I just came to the realization that the success of Bitcoin might become a problem. If the Bitcoin price i to high and if there is an altcoin that is as good as bitcoin, but much cheaper, then people might adopt that coin instead of Bitcoin. Because right know i do not see that the infrastructure of Bitcoin is that much better like the price suggests.
Bitcoin is successful currency that will never be a problem anymore not all altcoin are depending on the price of the bitcoin altcoins are dependsnon the volume and demand as well pumping them and dumping then is part of market exchange to get profit , bitcoin soon will build its own structure bitcoin has a big potential growing community. Actually that is not the case whether Bitcoin is expensive or not other altcoins will be under is shadow. Look at other altcoins that prove they are better than Bitcoin, they still have lower value compared to Bitcoin. Of course its because Bitcoin has the largest market share among all cryptocurrencies, Bitcoib so far is the most widely accepted cryptocurrency out there. |
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Does this mean that there will be chances that there is gonna be a mod for each local chatroom as it will be hard for mods that dont speak the respective languge to monitor the chatroom. Im kinda interested to be one if there is gonna be as I might be going to apply for one of the rooms , well I had few hours daily to monitor it
Instead of having separate moderators for each of local chat rooms, enabling 'report spam' feature for every chat participant will be more cost effective imho. Anyhow I love this feature as I have not got chances to find my local gamblers anywhere else but bitdice brought a way to find them. Thanks a lot bitdice. if there will not be local moderators then to whom we will report any message. reporting feature is better but for that local language moderators are also required. If the owner announce the job then he will find a number of moderators for a lowest fees or maybe for free as a number of people want to polish their skills and want to work for free for toget only experience. I agree with you that each chat room needs a Moderator. For me mods are not only their to supply discipline but they also help new members to the site. Also having a moderator actively chatting makes more people be also active on the site. And if you add a report spam feature it can't be handle by only one person you should have a good amount of people administering your concerns. |
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I don't but this kind of technology might give criminals an idea. Making your body a wallet for Bitcoin can be dangerous. Because bad people will just cut/severe your body part in order to obtain all your Bitcoins. Also not only that they can also kidnap you and do the same result, stealing all your Bitcoin. I am contented with what is holding my Bitcoin now.
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If teenagers can we explain through games but for children they are not familiar with something complex
Actually starting kids early about money can really give him/her benefit for their future. Even if we don't admit it money is essential for us people who are trying to live in this world. Without money our life will he uncertain if we can go on or not. It looks improper at first but kids really need to learn how money works and how we can save it for the future. |
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by playing cautious,do not put all because it can lose,remain cautious because many gambling sites are not fair I also play gambling has long,almost every day, if im win then I'm happy  We do not have to think to gamble for longer because for playing longer we will need to put more in gambling and with that we will go to risk more of our money. The safe way is to gamble only for a smaller time and for smaller amount of money. Its safer but still not safe, gambling is never safe, does not matter on what way you are putting it, its just no safe at all. There is safeness in gambling and that is playing with nonsense coins and as well as give away alt coins. That is making you safe when you gamble if you just want to keep on gambling and have fun but if you are probably hoping for the profit of course you are not convinced by gambling that way or else you might choose to gamble without any precautions. The coins you are referring to as nonsense coins has still value on it. Do you think a gambling site will accept those coins even if they don't have any value in it? Of course not, they accept those coins because they know that there is still value in them and they can have profit with it. Also how can playing cautious be safe in gambling? Even if you are cautious it does not determine the outcome or result of the game. Knowing when to stop might be the easiest way to earn money and avoid losses. |
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Fiat will remain popular and trusted by the majority of people because it is always available to use offline than the bitcoin. Although it is not inflation-free, fiat is less volatile than the cryptocurrencies in the digital world.
Exactly, no matter how fiat is and how it works, no matter if it has taxes and other things that might bother some of us, though it may have many problems but it is always usable no matter where we go we can use fiat, but not bitcoins, so we can't help but believe in fiat. It's not a matter of if it can be use offline or online. Fiat money being dominant has its reason, one major reason is a country's government. A government can dictate what is legal or illegal, some countries are even banning the use/owning Bitcoin. That is how the government works it can make there fiat money more important with their new laws. Fiat is something that everybody needs because it is what a country's most liquid asset. |
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Whole thing is dodgy. I lost 70% of my investment in exchanges. I was greedy. I had least info about crypto market. So before you invest your precious btc, search for appropriate investment scope that suits you. I still think that exchanges are good for investment.
You can buy cheap good alt coins and sell at high price. Google yourself. No one will help you. And never invest all your bitcoin in a single project.
You admitted that you lose 70% of your Bitcoin through Exchanges yet you recommended them to invest there money into one. Isn't that not helpful/ Because you just have discourage them from something you just suggested. Also altcoin trading does not guarantee you profit, even normal trading it is hard to gain profit just by buying and selling something. You need to take time to study and plan your trade. |
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there is about 1000 people starting using bitcoin every freakin week
so it will raise to the top and most expensive currncey
And where did you get this number? I dont think it is that way high for the newcomers. Truly there will almost be someone everyday but not that many. Although it is slow it will good specially for old timers to get some more before it will be revealed to more people. Even if that is true a thousand people can't make any effect on the price of Bitcoin. 1000 people cannot influence the price to go up to make Bitcoin the most expensive currency. Don't be to optimistic that it is always a battle of how many people join it always depend on supply and demand. |
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98% of the children don’t know about bitcoin in your country, I am sure 99% of the whole population in my country don't know anything about bitcoin despite the fact there has been talk of it in television especially in those dedicated to the economy.
That's okay, because as you've mention, even adults don't know what bitcoin is in where you are. But anyway, teenagers are easier to teach about bitcoin compared to old people. Old people tends to refuse anything that are alien to them. Teenager, with a simple explanation, they easily gets it and they are open minded. A simple question and answer about bitcoin, could be the best way to teach teenagers about bitcoin. Yeah the old are to set in their ways, but the young adults and teenagers will see bitcoin and even if they do not understand it fully they will get enough to get interested and begin to use bitcoin.It's not a good idea to use bitoin when you do not understand it, at least you learn the basics and since kids does not really try to comprehend it, it would be risky for them to use and might lose their money when using, like being hack or maybe can lose it in gambling. Agree.. Bitcoin for children is not that good idea because most of them has a greedy characteristic which they can make bad decisions on using bitcoin or investing it on different sites. Most of the kids don't have patience so there will be a high chance of getting loss of their bitcoin or money and somehow it will be very frustrating for them. So let the kids still use toys and not bitcoins because not all the kids are interested on bitcoin or business. Teaching kids about Bitcoin or money in general don't make them greedy it what's the lack of money that makes any person greedy. Also everything like inequality and wanting for personal gains make them greedy. Teaching kids money will make them be smart in the future about handling their assets and where to put it. It is one of the best lessons for kids that can be handy in the future. |
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Hahaha I thought the same thing its more like charitable donations to those who already have a shit load of cash. The cows that just keep giving huh? It's like that to you because you are not enjoying gambling, but for us people who manage to enjoyed ourselves despite losing an amount in gambling, we do not consider it as we are wasting money, the fun or the entertainment that you get is worth for the money you spend, and you can only feel that if you are purely gambling for fun and not for money. I second the motion in that. Gambling is a way of enjoying one's earned money and hoping that it returns with a profit, either way, win or lose, it's going to be okay IF you manage your bankroll, if not, you're just going to be angry and stressed if you didn't win. As most says here, i also confirmed that high risk investments is in gambling because chances of losing is there always and having fun of it and at the same time you are eager to win but failure of expectations happen if you lose. Most of the money you invested in betting will be gambled again and again if you lose thats why no good profit will be returned to you and your investment at risk always. Nope. Bro Investments even if they are high risk requires time for it to see the gain/loss. While in gambling you will see the result in an instant which means everytime you place your bet you will know the outcome right away. Gambling is really different from investments just like trading is different from investing. You can't switch the two because they are really different. |
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No I guess it is far from possible. Bitcoin as I see it to myself is some form of payment method rather than some kind of currency. Payment method because like others you need to buy in order to have credit. Just like Bitcoin. Also we need to have full support of the government with what you are seeing as they will need to fully cooperate if they think Bitcoin is really the future.
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I didn't think anything special about the subject. I have thought that bitcoin is easy converted in some other currencies through special exchangers and every users of bitcoin use their coins as they want for drugs or for something else, who cares?
The media cares, where after that they brainwash the average joe into making them think that Bitcoin is nothing more than a tool being used by criminals and terrorists. I personally don't care either, but for the average joe it's a big deal. Especially when you consider that Bitcoin doesn't have a central authority in place like is the case with banks. To the average person it's basically free game for drug dealers, weapon sellers, etc. They probably don't realize that the fiat money that they are using is being used for the exact same purpose, and even worse since cash money transactions can't be logged at all. Well owning Bitcoin does not make you a criminal anyways. Its just that Bitcoin's image is not damage at all. I have asked a lot friends and they never related Bitcoin with Drugs. They know that Bitcoin is a kind of internet money that people use online and nothing more into that. And we all know media always spice up the news just to keep the crowd up and going. |
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Price of bitcoin itself already make me surprised and the best part is we can earn bitcoin easily
I agree.with you Bitcoin price is really surprising if you seen It for the first time. By seing it you will be curious and ypu will start your own reasearch on how can earn bitcoins in the internet. you can earn bitcoin easily only in faucet but right now it is not easy to earn bitcoin. maybe you are earnings in signature campaign but honestly it is not easy than you think. like in signature campaign that really need your post to be quality and on topic.. its a small amount but it can help to have savings that can help you to use it in the future..to have business. Earning money in online is not a easy task.You need to have some skiils for earning a cent.Signature campaign will give you a good amount of bitcoin weekly/monthly.You just need to upgrade your rank by keep active on forum and post good quality posts. That belongs to promotional service and you are paid because of spreading the words in the forum, but honestly it is not decent amount as we think. I can tell you that I have participated in different campaigns, but what I like most is I am able to share my insights on the community and hopefully it will be appreciated by members here, we are sharing opinion and that makes this community great, the amount that we receive is just a bonus. What do you expect? A campaign manager will pay you for low quality and lame ass post? Of course not, you should put effort on what you are doing because you are representing their campaign. The members of the campaign are the reflection of what you are advertising. Doing it will make earning Bitcoin a breeze with signature campaigns. |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
I recommend to invest your funds on gambling sites bankroll, they proven give profits to the investors based on the amount and the sharing agreements in the first place. If you want to make fast profits, go to learn about trading which many of people do it and constantly making profits by everyday trading. Nah, you better start your own business. You can begin with a small business and then continue with an online casino or even both. Investing in bankrolls can go wrong very fast, it's just like gambling: if a lucky guy or a hacker comes on the website, you're going to lose a big part/all of your invested amount. A lucky guy or a hacker do not come every day to the sites so he do not have to worry about these matters but still your first suggestion is much favorable but only if he is capable to run any business if he do not have much intelligence to run any business then he do not have to go for any business as he will lose all of what he have. Wait a second, he could insure his business against something like that. No problem, right? Obviously only if his business is legit, meaning that he and the business pays taxes and has a licence. Obviously investing Bitcoin into a gambling site might be the most silliest suggestion. Investing money is different from gambling your money. Investment requires time while gambling shows instant results. Also gambling can provide high risk high return and investing can be both risky or safe and the returns are good enough for your money to be earning anything. |
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Banks are loosing costumers, thats a fact, their services with the finacial system in problems are damaging banks, and they just raise their fees, i had a company and they raised the month fee around 50%, the result of the lower volume of lending. Anyway banks still being the best option for those which wanna to buy a new car or buy a house, allowing you to repay over 40 years, bitcoin lending its a sensible are till the moment, maybe some day someone can offer a legit service.
So where or the ex-customers of banks go? I think they still benefit of the use of a Bank accout. Also I can't blame banks for having low interest. Because they also have matters to face such as comptetitive rates and more discounts. And I doubt a bank will lose a customer because losing a cutstomers means that they don't even their bank account for use. |
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For me Bitcoin game me an opportunity to earn money online. With all the things you see online like answering surveys or viewing ads. Bitcoin possibly is the best thing to come to the internet about earning online. Well of course I understand it is not the point why Bitcoin is made but it made it easier for people like us to receive money without the use of payment modes such as paypal or Western Union.
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Definitely in the first place to try to earn as a very big need for money there.
I think earning money will take a long time, unless you do the work that is daily, or the daily salary, such as self-employment or selling a service, but it will not give you a lot of money to you, you should have another way out I don't think being self-employed can fix your desperation of money. The amount of money you will receive depends on the amount of work you do. So it is not fix you don't know the exact money you will receive. Which will put you into a disadvantage of many uncertainties for your plan. I rather know what I have first rather than depend on something I do not know yet. |
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I had some problems with transaction confirmation time a few days ago, it took something about a hour for the transaction to be confirmed. It seems like the same thing happened to other users.
If the proposal is to reach the mainstream, I think things should improve, hopefully with lightning network things will change next year.
It not about the Lightning.network But IMO, it caused by the spam transaction and which mean it can be increasing the priority fees anytime, and if that was happening and your transaction will automatically be getting in the deprioritize zone. But i don't think if LN will be changing all lot of the thing. May the blocksize increase can become the right way for that. 1 hour transaction are pretty much normal these days, before the fastest I have was 25 minutes but that was last 5 months ago now I consider 1 hour transactions to be fast. The reason may be because of an increase of Bitcoin isers who are sending money as well. |
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By that time all the Bitcoin that can be mined are all out and it has reached its maximum price as possible. But seeing Bitcoin it will lose its value overtime because 20 years for an old currency is something people won't hold on because there are a lot of developments and innovations that can potentially overshadow Bitcoin everyday for 20 years. So you better watch what is something new.
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I don't think the government will be outsmarted by some businesses. When they start to notice that there is a decrease in their income tax they will know the source of the problem, they might even count as using Bitcoin as Tax Evasion. Anything that is a source of a company's income is taxable including Bitcoin of course.
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