I earn it and sell it to my local currency when I am in need of hard cash and that is the only way for me to spend my bitcoins at a moment and I am really satisfied with it.
I don't really change my Bitcoin into hard cash because I know its value will increase and so I am holding it. But I surely believe in using btc for phone top up and to buy some online stuffs.  Yeah phone top up using bitcoin is really easy and convenient and you can also gain some extra credit if you do it using bitcoin, that is the only way I use my bitcoin and rest I am saving it for future. |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
I think bitcoin has a taste of its own, as opposed to a credit card which requires us to register and that makes credit card not anonymous. Unlike the bitcoin easy you just buy and can directly transact anonymously, and I think bitcoin fee is not expensive. I haven't found any physical shop yet where I can experience of paying with bitcoin directly, but I think if confirmation takes time then it will be time consuming to buy with bitcoins. |
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Have you ever lost Bitcoin?
If that happened, why? Was it your own fault, or were you scammed?
Yes, i always lost my bitcoin because i'm a gambler and i lose it on gambling and once i get scammed by people when i try selling my bitcoins. Same here, when I was newbie I invested 0.1 in doubling site hoping that it will get doubled in few hours, but at the end of the day I realized that I have been scammed. |
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Bitcoin will not make banks disappear, it will change the way the world banks.
Yes the banks have been here for a long time and gained trust of almost every people. Furthermore the elite are still standing in the way of the rise of btc. So it is nearly impossible for btc to vanish banks. Yeah and bitcoin is not yet that powerful that it can replace strong financial institution like banks, as banks holds support from the Government and they will never allow bitcoin to get on the mainstream. |
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People who are using it as a currency are definitely spending their coins, and majority of users are spending it on gambling so I don't think that people are only saving without spending.
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That is true that everyone looses in long run but a smart person will quit at a right time, many few people can do that but you really need to have self control in gambling to earn profits from it.
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There are few circumstances,when you can find gambling wrong.
It is when you have not a lot of money,and you still losing them.
Another circumstance,is when you need money for something ( for example rent money ) but you risk them to hope that you are going to win.
I did it few times actually :/
So what was the outcome? Did you win or loose at the time of emergencies, its better to save some money for basic necessities so you don't need to gamble with your money. |
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Bitcoin is a mode of exchange and can be valuated in fiat currency. So It better time to invest fiat currency to get stake of Bitcoins and keep them as much you want in future to sell at higher price.
There are many ways to benefit from it,one of good ways is just buy some of them,and hold them for some time until the price will rise slightly,and then you can sell it with profit haha  Exactly bitcoin has given lots of earning methods to get benefited. As quoted by most users, holding is truly profitable but need to plan about holding whether long term or short term. Its better to decide based upon price movement. Holding can be profitable only for certain point of time, we need to sell coins when price is higher to earn some profits from it and holding long term can go wrong if price suddenly drops to extreme level. |
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I am using mutibit wallet and I think its very safe and trustworthy and whenever I need to sell my coins I transfer it to my localbitcoins wallet.
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How to earn Bitcoin by fill up captcha?? If you know please tall here...
you shouldn't really waste your precious time claiming faucets or even filling captchas to get paid a very small amount, if you spend that same amount of time in a burger shop as a waiter you can earn 10 times more than this. This is true,that is why i cannot understand people who sit,let's say for about 5 hours everyday and are abusing faucet sites Because it is really wiser to find a job,even seasonal and work there a little bit. You can actually make a lot more from any job,as herbert already said. Better make your account good rank,and start a signature campaining. The reason is a lot of people come here thinking bitcoin is a get rich quick scheme. They expect simple tasks like faucets/capatchas to bring them lot's of money. In fact as we all know they pay what is known as micro payments and most are dust. Even if you sit for 5 hours at faucet sites you earn in the cent's for that time. I think you could make more money picking up can's off side of roads. Which is crazy to think. But I strongly urge people spend that time learning something they enjoy or something that could be sold as a service. Putting that time into this will do so much more in the long run for them. But a lot are wanting a quick buck... which just is not there. I think of signature campaign's as a bonus. I would be here with or without them. I do like it as having a little bonus for posting is nice. But I hate to tell people to use that as a primary way to earn cash as it might create a problem where they are just worried about number of posts. And it leads them down a bad path if this happens. Signature campaign is the best way to earning bitcoins for me, you don't need to solve a captcha and just posting to earn some bitcoins. OP, you better try signcamp because you don't need to solve captcha. My friend have shared to me that I can earn money from signature campaign. First step is to have higher ranking account, to have a decent pay for post. Then, she also told me that I need to post good quality sentences so that I can be allowed to any signature campaign. I'm on my way from it  . It will take time but I will got it soon. Welcome on the board, and I think there are few campaigns that are allowing newbies to join them, so you can enrolled in it and start earning bitcoins. |
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If you have some skills especially if its programming/web developing related stuffs. You can earn by completing tasks. Also signature campaigns is a good way to earn bitcoins but you will have to wait for your rank to increase. If you're interested in signature campaigns bitcointalk is a good way to start
I don't have any skill like programming. What kind of task do you mean? web design also profitable mate whatever service you can offer try to post it in the service section and wait for other members here to hired you. Offering service is one of the best way to earn bitcoin here easily because it's not as hard just like doing signature campaign. Because it will be easy for you to finish the tasks if you love what you're doing. That 0.5 btc can be earn in less than a week if his skills are in demand like web design,programming and other skills that in demand. Yes it will depend on what skills you hold, if you have multi skills then you can earn it very easily but depending only on signature campaigns will take really very long time. |
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I cannot afford to trust any other site apart from this forum, I am earning here since last 1 year and I never found any scam or being cheated on this site. I will never invest in any cloud mining sites.
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i think the present time is the most favorable and right time to join a signature campaign. because i think the price of bitcoin is stable therefore more signature campaign will operate and do recruiting for their campaign.
Yes and I think every time is the right time to join a place from where you can earn money, not many campaigns are allowing new participants at a moment but you can keep trying. |
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The newbies must avoid the faucets because it's worthless, much better for them joining this forum and building their accounts, and then join the signature campaigns.
+1. Being in this forum would make them learn a lot of things. Faucets are just for those people who have literally no skill to offer. Those people who aren't capable of learning something new. I think the reason why newbies keep on doing faucets is because of the things that the faucet sites say and also because of the promoters posting a big amount of money and saying that he earned it solely from faucets. But the truth is, the electricity and internet bill would be higher than what he had earned from faucet sites. Yeah,but i dont think that actually people who dont have any skills are doing faucets,i would rather say that people who dont know about any other good ways to earn btc without investments,becouse the still dont know how faucet is bad, comparing it to any other ways,like even signature campaining,on newbie rank. Earning from faucets is not an mistake, as that is the only way to earn free bitcoin for a newbie, but over a period of time they can develop their skills and try to find better ways to earn. |
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The Bitcoin was rising a good but a couple of weeks ago, the price almost reached $800 and many people were waiting for the price to reach $1000 so that they could sell.
I am also waiting for the price to reach $1000, if that happens I will sell some coins.
It is better for the price to drop below $780 two weeks ago. We do not need a big pump and dump of the bitcoin. The bitcoin price is around $620 now. That is a drop of 9% in the last two days. So the price bubble is deflating. But for the fact that halving is tomorrow will be occur it have high chance that price may burst for these time passes because still many people wants to buy for the last minute and do short trade to earn money with bitcoins at the last hout for his event although its risky idea but for the fact that halving ia nearly occuring well theirs no doubt that bitcoins price might lift up tommorrow. Price is going down since last few days, and I don't think now price can go higher at halving, so we should be satisfied with the price that halving shows us. |
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The halving effect can be felt now. The price of bitcoin is rising fast. It is over $680 now. $700 is in sight.
That is right. The price is quite stable at the moment. The price is around $600 to $700. It might go above $700 after halving. Well I hope that before halving it will go above 800$. If it goes that high ill think ill sell some portion of my bitcoin. I think I will also wait for 1k$ if it is possible. Ill wait for it and leave some portion to sell. You'd sell at $800 during a halving event that takes place every 4 years and this one occurring at the end of a 2 year bear market? You must be new to Bitcoin. Welcome, please stop by the newbie section when you have time what's wrong with some one securing some profits at very interesting price levels? people are free to sell and buy bitcoin whenever they want. i have secured profits well above the $700 level and bought back $100 lower than where i sold them for. that's called smart trading. it allows me to increase my coin count while the price is going higher and higher. Yeah, sell it when you see profits in it, and buy when price drops, we need to take benefits from price fluctuations to make quick profits and that is the correct way to play with bitcoins. |
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You should not sell everything at once because there is always a chance that the price is going rise after that.
So then you have missed out on some more money which is bad and you will regret that.
Yeah selling everything is not an good idea as price may go higher in future, so if you are holding some coins then you have an opportunity to sell your coins at that time and earn higher profits. |
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Now is the time for buying bitcoin, we will not predict the price after halving, In the past three months alone, the price of Bitcoin has: risen steadily from below $350 to the low- to mid-$400 range, spiked past $700, plunged back down toward $600, stabilized around $625, surged again past $650 around Black Friday, then jumped even higher after a potential uncovering of Bitcoin’s creator to about $646 as of this morning.
Yeah that's right even now is one of the right time to buy bitcoins because the price is stable at $600+ and it can be skyrocket up to $1k just after a few months so it's better to buy a lot and keep holding it until the price would reach our desired expectations. But IMO for some assurance to save money it's best if he just buy after halving because it's expected for the price to be cheap because of panic selling that could possibly happen. Price may go higher or lower after halving, no one can predict the exact picture, so it would be good if we buy some coins now as price is reasonably good to make some investment. |
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Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.
10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit. I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise. That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin . Why you want to invest your money in bitcoin if you have an opportunity to earn it, you can earn it in multiple ways and whatever you earn save it for future, and hard work definitely pays. |
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I definitely agree with you. Taking on a risk that is too great definitely won't help your saving target or your financial situation. What you need is diversification in your investments.
Never take too much risk either, that is bad.
Every investment has a risk so if that's your concern make sure that you are risking for an investment that really worth to try. There are lots of worth to try investments especially in real life. Don' put yourself in an investment that you know it can't bring you in a long run. It is always better way to invest in real world as it is more stable than to invest there than in bitcoins, since bitcoins is risky but has a good future we only need to put an amount we can afford to lose and if we succeed then put your profit in real life investment. As an investment, bitcoin has been unpredictable. Today, people investing in bitcoin are doing so in a speculative nature. This is for sure a high-risk, potentially high-rewarding investment. Higher rewards comes with higher risks, no doubt investing in bitcoin as no one is aware about the future of bitcoin, but if it works in long run then we can earn higher profits. |
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