What is the best way to earn Bitcoin? Are faucets worthwhile or is there an easier way? How much can I expect to earn?
the best way to have bitcoin is to buy it while it is cheap! but the best way to earn bitcoin is to sell something and get paid with bitcoin in return, this can be some goods you sell or your services like programming skills that you may have and doing jobs with those skills to get paid in bitcoin. |
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Earnig bitcoin you are earning money, so you just need to earn bitcoins and you can make it in many ways, faucets, singature campaing, trading,mining ,etc.
The best way to earn is doing some trading and investing, the amount you earn in the faucets and signature campaign should not be spent on buying things instead invest it or use it as capital to start trading, that way you can maximize your income. you should be very careful when investing bitcoin there is a lot of scams happening in bitcoin investments and these seemingly legit companies always run away with the investors money. also trading is not easy either so don't think that you can just buy whatever other tell you and can be rich by doing it, you will only lose if you don't know what you are doing. |
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Bitcoin is barely 6-7 years old and hence we cannot consider it a big market. When it started there were very few traders and today, we have so many exchange websites and per day there are too many trades taking place and the transactions. I am happy with the market being small rather than too much competition and the price being stable.
Maybe it's not huge, but it's by far much larger every year on. All those startups and projects building up around bitcoin - it's just a matter of time when some of it becomes a huge success and drives both price and number of users up. It's not that important that it's not huge now, it's important the fact that it only gets bigger each year round. Bitcoin was far larger in 2013 than it is today. (Market cap, which is the only legitimate measure.) market cap is the worst way of measuring things in the market it doesn't really show anything useful and informative. you should only use it in combination with other information. besides the reason why market cap changes for example a big market cap in 2013 (as you said) is because of things like sudden rise of price and the pump that was going on back then by mt gox, this creates a lot of volume which then being multiplied by price give a huge number. |
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interesting article although i think investors were watching bitcoin for a much longer period of time that the article suggest and they have been investing in bitcoin for as long.
also halving is important, both in a sense that it reduces the rate of creating bitcoin (reducing supply) and also halving is like a catalyst that will rev up the process.
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It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
you sound just like kuakduckfuck, this rise like it or not has stuck around for long enough time with a good support so far. and even if there were a chance of going down it would have happened in the early days and would have gone back to 490 at best and then sprung back up to 600 but that will never happen. |
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i don't have any special plans for buying anything but i do care about my purchasing power or in other words the price of bitcoin and how much money will i have by holding bitcoin.
and most of all i would like to see more adoption because of this rise so other places like steam start accepting bitcoin so i can spend bitcoin there.
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I will make it double. I will gamble it and make a double profit in just two hours,
Everytime i gamble i win, i dont have tricks, its kinda a little bit of luck.
cool story bro. everybody knows that you can't win in gambling in long term, you may win for a couple of times short term but eventually you will end up losing. you should never make a rule out of an exception, a couple of wins with 100 satoshi bets doesn't mean you can always win and get rich. |
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Faucets are not a good way to make money. You're better off waiting for new altcoins to launch and helping promote them for bounties/rewards.
agree. waiting for new altcoins to launch and helping promote them for rewards is the best way. you can't help promote an altcoin that is bad and if the altcoin is good enough itself then it doesn't need our promotion it will grow itself, the only thing that you can do is to get in while it is early to make the most profit. |
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the long term investment in bitcoin is a 5 year or even more period for me. because i believe that bitcoin will be mass adopted in that period of time and the price will be much higher and ready to be used as a real currency.
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I play CSGO and I got some pretty expensive skins.
Kids in the game ask how much and where i got them from. Usually after I tell them I picked them up from bitskins.com some kid who thinks he knows it all about bitcoin chimes in on how much he thinks it sucks.
Its usually based off miss-information.
why don't you tell them about steam itself. it has been a couple of months that steam has started accepting bitcoin as a payment in their own system so now you can buy stuff directly with bitcoin from steam. |
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Most wallets that are opensourced and well-known are very safe. The most important factor is how you take care of the wallet. For example, if you value your wallet, you should not be downloading random and unknown software from the internet and accessing dangerous sites. Always keep a cold wallet that is generated on a clean and offline computer. If you need portability, you can try to use HD wallets.
i just want to add to this and say being open source on its own doesn't mean something is good. the second criteria is also important and that is being "well known" because it can be an unknown wallet with malicious code which nobody uses and if you choose that you will regret it. but that is a rare case though, all the wallets that are known and are listed on bitcoin.org are well known and multiple people are contributing to the code and checking it. |
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Do you think that bitcoin being unknown to other people and/or nation is a good thing for it?
all i can say to this is that it is not bad for it. but of course it is best if bitcoin is known and being accepted all over the worlds so that anybody can use it and if you for example travel someplace else you can still use bitcoin without the need to exchange your money to the local fiat of that country. |
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post your transaction or bitcoin address here so we can give you a sure reply.
here are the possibilities that come to mind:
- the transaction had a low amount of fee included so it is taking a long time to be confirmed : in this case you only have to wait or ask the sender to add more fee
- your wallet is not synced yet, you see the transaction but since it is not up to date it shows it as unconfirmed : in this case restart electrum or choose another server and let it sync, also check the tx on a block explorer to see what is its status to make sure.
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What is that like $5? Sweet dump...
like $14 apparently it is a different world in bitcoin-cny market! you see the topic saying dump and we check the market and see the price is almost the same $570 as it was before so maybe it is because of the difference of price (according to google 3875 cny is ~ $590) |
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I was wondering. In online poker you can't see anyone so there is no PokerFace like offline poker. What sort of impact does this make on poker ? Does it make it more difficult or does it make it easier ? I know for people who can't hide that online is better but what about those who are good at keeping a poker face and reading other players faces or body language ?
This question is pretty much for advanced players with at least a few months expierence.
this is exactly why i always say i like offline poker more than online on a casino. and also when you play online you can never know if there is a cheating going on behind the scene or not, you can never be sure that the other person is a real player or a bot that knows your hand either. |
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pornhub.com is only way to stay away from gambling
i don't know if you are joking or not but it is a funny one if you are. but it is not a good suggestion if you aren't because basically you are saying you should replace one addiction with another addiction which is also a bad addiction and start fapping which is worse than gambling  |
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if i were rich i think i will make casino instead of gambling  that is better because most of casino make the rules that is a good way of thinking. and that is the way that real rich people who have earned their money to the top are thinking like. they are always thinking about investing their money in a good way and earn more profit from it not just throw it away |
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check out c-cex.com they have many deposit and withdrawal options (okpay is one of them with 3% fee) they are so much better than yobit and you can find their announcement on the forum which they are active unlike yobit
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think?  I think it's too late when you buy bitcoin now for sale again after halving, but if only a small amount buying for unexpected needs and I think is alright friends. Thank you first of all i have to say that you are quoting and replying to a question that was asked last month and time have changed in this short time. but also i have to say right now it is late to make the biggest profit from bitcoin but it is not yet too late to buy and make any profit because the rise is not yet over and it is just starting. |
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you can try them out to see which one you are more comfortable with, you can even install a virtual machine on your system using VirtualBox or a similar program to test them without changing anything in your main operating system. this is what i did to choose the one that i like and is easier for me to use
my suggestion is electrum.
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