Many have been changed to Bitcoins. As I started here it cost just $ 400 now is almost $ 5,000 and nearly x5 is being raised. What do you think the bitcoins are still on the rise? Or it will happen again when it's up and down the price deeply
As long as nothing messes up (which is very unlikely to happen) we will see the price just going up. The price might crash due to some other reasons but will recover soon. Remember supply and demand. More people getting to know about the benefits and advantages of bitcoin, more people will be willing to buy and invest on it - creating more demand and causing the price to rise.
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2hrs a day to make 1-2btc some people work 8hrs a day to earn around 400e :| I know it's an old thread but here's the idea. Scam people. Open some bitcoin bank with 10% interest weekly and bait newbies to invest. it's scamming, but hey, it's earning. :p Anything that will sound too good to be true should be avoided - if people follow this motto they won't fall for it. What you are suggesting will itself have a bad impact on the market. Scamming newbies will drive them away from bitcoin - thus negatively impacting the market and the whole community.
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Bitcoin is the new gold. I think if we just compare the prices of gold and bitcoins then it is quite clear that bitcoin has crossed gold and still going up. We all know this better that bitcoin have jumped so many currencies and mining that make money in a short time. Bitcoin can be called as new gold for new era.
I don't know how did you come to a conclusion by saying that you can make money in short time by mining. You sure do make money, but few cents only. The maintenance and trouble you have to go through is not worth it. Heck, you might not even make profit and will end up making losses. You can make profit from mining, but not in a short term. You will need to hold your coins for a while.
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I hope that my company pay me bitcoin too if they wanted then i will accept it because bitcoin is really fast and i don't need to pay the extra tax for it. We actually risk our bitcoin because if we don't risk it how we can earn from it? Mostly people are risking their money into bitcoin because they knew that in bitcoin or from trading they can actually grow their money instantly.
If you get paid in bitcoins, volatility will be an issue. Imagine you got paid last night and when you wake up you see the price of bitcoin has/is going down. How would you feel? You wouldn't be able to do anything and might fall into trouble paying your bills. And there are laws that will cause issues too.
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Trading is a form of gambling, but with risks that can be controlled and minimized. Strategies and skills/knowledge helps you in trading, while gambling is pure luck. It is fun to trade when you make profit, but while trading with higher amount of investments, it more of a serious thing and less of games.
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Day trading = more/higher risk then holding for a long period of time. Day trading will give you quick profit along with larger risks but hodling will give you less risk but you will gain profit after a long time. So you will need to have high and strong will power and keep your emotions aside. I prefer day trading though. Easy exit while suffering less loss.
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viaBTC never worked for me. I always have this: Submissions are beyond limit. Please try later.
Edited and added some more information to my last post. Or you can try https://pushtx.btc.com/ . Never tried it though and you will need to look for someone from china(?) to pay the fee on your behalf. They currently accept Alipay only and returns fund if the transaction isn't confirmed within 12 hours.
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Try using viaBTC free transaction acceleration service. You will have to be quick though, as the submission limit reaches very fast (within first few mins). Limit resets every hour. So make sure you push the transaction at exactly XX:00 min. Keep everything loaded beforehand (at around XX:59 min, start filling the captcha). https://pool.viabtc.com/tools/txaccelerator/Will try accelerating it for you too.
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If you can't provide any kind of guarantee that users will get paid no matter if the price of the bitcoin falls, people might be interested. But you must gain trust first. If you can't provide any kind of guarantee, then your service will sound more like a ponzi scheme.
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Fair, I have invested massively in alt coins too, just looking at other ways of potentially getting an income. I've read a lot of reviews on Hashflare so maybe its the 0.01% of non scams? Was also half debating investing in a mining kit, maybe plug it in on the works electricity supply If you want to start mining, then don't mine Bitcoin. Try mining some alt coins which might give you a higher profit later. Don't forget about all those maintenance you will have to be doing. Check the forum to know which coin is currently more profitable to buy. There are some online calculators which shows you how much you are going to be making, not sure about the accuracy though.
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my suggestion to the dice gambling site is that they should award some bitcoin when user reach on every level. I think it's good thing to add.
They do get rewarded. Every level increases the number of times and the amount of reward you can claim from the faucet. Just check the faucet tab for more information.
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If you're a woman, prostitution is quite profitable. Maybe drug trafficking across one border. In Europe this is not very risky but you get payed pretty well.
Influencing people by saying "quite profitable" or "it's not very risky" isn't a good thing to do. This is your ethical point of view, this does not mean you will be encourage others to do the same.
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No panic, no emotions - best strategy
Easy to say, hard to execute. You need to build yourself that way. You can't just loose emotions in few days. You might need few month - years of training to be harden up yourself Before when I was a new in trading I panic everytime I see my portfolio in red I sell them quickly because I am afraid that I will lose all my money. I have done this many times until I got tired of losing so I told myself its better for me to learn trading first before I will trade after learning the basic I went back to trading and now my loses are few.
Knowledge/learning and experience/skills are two different things. Just knowledge won't get you anywhere, you will need experience and skills too.
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Guys,
Would be good to get your opinion on cloud mining contracts from Genesis or Hashflare. Has anyone got any good/bad experiences with them? Are they profitable?
You can get 10,000.0 GH/s Hash Rate for $1200, apparently gives you a return of $60 a week.... Seems like a good investment no?
~Lucas
Don't trust any cloud mining sites. They are scam most (99.99%) of the time. They are more like a ponzie scheme. Just stay away from them, else you will end up with nothing and regretting later. I suggest you to invest on alt coins and try to make profit by trading instead of investing on those shit cloud mining sites.
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Bitcoin = total financial freedom. Bank = lack of financial freedom with the banks being able to control your funds as they wish. Which one do you think people will choose? What happens to the other option which people decides not to support. Think for yourself and you will know who is threat to whom.
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hi please send your review on your experience here. may this topic helps others in the future.
what is the most safest multi crypto wallet where we can buy multi crypto and leave it for years and the crypto will be safe in the wallet? some people says coinami is the best since it have so many crypto supported but there are also some claims saying that it is centralized so its not that secure.
what do you guys thinks?
I would say none of multi crypto currency wallets are safe to be honest. Just use the core software that is developed buy the developers of the coins. That's the safest wallet you can have. I know too much hassle to handle too many wallets, but better be safe than sorry.
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Bitcoins provides easy and fast transaction to any part of world with fair charges. It keeps the identity of its owner anonymous. Bitcoins holders have full control over his asset. Due to its decentralized nature, high level security and ever increasing value, bitcoins has attracted masses around the globe. It is mother of other digital currencies and no other crypto can produce as large profits as bitcoins can.
You need to correct some of your statements. Transactions are "currently" not very fast, unless you pay a good amount of fee. Secondly, bitcoin transactions are not anonymous. Your transactions are still traceable to you. They are more like pseudonymous. Look it up on google and you will know what i am trying to say.
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You can start by promoting on this forum. The forum has a good number of users and running a signature campaign here might actually help you give a good start. I get most of my crypto-relation information from different crypto based news websites. The forum also helps me a lot to gather information.
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Crypto-coins introduced by the government and the bank = centralized currency, with them having power and control over your coins. Bitcoin = decentralized currency, no one except you control your own money. Which crypto-currency has more advantage? The former or the latter? The government can issue their own crypto, but won't be able to beat the best feature bitcoin has to offer.
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