Bitcoin Forum
June 14, 2024, 03:49:45 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 [283] 284 285 286 287 288 289 290 291 292 293 294 »
5641  Economy / Gambling discussion / Re: Did you ever lose time from work or school due to gambling? on: September 04, 2017, 12:10:25 PM
I am often late from work due to gambling. Did you ever lose time from work or school due to gambling?   

To be honest, I never really tried gambling like going to casinos or betting my money into websites and relying on the risks but I know some of my friends experience conflict due to their addiction. On your case, that might be an early sign of addiction to gambling and you need to know your priorities well to avoid any further harm to yourself and to your relatives/family. Try your best to maintain your composure to prevent getting dragged into the gambling world because at the end of the day, you will inevitably lose and exhaust most of your money if you do not control your addiction.
5642  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than Cash. on: September 04, 2017, 11:42:45 AM
What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

Look at the benefits of bitcoin.

* Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc.
* As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used.
* No fees. Unlike cash, hasn't 2%-3% of inflation every single year.
* Accepted for Food Shopping & Micro payments via electronic card.
* 0 confermations time, with introduction of "instant pay" function.
* 0 exchange risks in use of proper securities and competent insurance.
* any entrepreneurs is able to understanding of the value of payment.
* No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month.
* Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven.
* Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.

Reasons on why people use cash or credit cards, ATM and Banks:

- Cash is used everywhere and is seen as the main medium of exchange across the entire world. Every country has its own denomination of cash and the government prohibits the exchange of it;
- Not everyone is knowledgeable and aware about the existence of bitcoins;
- Almost all of the stores, retails, and shops use cash or credit cards as payment for their product or service;
- It is relatively easy to acquire cash compared to bitcoin; and
- NOT EVERYONE HAS ACCESS TO THE INTERNET ESPECIALLY SOME DEVELOPING COUNTRIES

Though we all know that bitcoin may be superior in terms of its value, cash is still the most relevant exchange around the world. People may see bitcoin as emergency cash or investment, but the fact still remains that it serves as payment for our future needs. You are definitely right about the advantages of bitcoin compared to cash but implementing the system of bitcoin as the main medium of exchange may potentially destroy the economy of some countries due to its nature being hard to regulate and on the internet itself.
5643  Economy / Economics / Re: Investing money on bitcoin..! on: September 03, 2017, 05:47:43 PM
Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?

By purchasing bitcoin and not spending it, you are actually increasing the value of your money by taking advantage of bitcoin's volatility and decentralization. Compared to bank investments, investing into bitcoin is far superior due to the profit that you yield in the short or long-run. The price of bitcoin tomorrow might be higher compared than today and we may never know that its price might skyrocket again. But comparing its value two months ago, it increased up to 250% from $1950 last July 2017 to $4648 today each bitcoin. Investing your money here would be the right choice especially if you are considering long term investments.
5644  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: September 03, 2017, 05:34:59 PM
Advice, tips, speculation please.

My best advice for you is to just wait and take advantage of the bitcoin's volatility through time. By just checking the price history charts, you can see that in the past 2 months bitcoin prices increased up to 250% after the fork. You can just wait and let your bitcoins value increase through time but this also depends on your perception towards bitcoin. Meaning, you can treat your bitcoins as emergency money so you can convert it to fiat anytime when the need arises for you to do so. Lastly, that is also the reason on why bitcoin investments are superior to bank investments due to yielding income greater and faster.
5645  Bitcoin / Bitcoin Discussion / Re: How many people left their full-time employment to go into Bitcoin? on: September 03, 2017, 02:00:42 PM
I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >

In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?

How many people have done this already?
i also heard someone left their full-time job to speculation, but none of my friends did, i think its unwise to do this for the market is changeful and they may lose all, unless you enter this industry, otherwise they better have a steady income besides btc

It highly depends on the individual on what field he/she wants to focus on. There are many advantages of one staying on a company due to the benefits it provides on the long-run including health card insurances, social insurance program, and other essential insurances as well. Not to mention, the training it provides for people are irreplaceable and unique depending on the company. I highly discourage people leaving their current job for pursuing bitcoin because I believe that you can focus on both worlds at the same time while retaining a luxury.
5646  Bitcoin / Bitcoin Discussion / Re: What is the highest amount of Bitcoin you earned? on: September 03, 2017, 11:08:31 AM
Since I'm still a Newbie, I just want to know what is the highest amount of Btc you earned? (especially for high rankers). And what are your techniques to become successful?

I'm curious of how much can Bitcoin change one's life Smiley

I started joining bitcoin last June 2017 and I was too, a newbie like you. The highest bitcoin earning that I got is only around 0.0069 btc that came from my campaign signature weekly. It may be lower than the others but the pay is consistently every week. Once you rank-up your account to Jr. Member, then you will get the opportunity to earn bitcoins from campaign signatures (which I think is the best way on earning due to its flexibility and demand) weekly. Just be active enough and follow the guidelines presented on the campaign!
5647  Other / Off-topic / Re: Are bitcoins only for the educated and knowledgeable people only? on: September 03, 2017, 06:19:14 AM
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

Of course not but having any knowledge and education which is relevant to cryptocurrencies will certainly give them an edge among different people. If the person has any background regarding financial aspects of investments and trading, then he/she would likely know WHEN and WHERE to invest their money properly which greatly reduces the risk of losing money. On the other hand, individuals who does not have any knowledge regarding bitcoins are not actually on a bad spot, rather they still have room for experiencing and learning the basic tricks and trades of bitcoins.
5648  Economy / Economics / Re: Tell me your predictions about Bitcoin on: September 02, 2017, 06:03:14 PM
What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

By just looking at the price history charts, there has been a constant increase on the price of bitcoins after the fork that happened last August 2017. Last July 2017, the prices of bitcoin went down to around $1950 and it skyrocketed up to now reaching $4670. The price increased around 250% in a matter of two months and investors are taking advantage of the price increase for their investments.

I speculate that by the end of 2017, bitcoin prices will reach almost up to $6000 and now is the time to invest into bitcoins. I also see bitcoin in the next 5-10 years dominating the world of cryptocurrencies and providing opportunities for people who are unemployed and underemployed in order to fully utilize and maximize its potential economy support for them.
5649  Bitcoin / Bitcoin Discussion / Re: Investment technique for Bitcoin? on: September 02, 2017, 05:41:51 PM
Can you teach me on how to invest in bitcoin wisely? I have a tight budget for it!

Investment in bitcoin may even without having any capital from it. There are several ways provided by this forum for users to have the opportunity to earn bitcoins through doing service, skills and abilities, campaign signatures, mining, faucets, gambling, and investing. This totally depends on the attributes you possess which fit that users on this forum are finding. To answer now your question about the technique for investing bitcoins (assuming that you have already some coins earned), by just actually waiting you can yield income which is greater than bank investments. Take advantage of the bitcoin's volatility in the price and do not convert your bitcoins to fiat unless the need arises.
5650  Economy / Gambling discussion / Re: How can you tell if you are suffering from gambling addiction? on: September 01, 2017, 05:54:25 PM
If a person can not refuse to gamble and is uncomfortable because of a lack of opportunity to play, then he already has a relationship with which one can not self-correct.

I agree and most specially if he can not control himself and the amount of money he/she plays when he gamble and would not be an issue if he/she losses. And plays everyday, yes he/she then does have a relationship with gambling already.

Well here are some of the factors that you might observe when one person is being addicted to gambling:

1. If the person relies on gambling as a means of earning profit;
2. If the person plays non-stop, even exhausting all of his/her resources from gambling;
3. If the person borrows money from his/her relatives or friends in order to gamble;
4. If the person gambles on a daily basis, resulting on a negative impact that affects his/her parents or family; and most importantly
5. If the person is in serious debt

There are still some factors that I did not mention but based from my experience and observation, mostly those are the symptoms that rise when a person is addicted to gambling. It may be very difficult for one to change his gambling habits but with the right guide from his relatives, friends, and family nothing is impossible on changing. If the person still rejects change and continues his gambling ways, then this would lead to total destruction of his relationships and life as well.
5651  Bitcoin / Bitcoin Discussion / Re: What Will happen if all bitcoin already mined ? on: September 01, 2017, 05:46:57 PM
There are only 21 million total bitcoins that can be mined, what will happen if all bitcoin is already mined?


From what I know, the law of demand and supply will be relevant in terms of determining the price of bitcoins on the market. If there are less supplies (meaning all bitcoins are mined out), then the demand for the bitcoin will increase resulting to a significant impact on its price. But from what I know, this will probably take years from now to be fully mined out. Another thing, I guess that there might be a cryptocurrency that may potentially replaces bitcoin on the future.
5652  Economy / Economics / Re: How to invest in bitcoin? on: September 01, 2017, 05:31:14 PM
I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?

Please share your thoughts. Thanks.
If you want to invest in btc you can buy it from some platforms then do tradings but it is kinda risky so I recommend to you that if you want to earn some bitcoin you can join in some campaign that pays bitcoin as a salary it's either signature, social media, or blog campaign. If you know other languages you can do translations of ann, etc.

I agree that joining campaign signatures might be one of the most convenient way of earning bitcoins but another option is also by just waiting! Due to the prices of bitcoin being highly volatile, the price tomorrow might be higher than today resulting to an influx on the price by just waiting and letting your bitcoins earn by itself through time. Just take last month as an example, the prices of bitcoin around July 2017 (before the work) were around $2300 and it even got to $1980! Comparing it today, it even increased up to 230% of its price last month. By just literally waiting, you are actually investing!
5653  Bitcoin / Bitcoin Discussion / Re: How to get bitcoin every days? on: September 01, 2017, 04:26:26 PM
How can you earn 40 dollars a day in bitcoin?? , let's share the knowledge on this topic , and hopefully we get more success after share my experience in here

Like everyone posted here on this forum, there are multiple ways of earning bitcoins everyday or per week depending on the skills and abilities you possess. Here are some of the methods I think are effective in order to earn 40$ a day:

1. Providing services that involves skills like creating signatures, language translations, and any other services that might be asked;
2. Trading variety of things that involve bitcoin as a payment;
3. Investing your bitcoins and hope that the price skyrockets;
4. Joining campaign signatures (though the fee might differ depending on your forum rank);
5. Mining bitcoins and faucets; and
6. Gambling your bitcoins and pray that you win (I highly discourage you to choose this).

Those are the few methods that I think that are achievable and reliable enough for you to earn but it highly depends on your will, patience, and determination towards your goal. There might be other ways that I did not mention but most of them aren't able to achieve the $40 per day pay.
5654  Economy / Gambling discussion / Re: Trading vs Gambling on: August 31, 2017, 05:33:30 PM
Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue

Well, trading and gambling both involves risk but trading is the one that I prefer more. Gambling creates an attitude of you going-in and out regardless of your winnings or losses. It creates an endless illusion on the individual about their perception of earning, but unconsciously exhausting all your resources until you are left with noting. Trading on the other hand may seem unreliable due since it involves trust on a stranger but this can be completely answered by having a trusted middleman. Both may be unreliable or risky but trading is the safer choice on earning btcs.
5655  Bitcoin / Bitcoin Discussion / Re: Why are fees going so high? on: August 31, 2017, 02:04:23 PM
Hi,

I don't understand why the fees are getting so high right now? Smaller transactions get eaten alive.


I guess the reason behind that is due to the price of bitcoins increasing per day. You also need to consider that there are approximately 8-10 million bitcoins left to be mined out and this calls for supply being drained constantly through time. Also, the primary goal of a business is to earn money, therefore increasing their transaction prices as bitcoins popularity constantly increases seems to be the obvious move.
5656  Bitcoin / Bitcoin Discussion / Re: Do you think digital currency will ever replace paper money? on: August 31, 2017, 12:05:55 PM
Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.

What do you guys think? Wink

Do you include digital fiat money (like USD) under digital currencies? Because I do think we are heading towards a cashless society. I very rarely use cash myself. Countries like Sweden have already made quite a lot of progress on that front.

But many bitcoiners also believe that BTC and other cryptocurrencies will replace fiat money. I have a hard time believing that. As long as governments exist, they will demand that their fiat money be accepted.

I disagree with bitcoin replacing cash anytime soon. It may be possible in the future but in the next 20-30 years? I doubt it. Due to bitcoin's nature being available through the internet, we must consider that there are countries who do not have any access to it. Take for example, developing countries need to focus first on problems regarding their economic status, rather than prioritizing internet access across their country. If this ever happened, there will be turmoil across the globe and developing countries' economy will crash, resulting to the rich becoming richer and the poor becoming poorer.
5657  Bitcoin / Bitcoin Discussion / Re: What is your basic requirements to do bitcoin/altcoin job? on: August 31, 2017, 01:40:51 AM
I'll answer my own topic,

I'm using Low-end Laptop and a 4G-LTE broadband for bitcoin/jobs and I think it's okay enough for having those and start finding or participate in any for getting bitcoins or other cryptocurrency. Since I don't have jobs and penniless even today because I don't have higher educational attainment or I'm still in high school graduate, I'm start working on this bitcoin signature campaign since I was a newbie and good thing I earn more than 2x-3x than my sister salary who working on water public service, a government job (Only my sister has the highest salary in 6 family siblings including me, but not today sister  Tongue) and sooner she will promoted due to his very good performance.

You can share yours when do you start doing bitcoin jobs and what things you need to do it. Smiley



~Franz

Hello there! We are in the exact situation wherein before I started joining bitcoin, I do not have any starting capital to be able to mine bitcoins, or to invest any. My friend told me that joining campaign signatures was one of the most convenient way of earning bitcoins due to its flexibility and accessibility throughout the campaign. All you need is a working computer (or laptop) and you are good to go! I also study, while at the same time participating on these campaign signatures and I noticed that the only hindrance for you joining is the ranking system based on your account but once you are a Jr. Member in terms of rank, then you could start earning money!
5658  Economy / Economics / Re: Bitcoin: Best investment in 2017? on: August 30, 2017, 05:21:29 PM
Bitcoin price has outperformed every reserve and fiat currency across the world year to date, yet again. By outperforming the US dollar by over 30 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.

Thus far, 2017 has been a successful year for both Bitcoin investors and alternative cryptocurrency (altcoin) traders, with leading altcoins or crypto assets such as Ethereum achieving a $5 bln market cap in early April. The Bitcoin market, however, experienced some major changes in its ecosystem earlier this year. The major driving force of Bitcoin price in 2017 is suspected to be the resolution of the Bitcoin network’s current scalability problems.

The Bitcoin network’s one MB cap on block size is causing Blockchain congestion, a drastic increase in fees at times and long confirmation times. If Bitcoin scalability issues are addressed within this year, with innovative solutions such as Bitcoin Core’s Segregated Witness (SegWit), Andrew Lee’s Extension Blocks or other potential emerging solutions, Bitcoin price will most likely demonstrate an exponential mid and long-term increase.

Would you invest in BTC this year?

I think it's too late to invest in bitcoin. Since the price of one coin is too high and no one knows what will happen tomorrow.

I heavily disagree with your statement. It is never too late to invest into bitcoin since due to its volatility in the price, the price of it tomorrow might be higher compared today and by just checking on the price history, there has been a steady increase on its price these past few months especially August. This month, bitcoin prices skyrocketed up to 60% of its price compared last July 2017 where its lowest price reached to around $1900. We may never know that the price today (which is $4587) might increase on the next month and that is why it is never too late to invest into bitcoins.
5659  Bitcoin / Bitcoin Discussion / Re: Earning enough with Bitcoin without Job ? on: August 30, 2017, 11:29:46 AM
Steady income from Bitcoin or Crypto is possible, I'm currently making good money by trading, An OK earning. Hopefully in future I could make shit load of money by trading or investing.

Yeah I agree that by trading we can have a good income but of course it will depend on the coins that your holding.
So buy good coins that are truly promising.

Its possible to have a good income here without a job but it all depends on your skills and abilities. And of course you have at least some funds to sustain your daily needs and for some capital to start trading.

Well it is possible to earn decent amount of money by investing most of your time into bitcoin trading or services but I do highly suggest that you should not replace your job with bitcoin only. You can always serve two masters at once so why quit your job? The training that you receive is incomparable and irreplaceable, plus it molds your skills and abilities to become more efficient as an individual. I know a lot of people who engage in their current jobs, while at the same time focusing also on their bitcoin investments without compromising their time for work.
5660  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: August 30, 2017, 01:18:24 AM
First and foremost governments worldwide have different perspectives or views toward any issues, in this aspect the bitcoin-- if and only we only have government that we belong to a single unified country that would be not impossible. Bitcoin is a form of CURRENCY that can be used to pay for things, properties or services, if they categorically say that then we could also push to say that other currency could be illegal-- just like Dollar or Yen for that matter. it doesn't mean that if something is different its already illegal, people or government need to study it first to take advantage of the situation. Tax can be impose, if they regulate it.

Exactly. Bitcoin's nature being decentralized makes it very difficult to regulate and the identity of the trader is anonymous, making it the perfect transaction medium under the dark web for illegal trading, buying, or selling of drugs and other stuff. Like you said, bitcoin right now is being treated as another currency since it holds a huge amount of monetary value and the government needs to impose tax in order to gain profit from it. Lastly, here in my country the BSP (central bank) sees bitcoin as property and not money, therefore it is not subject to legal tender.
Pages: « 1 ... 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 [283] 284 285 286 287 288 289 290 291 292 293 294 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!