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I looked into cloud mining when relatively new (say two years ago) as well. I read NO success stories among those (non-tekkies anyway) who tried...
actually there's so damn much of succes stories floating around about investing in cloud mining and gaining success but unfortunately those stories aren't real or the stories are real but it's the cloud mining owner's stories because he's scamming through his ponzi scheme LOL. |
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With negative interest rates, I think insurance is a dead duck these days. I've been investing in Internet domain names to provide an income, and a capital gain. It's getting hard to find good ones now though.
just curious how is investing on domain names works,i've been working in domain names since years ago but just can't figure out how to invest because people are rarely buying domain instead of creating the unregistered ones,just figured out in few domain names marketplaces but most of them have low rate of price |
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Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?
Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.
I will find a way to earn more from bitcoin, I will quit my day job. But now I think it's really riscky for me. that's indeed very risky especially if you don't experienced on bitcoin,don't have any business and you just quitting your job for the sake of bitcoin and trying with only confidence and don't thinking about it twice,there's no guarantee you can make bitcoin and fulfill your daily needs though |
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I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.
That's smart but bitcoin might be a very good long term investement too since bitcoin price will keep increasing. Imagine the price of bitcoin after 10 years if it stays the #1 cryptocurrency then we will all be rich or very wealthy atleast. In terms of security as the guy said above gold is better for long term because gold never drops its price how bitcoin does, but in terms of profits bitcoin can be much better than gold because gold cannot grow as much as much bitcoin can in coming time. bitcoin winning in terms of profits because bitcoin's price could rising up fastly and falling down faslty either while gold quite stable and most of case always rising up but not that much,also that's why traders prefer bitcoin than gold |
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Found this old article by guess..... Vitalik Buterin (founder of ETH foundation) https://bitcoinmagazine.com/articles/introducing-carbon-wallet-1367863785It have published in around 2013 so showing this wallet is pretty old but haven't tried them so don't know how they works. Also i was unable to find any recent comment / review about this wallet, never heard of them before. Blockchain.info is enough for me as web wallet till now. I found that article as well but If you look at the picture shown on the article and check how the website actually looks like now , you will see that they don't look the same , which makes me think that the actual carbon wallet went off and someone else bought the domain. Or there is also chance that they may have upgraded their script as well as their frontend, but better to stay away and use blockchain.info or electrum like trusted wallets. yeah they're updated the bootstrap to the newest one + major interface changes and also having better looks to be honest but if the site still in grey condition that's between trusted or untrusted better to stay away,because as you know wallet is the such a really important thing for bitcoin,not going to put my bitcoin and risking it |
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People can hate bitcoin all they want who cares we know there's no reason to hate them unless your some kind of competition.
Maybe they hate them cause it made people easily rich in the past and now they envy those people.
so in your opinions they're bunch of people that envy to those early adopters who's now turning out to be millionaire,that does make sense especially if the one who hates once miss the chance to be those early adopters and just don't give a shit to bitcoin but ended up being regretful person |
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As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.
40% of your earnings is too high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget. Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else...  The most conservative approach IMO is just to save at least 10% of your earnings so you can still live a normal life, we are living in this world to enjoy and do our responsibility in the society and that is to balance of way of living as well. If we save at least 40% of our earnings we are not living a balance life. it's indeed you'll not living a balance life if you saved about 40% but it's temporary,after you're done saving you can but what you want and then get pleased for what you've done by saving money,you need effort first to get a good result |
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If it's desperate, then I would consider asking my friends and family first. If that doesn't work out(which I'm sure will) then I'd try to take a loan with a collateral. And If that doesn't work out too, then I'd consider selling the collateral for a low price. If I were in desperate need for money..I'm assuming the money is not a very very large sum If I am desperate in need for money I will not go to the bank because if I will going to take a loan there are just going to reject my application. Because I don't have stable job and I don't like to pay interest rates that they are going to put to the borrowed money. I will just going to use my savings if I am really desperate. If someone has savings then he probably doesn't need to borrow money from a bank or someone else, but if the case is different from yours means if someone does not have any savings then he will be compelled to take a loan or borrow some money from someone. LOL that's really fun,if someone just in need of money but have saving there's no way he can feels desperate,he just need to take out the funds out of his piggy bank and the problem solved,and as you say in this case the person don't even have any saving left |
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People have been trying to hack bitcoin from years and of course there haven't been any success, The network is extremely strong and is secure enough to stand till now, I am sure it wouldn't be hacked with a calculator or anything like that ever IMO.
well hacker would prefer hacking wallet or takeover the addresses control from people that's vurnerable rather than trying hard to hack the network which people said near to impossible,and the fact that i've seen few people got hacked their wallet and none case of network hacking |
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Why do people use so many Bitcoin wallets?possible to take giveaway,usually many people use more than one bitcoin address it to take giveaway
but it does not much like it,but I use more than one address only to send send only,because I save my bitcoin in blockchain to Coinbase and others
but using 1 bitcoin address it better
if you're talking about giveaway here,the address is just for sending the prize while actually if you're having many wallet but still using one account it mean you will only get one giveaway,so having many wallet have nothing to do with the giveaway thing |
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When the bitcoin price is not stable, the salary will be based on the US dollar. You can get bitcoin based on its dollar price.
That is a way to solve that problem but if you are going to do that then, why will you accept bitcoin in the first place? Wouldn’t be better to accept dollars instead of bitcoins? Exactly as it is. Why bother to receive bitcoin if in the first place it was just a converted one and you will just used it quick once you receive it. Earned bitcoin salary in those bitcoin works and work in the real world to earn fiat. That way bitcoin are just saved. i guess there's exist an individual that fulfill his needs through bitcoin and pay everything with bitcoin or if it wasn't reached this stage yet,they're probably want to live in that way so they want to receive bitcoin as their salary |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life. Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer. LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple |
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the coin is just not popular anymore,failing,or can't attract people to buy it so the price is low,but whether the coin is failing only can be decided by looking into the coin's 24 hours volume were traded,if no one buying it for about 1 week or more then it's sure a fail coin
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If we want to know what is better bitcoin or paypal, maybe we must look the facts. From http://coinmarketcap.com/ source, marketcap Bitcoin about $9,625,187,565. As my oppinion Bitcoin is better than Paypal. actually the 24hours volume most only comes from trading activities that make the bitcoin were traded in the following days was very much and rapidly so the result would be very big in my opinion and you can't use this data to compare with paypal,i think paypal having tons of transaction in a day that probably more higher than bitcoin,who knows? |
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That is why emergency funds shouldn't be taken for granted and not be considered as optional. We should be able to build an emergency fund that is equivalent to 3 to 6 months of what we spend. Better if we can make it bigger so that when the time comes that we are in dire need of money, there is some emergency fund on standby. And even if it is not enough, that should serve as a first aid.
the thing is sometimes if you have an emergency fund and you faceing just a "little" problem then you will took the funds and not going to try hard to resolve it without using the funds that makes when another problem coming up you're out of emergency funds |
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Dealing in with a person you don't know is always risky IMO, you need to be careful in choosing the location to a public place with plenty of people and also try to do multiple small trades rather than a single big trade.
multiple small trades by meeting an individual would be the most risk and such a complicated thing to do,you need to afford for transportation or anything that's needed,single big trade would be the best option if you can have full security at that time when you're going to make a trade |
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I think bitcoin can be used as salary when it comes to freelancing in general , bitcoin prices are very volatile, so it 's not a fixed salary for each I think that we need to consider it like that, I doubt a physical business would allow BTC as their payment method anytime soon.
from my opinion earning from freelancing can't be considered as a salary because it was uncertain sometimes you get paid because getting into project or winning contest but the other time you don't,but i call it earning,but unfortunately most of popular freelancing site doesn't use bitcoin or allow bitcoin as their freelancer's receiving method,even there's also bitcoin based freelancing site but don't seems that popular compared to the popular ones |
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Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way |
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bitcoin is the same money and I don't think earning money can be boring.You always feel happy when you earn money so whenever I earn or get paid in bitcoins it's a refreshing thing for me and i can't get bored from it whichever is the way to earn it.
just wonder whether you're ever get a job or not,having and doing the following job is indeed boring but the one that make people keep doing it because you will get paid monthly or until the job done,so earning is not boring but the effort you put in it makes it boring |
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PayPal and Bitcoin are starting to become 'friends' since the Xapo CEO has been hired by them. Maybe we'll see some collaboration, but we have to know and pay attention to one thing: as soon as PayPal or any credit card or bank gets in business with Bitcoin, the Bitcoin's privacy will be over for many of us. I prefer sitting in front of my computer and having a totally anonymous wallet instead of the partnership with PayPal, which also is in partnership with MasterCard etc..
well that's actually only for a bitcoin wallet,but not for bitcoin's address,the transaction history can be traced by using blockchain explorer,and once the owner of the address have been known then it'll also reveal the owner's activity,so it's better to make no one know what's your address to be honest |
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