There are many ways to earn bitcoin and I remember when I was a newbie there were no campaigns available for newbies to earn bitcoins.
That was the case with me too, maybe there were campaigns when i was a newbie but i did not know anything about them or this forum, i just used to collect bitcoins from faucets that time, i used to earn less than 70k a day or 0.0007 btc a day, and now i earn 0.006 btc a day with just signature campaign. Signature campaign is an blessing for us to earn descent amount of bitcoins and it is far better in compare to wasting time in faucets where payouts are too low. |
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In this moment when price for bitcoin fell down cause of Betfinex hacking it's perfect time to invest in bitcoin. The price is low now, but slowly it getting higher, so soon everyone who are buying bitcoin by the low price can earn with price difference for bitcoin. And that way is the best for investment by my opinion.
The price fall back is just temporary, for wise investors they see this as a free opportunity for them to buy more bitcoins. Remember that it does not happen more often so the timing is very important for now, we have to buy more instead of selling because of panic. This is not he right time to sell as price is low now so if we sell now then we cannot earn good profits but if we can afford to hold it for next few months then it can be more profitable. I fully agree with you. There is no reason to sell your bitcoins now at this price. If you need money for spending I would advise to use your Fiat money instead. It is better to keep saving your bitcoins. The prices will rise again. Yeah spending at this stage is not a smart move to make as price is low and selling now will give you lower profits so its better to keep them on hold for the future. |
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for now i just hold them in my wallet, but i used to spend it quite often, but now when price jumps so often, i don't spend any bitcoin at all and i just hold them all
Me too im holding my btc for now and bought additional because the price are a bit low, so im expecting when the price goes up again i can earn. i choose not to spend it for something that is not really important its better to be wise. Spend it only if its an emergency or else just save it for future to earn good profits from it as price is not too high now so holding for the future is the best thing you can do with your coins. |
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That's going to be for sure in the future look at what did happened to bitcoin for the past days it really fall on it's stable price and but look what happened it is shining again. So, for sure it is going to have something to do with the good effect of it in the year of 2017. Just keep on believing and for sure it is going to be worth it.
It's just a price decrease because there is a reason so I don't considered that scene as a falling one. If the price decrease without any such possible reasons and really dropped for a larger margin then that was the time I have to think about my position. Well 2017 is just another year of bitcoin, nothing new. Yes and bitcoin will keep on moving as it has been doing so far and we cannot expect any big miracle in the next year, and only time will show what position it will hold in next year. |
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It is not big by any means, but the speculation and holding can be exciting. Waiting for the fork and the later or sooner
No one can earn a living by just holding his bitcoins because for earning a living someone surely needs a lot of bitcoins on daily or weekly basis so for that holding wont work as holding them for one week for give much profit always. It's one of my point. You can't do now your favorite holding the coins for price increase because you really need to convert your bitcoin in regular basis. All your main spendings will now be shouldered by your bitcoin earnings so whatever the currenct exchange rate, you are force to withdraw some of your saved bitcoins to be used in your daily spendings. So still it's better if you have another source to support your daily needs and let just bitcoin saved in your wallet. Its good to earn stable income from full time job and invest some money in trading bitcoins from where you can grow your coins on regular basis and if you combine earnings from both then you can earn a good living. Yeah just be careful where you put your coins. A lot may happen and we dont know when or better put it in many wallets and some backup in your own desktop. Yes and make sure that you are investing at a right place as its difficult to find any legit site a moment and if you don't want to take any risk then just keep it safe in your wallet. |
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You will get rid of tax only if you are able to spend bitcoins everywhere to buy anything and if you will prefer to transfer your bitcoins to your bank account then you need to pay taxes at the end of financial year.
Agree. Also even with a direct purchase from merchants with the use of bitcoin, all products there are already taxable so the suggested price in bitcoin is the srp + tax. Products are taxable in every country so in order for the merchants to have some profit for it they will add some value for that said product. Yeah and I think at this stage buying anything with bitcoin is not profitable as usage is limited to online purchases and shipping costs are huge and not affordable to majority of us. |
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I am Using it as an Investment Because I Am Doing Bitcoin Trading and Sometimes I invest My Bitcoins in Various investment Websites To Earn A Good Income......
Using bitcoin as an investment is good as everyone is looking to make profits from it but you also should use it as a currency to make it more stronger and powerful currency. Agree and a currency that is being used globally will result for a good and strong currency with best foundation. And besides, bitcoin was made because of it's currency purposes and not as an investment. We just need to use it as an investment so that it can become popular for other people. I think bitcoin will become more popular if it is used as a currency and if there are many shops that start accepting bitcoin as a payment then it will draw more attention of people. |
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i know there was a time when bitcoin price hits $1100 and on this halving period bitcoin again reached $660 so it is a gurrenty than bitcoin will again rise to somewhere like $600 - $1000 or maybe even more. I just know it is possible and i am just holding myself for this ride
Yeah that is the right thing do, price is not too high at a moment but in future it will be lot higher so its better to hold our coins for the future. |
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It's not hard that Bitcoin reach the 2000$ level soon, but that's need some time frame, i think, may be a few other months at least.
Not possible to determine the exact time to reach there, but bitcoin definitely has an potential to go beyond that in future and may be it will touch that price in next year. |
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i think you might invest it into something legit like genesis-mining, it would give you small money only though i think it is still better than nothing
12 btc is a big amount, just hold it in your wallet, my suggestion is that don't make any investments as investments bring risks along with it. My advice is gain more and never lose even a little bitcoin. If you want to gain more then you should invest it and I think trading is an right place to invest your coins as eventually you will grow your coins in long run. |
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The bitcoin price of $640 to $700 is still very cheap compared to the price in a few years, it is better to buy now.
Lol you must have a magic crystal ball somewhere in your house, you speak with such certainty  I keep my fingers crossed that the God of Bitcoin sees your comment and make it come true. Seriously though, it's not really possible to know how things will play out, you just have to go with your gut feeling. i think the trade also requires a feeling for what you do is the prediction ? certainly prediction requires the calculation of the real market price, to forecast one year ahead I think it's still very difficult to be guessed, so no one will know that prices will actually rise in the next year, if you want to invest in bitcoin you have to take risks,, Exactly investing in bitcoin involves risks and no one knows what value it will hold in future, but we need to take those extra risks at a moment to become rich in future. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
i think that it is better to invest in gold or bitcoins for example as thee two have huge potential to have huge price rise in near future i think it is different for gold, i think gold has reached the maximum point price, you can see the price of gold will be difficult to return to the price of $ 2000, maybe the price will not be more than that, and to invest in gold i think it will be quite difficult in the appeal bitcoin, im sure you will be trouble when going to buy or invest in gold with a large amount of money,, Why don't we invest in both of them to grab maximum benefits, either of one will give us best profits in future so I will prefer to invest my money in both of them. |
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I'm thinking that some amount of maybe 100 in bitcoin would be enough for retirement
Yup that is an really good amount to have for the future, we don't know what will be the exact price of bitcoin at that time but 100 btc will be enough for retirement. |
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If you want to earn it really fast then I think gambling is the only way to get there but its the fastest way to loose it too, so its better to find the safest way to earn it.
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trading (only trading at the moment)
this is the same for me.. i both trade and work for my bitcoin.. hype, ponzi, cloud mining, perfect ways to lose money.. Trading is also an way to loose money if you don't handle it smartly, but still it provides you an opportunity to earn some profits from it if you have knowledge and skills. |
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I hope we need to have many bitcoins to get rich, for that we need to do lot of investments, if you really want to be rich better go for altcoin trading with some investment in other coins, buy at low price and sell them at higher.BTC
True to be rich in bitcoin we should have to make an investment because it can be used to double the advantage. The result very much and if we can make investments with both of us would be rich. I think it does not have to? because you can still get a profit that doubled without the need to invest. Do not be too hard to invest because the investment will pay big risk and maybe if you impose maybe you'll get a great loss. We need to do great level of research before investing as nowadays its really difficult to trust online investments so its better to invest in real world. |
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A businessman use them both. So theres no a competition on which of them is best way.
How can you make money without investing? How would you invest if you didnt save any amount.so both of them is important.
Well, I'm a businessman, I guess you're right, because I do both. possible for maximum results you need to invest everything you have, but to reduce the risk you need to save some money you have. I've been doing it for a long time, and yeah I guess everything goes according to what I think, although many obstacles when living it. Yup life is not an easy journey you will be facing many problems and some of them would be unexpected and at that point of time your savings will be really helpful to care of it. |
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If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
Yep it's already international currency use in many country, but if you want to use it in an ordinary store,market or for your daily needs you need to change it to Fiat .if you don't want to change it to Fiat buy it on online stores bitcoin accepted as payment. You cannot buy everything from online stores and buying online is good for those who are living in USA as goods will delivered to them free and fast, but same doesn't goes with other countries. |
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No bitcoin cannot replace the money because money is everywhere we use it everyday to buy food and anything that we need in our daily life. So its hard to replace it. And it could not be happen. Money is important to ppl and we can never exist if we do not have money.
If bitcoin will accepted by every store or in it is use as a direct payment method in every country then what would say ? Would it replace ? It is not impossible but it takes very long time to happen. Even if it gets accepted everywhere in future even though fiat will not go anywhere as most of the users are comfortable with it and they will not prefer to complicate things by using bitcoin. |
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If the price of bitcoin were similiar gold, with lower volatility we would for sure had much more people using it. But several people get inside bitcoin because its huge volatility.
Traders will never prefer stable price as it will take away their profits, but a normal users who are willing to invest their money in bitcoin would be satisfied with price stability. |
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