It is a matter of habit only. If it's already become a habit so it is very difficult to be eliminated. Maybe just by changing the perception of the road only, and it will not be easy.
I agree with you. in my case, in order for me not to spend my money in unimportant things is that I will prioritize the things I must buy every salary day so I cannot spend it to unimportant things. If I have money left, I usually just save it in my coin bank or sometimes in my separate purse. If something was really unimportant, no one would spend even a penny on it. I think, even such a thought wont cross his mind. Why would anyone buy something that has no importance at all? The point is being a human we have desires and temptations. But first we need to fill our basic needs for surviving in this world. These should be given priority and fulfilled first. Then comes saving. |
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Yeah a lot can relate to your story OP, we all have our own stories to tell about gambling. And I also decided to stop gambling because it wasn’t bringing anything good to me as well. Nothing ever came out good especially in gambling and most of the time you either loose your money because of it or you loose time for your family because you are so addicted to it.
I think that both of the options have some serious drawbacks .As far as investing your earnings in HYIP is considered we all know that it is quite vulnerable to scam. On the other hand gambling being totally dependent upon the luck has a very low rate of wins. Drawing a comparison between the profit- rates in both the situations would eventually come to a result that one should not opt for both of these choices at all. |
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I respect DogeCoin because they have a community that supports it and they are not doing it for fast money!
Dogecoin had been existing even the price is stable and quite low. Well, let's just hope there will be a development to be make in dogecoin. As the price hopefully will increase and I hope it will soon. I hope that it will increase, but dogecoin has nearly never been to 0.01. So i think it would be impossible. I think it can rise but many people would sell all of their coins. So the price would be back and dogecoin will always be low. There is nothing anyone wants to do about dogecoin right now and I am not sure even the developers are trying to do anything about that. It was more of a joke from the start which ended up growing more than expected and it had a lot of support for tipping which has made it relevant till date. Asides from the fact that I like trading it as it gives some pretty good profit, I do not see how it won't just keep on going as it is. |
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Perception of value is what ultimately gives it value, what people are willing to put in to get a unit of crypto currency.
If traders begin investing in altcoins, then their value will go up!
Bitcoin's value is increasing and become even more popular than ever before!
Right. So far so good, traders are trying to stay away from altcoin knowing that bitcoin is definitely going to give them more value and then the altcoins can only give them a little or no value and even end up losing if care is not taken. As bitcoin keeps getting popular by the day, it seems only the strong altcoins can only manage not to keep going even lower than they already are. |
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Do you think Governments could kill Bitcoin?
Indeed, sometimes I also thinking about that, if the governments and big banks around the world cooperate, they certainly could kill of bitcoin from the face of the earth. But honestly, I personally can't be sure it will be happened or not, in my opinion the likelihood of occurr is still small, because bitcoin still really gives many benefits and advantages for many people to boost finances, overcome financial problems,etc and certainly from so many governments + all big banks in all countries will not easily decide to kill bitcoin, well certainly still consider many things. All the government around the world could not even cooperate to do little things, you think it is a currency that has gone massive that they would now come together to attack. Think about it, that is like attacking the masses altogether, that is like stopping them from doing whatever they wish to do. Governments have a limit and the only thing they can ever do at this stage is to regulate it, because trying to stop something that does not wish to stop and the community is growing stronger, is just like looking for trouble, which may even cause revolution. |
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I agree with you some are living daily jobs just to focused on signature campaigns.Making it as priority and only source of income instead of alternative source so they could hold it for the future to earn more profit .Some also rely their dreams only through bitcoin.It could be possible but we must also be ready to deal with failures just like the volatility of bitcoin there's also a probality that our dreams will be volatile too when our only source is bitcoin.So it's better to learn and be updated all the time,do our own research and not to trust right away.If there's a decent job then give a good service while working with bitcoin at the same time.It's just like hitting one bird with two stones- reaching your dreams through hardwork and with bitcoin.
Yeah trend is here many of people are doing so and bitcoin so promising that people think that working in an office for hours and still getting a fixed salary and now the choice is here without working hard just invest on right time and selling on right time will lead you to the happy life and this is the best thing available now and more of it bitcoin is best way to achieve your dreams easily and faster than before. There is no reason to deny this fact that bitcoin is the best thing in order to make your dreams come true. The thing is there are so many misconceptions about the bitcoin in the minds of so many people like us. The most common misconception which is creating lot of troubles for the newbies is that bitcoin is going to have no existence in the future and soon it will lose its value. The problem why some people usually have such misconception is because they have no idea what is going on and some people just see it as a get rich quick scheme or a HYIP without even knowing its value. It is normal, we will always see people like this and there is no doubt about that. As you have said, bitcoin is more like a dream come true, the seasons we have always been waiting for when we can even send cash across borders without any limitations or where the government will not just be making decisions only for their own benefit at the expense of the masses. |
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I joined a few of the telegram groups previously and I don’t think they are reliable. The signals given are usually pump and dump coins, which are pre-pumped. I feel that the groups are making used of the members to mass pump the coins and gain profit from it.
I would rather you to try identifying some good coins and invest for a decent return than being caught in a pumping coin.
That is just what they are doing. Most of these groups started as a pump and dump groups and when they realized that people have gotten so smart to know that they are just making profit for themselves at the expense of the followers, they bounced and then they came up with signals. A lot of them have huge followers and there is no way they will tell you to buy and hold that the value will not increase and only those who were lucky enough to buy fast always reap the benefit at some points and some people always end up losing pretty bad. |
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It depends on the situation. Holding is very helpful but not all the time. Sometimes you need to sell your coin cheaper than to its original price to avoid the big loss.
That is true and it all balls down to the coin you are holding and the situation at hand. Recently, knowing that a huge dump was happening before the BTG fork, I quickly moved all my funds to BTC which is what any smart trader should do anyway once you stay alert. I did not regret the losses cause eventually I made some back and still waiting for more dips at the moment to get more for pumps later on. |
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At the moment it's not possible to use bitcoin like offline currency. To achieve the same fiat convenience, bitcoin has a long way to go. The advantage of bitcoin is obvious but there are still many disadvantages. Hope we can see this in the near future.
If someone asks whether Bitcoin can be used just like offline currencies, best thing to do is ask them a question whether Gold can be used for online activities. Gold is normally what we use to compare Bitcoin, and it can’t be used online except offline. So the same thing is what applies to Bitcoin, except that Bitcoin can be used online and not offline. Both of them are the opposite of each other. Yes. However, where bitcoin now surpasses gold is that some wallet are now coming up with cards connected to your wallet which can make you spend your funds without having to login every time. All you just need to do is to withdraw your funds directly from the ATM or just make use of POS for payment. Over time, the usage of bitcoin would become an easy thing in our daily lives that everyone would become so accustomed to it. |
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In order to use bitcoin in an offline business, you just need to start accepting payments using bitcoin. People will buy your goods and pay for it with a crypto currency. It will be an excellent advertisement for bitcoin
You really have a point there. There are so many things you can do offline and then make people pay you in either fiat or in bitcoin. You will be surprised at how you are first going to target bitcoin fans at first in your country who would be willing to see how it all works and then creating awareness for people to want to understand what bitcoin is all about. Just that you would need to do a lot of explanations to some customers, I have been there and it is not easy. |
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I think bitcoin gives great impacts on individuals not on the country in wide economical aspect. people who are involved in bitcoin, they can earn money and free from any taxes of the country. in this perspective, it certainly makes government suffers financial loss.
As being tax free, is the reason that bitcoin will never give a huge impact to the economy of the country. Practically speaking, government doesn't gained benefits from bitcoin. Only us who are benefiting this as a part of bitcoin community. But if it is happen that we are oblige to pay taxes, then that's the time it will contribute to the economy of the country. Well, even government would not look at you making use of something without having to pay tax for it. Except if you want to do a P2P transaction though, most exchanges would be subject to tax on every transaction which would be paid by every user at the end. Over time, you will still need to make use of fiat at some point cause not everyone would definitely make use of bitcoin and remember, you will always have to be purchasing stuffs as well and as long as you keep doing those things, tax is just definite. |
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Failon Ngayon is nothing but a propaganda tool like any mainstream media does. They were paid and manipulated by the sponsors of the show. The host is nothing but a ex-politician that may not be corrupt or might be but not exposed. Then in this move who will benefits from it and those promise that guy are just like most of the pyramid scammers roaming around, bitcoin or fiat it exist.
In fact, any sensible person should even ignore that kind of talk show. I just checked on google and they claim to be a leading public affairs news show and public service program and they are not even informed ? That is crap! Most of these media outfits are just too lazy to hit the books and do research and it is very annoying when they come out to spew claptrap like this. |
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
Bitcoin has nothing to do with that. It is the people who invested early who should be credited if they are now benefiting greatly from their investment. They made that right move to hold and/or trade which is why they are earning, not Bitcoin. It seems to me that people have a strong sense of greed. They envy those who became rich. They don't think about the fact that people could not sleep at night, risked their money and very often lose money. People see the end result. That's why many have this attitude to those who got rich at the expense of bitcoin. LOL. That is really a high sense of greed indeed and it is really a common thing. As long as you did not take the chance when they all did, then it is fair that you are here at this point at that is the best amount of fairness anyone can get. Time is everything, they have paid their dues over the years. No one can come today and expect to just bump into something that has experienced a lot of development and so many people with fears and heartaches over the years to start dragging it at the same value ? Even life does not work that way. |
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It's never too late. This time it's different since there's a large influx of new users, new investors, new companies willing to accept bitcoin and lots of new things that weren't present back in 2011. Also, bitcoin is still in its infancy even after many changes in the source code. We are yet to see even crazier roller coasters once big players join the party.
It is really in its infancy stage from the look of things just as you have said. We haven't even seen that much huge adoption yet and we are already at this stage. Imagining what it would be like when more companies, merchants, wall street dudes, and other big players start joining the party, then it would be like a speedy train without brakes. |
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If I was a mega high roller with millions in the bank, then I probably wouldn't care.
Whether you're a millionaire or not still 50 BTC is a lot for everyone when they lose it unless you become a millionaire without much hard work means by luck like winning money from gambling. If not. when people lose around 300K money they will surely worry it. Yes 50 btc is a lot and huge money for everyone although he/she is a millionaire. My be i cant sleep every night if thats me, and regret forever in my life why i should spend it just for gambling. Why won't you sleep?  You will just accept your fate and move on! After all, no one would have forced you to gamble that much or made the decision for you except yourself, so you just have to live with it. Although OP was a long time ago, but sometimes the kinda huge amount some people place on bet now, I wonder if they realize in the next few years that what they had lost could have amounted to a whole lot if saved. |
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I prefer to investment in altcoins as they have cheap prices and small fees. But I'll still like to invest a small portion in bitcoin as it keeps increasing and the value will give you a high profit it the near future.
Yes. Altcoins are pretty much at good bargains right now and the best time to get them is now. Some may not get lower and some may depending on the level you got them but all the same, after the fork, the profit from the pumps would pretty much be a great one and I am so waiting for those moments. My all time preference is sticking with bitcoins. Still, time to time I go risking my savings with few altcoins and my risks have paid me decently. Yet I am not ready to recommend anyone to go for investing altcoins. |
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best way to earn bitcoin: work.
that's all
Only if people started realizing that. Everyone wants to earn bitcoin and they are looking for free ways and those free ways are not actually free after all as you end up using your time, resources to get them and then the worst part is that you end up getting some silly amount. Everything requires hard work and doing the right things. Some people think faucet is the best way for them instead of doing more research to find better ways. People still have an imaginary thinking on bitcoin as a free money. They want to earn bitcoins in their part time hence most people will not prefer hard work for earning bitcoins. |
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Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
If you are asking it for now in our generation, my answer is not possible. Because, we all knew that bitcoin can only be used through internet connection and nothing else. Meaning, no internet bitcoin is useless for sure. That actually sums it up. No internet, no bitcoin. It still all balls down to how developments start coming up eventually and how readily we can easily convert it to fiat which I see as some of the things that would change pretty fast in upcoming years. We will start seeing cards connected to wallets being used over time and then being debited as you convert to fiat or make payments offline without having to connect directly to your wallet online. Some have done it and much more coming as time goes on. |
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making bitcoin from twitter in my opinion for now is not effective, because the result is very little so in my opinion, producing bitcoin is from trading and mining is the best for now.
But money is money, no matter how much is generated. If I have 2 dollars to give to you, would you say: No, thanks! I don't think so. lol You really do have a point. After all, it is even a kind of money that can appreciate in the long run. If you had given me $2 worth of bitcoin in 2010, I would be saluting you anytime I see you. Most people don’t usually want to work or looking for every simple means to earn and even twitter is like the easiest to earn altcoins pretty easily without much stress if you have quality number of followers which of course would take some little time to build for sure, but nothing good comes easy. I feel like this doesn't apply for everyone though. It really depends on the monetary situation of each individual. For example, if you have a stable additional income at around 0.1 btc per month, you're less likely to invest energy into twitter campaigns that might pay you 0.001 per day. If you don't have a lot of money you would be happy to take every satoshi you can get of course but this kind of behaviour is heavily dependent on your situation. Definitely, it is dependent on the person's situation, their skill set and how willing they are to go all the way to earn something good. Normally, you would not expect a busy programmer who collects a whole lot on a single job to even know if a $2 job exist or not. However, for someone who is simply hustling right now and looking for some means at least to get as much as they can just in case they get lucky in the future with the value, it might seem a very good bargain if they do not have much skills to offer anyway. |
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I was confuse about this I've just read an article about Putin/Russian government supporting bitcoin, Putin even issued presidential order designed to shape Russia's use of digital currencies and tokens. Putin along with Russia's finance minister and central bank leader is establishing guidelines for the nation's future relationship with cryptocurrency and blockchain technology to fit the country's financial framework.
Just sharing what I've read.
You should see it as a FUD my brother and I am not surprised since that is what whales are now making use of via media to create unnecessary panic. On the other hand, it did not work anyway and they are looking for other means now which they can keep generating their FUDs. Putin is not against crypto but his statement balls down on just for people to be careful. I really hope this news site can be filtering their news cause it sucks. |
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