I just thought of the best plan ever. I am just going to wait for a really long time until the price of Bitcoin goes through the roof.
well, you'll get rich in fiat with that but not with bitcoin... but it would be good if you have no other plan for your coins... Even though if we are getting rich with bitcoins then I don't see any problem in it, as the main purpose is to get rich either by bitcoins or by converting it to fiat. Why we need to change bitcoin now dude. Better than that you can hold the bitcoin instead of changing it. If we see Bitcoin as long-term one. It will give good profit in future for sure.
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Buying at lower price and selling at higher price. And checking the BTC market before that. almost every one do this. buy cheap rates ant sell expensive rates. this is basic stretegy for every one.. Even I am doing the same. Today I sold some bitcoin for emergency bro. Actually I had a plan to save bitcoin for long term suddenly Its a problem for so sold and gave to my friend.
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sign up for all faucets that are available online and use them.
By faucets we can't make big money by faucets and all. Op have to think about it and its not easy to make 1 btc without any investment. If he need very soon, he can buy only.
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I store my bitcoins in an online wallet but I think it is unsafe. Several of my betting sites have been hacked and I think the best way is to use an off line wallet.
May I know in which online wallet you are using. If I can I will give suggestion and solution for that. Offline, paper, cold storage are very good when are storing large amount bitcoin. For small amount online wallet is enough I guess.
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I see there is lot of campaign that including signature and those for tweeter only. Primedice also have some sort of campaign. Are there avatar campaign only? I'm far from it just asking?
The only avatar only campaign is squall coins campaigns that pays you in bitcoins And current full Nevertheless, you wouldn't be able to join it anyway You need at least Full Member to wear avatar If registration opens he can join in yobit campaign also, But Spammers don't ruin the reputation of the campaign. I have saw many posts like bulk email here. They are posting like that only.
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Paypal is reversible, and personally that is a huge risk, especially when trying to trade for irreversible payment methods, like BTC, you'll find it really hard to strike a deal even if you're legit. Even if you do strike a deal you'll have to pay huge markups on the spot price...
That's why i prefer BTC.
But still people are using PayPal only in international business money transferring. Better people can switch with bitcoin. I guess its all because of lack of awareness among the people. Soon bitcoin cross the PayPal's place.
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Yes, Bitcoin could happen replaced the money. Especially if a company start make the physical of bitcoin and make them like real money, i'm sure more people will using bitcoin if that happened.
If bitcoin replaces fiat means that really happy news for me. We can good profit from bitcoin instead of buying and selling. Even every person adopt bitcoin in their physical business. Then price also will growing high, happy with bitcoin guys.
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That will not happen. But I think that will not happen so fast. That is not so good for the people. I think that more people will use also normal banks. And they dont know how to use Bitcoin.
Even I am thinking the same, bank will not disappear. may be bank will accepts bitcoin as a one of mode of payment.
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The first time I came here, I just thinking to join a Signature Campaign. But as time went by, I learned a lot about the cryptocurrency world. This is just like my hobby now, getting an updates on every news and watching a bunch of new project going on. This is just getting so much fun for me Congrats man, Be a bitcoiner I came to bitcointalk to explore the skills in bitcoin to make money. By the graze I am doing that well I guess. Apart from thst Bitcoin gave lots of friendship around world wide.
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Personaly, i will keep them, i won't sell even if their price will be 250$ or less, only will sell them when they'll be 1000$ and more, no need to sell for less
Great man. That means You have long term view in bitcoin that really good bro. Very less people are seeing bitcoin as long term view. That will works better than buying and selling instantly.
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I think price of bitcoin is really matter. I mean like last year, the price of bitcoin reach $200+ and i heard many people stop using bitcoin and when the price back to $400+ people come back and using bitcoin.
Yeah its matters for me. I don't about other Some people I have seen They just simply curious about bitcoin without money thought. But I have thought about price.
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Yes i have. it's yesterday i dreamed about bitcoin. It's about i win a big jackpot and i received 100 bitcoins and the price of bitcoin is $2000, i'm very happy and suddenly i wake up.
Lol Lets hope for your dream should comes to real. I wasn't dreamed about bitcoin I have expectations in bitcoin like It should grow more than 100 bitcoins in my wallet.
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Trading and gambling is a waste of time unless you hold a expertise in it, I would rather suggest to go with signature campaigns where you can earn a descent amount of bitcoins.
Why did you say trading is a waste of time? It is far more profitable in the end than sig campaign. Expert traders did not start as expert, they began noob too just like you and me. Its just, they have the patience to study and develop a system that works for them. The best way to earn safe money is through by signature campaign and if you are not satisfied then who is stopping you from earning good money from betting?? if you have that courage then go for gamble take risks and earn good amount of bitcoin.
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If you just holding your bitcoin for security purposes i suggest to use electrum.. the connection from electrum server is encrypted. So its secured if someone trying to monitor your cookies and cache they can't easily decrypt (discrypt) the connection from server to client.. Electrum has many feature that you can use to secured your wallet.. Like cold storage or offline wallet that you can save your bitcoin without internet in long time so that you can hold bitcoin in many years.. then if electrum is down you can easily import your electrum into blockchain so no worries..
Than using any online web wallet if you just hold bitcoin in many years.. There's a possibility that some online web wallet will be down or close... So be prepare..
I would agree with dude. Nowadays Multibit became very slow in transactions and other things As you said electrum is good in all. In online wallt Blockchain and Coinbase are best one to save the bitcoin I dont think These website will easily attack by scammers.
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i think every country usually have bitcoins community if you hard to withdraw at bank you can try to sell your bitcoins to other people in your country. but be careful to people who you gonna sell your coins or you can use escrow that already trusted.
Bitcoin would continue to rise. For instance, one theory says that if the 50-day moving average, which is the average of the stock price over the previous 50 days, is below where the security is presently trading, whenever it hits that moving average, it will bounce back up. That means this is the average amount going in bitcoin's price after halving we can see a good price.
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our next target is 500$ not 5000$, to reach 5000$ it will take a long time to bitcoin, maybe 10-20 years when everyone start using bitcoin as major payment option worldwide.
Not to mention some other coins will contend bitcoin in terms of usability so it is even possible that we won't see it reach $5000 even in 10-20 years time. Nope Dude, See Gold is good for jewelry and use in some industrial production processes, but as the price increases, it becomes less useful for both those uses, he says whereas Bitcoin on the other hand, actually becomes more useful. It becomes more useful as a money transfer rail and as a ledger of financial transactions. So it will come in use No need to worry dude.
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Saving is of course the safest way to earn some money. But if you dont invest you wont get much money. And that is very risk also. You never know if it goes good and never know when you want to sell it. So yeah it has risks.
Yeah holds that as the price of Bitcoin rises, people are tempted to hold onto the currency rather than use it. But the evidence so far seems to indicate otherwise, lending credence to speculators’ belief that, as more people transact in Bitcoin, the price will increase.
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Bitcoin halving is fast approaching. Some has suggested that the recent price increase also due to the halving thats gonna take place in a few months time. Now itself users started holding their valuable bitcoins so to make great profit.
Exactly It will fall on september only, Most probably It will fall on last week of september 2016 I think.
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That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is. And I hope later that more people will know about Bitcoin and that they can use it in the future.
needs to be long enough for many people adopt bitcoin. the key is adoption Yes, if the adoption goes higher then there are chances that it can replace the money, but I don't see it happening very soon as the awareness level should also reach to a next level. but I think even if the whole world adopted a bitcoin, and used well, I guess bitcoin will not be able to replace the money that has become a culture in the world There is possiblity to replace the fiat money and bitcoin also have that much potential. But it will happen after 30 years according to my speculation Sure bitcoin is the next money which can able to replace the usd's place.
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supply halve + demand remain = price increase. since the bitcoin price is now starting to increase, ready to buy more bitcoin for yourself to get rich. if you mine bitcoins now, you can still earn a great amount of bitcoins until the halve. Yup exactly you are right! But miners also will get benefit after halving by blocks like, they will get extra payment for their mining work. So even miners also need not worry about it.
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