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It is much of a choice for everyone. If you really are into alternative coins then you should seek some help with the people here that are good with this kind of things. Also, they might add up some advice for trading and maybe freebies if they want you to try their own coins. Do not be shy to ask. This forum is really for that. To share our ideas.
For now, I am not good with altcoins, just going with the trends.
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yes there is no doubt about this that bitcoin is already an international currency as you can see people in this forum from all over the world.
That is true. However, they say that it is not due to the lack of popularity of bitcoin. It is not widely used as a currency but just an investment. If we are to change that way of thinking maybe it can be said as a true international currency. |
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a lots of things are already been provided i guess much better to keep seeking for the things that you are familiar with or the things that get your interest because while holding your bitcoin its already moving make it to grow more would be your decision in which way you choose, trading ,lending ,gambling those are the most common look if what interest you most mate.
There is no need to complicate everything because by simply holding your bitcoins you can already grow the value of your bitcoins but not the number of your bitcoins, the other options need time for you to do it successfully like trading which requires you to be active so you will also be updated. Holding will give you profits only if price goes higher in future but it will never increase the number count of your coins and if you want to grow them then you should take help from trading. its really good idea to hold your bitcoin for higher price and bitcoin is really increasing its price too much so its profitable , and you are right prefer to trade because trade can grow up your bitcoin and i also growing my bitcoin through trading and other online tasks. But you have to be careful with that trading industry. There is much to learn first before doing it live. You could start with a little capital to avoid regrets. |
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Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!
The safest way to sell your bitcoin I think you must search an exchange site platform which is not being involve in any controversies or issues before with that you can assure to yourself that exchange is safe to sell your bitcoin like Poloniex. Poloniex did a great job converting some users to their website to invest. But still there would be flaws that might create an instant end to this website. Better make an offline wallet for your own safety. Regarding the selling, if you are going to do it fast then there wont be a problem. |
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i think that strong of bitcoin is not against of bitcoin because there a lot of people are buying bitcoin and then hold or storing their bitcoin for the future because bitcoin will be increasing its price too much faster in the near future and then i hope we will be get a big profit from bitcoin.
Storing bitcoin is actually going to make the transaction rate become slower and then if too many people store bitcoin without spending it's going to make bitcoin price become weaker, so storing bitcoin has some effect on the bitcoin itself the demand is going to change the bitcoin price not saving bitcoin! when you save bitcoin (store bitcoin and never spend it) it means you are taking some of the supply and storing it away from the market and as long as there is a demand buying bitcoin the price would even grow more. That is the truth. Keeping it away is different from just investing in it. There is this market that will still sell to those who are demanding some. It will circulate to different investment group but not stocked at their pockets. |
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The same as you all who love bitcoin. I hate to admit it but it is true. A lot of organization is making use of it for different kinds of bad things for their own profit. It is sad but we cant do much about it.
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The question.
Where the hell did they get that idea?
Is this some kind of a movement to make people get the wrong idea?
I am using bloomberg with my work so I thought they are right as always. But now?
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i don't spend bitcoin that much all i do is hold my bitcoin because i have a dream i want to become it true before the my birthday comes it only a few months and i want a new phone  iphone is one of my best choice im trading my bitcoin also to gain more bitcoins. Ohhh cool. Saving for giving yourself a gift. Well, we could do that here since it is easy to earn. And if you will doing it for a year then you can have more than a phone.  I want to gift my self when christmas is comming because i have a dreamed before that i really want to achieve before the year ends or maybe after the year 2016 i want also to have a new iphone and new laptop maybe if this happen then im a happy kiddo. Well that is cool. There is a possibility that bitcoin might get a good rise in this upcoming holidays. If you will be doing great in creating more to save it for that date then you might hit that prize you are aiming for. Good luck to you. |
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If there will be a possibility then I wont vote for that. It will bring chaos to the financial industry for a long time like a war is happening. High profile people who are owning a lot of money will get mad with this decisions.
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I have dreamed a couple of times about getting rich with bitcoin but then short after that I wake and realize that I am not rich with bitcoin. Maybe it is a sign that I will some day become rich with bitcoin in the future. That was funny. It happened to me also when I was just starting and really got excited thinking of ways to profit from bitcoin. I guess it really do happen when you are too hooked with one thing. |
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Each of us has different spending habits and patterns plus we have different incomes so the best answer to the best way of managing money is up to the individual. If a person can live below his means, then he can save more than those who earn bigger than him but spends everything and more. Managing money involves a lot of discipline and wise decision making on what are important and what are just unnecessary expenses.
You mean contentment. I dont think that can happen. The greater your money will be the more you become a spender. I dont really know the explanation in that but it is true. I think we are created that way. |
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Why? Because most services which accepts bitcoin now are not asking about my name, address or credit card number.
In addition I am sure that no one will hack their data base and steal my personal data, credit card and use it later.
Is that enough?
No. I think that is not enough for OP. Maybe some people are always expecting for something more and doesn't appreciate what's already there. They can't get contented easily. How would we know if he aint answering anymore. It might be enough for him. I think that those datas will be needed when you are owning a great amount of it. So you couldnt hide from the government. |
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I was asking myself how did I get into bitcoin and I took a little to remember. The very beginning was when I was about to buy a graphic card . . . . I was googling it and find about bitcoin I was trying to got bitcoin but I was very hard to earn bitcoin.I was away and now am again come back....
I god in to bitcoin because of a college of mine he was always busy with bitcoin and this one day I asked him about it. He then took the time to explain it to me and I made us of it for my self. Whoa cool friend. Same with my experience. A friend explained it to me that is why it didnt get hard for me to be get used to it. He explains every detail and everytime I have questions he would patiently answer it. |
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We can if we will cooperate but I doubt it will happen. Different point of views are the reason it wont happen. We got our own reasons why we are here. Some just buy and will keep it. Just working hard at a day job to add some more. Some for spending and some for fun.
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She is right. Spend it. Make use of it. Dont let it rot on your wallet.
I am sure there will be a lot of changes when this things are done but it will be impossible for most of us here are for investment.
We have our own opinion and we respect that.
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No. But it can become the world's history. If something good will happen that every people will know about it and somehow use it then it can create a worldwide mark. But we dont know if that can happen.
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A good laugh. Lol. Kids will not going near you once they see accepting only bitcoin. They might even curse you. Or the better part. Their parents will have to buy bitcoin to afford the said lemonade which will be good for bitcoin industry. |
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For me the best way to grow my coins is from trading as I am a full time trader and I am growing my coins with it since long time, sometimes I also go through loss too but its an part and parcel of trading I guess.
It is not really a guess because you are completely right. Losses will be there always and we cannot stop it for we are not the one who is in control and not all our predictions and instincts will be right. |
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I do believe bitcoin has achieved those status of internation currency already, countries and a big part of the population hasnt recognized it yet but we are able to send any ammount between countries soo its just a question of time till bitcoin be accepted and recognized.
It is already used as a international currency but as of now there are still flaws that needs to be furnished because there are still many countries that are not yet accepting bitcoins. But many are already using it as a gateway of transacting to anyone in the world. So it is good to be considered that bitcoin is already an international currency. Yes. A lot of subscribers are still getting the bad idea about it because of those flaws. Questions that are hard to answer or would need a lot of time before it is fully explained. That is one problem of being international without a lot of popularity. They dont trust it much or they will easily doubt it. |
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Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
Yeah if you make a loan in loan service provider you must includ or give an a valid collateral to make your loan approve like in this forum but if you make loan just consider that you are borrowed is you can pay for it to dont get any problem. If there will not be an escrow then I think the better way is to have valid id's shown also if the loaner or borrower just wont mind. There have been a lot of scams with this things. Maybe that could minimize this from happening over and over again. |
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