the prices are still low to convert it to Fiat Currency. The prices right now has a low dollar equivalent value which is good for people who wants to add bitcoins to their wallet. The only wrong thing they are gonna do is to spend the money to early before the price of Bitcoin goes up again.
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It won't have a tremendous effect on prince increase because not all bitcoins have been mined yet. Also I don't someone like Satoshi will burn a virtual currency in which he is know for. If the supply is affected than it is guaranteedn that the price will really go up more than triple of the price today.
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I don't think that a Bitcoin who has a limit of 21,000,000 coins will live/exist on what you think it will do. For instance we have use gold,silver,bronze coins as terms of payment did it last for a thousand years? No they were replace by trading of commodities and now paper money. Bitcoin won't last if all the government unite and make Bitcoin identified as illegal money.
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I personally invest in penny stocks and ICO's.
Im not investing my bitcoin or my money either in to crypto currency im stocking them and waiting for the 9th of november what would be happen on that day they say that is like halving that turn bitcoin in 2 piece and maybe bitcoin will increase price for sure To all of the possibility and diversity of investments you have chosen Penny Stocks. Why? I don't get it Penny Stocks won't grow if you are really speaking of "investment" because they are the companies who just barely accepted inyo IPO, if you are speaking of investment you must invest in bluechips or if not go to companies with a big market cap. |
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yes i actively spend my bitcoin every time i have good enough amount of money in terms of bitcoin, i also do not have any investment here, my bitcoin is coming from participating in signature campaign and trading method.
True i also actively use my bitcoin in many games like buying loads etc goods buying foods and many more shoping online i use also bitcoin as payment with our utility bills and bitcoin for now is good enough to take advantage to the future and it has many features . Yes online shopping has become easier with bitcoin now and may be in future we will be able to spend them even physically at offline stores and that would a great fun of having bitcoins. And it also become easier for Scammers too, People who don't have Paypal tend to use Bitcoin as way of payment and they often send it to the wrong person. Because of how you can create a bitcoin address instantly without even verifying your proof of existence with that you can make many wallet addresses to scam people. |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
I still wonder where did you get those kind of predictions, In terms of commodities oil, gold, silver, and other precious metals and commodities are pretty stable this days in fact we have an oversupply of Oil that Arabian countries and Russian countries agreed to cut production. Also there are no hints that a global war will happen, racism is also pretty low in Asian countries. |
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will trade forex , that is the only way to make it double
trade in forex is subject to 40-50% marketing risk . a luck can make it double not the mind hardwork totally . since simple trade can make a better profit in this case . Or also the way to lose all of the 10 BTC. People think that they will earn automatically at trading even without studying Technical Analysis, that is the wrong perception/thought in trading in which leads to big losses of foolish people. Also 10 BTC is a big amount why are you getting greedy and hoping to double your money? Greediness leads to losses. |
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my life is not affected by bitcoins at the moment because i just hold it and i never spend it in order to make profit
Having a signature campaign disproves what you have said, even if you are holding bitcoin for nothing it will still be used in the future, it acts like your emergency fund in which you will be using if you need money in the future. Also you win't really see an affect in your life as it is still in your wallet. |
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I do not spend them in physical stores, it is difficult to find them in the country where I live. But I use bitcoin online to services like Steam and to make investments.
I never used them online as well, though i always wanted to do that but cancelled it again after looking at the shipping fees for my country and unfortunately there is not online stores in my country that accepts bitcoin as a payment. i never use bitcoins too, for me it is just an investment option that can make me some decent profit Using Bitcoins is still kinda sketchy for people as it is only accepted into new sites. What it needs is that it can be recognized by a big site such as steam, but the only problem there is its only a payment for games. What we need is a site like ebay in which paypal is generally accepted by almost everyone. |
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I'm using multiple Bitcoin Wallets ranging from desktop wallets to web wallets such as Coinbase and snapcard to store my bitcoins. I don't prefer wallets that change your bitcoin address every transaction because it is confusing to use since I didn't know whether or not if we can use the same address every time.
The Wallets which change address with every transaction, the previous wallet address can be used again as it is permanently associated with that wallet. Yeah there is no any problem in using that wallets which changes the address for the member after transaction to that address, just like xapo and I like it more because with that we do not need any bitcoin mixer as it do that work for me. Maybe he got confused about the blockchain confirmation page work. So many different wallet address that he might often see multiple transaction on just one confirmation. I also had that mistake at first I thought I was scammed but when I saw the tranasaction link I saw that the receiver is still waiting for the transaction to be confirmed 3 times before pushing through the sale. |
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