If bitcoin developers wanted us to still mine bitcoin using GPU or CPU they would kept option to mine BTC in Bitcoin Core client.
But they removed it in recent version. And for me it is a sign that individual mining of BTC is dead. Focus on altcoins if you have to mine.
Individual mining is still possible but not on a regular high specced PC. Mining bitcoin would require ASIC which could definitely mine bitcoin but same as other said its not profitable anymore unless if you have free electricity and you have decent amount of money to invest on a mining farm which could make you profitable but in CPU and GPU i think its impossible already but on mining altcoin then its possible as of now. |
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For those who are not updated to the bitcoin price well I just post these for additional information of others And now it reached again the barrier of $700 in https://www.bitstamp.net/ And the current price now is $702.94 as what we expect it will increase and increase until the halving. So come on just wait and relax. It will reach its highest price this time.  Cheers! i believe that everybody who has at least a couple of hundred satoshis is up to date with bitcoin price and they will at least check the price once everyday. there is always preev.com for a quick check on a light and ad free site. I dontt think we will hit the 700 dollar again because i know what the price of the bitcoin is right now and i dont think he will just rise that much 100 dollar in a couple of months is to much sorry. You have a point but still $700 price point would be achievable as we can see on the current state of bitcoins price its nears $620+ as of now it maybe gradually increase or decrease no one really knows but for sure it would hit back again on 700 and thats the thing almost of us are waiting for. |
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I don't think that borrowing can be useful as you have to give back more
Borrowing doesn't necessarily mean you only get 0.1BTC and hold it there for one week. Most borrowers are investing their money or trading with it, in order to earn some profit out of the borrowed sum. Of course you are not going to borrow just to hold it. You need to cultivate as you are going to make the borrowed amount as your personal capital for your investment especially trading. Because the longer you are not going to be able to pay your loan for sure the interests rate are going to get higher and as well as the lender are going to get mad. And you must force yourself to have a good output of it since you have to pay the debt. Although in most of the cases that loan uses for investments are under the long term loan contract, it's really a must to maximize all the things associated in your chosen investment out of your loan. Yeah because if you are not going to do something that is going to be able to maximize your earnings with the amount you have borrowed then for sure you are going be in deep debt if you are not able to pay and follow the contract under the agreement with you and the lender. And you must follow terms and conditions applied. Its just a commonsense thing that we should work on the loan amount so that we could able it to grow in able to pay our loan together with interest because if we dont make such actions and plans to diversify the loan that you borrowed for sure you would have a hard time same as others said. Well yeah it is your task to pay the bitcoin that you have borrowed regardless on how much would be the interest rate that lender is going put. Because when you are craving to borrow bitcoin the lender trusted you his own bitcoin juts for you be satisfy and that is going to be a good return that you are going to satisfy the lender. On building a trust between you and the lender you must pay your borrowed money from him together with interest so that on future when you intend to borrow a money you wouldnt already have a hard time to borrow next time since you are already been trusted by the lendor. |
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Firstly,I'm very glad to say that, part of this forum.Today I join this popular crypto currency forum.I'm so happy. can it's possible for me earn some btc, my starting day?
If possible can anyone express your opinion.
Thanks All
First of all, Welcome to the community. Regarding to your query , you would definitely earn bitcoin here in this forum but first you must go first to beginners section to read some important stuffs that you must learn first then after that if you are already aware on the rules of this forum you could rank up your account take time to read and learn. There are really lot of ways to earn money here.Its really up on your preference, the most famous one is joining signature campaigns. |
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Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.
Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities. Yes and I think that nowadays bitcoin is used more for illegal activities as it offers privacy to its users and people use it freely as they don't have to disclose their identity. Anonymity is the main purpose why bitcoin is being used in illegal activities that are happening on dark web which is commonly used on buying drugs and other illegal things. This characteristics is truly an advantage when you do such thing because you would be hardly to be traced by authorities thats why criminals and other bad guys out there sees it as an advantage. |
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No I do not spend any bitcoin in my real life right now because its just that I do not want to spend any bitcoins right now.
I want to make some good profit so that is also why its important right now.
Well me either I am just holding my bitcoins, I stopped spending my bitcoins in real life because I am hoping to get profit when the price is going to increase. And if that happened already, then that is going to be the right time to spend bitcoins in real life. Probably I will going to cash it out first and going to buy things I need. Think alot of people have the same mindset and that's why prices often are stable cause we are all just holding for the right time but the right time won't come like that if we all hold our wallets tight. But i am to blame too cause I'm holding for a while now haha. For sure most of us are just holding our bitcoin but there are still some people who trade and sold their bitcoin which i actually see that spending those bitcoin would really help on bitcoins ecosystem to grow but in reality majority of us is waiting for the right time to sell all our coins when the target price is reached. |
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How much money do you make from trading ? Your expect and result, Also never forget to tell your principal
Thank you
I don't know whether it has the same topic like this before or not if yes please post here,
I start trading in very small amount then i roll it in a short trade for me to grow my bitcoin but in a wrong move i buy a coin that i thought is gonna be increase soon but that coins is dead until now so my capital get deficit but i do short trade now so i restore my lost in that coins. So my small amount is now increase. From trading im only losing but this is because i just do it for fun and am still finding my way in the trading world. I dont lose so much cause im trading with small amounts to teach myself what to watch out for etc. hoping to trade with bigger amounts soon once i start making profit with small amounts too. Trading for fun? But this is money, well bitcoin is viewed as money for many here, and nobody I know plays around with their money. The way you put it, it sounds like you are gambling with your money with your trading strategy.  No one wants to lose their money in any way whether it is trading or gambling. Fun is there in both gambling and trading if your are winning  If you lose your bitcoins, all the fun will be lost  yes it is a fact that no one wants to lose money but winning and loosing is a part of trading, although i never measure my win or loss but still i will like to say that my winning percentage is more that my loosing percentage, because i have made a good amount of bitcoin through trading. Well im glad to hear that there are people who become profitable in trading which is really possible especially if you have good trading patterns and ways and you must be also knowledgable about this things. We cant really make perfect everytime but in proper decision making and good skills we could possibly do it, |
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Easiest way for you would be to buy bitcoins while they are cheap and sell when expensive
I think you did not read the OP or the title of this thread, where it is clearly mentioned that the amount is in bitcoins, so how come he can buy bitcoins with bitcoins? Though he can start that process by selling his coins when the price is quite high and then start trading coins when the price comes down. I agree with it trading is going to be a good way to make money with op's capital of $100 and that is going to be enough already to have some good profit. And that amount is going to be acceptable to be an invest that is going to be affordable to lose. But of course let's just forget about losing instead let's think more and focus more on how we are going to be a good trader. Honestly its repeatedly people are suggeting trading is the good place to invest but its not the only way to invest our money. if you are looking for a profit you can try make your own business or blogging and monitize your site that you can earn bitcoins depends how you promote your website. True, people here are saying the same thing which is trading is the best way, and you are correct there are lots of ways to diversify your $100 on internet world but mostly people here are talking about cryptos thats why they suggest the same thing which is trading altcoins. |
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Shortly speaking quite a lot. No I think through altcoins you can not do this. I can help you get 10% profit in two days, but the BTC amount must be lower, let say from 100 BTC - so you receive 10 BTC in two days. I sure about that, maybe in fact until this time there is no a people is can reaching 1000btc just from the trading and i think that is just not impossible for a scammer or hacker. Hashocean scam a lot of mining investors is their bitcoin reach in 1000btc? we couldnt know but in my opinion they reach that amount of bitcoin also hackers! professional hackers could hack big website or all of the bigwebsite and we sum upp all the money that they get then it could reach on that price Unless if you are really a good hacker that could almost hack every sites in the net then 1000btc would be easy for you for sure but as we all know that those skills are very rare and also if im given on those kind of skills i wont really bother to use it on illegal purposes it better to do legal things rather than on illegal. |
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Trading is very unpredictable yes but i dont think anyone claimed something else cause its widely known thats theres no way to only win.
I was trading alot and also came to the conclusion if you dont have luck you get nowhere higher up i feel like i can compare this to poker.
Ofcourse trading is unpredictable but it is still not as unpredictable as Gambling itself. You still have some better chances of gaining the profit as you can you use your mind to invest in good coin at a right time and not totally blind like in gambling. Gambling and trading is somewhat the same in terms that both have the same risk on lossing up money but same as you said in trading you could actually lessen the risk on trading it smartly and a good trading way for that you would possibly make good results unlike gambling that it doesnt require any skills. I don't agree on gambling that not requires a skills,cause i played gambling like poker which needs skill to win and my opponent was a computer or the other hand a true people who plays as my opponent. What are you need for playing in gambling site, are you need for doing a gym before for making a stronger?or you need for learning some theory for gaining a new theory for playing in gambling? All of that is just useless things, in fact, if you're playing in gambling you're just wanna for clicking the roll button and wishing you will get a luck for yourself. Well we could actually generalize that gambling is a matter of luck game and it doesnt require any skills but mate believe it or not there are some gambling games that would require skills like on poker, sports betting and also it really needs luck to win, compare to dice games and slots which really depends on your luck though. On trading its really an unpredictable job since we dont know where the price would go and when. |
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It would be good to store and wait for the price to go up. It may go up quite a lot in the coming years. However , if you know a lot about the market you could trade and probably make daily profits.. For this you need to have a good understanding of how the market works.
Yes but do not invest all of them in trading, keep something as a back up so even if your trade doesn't work for you, you always have an spare money which will help you in future. i am going to hold all the 10 bitcoins and not to use it or invest it any where, because the price of bitcoin is expected to increase so much even reach to 1200USD very soon, therefore i think it will be a good decision to hold bitcoin and not to use it any where. This is my goal to that the price of bitcoin is going to reach $1,000 and above. And if someone is going to give me this amount of bitcoin then I will just going to keep on holding because I know it is going to get profitable when I will going to hold it for a long time and the price of bitcoin is going to increase by that time and after that, that's the time to think about how I will going to use that amount wisely. In my opinion, I guess the reason why OP asked this is because he/she was looking for someone's idea how to grow his/her 10 bitcoin. Now, if we just hold it to our wallet with no action whatever to make it grow, then it defeats the real purpose of the OP - he/she can hold that certainly with no need of much help. True, op wont have the plan i guess to hold his 10btc for long terms and he wants to diversify his money so that i would grow thats why he needs an advice on the members on this forum. Well in the topic he just assuming if he give us 10 btc then what we should do? then for me i would definitely find good investment to put my money on. |
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I'll buy as much as i can. I suppose btc will rise again coz guys like me will try to buy it on low )
You are right about that, I also would do this, if the bitcoin falls on a time I will buy without any doubts because I pretty sure the bitcoin will after the fall come back up like it did almost every time. I really trust in the bitcoin and I will support it even if it goes down. ya that is good to do , in the past when bitcoin price falling down some people bought it at low price ,and now we can see bitcoin price rising again , if it still have strong community to support i think no need to worry about bitcoin price If bitcoin price would fall to the bottom like $1 price maybe there would be a problem with it hence thats already too low amount to consider buying more coins would be still a risk because it wouldnt guarantee us that it would pump again and im sure theres a new crypto would be more progressive when that thing really happen to bitcoin. |
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To me, everything is gambling . Whatever you do you are always taking a risk, with gambling the risk is alot greater than something like trading but there is still that risk that it could go wrong.
If you can't take any risk then you can't fight with inflation because if you keep your money without investing than over the time, you're money value will reduce. So you should find suitable investment products to grow your money. Of course, gambling is not an investment, but it is just a paid games to enjoy your free time. but if you have skills and learn more about trading you can make it risk free since you know what particular investment are you going to enter thats the difference between gambling and trading. Even if you have skills on trading its still not risk free since risk free word means %100 and remember every investment has chance on lossing up your money. I do agree gambling and trading somehow the same on the risk on lossing but in trading you could lessen the risk if you trade smartly unlike on gambling its a totaly blind gaming. |
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Hyips are just total scams no one fool would definitely double your money in a short period of time. Let think about it on how they would double it? They are just paying amount on their old members because there are newly members just joined. If no one would join for sure those funds wouldnt sustain for long and definitely they would run away without notice.
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If you want to save money, my advice is keep your bitcoin in your btc wallet, never get bitcoin to use in gambling,hyip, everytime you get btc from signature campaign, faucet, or any other ways, send it to your btc wallet, that way in the future you will see your accumulated btc and you will be surprised.
Well, you will be safe with that practice as you will not lose in gambling but I do not think you can grow your bitcoin easily. You also have to involve in short term investment like investing in a gambling sites but not gambling at all as a player. Unless you have a job that pay large amount of bitcoin, it will take a long time before you can have significant amount of bitcoin that way. Though it really is safe if you just store your bitcoin and never spend it. That is the purpose of savings, slowly build your money. But if you want to make the process faster, save and invest. But there are risk involve if you invest. If you can take the risk, it is a faster way to have a good amount of bitcoin saved. Well if you have saved enough bitcoins, then its good to invest some of them in trading, as it will give you profits in short time and it will also allow you to grow your coins over a period of time. I think saving money has a lot of sense. You must be clever in managing your money and manage your money for safekeeping in a bank or a wallet, and you must have a plan too for investment dude Saving would be the one of the most important things to be consider on life since these thing would really save us in times of emergencies and for our future investment plans. because if we dont have saving then emergencies happen then for sure you would make a loan and could possibly put you more on problems. Good management of funds would be the way in able to save up. |
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The future of bitcoin is determined by the users. The greater the number of bitcoin users, the greater the future of bitcoin . We are the ones able to raise bitcoin, spreading the word about it and encouraging people to use bitcoin in their daily lives.
You are right.As long as we keep liking and using bitcoin,it will have a good future.Bitcoin will become mainstream currency along with some other cryptos in near future yeah I think if all the users trust and do things like you. namely to survive and continue to use bitcoin and adoption period continues. I believe bitcoin will have a bright future Correct as long there are people who uses bitcoin and for sure the adoption would really progress in the future because as we saw previously bitcoin isnt that progressive compare as of now hence we could see on the price improvement since it was created. Bitcoin would have a bright future in my own opinion. |
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This is an open question it depends about what you're willing to play for is it just a little bit or
you want to play for a hundred dollars. But i can tell you on a long run you will always lose winning is just sometimes.
Losing is the most likely outcome when you are gambling. It's not nice to lose money so if you care about your money you keep away from gambling or if you are looking for entertainment, don't make very large bets. Exactly, that's why I play most of the time with faucet only. I can't afford to loose money, at least not hundreds of bucks, so I don't deposit money anymore. Gambling isn't for profit - that's just optional. Yeah we cannot really treat gambling as our source of income and for me, gambling cannot help us in our daily lives. You cannot make gambling as if you can make money all the time. I think you must really focus in your work so that you can enjoy your money in the end from your hard work. Not all can treat gambling as a source of income but I know that majority of us cannot do that, instead of source of income as the dream of the many, we are treating it as our expenses in reality because no matter how we tried and all the experimentation is done we still lose. That's true, most of the time people are losing their money because of gambling but of course we all know that there are also few that is lucky enough that gaining profit because of gambling, but the real score when it comes in gambling we can have a possibility that we can lose. Lossing in gambling has higher chance compare to winning. True talk here that almost people do always lose in the end when they do gambling. We cant really exactly predict result since its a matter of luck game and also it add up on the advantage of the house. |
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I think that bitcoin is not yet stable enough to quit your job and rely on this as a strong investment. Time will determine how this market holds up, and if those who were early adopters will be living the good life..
i think if we can save more fiat for future retirement day with bitcoin salary it's a good idea, or we can earn more bitcoin then use it for capital to our bussines, so we can use bitcoin as real job and earn more than last real job We just have to be goal oriented to save for the future, it is necessary to save because we might be tired working in the future and we think of putting our own business so if we have the savings it would be easy for us. There will really time for us to retire from our works. When that time happens, we need to have good amount of savings for leisure and vacations as well as for emergency situations. That time also, we may need some medications. That is why, we need to prepare today for our future so we will not become a burden to our loved ones. I would really do the same thing same as your because i dont really like to be a burden when i get old and i dont like to be dependent into someone even on my future kids. Saving up for future would be the best foundation that you could make as of now. Either bitcoin or in stable day job. |
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It never makes me cry because i don't do risky bets
That is good to hear, I just hope you will continue to play gambling for fun only, me I have cried many times but I learn already so I am proud of myself I was able to enjoy gambling now that even if I lose I will not cry. It is only good if you are new in gambling but when you get used yourself in gambling you will get bored in betting small amount of money because you will be tempted to bet a bigger amount then that would be the start of your addiction and will ruin your life, so be careful and always have the discipline in you. Yup . Therefore , keep in mind for why you do gamble your money..? , if you just want to know how it works you can bet with smallest amount or use faucet if any . Like you said , peoples got bored for betting with small amount and deposit their money to get huge profit (and after that they will lose and ruined their life). It doesnt actually ruined their life directly unless if they bet their all money and assets in a single shot then it losses then for sure its a total wrecked and which could make you cry but with a controlled betting and bank roll maybe you could lessen of being wrecked but still we should accept that gambling would definitely lose our money. |
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I don't think that borrowing can be useful as you have to give back more
Borrowing doesn't necessarily mean you only get 0.1BTC and hold it there for one week. Most borrowers are investing their money or trading with it, in order to earn some profit out of the borrowed sum. Of course you are not going to borrow just to hold it. You need to cultivate as you are going to make the borrowed amount as your personal capital for your investment especially trading. Because the longer you are not going to be able to pay your loan for sure the interests rate are going to get higher and as well as the lender are going to get mad. And you must force yourself to have a good output of it since you have to pay the debt. Although in most of the cases that loan uses for investments are under the long term loan contract, it's really a must to maximize all the things associated in your chosen investment out of your loan. Yeah because if you are not going to do something that is going to be able to maximize your earnings with the amount you have borrowed then for sure you are going be in deep debt if you are not able to pay and follow the contract under the agreement with you and the lender. And you must follow terms and conditions applied. Its just a commonsense thing that we should work on the loan amount so that we could able it to grow in able to pay our loan together with interest because if we dont make such actions and plans to diversify the loan that you borrowed for sure you would have a hard time same as others said. |
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