If it is stable, all traders will be glad in here, we are about to see that all other traders will be happy, we cannot see and predict it will be ok or not, because others will benefit, while others will not benefit. We must first think what will happen if it will be stable
A trader will probably accept it, but of course it will give impact to their income may be getting smaller, and the longer time to the profit. but of course it will be safe for them Nope a traders happiness is when the market or Bitcoin is Volatile. It's volatility is what makes Bitcoin become profitable. This is when they buy low and sell high. I don't think having a stable price will make a trader happy. In fact they won't even trade Bitcoin at all because having a steady price won't make it profitable for them. |
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If there is a Bitcoin disaster, before it would happen I will convert it to Fiat. Good thing is that my Wallet is 2 in 1 which it also has a Fiat Wallet. I would convert my Bitcoin to my Fiat Wallet before the disaster happen and when the price has fallen down Ill convert it back again to Bitcoin in that way I have increased the quantity of my Bitcoin and will profit from it once it goes back up again. Of course it will take time but it is not risky at all.
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In my thinking, it was good when bitcoin cross $1030, but it is impossible that bitcoin continuously grow more than it, because all people who are holding the bitcoin they fell insure to hold it, more time, that's why they have been started to sell their bitcoins, and in the end suddenly bitcoin price come down. But it is digital currency and up and down always remain with bitcoin, we can't say that bitcoin always going up and up. Also i think in 2017 bitcoin will have good position.
What are you saying? we want to hear about your prediction about Bitcoin, not about what happened to Bitcoin in recent day. We do not need you to tell us the story about the prices of Bitcoin in early January of 2017. Here is what I think about Bitcoin in 2017: the prices will certainly go up in about 4 or 5 months later and it will rise rapidly due to some extraordinary events It is not the Bitcoin's fault but the people who are holding it as well. Last December Bitcoin had an incredible movement from 800$ to 1100$ in January and the idea of this is that many traders had bought up Bitcoin that is why it had raised its value that high. And after that of course panic selling will happen together with bad news it got back down to the 700$ level. Right now Bitcoin is priced at 945$ which means it is returning to the 1000$ level let us see if it remains its footing. |
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One thing that attracted me mainly is the use of technology (Cryptography) in your favor. The fact that it is based on the Internet and does not require third parties in its negotiations. Of course his philosophy is also something that seems very interesting to me.
Being part of the Internet has its downsides too. Bitcoin is connected to the internet which means it is more vulnerable to scams, hacks, and other related things than real money. Bitcoin can easily be stolen by so called investment plans which is not easily avoidable for most persons as they are looking for quick bucks. |
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It is fairly simple concept. Trading usually is a short term way to make profit if you are successful with it it can take less than a year, months, weeks, days, or even just in minutes of course in Trading it has higher risk compared to Investing. In Investing you usually hold something for more than a year to expect profit from it and usually is less risky than trading if you plan your investments well.
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I think that the vote of no confidence to the Fiat is too early to say since more than half the world's population uses this particular currency. Even if the crisis will grow, no one dares to let the money fall completely.
You're right. Most of the population are still heavily realiant in this kind of currency and all of us have grown and are already so used to this that replacing it with another would be a difficult option. The fact also that most big banks and every government is running on fiat would already give us enough reasons to believe in it Yes because it is common sense. Because Fiat currency is regulated by a country's government when you think of it this way why would a government allow another foreign currency to be use in their country? It will greatly affect the economy and the value of their very own fiat currency because the common demand and supply also works in fiat currency. It will certainly affect the price of their own currency. |
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Depend on country policy for bitcoin. For example, my country still forbid bitcoin but if they still legalize, they will not affect local tax at all since bitcoin have different mechanism based on my constitution.
At least my goverment do for our people's good !
I think what he meant was the probability of some Bitcoin users hiding their true Income to lessen their Tax by means of Bitcoin because we all know that Bitcoin Transactions are hard to trace. Even if your provide a Bitcoin address to the government you can create a new one in order for you to hide your income. Definitely Bitcoin can lessen the National Budget of a country. |
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Yes why not? Of course you are forgetting one important detail. And that is Inflation. Inflation rate can diminish the value of your money. I can imagine that a Bitcoin worth 900$ now will become more like less than 200$. Of course Inflation is not bad because it says that the country is economically good and it is developing. I am saying Bitcoin will lose its value in the future of it becomes stable.
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I see around 40 people online when i log.
Is there any provision to hide our online status because by seeing the jackpot amount and frequency of dice rolls, I guess many gamblers would have opted not to show their online status. Is there any personal settings available for this, I checked twice still I am not sure about where and how to do. I guess you are asking what we are having in this forum. But in gambling site what would be the advantages by hiding our online status. I have not seen any gambling sites with this kind of features. Still, for security purposes Alex would have incorporated any new thing, lets wait for others (pro gamblers/reviewers) to comment on this. Everytime I logged in I see 28 people online at most which is a big improvement from 12 people online. Which means BitDice's signature campaign os working for their site. Also seeing that it has reach 40 people online makes me more happy as we are helping BitDice to be recognize by more people. |
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For me the best way to grow your Bitcoin in terms of Value is by holding it, let the its Fiat price go up before selling it and converting it to Fiat. This must be the most easiest way to maximize your earnings with Bitcoin. Also it is the safest but lets not forget that Bitcoin's price action to be volatile we must have quick decisions whether to sell it now or still hold it hoping for another price increase.
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Well, BTC is growing fast. So, you should buy it now for easy profit  Its hard to say that its an easy profits unless you will buy a lots of bitcoin and short the price if you are lucky enough you will be able to gain acceptable earnings by doing day trading but if you just small capital its not that much and by the way since fluctaution still hard to assess maybe its need deep knowledge before placing a buy orders. Well yeah that is right. When you suggest this last 3 weeks ago when the price is 1100$ if they bought is at that price they will lose 400$ after. See it is not always an easy profit as you think because you may never now what news it can affect the price of Bitcoin. It is better not to buy something that rises up quickly because they are the ones that fall out easily. |
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Maybe not that rich, its just "we earn" because of bitcoins, We can have a little earnings thru this. But somehow, if you will put all you efforts and time here its not impossible to happen and if you know how to handle it and how it works in this business, its possible. We will never know what will happen.
Yes what you just have said is true. Spending your time collecting Bitcoin and also buying it won't make you richer compared to the time when you bought Bitcoin or collect it when it was price 200$ each. Also putting your effort in only one thing will waste your time because if you don't have a back up nothing good will happen to you. For instance you only put all your money in buying Bitcoin, What if it got a price drop? Than all your money will accumulate a huge loss in the process. |
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Yeah, sad but true, so we need to understand first how gambling will control our life if we get addicted in to it, especially to those who are already has a responsible in life.
Gambling dont control your life, you do . This is a totally fail reasoning that people made up in their life so that they wont really be seen as a failure. Some people ruined their life because they are addicted to it however Im pretty sure that they were the one that didnt consider to stop when people has asked them to stop The sad thing is that there are gamblers that they are letting gambling control their whole life and it is a very a bad thing that there are people like that. It is hard to cure with this type of mentality and you are just letting gambling conquer with everything on your life. There are also some gamblers that wants to come out of their addiction but still do have hard time with it. Yes, gambling does not control anyones life. A person is in control of its body. No casinos can ever control your body. The addiction you are having is the result of your mind being confuse. But you still have the chance to change as any addiction can be stop by proper social care. Spending time with your family can help you get rid of addiction. |
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We have a local Bitcoin Wallet that lets you convert your Fiat currency in to Bitcoin by way of going to Convenient stores. When you are in one ask for the amount of Bitcoin you are willing to buy than they will give you a coupon for the price equal to the Bitcoin you are buying, after you paid they will later send the BTC to your wallet. I think this is the most easiest way in converting your fiat currency into Bitcoin. Others require a lot of steps in obtaining Bitcoin.
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the most important for website is traffic, the bigger traffic we can get then we have a good chance to get more buyer and its mean we can sell our product to more customer. if the website is getting big traffic without doing any promotion and the website can selling the product without having stop, then i think the owner is getting passive income from month by month.
Indeed, the more the traffic the more website owners gets ads and the more they get profit, in fact this what all of the faucet owners do, they attract people to their faucets which are loaded with ads that gives them much far profit compared to the amount of satoshis that give. It is a great way to get passive income for those who know how. Faucets are just filled with scum grade traffic mostly from Russia and Ukraine and other tier-3,4 countries mainly. Most of them dont even pay for long since the ad revenue cant keep up with the increased number of scammer and cheaters and bots draining the faucets. Running a faucet in these days is very tough from simply ads so the owners implement other methods to get cash back. As a passive income - running a faucet is probably the worst method. It could not be counted as a passive income because you have to maintain your website's quality. By maintaining quality you must have to post regularly and must be updated to your traffic. Of course your post must be sensible and attractive to have an increase in traffic. So in the end you have to work hard in order to earn ad money. |
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Yeah, I've heard the stories that at that time it was sort of a fake price growth. I mean, the price really hit $1k+ but it was due to some circumstances and now it is just the real price. The price is dropping but it is not dropping that fast. And yet it seems too unreal to me that the price can really be around $1k stable now. People don't trust bitcoin that much. They do like such a price but the problem is that they don't believe it is going to grow even more and spoil everything by their selling.
Well the fake price growth are really not fake. Bitcoin's price can change it depends on how some people control it. Like in stocks there are people who are ready to buy and buy in order to fake a break out and later on they will be the once selling on top that is why it will go back down in just a matter of days. People can control the price temporarily but not permanently. |
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As far as I know, bitcoin has no tax. The government is not controlling the bitcoin like the other currency. If bitcoin has a tax then maybe you can tell that the bitcoin is a legal currency of a country. Thats why bitcoin are said to be free.
In India bitcoin is termed as a property by the taxing agency. This just implies that probably they will place taxes on owning bitcoins like you own a real property. But the problem with taxing bitcoin as a property is its hard to determine who owns bitcoin and how much bitcoin did they own. In the Philippines bitcoin is not taxable but the company that runs bitcoin pays taxes to the government such as business and income tax. Well if Bitcoin is identified as a kind of property whether it is real or personal than it can be considered taxable. It really depends on the government's identification with Bitcoin. But at the end it will be hard for Bitcoin to be tax because it is hard to be followed on because it is a currency that no government has control on. That is why many countries identify Bitcoin as some kind of illegal currency. |
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For starters you won lose anything if you have not bought any Bitcoin. Collecting Bitcoin for free in the internet can be useful investment for you. Yes collecting Bitcoin is not a waste of time because Bitcoin is a volatile currency right now BTC is worth 881$ per coin which is a very good price. If I were you start collecting Bitcoin because it can help you financially.
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It can be banned, but it can't be stopped.
Right, because we are the only one that can stop bitcoin and that if we will stop supporting it. I agree with both of these, government can banned the bitcoin but the people who supports the bitcoins is unstoppable since we are earning big enough to sustain some of our needs for sure they will be a big argue in that matter especially to those country that totally accepts bitcoin. There is a way to stop Bitcoin. Remember that the government has a control of the internet. The most possible way is the government blocking all kinds of wallet so that the circulation of Bitcoin will stop. By doing this even if you have Bitcoin on your wallet you can't use it because your wallet won't be accessible. |
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I can't say how much is possible to use buttons daily in real, life because it is not well known yet, but I can use it daily online, for example, I use it in a casino, buy something online, and Im use it daily trading investments
Because Bitcoin is made to be use online. It is impractical actually to be used by people in a local store they will just make the Queue longer because it will take time for your payment to be confirmed. Also there is the possibility that it would be mixed up by other payments if the store only handles one wallet it could cause a lot of headache in both parties. |
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