If you mean by earning, I don't think there are any that pay enough for the time that you spend doing whatever it is that you do.
Best way to GET bitcoin is to just buy it cause it is below $765 now.
nothing easy to make money nowadays even in bitcoin world you need a lot of work, you can do trading but of course you need to learn first or just keep buying bitcoin as long term investment it will give you profit too you just need to be patient and don't be greedy. Yeah keep buying and just buying (never selling) will bring you nothing. Long term investment also need your action to get the profit. And about trading, learning don't matter because it's about buying and selling. Everyone who has done this kind of thing in real life will know what it's exactly if you can manage to profit from the trading activities then congratulation. Otherwise you will lose |
|
|
|
I do not think banks will disappear, but there is no doubt that their business model is outdated and will be forced to evolve in a big way, and that is why we are seeing them make significant investments to in the development of institutional "blockchains", although perhaps they are arriving a little late to this innovation.
That's true if they will not upgrade or evolve to new generation like bitcoins the people who using banks will decrease because they will switch into bitcoins because bitcoins has many benefits unlike bank accounts or credit cards. What do banks need to evolve with? I honestly think they are not lacking into anything. I mean they are really good at what they are doing from wireless money transfers to credit card payment, they even have loans for you to buy a car. I don't know why do you think they are worrying about Bitcoin that they will ran out of business because of one kind of currency, that is wrong. That's true. the bank is actually still not consider bitcoin as a threat thus they don't need to evolve. Most of bitcoiners are hating the banks because of their right to shut down their client's account by the order of the government,and because their lending which took a lot of interests. Bank already have everything either for online transaction and offline transaction. it's just how bitcoin can compete bank and it might be a really hard competition for bitcoin |
|
|
|
In the past month we had around 8 bitcoin transactions that took nearly 24 hours to confirm so it was very nerve wracking to say the least, but in the end they did finally reach their destination in tact. We are just paying more in miner's fees now to make sure they get transferred in reasonable time.
Honestly if I am doing a 8 bitcoins transaction then for sure I would pay 0.005 btc fees and hence have issues for getting the confirmation. People are used to of paying the normal 0.0001 fees but guys the fees has now a new standard which is 0.0002 or pay as per the size of it. In simple and short, pay 0.0005 each transaction you make and you will have much quicker confirms. Yep. Essentially ALL of my Bitcoin transactions are "important", so I pay up, typically BTC0.0002, sometimes more, sometimes less. Depending on size of transaction and how fast I want it confirmed (usually fast, I'm a busy guy). Even BTC0.0005 is not all that much is US$: $0.38 or so, if important enough to merit fastest service from the miners. 38 cents is nothing. 0.0002 sat is not enough if you get above 200 bytes sometimes i am getting 800 or 900/b and 20k sat it takes longer time to receive. But above 20k or if you are paying 50k sat it is more fast to be approve than the 20k fee. The problem is we ca not know if our transaction will be high size or not.. Do you think there is a way to know it? To calculate the transactions' size had been discussed in this link : http://bitcoin.stackexchange.com/questions/1195/how-to-calculate-transaction-size-before-sending , Though you don't really need to calculate the exact size of a transaction if the wallets you were using have had a automated fees. it will calculate the size itself and determine the recommended fees for the transaction |
|
|
|
|
Didn't really sure VCC could be used to buy bitcoin even if you're outside India because I've tried it in various exchangers a few months back and never succeed. Maybe I just unlucky with the site I am going to make a deal but VCC is indeed really sucked for this kind of thing. I'd recommend you to send your VCC's fund in the nearest ATM first to your bank account and then make a bank transfer afterwards
But, have you tried Unocoin? it have much higher price for each bitcoin compared to another exchanger but maybe it will allow you to pay because it's a company which based on India and maybe you can make a negotiation
|
|
|
|
I do not get why most of you think that Bitcoin will sky rocket because of the situation in India. There are some hurdles to overcome over there before they can buy Bitcoins. Do not forget that it is a third world country where most are not connected to the internet nor do they have access. Also most of the people there are poor and if they have savings, Bitcoin would be the last in their priorities.
Because bitcoin is trading at a huge premium in India. At what exchange is it trading and at what volumes are we speaking about? If it is at Local Bitcoins, I would argue that all of the Bitcoins traded there are priced at a premium and that the volume there is not really that high compared to the exchanges like BTCe or Bitstamp. Chinese exchanges are also trading slightly higher than most because the Chinese traders are pumping the price. It does not necessarily mean that the ordinary people are buying Bitcoins with their savings. All exchanges in India. For example price right now on Unocoin is 57394 which is about $850 USD ($90 higher). It was over 20% premium just a couple of weeks ago. Unocoin is a new exchange , am I right? Getting premium prices usually happens when the volumes are fairly low. An example of this is the trading that is going on at Local Bitcoins. That is very understandable and it does not really say anything about the current situation of Bitcoin in India except that it is new and that market will become efficient sooner or later. Really curious how India are only having such low volume of bitcoin while it could available easily if the exchangers just going to buy from anywhere around the world. it's not as hard as sending stuff through Fedex which could take few days. maybe the exchangers itself having a play on it to gain some additional profit out of this circumstance, who knows? |
|
|
|
I dont think that many people believe in a fiat as you had put it. They are just forced to use it by taxes and by a force of neccesity. Those who thinks fiat is awesome just fit into a cathegory of a stockholm syndrom victims.
Well, That's the ugly fact in this world. But, Many people also just use the available and the easiest one and not going to move for better economy (Though, i don't sure if believing in bitcoin would increase their economy) Maybe because of only fiat which could cover all offline activities while bitcoin can't. there's no one who willing to carry gold and weigher everywhere |
|
|
|
|
Maybe it will make many news
|
|
|
|
If the government imposing tax on bitcoin was sure to happen is bitcoin transaction costs will be greater, and there will probably be routine costs to be incurred. Imposing tax on bitcoin I sure do not apply in all states because each state has different policies. I believe imposing tax on bitcoin will be imposed for countries that accept bitcoin.
The government can't impose the tax into the blockchain . Hence the transaction costs (or you're more likely referring to miner's fee ) aren't going to be affected and will remain the same. But, if the government are imposing the taxation onto merchant whose payment options are also accepting bitcoin then it would affect the bills you're going to pay because it will merged with the tax |
|
|
|
the passive income is good if you don't want to do the hard work.
There are many misinterpretation about the passive income like is it a source of income for lazy people. But we need to understand how the possibilities of getting passive income identified or created. To have passive income we must have some capital initially. Enough capitals are not possible for lazy people. We just make our money to work for us. Well, being lazy doesn't mean have no capital and lazy people are still possible to have big capital. though most of the passive income will require hard work on the beginning and that's why having passive income is not as easy as speaking and planning. Even if you have big capital you must find some worthy investment first among shitty project which may bring you failure at the end |
|
|
|
Printing a lot of money would make the value or rate of the money itself decreasing and will happen fluctuation. Fiat is now working on demand - supply, so if the supplies were just too much, the value would be decreased. Making money is not that easy, and that's why the country would prefer to take a loan from another country and not to print the money themselves
Did you just wake up from a 60 year nap or something? "Quantitative easing" ring any bells? The US has been printing money like there's no tomorrow, enough to buy 21 million bitcoin many times over. I'm actually was reffering if the government are going to print money in the future and not the money which had been printed in the past.Well i can't argue that I missed things like Quantitative easing.so, pardon me if I'm wrong |
|
|
|
I want to suggest you somethings which actually help you get some profits with bitcoins by investing. Try to trade with bitcoins price, try trading with altcoins, try to invest in HYIP and if none works invest some money in gambling site's bankroll.
I would strongly recommend you to get away from HYIP. It's not worth it investment even a dollar, they offer a good and interesting investment plan indeed but it's actually bullshit.You will actually get small amount of daily interests while the risk are equal to gambling, the chance for you to get profit is just 50% or even less. just get away from it |
|
|
|
|
Printing a lot of money would make the value or rate of the money itself decreasing and will happen fluctuation. Fiat is now working on demand - supply, so if the supplies were just too much, the value would be decreased. Making money is not that easy, and that's why the country would prefer to take a loan from another country and not to print the money themselves
|
|
|
|
There were some articles that banks are working on something like blockchain but it is not bitcoin and I dont think they will accept bitcoin in the next few years.
I guess you're referring to the government that going to use blockchain system and not a bank. Blockchain system itself really good for the government by its transparency and every fund movements can be traced easily and the blockchain system is not bitcoin. blockchain just a system that's used by bitcoin so it's right that they're not going to accept bitcoin as their national currency for now |
|
|
|
my passive income is bitcoin , i bought bitcoin in huge amount few month and we know that bitcoin is going to increase its price too much faster day by day so my investment price in bitcoin is also get high value and i think anyone can get this passive income with easily.
i think if you bitcoin trading use pair fiat money you must have big capital money can get big return if you use low capital money profit is very low, if good altcoin trading, but is high risk Yeah i am just a trader bitcoin because altcoin trading has a high risk and bitcoin trading is very safe investment and i never face to risk with trading of bitcoin and we know that bitcoin is very much stronger currency. i agree with you that altcoin has too much high risks sometime because i never trade with altcoin and i also prefer that bitcoin trading is much more profitable than altcoin and i also bough bitcoin in huge amount and then hold it and it my passive income in the future. it's definitely wrong that bitcoin trading is more profitable than altcoin while altcoin is actually more volatile than bitcoin so you can make a profit from many opportunities behind the volatility. you need to wait a long time for the price increase in bitcoin and need some strong reason while with altcoin you the pumping sometimes just happen. And also once the price of altcoin pumped, the percentage of rising may surpass 100% |
|
|
|
Depending on how you discovered Bitcoin, whatever reason you have, it's already a win for Bitcoin. The more people using Bitcoin, the more demand there will be. When there is demand there's supply. It adds to the Bitcoin's value. That's one step to success. Having Bitcoin as a form of transaction is already a victory. It is revolutionary.
True it always depends to us how we discovered bitcoin and how we can use it in many ways We can use bitcoin in gambling activity and we can use it by trading and many people nowadays are using bitcin and its in demand right now even in india bitcoin is totaly high price there they buying bitcoin with always +20$ from the preev rate Yeah,I've read that too. that's because the recent regulation of their government of limiting the owning amount of Gold and also the banning of 2000rs note Still quite shocked that they still buy those bitcoins above the normal rate. Maybe the bitcoin sellers there are still limited so the supplies can't fulfill the demand but still hoping the best for them. |
|
|
|
This is worth to check https://scotthelme.co.uk/advanced-session-hijacking/Actually i think same types of attack can be done to access victims web wallet account as most of the them use traditional cache and session system to keep user logged in. So i think accessing bitcoin web wallet over public wifi can be dangerous. What, seriously  i always loged in to my blockchain account over public wifi in my college, connected them directly without vpn or something that helps my connection secured , but so far my account still safe though the password on blockchain is never shared with the blockchain server, well anyone can explain this? i am not a tech savy that's why i didn't quite understand about this, if it's true that there is a risk in using bitcoin over public wifi, thanks btw. That's actually right. stealing cache and then insert it into the hacker's browser and then the site will thinking that he's the same person as the original owner who has recently accessed his wallet. this trick often used on a various website that sometimes requires a premium account to do something. just download the cache, install it and you'll get the thing you need. simple as that |
|
|
|
For those who do not have bitcoin you can start earn in faucet and after saving some bitcoin you can start trading that can inrease your earnings into 250% depends how you manage your trading strategy..
faucet is not worthy of starting if you're going to go trading. it will take a long time to reach the minimum amount for withdrawal and because of that your trading schedule will be delayed. how about spending your little hard-earned money in exchange of bitcoin and then go for trading? if you're really serious into it, $10 will not going to be a problem |
|
|
|
Netflix in each region are having different library of its content and it's clearly explained in this video : https://www.youtube.com/watch?v=LxnpqobGSzgAnd yeah you will be able to watch other movies which are not available in your country by using an account which is located on the region that having the library contained the movies you're needed. so far i don't know how to obtain an account outside local through bitcoin but if you're now owning a credit card, you might have a chance to do it. Edit: By the way, have read someone that having a solution to bypass this region restriction through using a VPN or Proxy which is located in the US but didn't sure about it, though. Maybe you can try it out by using free VPN Thanks. I tried using a VPN (cyberghost) and it worked on showing a different sets of movies and tv series which aren't viewable without the vpn. I didn't know it would work so thanks for suggesting it. My problem is it takes much data on my phone and it's lagging because my phone can't run both netflix and the vp at the same time. Maybe a RAM issue. I only have 1 GB of RAM. Do you think a US account will work fine or will it still require a vpn? I saw a guy selling an account and I'm thinking of trying it out. From what I've experienced a few years ago when i got a Netflix account with US region, I'm trying to access it without VPN, just direct access and it said "Sorry, Netflix is unavailable in your country". from that I can take a conclusion, even if your account was created with US region and paid there if you don't use VPN it will be more likely you will get the same content as you got with your local Netflix account Not going to risk your money, though. I'd recommend you to find out a VPN which is light and fast |
|
|
|
great .its very good to hear that u have got u have pay local tacos with bitcoins .it would be like dream come true if in india that we have to pay through bitcoins .but that not not gonnna happen in the next 50 years .but u can recharge ur phone through bitcoins through the zebpay .kudoos  Yeah, it is a easy way to recharge the iPhone with bitcoin, also paying the bills from bitcoin, But these all are short works and bitcoin is more useful for us, For example, i prefer bitcoin instead of cash, because bitcoin is investment and it is a new way on online to make money. Also i can use bitcoin in amount transfer easily with safely into an other account. You still need cash for your daily life and impossible to live without it . Everyday you need cash I bet it , so you must considering cash as your primary needs in first place . You can using bitcoin as your investment and side-income . Only fool would say that he can live without cash, it is needed for us to survive in this world. Bitcoin is still new and there is no assurance that it will last longer than what cash has achieve. The fact that it is not backed by the government, there's a big chance that it will be ban and suddenly lose in the circulation. Let us just enjoy what bitcoin has offered to us now but still use cash for our daily operations. What's about living using credit card or debit card instead of carrying cash on your bags. that's ain't idiot isn't it?. The fact that living without cash nowadays is not just a dream if you're living in a modern city that each merchant having EDC in their stores to accept those kind of cards Living with only counting on bitcoin is indeed impossible for now but we're talking about living without cash right? so here the answer |
|
|
|
So, why do we need to use Bitcoin???
to buy a new car  LOL maybe this is absurd reason but this is my reason just wanna buy car That's foolish to think of using bitcoin to buy a car. In future users might get a access to buy car using bitcoin, but as the above mate indicated using bitcoin to buy car is not possible. Better is to make a investment into bitcoin from the day job earning, which would help get a car with bitcoin in future as we can buy only digital goods and other few services for bitcoin. Actually, some cars are ever bought by using bitcoin and for example according to this news : https://www.cryptocoinsnews.com/bitcoin-for-a-tesla-yes-that-happened/Even not directly sending the bitcoin to the company but using a Bitcoin payable API endpoint,this transaction had been done as an evidence that could prove a car was actually ever bought with bitcoin |
|
|
|
|
Show Posts
