It is better to hold your if you don't have any plans on spending them because you have something to buy and so on. Since we all know that 's price is fluctuating everyday, it is better for us to wait till its price go beyond its last price just this first week of January, which is almost $1120 if I'm not mistaken. In this way, you can have a larger profit rather than selling it right now.
although is now also at the good price but i think wait for the chinese new year it is the time when it gone to rise it price to the next level..... I also have been heard in coming chinese new year bitcoin price will crose $1000.There must have a possibility it will happen as i personally believe that 2017 will be very good years for bitcoin.This means that the bitcoin price are increasing mood ...as the possibility according to the report. yes we can hope that 2017 will be more good for bitcoin as compare to 2016, in 2017 bitcoin will be more stable because the users of bitcoin will also be almost double as compare to 2016 as people are joining bitcoin in a large number. therefore we can expect that the demand of bitcoin will also increase and so the price will boost. |
|
|
|
|
want to join this signature campaign.
BitcoinTalk username: whizter
Forum rank: Sr. Member
Current post count: 436
BTC Address: 1GRAZcdZ1qGjs7nSyD5mVmF1e1TPFkNBF1
Wearing Avatar : Yes
|
|
|
|
Theatrically it is pretty possible, but where to take all this bitcoins? They get spreaded over the world. But I think if someone will Stewart to buy bitcoins the price will rise and every new bitcoin will cost more than the previous one.
yes that is a fact that it is not such an easy take. we can see that bitcoin is distributed in all over the world, i think it is not even possible that all the bitcoin to be release. |
|
|
|
Bitcoin may be replaced by a different technology or be superseded but it will take a very long time as Bitcoin is a pioneer in this technology. I think Bitcoin is here to stay for a very long time as paper money has been around for thousands of years.
You can understand Bitcoin by thinking of it as another evolutionary leap, an improvement over fiat money just as fiat money was an improvement over gold. Bitcoin is portable in a way that no other cryptocurrencies will overcome bitcoin anytime soon. May be others follow it
i think bitcoin is not going to replace by any other currency, because bitcoin is one of the most popular currency of the world. and i think it can merge other currencies in itself but will continue its position and will merge other countries and coins. |
|
|
|
I wish people wouldn't support taxation of marijuana so strongly. Do they realize their legalized weed would be much cheaper if it wasn't heavily taxed? Bitcoin is the same.  I think you misunderstood the topic. It's not about taxation killing Bitcoin but rather the other way around. With Bitcoin it's easy to evade taxation, but since most people don't use it yet it shouldn't be a big problem for the governments, for a while at least. but i think it is already a problem for the government. because government have to turn bitcoin as legal currency first, and after that they can impost tax on bitcoin, because there is not tax on illegal thing. so if government want to impost tax on bitcoin they have to turn bitcoin as legal currency. i think it is not such a big problem for the government, if government wants they can turn bitcoin as legal currency, and then they can easily put tax on bitcoin |
|
|
|
No, I would not burn them just because they go to zero. If this case happens, Bitcoin must be hacked or have a huge security hole or something else. So it would not make sense to use them anyhow at all. If it is secure, applicable and useable then it will never have zero value.
i think this sentence do not keep any sense, how can a person burn his bitcoin, to me i think if you keep your bitcoin in a wallet consider these bitcoin as stolen by someone or just lost the key then you can really gold result from investing bitcoin. |
|
|
|
I am a coinbase user about 2years past.Still now ,i am using coinbase wallet. i have store my coin in online wallet.When i earn Bitcoin,i sold them for local curency and sometimes i take recherge from online using my coin.Now a day's i am thinking about store my coin.Because i wanted to be Bitcoin trader.Desktop or hardware wallet are best for stored bitcoin i heared it by this forum member.But i have no idea about those wallet. But i will learn quickly using those wallet. those wallet are fully safe and secured.
I tried few desktop wallets, Electrum seemed pretty much best and easiest to use, very friendly, and maybe somewhat basic userface. For hardware wallet I only tried Ledger HW1, I was also new at this, but with little help from internet you'll learn it really fast. I think there is official video on their website, and also you get manual when you order it. If you gonna use bitcoin for trading I dont see problem in keeping some small amount on exchange. to me i personally stores my bitcoin in online wallets, according to some people online wallets are risky and there are more chance that your wallet will be hacked and your bitcoin will be stolen. |
|
|
|
2017 will not be a good start for bitcoiners that want to try and learn about bitcoin.
cause the price is higher than any other years, also the change of price too unpredictable that may suffer loss
i think that bitcoin will be more better in 2017 as compare to previous years, because in 2017 the number of bitcoin users will increase more and more and hope that bitcoin price will also increase too much hope to cross all time high price record of bitcoin also. |
|
|
|
For me, the biggest dksadvantage of bitcoin is; it is not widely accepted. Infact, some countries are banned this kind of technology. If you want the list here https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country. Second, it has no physical form. You cannot spend it ti any physical stores. Only few stores are accepting bitcoin. You need to convert it to cash in able to buy. Third, bitcoin can be lost. Just like physical.money, it can be lost. For example. You have stored your btc at your pc, but the pc crashes. Your wallet is lost and also your btc. i think still no country has banned bitcoin although they also have not yet turn it as legal also. but still people from all over the world are using bitcoin continuously. and hope that they will continue using bitcoin for ever. |
|
|
|
I think the best legal things to earn some bitcoin, is trading also I think the best illegal things is trading too.
But there is a difference about trades. There are legal and illegal things to trade for example
Legal: electronic product, clothes, etc.
Illegal: Drugs, real Hacking tuto, stolen cards, how to scam peoples, sex services etc...
yes i also think that trading is the best and legal way of earning bitcoin. i think there are so many other legal ways of earning bitcoin for example if you are a good designer then you can really earn money by designing signature for signature campaigns. |
|
|
|
Bitcoin is the best cryptocurrency
Won't call it the most secure but it surely is very secure
Not the speediest.
Is the most precious at the moment and would probably remain there.
bitcoin is cryptocurrency first appeared and popular, so I think until today bitcoin is still the best of all cryptocurrency. if you want to buy something at an online store, and if they accept cryptocurrency as one of the tools of the transaction, bitcoin surely they will receive, because bitcoin is best cryptocurrency today. If an online store is accepting a crypto currency in 99% of the cases they are going to accept bitcoin, so there is no doubt bitcoin is king when it comes to awareness in the crypto world and it will remain like that for a long time. yes the number of online stores are increasing day by day, and hope that very soon all most all the online shops will start accepting bitcoin and hope that bitcoin popularity will be increase from time to time. yes that is a fact that the number of online stores are increasing but i will also add that now in some area people can use bitcoin for shopping even in their local shops, i think it is really a good progress and hope that the number of shops who accept bitcoin is also increasing too much. |
|
|
|
I don't know for sure,possibly because bitcoin is more sophisticated, simple and can be used throughout the world using a small fee.
Transparent and neutral, Payment freedom, Fewer risks for merchants, Security and control is a service provided to users of bitcoin
And also its a great investment to hold while system progress more and more people already looking and considering to invesr with btc just like having your own bank inside your computer or smart devices and with a lots of trend for sure the price will be keep on rising up with more adoptions to come. yes that is true that currently bitcoin is one of the best investment, because it provide you opportunities to earn a good amount of bitcoin in a very very short period of time. and one other investment can provide you such opportunity. |
|
|
|
It's not a daily use item for me because i have such a low amount that can't be use multi times so I use only when I gather enough amount to spend on something. But it's my daily routine to earn money through bitcoin but not too use it as daily basis.
although i have a good amount of bitcoin in my account, that i am earning from trading alt con, but still i cannot use it for my daily use, because in my area i do not have the opportunity to use bitcoin for shopping in our local shops. |
|
|
|
The government will never have a power to tax a bitcoin transactions because It was a decentralized system it have a Transaction fee but it's too low that you cant even feel it , those fees will go to the miner who process your transactions
yes that is right but to me i think there is no tax on bitcoin because the governments have not yet recognize bitcoin as legal currency, therefore they cannot put tax on illegal currency. i think they will put tax on bitcoin when they will put tax on it. but still government may still be thinking how to find way to impost tax on bitcoin. may be they turn bitcoin for the purpose of to impose tax on it. but i think still it will take some more time to turn bitcoin as legal currency . |
|
|
|
I think the better thing to do is have a day job and just buy bitcoin from what you earn. Then do some research on how you can make your bitcoins grow by virtue of investing them. There are really many ways to make money from bitcoin, it is just a matter of finding out what you are good at and offering it in exchange for a bitcoin.
but those people who do not have day job, or those who are disable and cannot get a day job then it is good opportunity to make money from bitcoin by collecting it, so it is worth to spend time and collect some bitcoin. |
|
|
|
The legal ways to earn bitcoins are investing, signature campaigns, freelancing and borrowing. While the illegal ways of earning it are gambling, stealing and the worst is scamming.
I agree with you about the legal ways that you suggested but I don't assume gambling is an illegal thing that a bitcoin user can do. Gamble is just a game and accidentally it makes you addicted to it and you can hardly get out of it, but it doesn't mean that it's illicit, it's all about how you choose to deal with it. And do you really think that the worst thing is scamming? I have seen many bitcoin users selling child pornography, offering hitmans, trading drugs, etc. with bitcoin on deep webs, and those things really freak me out  I agree with you about gambling is not illegal because they have licenses to run their business on their operating country it will be illegal if they dont have license to run a gambling site. Earning thru hacking and scamming is the illegal way to earn bitcoin they are consisting of hyip sites that telling people that their investment will be doubled without risk. yes it can be legal in some countries where you can run a casino or play gambling on licence, but in some countries and religions gambling is consider as a sin and is totally illegal activity, and where if some one caught involve in gambling then will be charge of it. |
|
|
|
If such thing happens, nothing can be done. It goes wasted, similar to a person who threw his hardware wallet into the garbage in which he had saved more than 7500 bitcoins. And in a short term when he searched for it, its been destroyed. Better is to understand its potential and make it understand to the future generation. So somehow it gets used.
so if he share his wallet key then he can get his millions of bitcoin, and can distribute it in his family, but if no one has the key of his wallet thin there is any other way of recovering his wallet and all bitcoin will be wasted. |
|
|
|
You can store your Bitcoins on your computer using hardware wallet but I.don't know how clever that is. If your computer get infected with some virus or similar your coins will be endangered too.
There is no wallet with absolute protection so to avoid th complete damage I would split the coins in multiple wallets, icluding online, hardware and others.
Well, storing coins on online wallets is even more risky as you do not have the private key and it the Site goes away, all your coins are lost. On the other hand, if you have desktop wallet on your computer and you have saved your private key somewhere like paper etc, then no matter how many times your computer crashes, your bitcoins are safe always. yes online wallet is really to much risky, that can any time hacked, therefore you can also store your bitcoin in your desktop wallet in your computer that is more safe that online wallets. i personally keep my bitcoin in my desktop wallet. |
|
|
|
This is the second time I have mentioned this today but thought I would say the easiest way for me to get free Bitcoin so far is to play Texas Holdem. This site has 2 free rolls going all the time. Even if you don't know how to play its very easy to learn and you can earn .013 btc if you win the 6 player game and second place gets .007 btc and it is completely free to play! They are trying to get more people to use there site and have the freerolls to do so. I can easily make .05 a day without rely trying to hard and it is quite fun. They have payed me out twice so far. They also have Wensday freerolls and I won a $20 dollar amazon gift card and about .3 btc in it a couple weeks back. Try it out. Here is my referral link. You don't have to give them any information unless you want to also. https://secure.btcontilt.com/register.php?referred=CanenI think this link is no longer functioning about free bitcoin. This means only that most of the free bitcoin is not a long term basis when you try to play it. I think there are few legit sites that are giving a free bitcoin for real. i think the best way of earning bitcoin is signature campaign, where one can get free bitcoin according to their account ranks. so those people who do not have any money they can also be a part of bitcoin community and can earn bitcoin without investing any thing. |
|
|
|
|
Show Posts
