Have you guys ever used bitcoins like a payment method?
How hard it is to explain to someone what's bitcoin?
In your country there are many stores where you can use the bitcoins?
Do your friends related to bitcoin? Do they know what exactly is a bitcoin?
Many times I have used bitcoin like a payment method. It is hard to explain bitcoin to those that do not have knowledge about the technology I haven't found any store that accepts bitcoin, my friends know about bitcoin but not in detail. Even a person do not have knowledge about the technology we can motivate them to used bitcoin anything are able to learn by reading and searching if we have give them a link about bitcoin they can learn how to used bitcoin. But me bitcoin is part of my daily routine i keep give time to work in bitcoin even i have regular work. Yeah I do too. Sometimes I say to myself it will just take some minutes I will just check its price. Then, you wont even notive you have been reading for a long time. It became my daily routine. |
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i think that loans are really too risky, if you want to make some money then you shouldnt do that because people might just steal your money and that would be it
I wouldnt do that also except for a friend that I can see personally and a real friend. I just cant trust anyone who I know just online or in some forums. Maybe someday but not now. It is really hard to risk. |
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shouldn't you already know the answer since you are a hero member?
He wants some information and we share our experiences so let us just answer it. I see a lot of this in facebook but havent tried to get in it. I am same as you I think. Thinking they are all fishy for this kind of large percentage which is also daily the more fishier it is. I would not do that if I were you. I would rather work it out to gain some more than lose a lot. If they offer just a low amount for starters you could try but if you see that it is like letting you get hooked in it, you should still be careful. |
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The post is from October 2015 so if he did get the best answer here and follow it this guy must be rich now.  I hope I questioned bitcoin like this also way back that time. My money would have been tripled. |
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Fastest Way = Gambling of course, with an edge of 49.5%, one round less than 10 second you are done. But its really depedns on luck Safetier Way (Even able to Triple + OR more) = Trading. Altcoins trading require good knowledge, understanding if supply demand is purely pump and dump or the value in it. Just go on the right way, you will end up profit + Knowledge  Great information here. Must read. Another knowledge in gambling though. You got a bigger chance of losing so you might want to take that of your list if you are a starter. When you become richer you could go back to that.  |
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well, I see topics kind of "bitcoin is dead", "sell" same as I see topics "time to buy" "bitcoin rise", so I do not know what to believe. But I have some friends here who are longer in all this and have like hero rank, they all say that all those topics about death of bitcoin created to make people sell it to somebody could buy it by the low price and in a time, when price for bitcoin will rise - some of those people can became a millionares.
And your friend is correct with that. They create false information for people to get scared and maybe try to panic sell. That way price will go down and they will start buying as many as they can. |
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wow this will be the best question i've been read in this forum ofcourse yes i love bitcoin because i can use it on trading also where i trade my bitcoin into alt coin so that i can grow my bitcoin too and 1 thing bitcoin is not that stable it always increase or decrease but im happy if this happens in our country someday and for the future <3
Have you really thought about it first? Bitcoin as your salary. No matter what happens? If it falls or rise same price as it is on the contract? I cant imagine it yet. |
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At my opinion in every country goverment understand that bitcoin is becoming is really popular and creating different plans how to start earning money with this hype, we will see it in future.
I guess the government just afraid of excess bitcoin, which transaction is very difficult to trace, because it can make people who are not responsible for the transaction to go around without fear of being caught. but I think the government realized the importance of bitcoin could change the economics of a society for the better They just dont like something that they don't see. They want everything under their surveillance, their law which they created that they can't even follow themselves. If something is not under all them, they start to intervene. |
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I personally have no problem being paid in Bitcoin. However, fiat is far better than Bitcoins in terms of stability . Also, there aren't as many business that accept bitcoins as compared to the number of businesses accepting fiat. I'll do fine but IMHO BTC isn't ready to be paid as salary to people yet.
Are you sure to getting a paid in bitcoin form? and not feeling doubt to using a bitcoin for your daily life? it's ok if that has just become side income for you but for the mainly income i'm not sure about that.maybe will need consider again about it. It is really risky if you are going to accept bitcoin as your salary. But if the company is forcing you to use bitcoin then let it be. Just exchange it to fiat afterwards you are going to receive your salary in your bitcoin wallet address. And as of now, stores are not yet accepting bitcoins in terms of payment. So, it is still hassle. agreed, it is hassle to exchange you bitcoin into fiat every month or every half a month if your receive your salary in 15 30 basis and also you can not received your salary as a whole like before because every exchange you got charge for the services on remittance center or in the bank. Yeah that's why if my boss is going to ask me that he is going to convert my salary into bitcoin. I'm going to think it first or if not I'm going to disagree. Because it is very risky when can't tell what is going to be the price tomorrow. So, it is better to be wiser and let the fiat money get paid for your salary. That is the right choice. If you really want to invest in bitcoin then it should be your choice. Not the choice of your boss or the company. No one should force you and the salary should still be in fiat. |
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Of course bitcoin affects life a lot specially those people who need additional income to support their family needs, like me that is why i am here to get additional income to increase my monthly revenue and also having an investment is good for the future bitcoin has
I have that kind of thing too. Due to lack of my salary in my day job I need to create more money in every ways possible as long as I am doing right. This bitcoin thing lets me have some for my family and more for savings. |
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What do you guys think?
Since the price keeps going lower the whole day.
Also why is it going lower ?
Which price of coins do you mean? Should you must give us more details of coins because there are many coins. But if your mean is price of bitcoin, it will going down slowly after halving block and we can saw at last halving block price of bitcoin down. nope i thought by many people actually halving will give a high price for bitcoin. to the current price of bitcoin is more likely to be stable. but I'm sure the price will go up a few more days. because as happened before halving will give a high price I would rather think that it already happened before the halving than expect for a higher price. I already profited from that time so I can relax for now and if it goes up again then hail bitcoin. |
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Like many people here I also started to get bitcoins through faucets. After a year of hard work with the many faucets, I came into this forum and joining signature campaign now I am making some good amount of bitcoins with my campaign. Signature campaign is the best way to get bitcoins in decent amount for efforts we are putting in.
Why is it that there are lot of people who just lean on this signature campaign. This should be a bonus to everybody. There are lot of works out there and that can also help for the increase in bitcoin popularity. This advertisements are for making their websites popular and it is different. |
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No I do not and this is simply because of the fact there are no local stores here that are accepting the bitcoin as a payment. I hope they will soon but it will take a while for sure here.
That is somehow sad. I guess you should just use it online. We cant force our country or company CEO's to enter this kind of payment but no worries someday they will somehow. |
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I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.
That is cool. Now you will be using it for good. That is how bitcoin can provide us with different needs. Surprises could be better but gifts are great. Hey! can I have one too? |
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Probably this is the best year so far, 2016 has a great record as it doubles the opening price in this year alone and considering that we have at least 5 months to end this year we might see another skyrocket of price again as the halving effect was not yet felt by the investors.
this year is not one and realistic price should be over 1000 by end of this year Maybe even more after new year over 1500 I think if you think that this year will be the year of bitcoin if the price could go up and touch the price between $ 1000- $ 1500. I think this year is not the year of bitcoin. because it would be very difficult for bitcoin to be increased 2-fold within one year. $ 650 to $ 1,500. I think it is something quite impossible You really think so? You are a senior. Did you not see how it doubled for just months? It didnt even take a year. Maybe we need a little more trust. It is like this thing happening also. Slowing down, rising and falling then it booms again for a larger price. |
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Yes Bitcoin can be Used For illegal Activities Because Bitcoin is also used in Black market and in black market illegal things are sold for Bitcoins then it is used For illegal activities...
Every currency is used for illegal and legal purposes. Its the people who and for what purposes they use it. As BTC is a digital currency and can be transfered anywhere without the knowledge of anyone else, it has much chance to use for illegal activities. that's correct as how fiat been used bitcoin can do the same especially if going to use it from the web, everything is possible and i think legal or illegal would be depend on the people who are using it and bitcoin unique offer no need to provide personal info just the add itself you can process your activity. You mean bitcion being anonymous. There is still information but not a lot is needed. But at this way also it is limited to send money. The sending limit will be according to how much information you would give. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not. If it will be 50 years then that is a lot of time and maybe one of us is not posting here anymore. Hell, even 20 takes a long time and there is a lot that could happen. Maybe it will not be called a coin anymore. |
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I could remember when I was a Newbie like you and I was hoping for a fast link to make bitcoin and later I get to know that in the world of bitcoin you have to work harder,improve your post quality and stay tight with the forum service area cos opportunity to make fast bitcoin happens any thing.
Though it is not just signature campaign that can make it work. There are a lot out there just keep searching and be careful not ending up with some scam sites or some that you will work but will not pay. |
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i think loans might be really risky, to be honest people might easily just not return it back if they borrow money, and that would lead to a huge loss so i dont loan my money
Loans are always been risky for both part, for lender and for borrowers. In lender, it is going to be a lost of his money when the borrower is not going to pay for the amount of the loan and interest and the borrower is just going to depend on his collateral and don't mind to pay using it. And for borrower, it is going to be a downfall for you if you aren't able to pay for your debt. There should be always a middle man with this. Someone who could be trusted by both side. If none then a loan cannot come to a go a deal. It would be better to not do it or else someone might get scammed. |
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Money is power. You can do a lot of things when you have a lot of money. Specially now that its prive is so high. I would go for different exposures in different malls. Internet advertisements are the best ones for so many young people are always online.
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