I love technology and BTC is the best in terms of E-Currency. Well, I personally prefer BTC because it's way more transparent and fast method to route currencies..  Everyone is their own bank with no restrictions and unlimited spending limit..  Actually, we don't need to persuade anybody into using this technology, we simply need to explain them what BTC is actually and they will start using it themselves in no time..  BTC wallets are not banks. Like the name says they are wallets, wallets can't perform interests which banks can. No the difference. Also I agree with you about Bitcoin has adapted through the needs of our modern electronic world and that has a major bearing on the price of BTC now as it catered the need of the people who live in our generation. |
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privacy is the main reason. corporations can not steal/sell your private data if customers are not giving them the private data. giving the data is not necessity with bitcoin.
I don't think giving fiat money gives data at all. They don't have the power to trace each serial number of the money only the government can. Also giving fiat money no matter what denomination it is is not an effective research for the business/company as every money does not have only one owner it can be money from someones change. |
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My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.
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If that day happen, I will buy real merchandise probably games and hardware and then putting up my own store and sell all of them. That is a very plausible way on converting yourbtc to real money. And yeah change my BTC to ETH and than converting it to FIAT.
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traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currencies I agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now. you are right, it is going to be fluctuating all the time though the price is going to be way higher then and make us some decent money yeah we cannot do anything about it and i dont think that it is going to change any time soon, i hope that the price of the bitcoin is going to be more stable in the future though The government also need to control on how much money they print as the more you pront the lesser the value you will get. The Supply and Demand concept is still in place. The only different is is that BTC has a finite limit where our Fiat money has not. So that's why BTC prices are more volatile than real money |
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I will buy altcoin, to earn bitcoin. Gambling is also my hoppy, and spend bitcoin on real life use. I will buy goods from newegg.
I think it would be better for you to grow and you get bitcoin more and you can certainly get a double advantage. you can use to invest half and half you can switch to a fiat I would rather stick to BTC rather than buying unproven altcoins as many people are now victims of pump and dump. BTC right now has a low price recently. Wait for the right moment in coverting it to Fiat money as it will give you more money. |
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Franchising is a good business because it is hard investment
Franchising is a good business but you really need to consider Location. As location is the main factor that can either make or break your business. For example thousands of Mcdonalds closed every year due to the fact of having a bad location. Also are you really considering investing big money when your target market are just kids across the road? Do you think they have the allowance to buy branded fast food? I think not. And I don't think a company will let you carry there name when your building it at your garage. |
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The Bitcoin's convenience it gives to you besides all wallet have their own versions of app without carrying your credit card and just your mobile phone. Also 3 cents of usd is just wort around 10k satoshis, easily attainable with faucets around the web. The ability to earn btc online also makes people be in a good situation as credit cards takes monthly and you need to pay it each of every month.
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Anyone who can give me a decent faucetbox rotator who can give me at least 80k Satoshis a day? I really need one to restore my faith in claiming in a faucet, as some only give 600 sat max and the worst part is the super hard captchas that can make you feel mad at yourself as they are hella hard to identify what words they are using.
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It depends really. What do you think the prices will be when Miners run out of BTC being mined? Do you think the prices will go up? or go down? Most of you will say it will go up, and I think so as well. But if you want prices to be stable just like FIAT we want to generate new btc into the system and let the demand make the prices up. Just think of it as Stock Companies giving Stock Dividends, instead of money. After the exdate the prices will tremendously drop but overall you have more stock and the price has a tendency to rise. Which it would in time.
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There are many exchange in which they accept Fiat money for BTC. .016 BTC is about right for 10 USD. Now 1$ is worth .017 BTC. I know several wallets have the service of serving 2 kinds of wallet where you can interchange them directly with your account. 1 wallet for the BTC and one for the FIAT very useful when you want to avoid losing the BTC you can change it to a stable fiat money. Therefore gaining more btc and changing it back when it is higher again.
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It is a matter of strategy there are other ways to generate bitcoin other than mining. And mining BTC is not really profitable even if you buy just one expensive mining equipment. Also BTC has been popular because it can do many things that Fiat can't do, it is widely accepted in the internet as it took advantage of it. It's up to you if you really want to quit.
Considering the difficulty, solo mining for bitcoin isn't profitable anymore unless you have a few thousands of USD as capital for a bunch of S9's and for maintenance/utility bills. It's a shame to just quit on bitcoin without even going further into the ways of attaining them. There is also a high probability of your equipment not work properly chances are overheating, no proper maintenance and other things that even a handy man can't fix. In order for mining to be profitable you always need to consider all the cost/expenses you will have rather than focusing on how much btc you are having. |
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The problem with some people who gamble is that they treat gambling as their way to get rich. Some people may be able to do it because they were really lucky and they know how to stop and not be greedy.While others who were not so lucky lose a lot because they can't control themselves.Gambling should be viewed as for entertainment only if people wanted not be burned by it. Gambling has been created for entertainment purposes since time immemorial so it should be viewed that way if people want it to be a profitable activity with a stable strategy and definite purpose.
I don't think people are doing gambling just to get rich. People gets addicted because as you said it, it is a form of entertainment an addicting one, the emotions when you win makes you more addicted when playing it, your addiction grows everytime whether you win or lose. Yeah money is a big factor why they get addicted to it. |
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You must need to consider the meaning of investment first. From what I know Investment even if High Risk takes years or at least a year before you take profit of it. Lets make stocks for example you can't call it an investment if you hold it for even less than a year it's called trading. Day Trading, Swing Trading, Position Trading. I can't call a day in a casino as an investment bro, or any of our fellow members will.
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I must say your area is a good for a cafeteria/ canteen type of business. As 3:30 kids usually tend to be hungry that time, your target there is groups of friends and parents who pick up their kids from school.
A canteen that serves food differently from what the school serves will make your business be profitable. Try researching what their canteen usually serves and more research on what your options are for the area you have.
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I also would like to add the issue about the concern for local business accepting bitcoin as what will they right on their income statement for the issuance of their tax? For example as a citizen of a country that don't accept btc don't you think it will be fishy for the government that they always have 0$ in their income statement yet the business is still open until now.
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The 4 rules that the blog/site gave are not the best idea to be profitable. Setting your own Minimum Bankroll does not insure profitability but it insures you about having a bigger loss. And also they are saying is develop your own strategy. Its not the best advise possible. Also not related to having gambling a profitable solution.
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Why did you even bother asking this question it is common sense. Even video recording a movie is considered stealing which is also illegal. Generally even though BTC is not yet accepted by all country Stealing is a crime. It involves a part of your asset being transferred illegally to someone else's pocket or wallet.
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It is a matter of strategy there are other ways to generate bitcoin other than mining. And mining BTC is not really profitable even if you buy just one expensive mining equipment. Also BTC has been popular because it can do many things that Fiat can't do, it is widely accepted in the internet as it took advantage of it. It's up to you if you really want to quit.
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There is a really slim chance that gambling can fix your life, as you can ask how many people/gamblers earn for a living? Or are there any lotto winners who won the jackpot twice in a year? I think there is that thin chance on where you can fix your life by winning a big jackpot on gambling. And you will lose more money if you take that road.
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