Bitcoin Forum
June 19, 2024, 08:14:34 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 [301] 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 »
6001  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: September 17, 2016, 02:23:21 AM
you misunderstand the notion of hate
to hate someone or something requires effort+ bad experience or just malicious nature
the vast majority of people on this planet are totally indifferent towards bitcoin
granted that the amount of those who know what bitcoin is
is less than 10% (ballaprk figure do not hate me pls  Smiley   ) of the total population
I would say bitcoin haters comprise a relatively small group
You are right I don't that the hate from people goes to Bitcoin directly, as Bitcoin is money I don't know any people who hates money. What I know they do hate is scams an ponzi well the not paying ones at least. People who have tried Bitcoin had used it as means of investment in which Bitcoin does not have yet. But people who sends there hard earned money for nothing will really make you hate what you are doing. They must not blame Bitcoin but themselves.
6002  Other / Off-topic / Re: What is the Future of Bitcoin ? on: September 17, 2016, 01:44:23 AM
i know i can't predict the future but it seems like there will be more competitor for bitcoin itself in the future, as we can see there are some coin rise with the new features, however they're just alternative coin that couldn't compare to the bitcoin at this moment, i'm afraid those coin will have value more than bitcoin in future,and the community move to use them, i wish my prediction will be wrong.

Maybe you have a point in that matter, But I think you don't need to worry about it. Bitcoin is the reference of all the altcoins. They can never reach the highest price value of bitcoin, for so many years came up to now bitcoin still leading to all of it. The bitcoin has a strong established community.
Bitcoin won't be reference to any altcoin , there is no assurance that bitcoin will be the highest value coin in the cryptocurrency world as the only advantage of bitcoin now is demand and world wide presence, also bitcoin has a system and security that won't be change/improve that is the advantage of any coins that will be in ICO for defeating Bitcoin in terms of price.
6003  Other / Off-topic / Re: Why we must trust with bitcoin? on: September 16, 2016, 07:07:52 PM
bitcoin not need your trust
but if you want growth your money with bitcoin your must trust bitcoin
your trading altcoin your must trust altcoin too
your not trust yau can lazy find bitcoin

Trust is a must if you are going to enter bitcoin. Because if you are not going to trust bitcoin then what is the sense that you are in bitcoin and enjoying the services and income that you are getting with it bitcoin. And we need to trust bitcoin because it is a very promising crypto and we can see the daily pump that is happening with it.
Trusting Bitcoin is up to us but it Bitcoin has given us the safety and security needed for a virtual money, As it protects the identity of the owner and the wallet address is good enough for them that it was sent by you compared to a credit card it will be tied to you as your personal information has been inputed in their database. Also the transactions of you sending money or vice versa can be seen on the blockchain website, you can see all its transactions and confirmations on how your btc is being handled. Be careful on who you send your Bitcoin as they are the one who should be taken into extra caution.
6004  Economy / Economics / Re: Should I believe in Bitcoin ? on: September 16, 2016, 06:13:57 PM
Dont buy right now prices are highly unstable and in the last two weeks it went up and down wait a bit longer till we can say in a concrete way where this is going.
I foresee it bright though cause there's not much reason to drop in price other then people massively selling so when that stops price drops stops.

Aint it the reason why we are here? The unstable price of it is what gives us profit. The price is way too low for the past week it had been hitting the 620 mark so I would not say not to buy now. It is a good idea to invest and to prevent regrets for later.
Well it depends on what kind of trader are you. From day trading to position trading it differs from what kind of commodity you are trading but their are other factors behind it as well, as not all have the same volatility. I think the best way to earn in btc is day trading as you can monitor the prices from the start to the end. If you are looking for the bigger picture then I recommend investing in which you have to time your money in which you buy btc for a lower price and then wait for the right time to sell it. It's up to you as it depends on what available time you have.
6005  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: September 16, 2016, 05:18:29 PM
It can only happen if people would embrace change. There's a lot of reasons why the nation should use Bitcoin instead but people are not aware of that and the government seems to be against it as well. It might not seem possible for now, but it will eventually become more and more a possibility.
That's not the right way to put it. Can you imagine what is the affect if all of the countries of the earth uses bitcoin? What do you think will happen if there is an economic collapse of just one country? or if there will be a country who got  a terrorist attack? or if a certain country hoards btc? Everything will be affected including the Bitcoin's buying power also different currency is created so that you know the country's economical background as the price of its money reflects on it's background. BTC for me is just good as a currency for people who want to earn in the internet it can't be use as a country's main currency.
6006  Other / Archival / Re: Do you use bitcoin as currency or investment? on: September 16, 2016, 10:23:23 AM
I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.

Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar
My suggestion is that you use your money inyead of btc in soending as fiat money is stable and prices are also the same for it. While your btc in spending it, there are the ones who need to adjust regarding to their US dollar value so when the usd value of it its low you will have to spend more btc in which you will lose more compared to using the  fiat money.
If we are talking about bitcoin the automatic answer is we should use it as investment, it is because the future of bitcoin is very positive that it could be more popular as it can help the economy of every country to improve if they will be open with the new technology.
It is not the automatic answer as up to date there are no proper way of investing bitcoin, and I don't think any legit company are accepting bitcoin to date. If you are talking about storing bitcoin in your wallet as investment than its ok but the danger of that are price drops that can happen frequently. Also you won't see any growth in storing bitcoins as the colatility of the price you won't see any jump to the resistance.
6007  Economy / Economics / Re: How too get rich on: September 16, 2016, 09:00:10 AM
always be grateful because rich not only with much money  Grin but in fact we know we need money to live happily


You dont need much money to live a great life... you dont need to be multimillionaire etc.

Live is a cheaper area, have a flexible business, spend time with people you love, eat well and keep fit.   This kinda life you can live really well on something like $50k per year.

Thats my thoughts anyway, if you are a rich business man you probably have a high risk of being over worked and unhappy.
I will recommend you to live in the philippines on that matter, with that amount for 1 year you can already live a comfortable life and for sure you will enjoy your life with a clean air where there are many island also and if you have to live peacefully near by nature you can do it with that amount of money you have.
In my honest opinion people need money not only because they need it to live but also a source of happiness, well in the modern age now with all the technology, games, toys being produce a lot of people are pretty easily hook up into this things so it is inevitable for people too look for more cash in order to get rich. Also you need money in order for your family to live, yes they need love and all but the truth is your family can't live with just love you need to work your ass out of it.
6008  Other / Archival / Re: Do you use bitcoin as currency or investment? on: September 16, 2016, 05:34:33 AM
I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.

Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar
My suggestion is that you use your money inyead of btc in soending as fiat money is stable and prices are also the same for it. While your btc in spending it, there are the ones who need to adjust regarding to their US dollar value so when the usd value of it its low you will have to spend more btc in which you will lose more compared to using the  fiat money.
6009  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: September 15, 2016, 04:18:00 PM
I think we missed the pump train like 3-4 years ago. It is impossible to make x10 money from now on. we are luky if we make %20-%30 in a year.
If you are looking for a 20-30% gain in btc then don't go for btc as it's price moves vigourously and we have know proper way in predicting it. What I suggest is that you invest in stocks because the average annual return of most stock market is 20%. 20% is a really big thing considering that no bank gives that high gain. BTC on the other hand is hard to be steady on the price it currently has I am frequently shock when I open my wallet that its usd value change in different ways, you don't win or lose until you convert it to fiat.
6010  Other / Off-topic / Re: Why would customers use Bitcoins? on: September 15, 2016, 03:50:59 PM
I think bitcoin can replace fiat just like we are using CC so it will make transaction easier
If we compare CC with bitcoin is different things as bitcoin are currency meanwhile CC also can be use like currency but we must paid what we use over a month

Credit card cannot be considered as an currency as it is a payment method which is widely used and accepted and people prefer more to use them as they don't have to carry physical cash with them, and lets hope that people will have same feelings for bitcoins in future.
yes i agree with you. Credit cards can not be traded. currency is something that can be traded. while the credit card system is a system that saves money in the real world. rather than currency !! not physical or digital !!
Credit cards and Bitcoin are almost the same in terms of not using fiat money. The difference that I only see is that if you have a Visa/Mastercard Credit Card is that you can use it at any stores that accept card transactions then you are good to go you won't see that availability of stores for BTC. Also the diwnside of credit card use is that some transactions have interest in which you need to pay more for the item, while bitcoin is like carrying a personal wallet in which there are no transaction fees and no interest rates to pay.
6011  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: September 15, 2016, 01:54:20 PM
It can be used by everyone  as long as it is recognized by the government and is accepted by local businesses, but it can't replace the local currency as it determines our country's wealth status also stopping the circulation of money could bring problems rather than solutions. What I see in the near future is that the government will allow bitcoin but they need to convert it to fiat money for their taxes and their official income.
6012  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: September 15, 2016, 09:20:56 AM
For now I still think paypal is better because bitcoin is not usable in alot of places online but paypal is the most used online transaction system and also you can store money. But what sucks are fees to send money etc and alot of times scammers refund what they have send.
Paypal is very limited and if you will compare that to bitcoin of course bitcoin is way better because with bitcoin we can use it as an investment which is s a big opportunity for us that while we are holding our bitcoins we have the chance that our money will grow overtime.
No. Bro Paypal is still better in terms of availability as almost accepted everywhere like credit card. Even ebay encourage people to transact with them using paypal. Anyway Bitcoin has the features to defeat paypal by all means, what it needs is that it have the recognition it deserve then everybody will be using bitcoin instead of paypal.
6013  Other / Off-topic / Re: Are you buying bitcoins? Why? on: September 15, 2016, 08:40:29 AM
If you are here on forum, you should try and earn bitcoin with your skill or signature campaign rather than buying bitcoin.You will always gain profit when you earn
Exactly why will you buy Bitcoin when you can earn them online. Ask it is a smart move you don't have the risk of losing the value of your fiat money when you exchange it to btc , and thability to see your earned Bitcoin to grow more. Also it makes me less worried that my bitcoin is dropping as I know it was earned online rather than exchange from real money.
6014  Economy / Economics / Re: How too get rich on: September 15, 2016, 08:06:29 AM
You want to know how 'too' get rich?

Read more. Learn more. Make plans and take good decisions. Take risks and always have a smile Smiley
yes, to be rich you should diligently read to gain useful knowledge for yourself, working hard is the key to success do not waste a lot of money on things that are not useful. save your money in the bank then you will be rich. Smiley
You just don't take risks that is a dumb way to do things. As people who just take risk often fail, while managing risk is the best way to deal with things you can lessen mistakes and aim closer to achieving your goal. Also you must provide yourself with options so that you have a contingency plan if your original steps failed thats how you control your steps.
6015  Other / Off-topic / Re: What is the Future of Bitcoin ? on: September 15, 2016, 01:52:20 AM
the future is definitely going to be really bright and it will make you big money for sure, i hope that im right

The future of crypto currencies depends on the actual users.
In a way, it depends on bitcoin principles mostly.
Its perfect store of value, independent, easy to transfer etc.
Its better "gold" than actual money Wink

Future is bright Smiley thats for sure.
Big money = an appreciation of price of bitcoin right? Well in order for its price to increase it must have an increase in demand. By the time all the BTC has been mined all 21,000,000 million of them you will have now a finite supply of BTC, its up to the demand of the consumers . Which leads us what does consumers need to demand btc?
6016  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: September 15, 2016, 12:36:05 AM
I believe that in this year there will be a much greater number of users, but to reach mass adoption, I think it will take about a decade, there are many people who do not know Bitcoin and the technology behind it.
not only "not knowing about bitcoin" but in this day so many people still lack of knowledge about technology some of them are those elders,people who living in poverty,and those who only interested on social media,so expecting bitcoin to reach mass adoption globally is still far away

Actually there are many people who don't know bitcoin even they have knowledge about technology. Especially on Asia, but i'm sure more people will use bitcoin in 2022.
Yes it is guaranteed that in 2022 there will be an increase of bitcoin users around the world but certainly not everyone I don't think billionaires will invest money on something more volatile than stock. Also technology and mostly internet will need to catch up first before bitcoin as they are needed before you can access bitcoin wallets.
6017  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: September 14, 2016, 09:53:33 AM
That will not be the case, not unless all people in the world has internet access and atleast a mobile phone to earn and transact with btc, it won't be that popular. But with the support it gets from companies who will accept BTC as mode of payment it may be used by people from middle class and up. Also paper money is more widely accepted than anyone else , yes it is cheaper but it is more stable compared to any cryptocurrency.
6018  Economy / Economics / Re: How too get rich on: September 14, 2016, 08:31:22 AM
There is no shortcut in getting rich.  To be able to achieve it, We need to really work  hard and be smart enough to adopt and adjust on every situation.  we can also learn from those who get rich and try their system with a bit of innovation to fit in what is our current status.  And to do this, Education is very important.  Learn basics to advance stuff in financial management.  This will help alot.

Totally agree with you. Getting rich is not instant and not happen in 1-2 days. Getting rich is really hard and you need hard work to achieve it and get an education is a good first step for it.

no way, education only makes you poor puts you in debt , it is just a scam

Just Trump University & ITT Tech, LOL
Who says education will make you poor? I think that is a baseless information. Education will give us the knowledge on what to do to be rich, if we are educated it will be easy for us to devise a plan to be use us our guide to be rich in the future. We might be in debt but we will be able to pay that once we have our job already.
What irritant say is that it edycation will bring you in debt which is true. Because of the increasing tuition fees each year our student loans go higher than we can ever pay that after we graduate we are still paying for our student loans. But the real thing that people are poor are because of the lack of education that they did not get, maybe because of how high the tuitions fees can get, that its too expensive to pay.
6019  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: September 14, 2016, 07:03:33 AM
I'll invest them into something which can give me really nice profit and then I'll just start accumulating more BTC.
I can also start a lending service and make a profit there.

Lending is a good choice but you need to make sure that you have good collateral as there are many scammers around who will not pay you your bitcoins back.

lending is one of the hardest ways of making profit from your bitcoin amount because for one, the market is full of other people who are lending with competitive rates so it is hard for a new guy to come it. besides you have to spend a lot of time on the forum or other place that you lend to do it fast and a lot of time to check the collateral and make sure of their validity.
The competitive rates won't be nothing unless they actually lend you the money. Even though competition is tough and many peopl will still not lend you money if you have a neutral or negative trust. Lending is risky but can be avoided of any losses if you follow the rules and guidelines given in the forum.
6020  Other / Off-topic / Re: Are you buying bitcoins? Why? on: September 14, 2016, 05:30:12 AM
No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.
Pages: « 1 ... 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 [301] 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!