Yes unemployed people would go with bitcoin because you could earn money here in different ways like trading cryptos and doing signature campaign.
You could earn money by investing then after a period of time your money will gain interest.
All you have to do is to manage it correctly and you must give you full effiort and attention to it.
The key for success in bitcoin is good management.
Yes unemployed people can work into the bitcoins and can trade easily as well as by buying and selling them, they can gain profit as well as they can put a keen eye on the rising of prices to know about when they would get the higher profit this field can become the business of unemployed people they gain a lot in it so that they have no need to work in office from dawn to dusk. Unemployed people are into bitcoin because they can get an alternative way to earn money in bitcoin and they can earn more money than the workers in the office or the usual employee that earning money through a job. Bitcoin is a really huge help even for the employed people so there is no doubt that bitcoin might be one of the in demand source of income in the future. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Bitcoin price can either increase or decrease as per the increase or decrease in demand for bitcoin.There is no cenral authority to control bitcoin price and its price is driven by support from community.But since bitcoin adoption is increasing world wide,we could guess that its price would surely increase. yes the only reason for which the price of bitcoin is increasing is the interest of the people, if people are interested in bitcoin and they will try toy buy and invest money there so the demand of bitcoin will increase and with the increasing demand of bitcoin the price will continue to increase, therefore i am also sure that the price of bitcoin will continue to increase. I think There are a lot of risks in bitcoin investment. Temporary hype sites are responsible for this. All of us want to make money fast. Hype sites attached us by giving a lot of roi in a short moment and scam after giving 1 or 2 payment at a time. I don't see any investment site which was last long. All the investments has a risk, and so does Bitcoin, we all know that Bitcoin's nature is volatile and erratic this is why it's harder to predict and quantify the risk. So just a little suggestion, never ever invest something you can't afford to lose. That is the only key in order to be safe in any investment. You need to invest the amount that you can afford to lose in order that you will feel safe and comfortable and not that paranoid in his investment. Bitcoin has a high risk because of the unstable price and market but you can minimize the risk if you will hold or invest in bitcoin for long term. |
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really ? you think how many times china banned bitcoin in the past ? why people keep fall with same trap  just let them to what they fear of they dont know the history, they dont take a time to read what happens before in bitcoin. that is why they are all scared about the price fall of bitcoin. I don’t even know why anyone should be worried about China banning bitcoin. It’s just a one country out of many, so we can still achieve a lot without them. I don’t need to say it twice, cause you’re already seeing the return of the bitcoin price to a high value. That is right, there are still a lot of countries that could help bitcoin to become more successful in the future and china can change their decision anytime because if they will see bitcoin getting more mainstream and if they will realize that the countries that accepted bitcoin is also gaining good profits then they will change their position from against into supportive to bitcoin again and the price in that time will go up dramatically. |
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I do not think bitcoin banned will be effective, community and bitcoin users spread evenly in many countries so it will not have much impact. it is time for bitcoin to be legalized not banned.
Yeah you are right, it is time for legalization of bitcoins. Bitcoins have proved their worth to the world by retaining their value in the market, although Chinese ban caused fall in the prices of bitcoins but they sustained themselves so it is impossible that bitcoins will be banned in the world. They will keep on recovering their value in the market till no one can compete it. Bitcoin will not be able to be banned in the whole world because it has a lot of benefits when you have it and you can have a good investment portfolio when you include bitcoin to that. Bitcoin and governments are slowly getting together because the governments are slowly noticing bitcoin that it is getting mainstream because of its features and possible benefits. |
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if bitcoin becomes illegal world wide, i think there is a chance for people to still using bitcoin, maybe they will use in deepweb because in that place, everything is legal (i guess). but for the other, they will not using bitcoin and perhaps they will save their bitcoin only without doing anything and waiting until it gets legal.
Ya if Bitcoin becomes illegal world wide .So that's a time to invest in Bitcoin becomes more the people in the bitcoin . And the value of the bitcoin is increased in that time so maybe they will use in deepweb because in that place, everything is legal if bitcoin mining becomes illegal world wide . If bitcoin mining becomes illegal then there is no chance for bitcoin to be alive even for the darkweb or deepweb because the mining is the only source of life of bitcoin so if there is no mining then there will be foundation for the life of bitcoin and it will eventually die and that is the worst thing that can happen in bitcoin and i hope it will not happen. |
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would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
my country has not used bitcoin yet. bitcoin has not been legally recognized in my country In fact, no country has ever accepted bitcoin. The government has not managed bitcoin, it is not illegal, but no country has used it. Its value fluctuates sharply, so it is hard for bitcoin to become an official currency If there is no country that accepted bitcoin then what you think is the country of Japan which already made bitcoin as a legal currency a few months ago and other asian countries also done the same thing and that is why bitcoin is getting recognized by the other countries and soon it is not a surprise to me if we will see bitcoin that is accepted by major countries also. |
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For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.
How about you guys? Is it only for the educated and knowledgeable people only?
I agree with you bitcoin is present to everyone, no matter whether he is educated or not, what is needed in this world is the will to keep learning, because by learning we can know something. so for me everyone can join and succeed with bitcoin. Be careful for generalizing because the education is a big thing in bitcoin and if the person is not educated and if he can't read or write then that is a huge downfall for that person because he can never learn how to use bitcoin so in my opinion, bitcoin is good for people who is educated and can read and write. |
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I agree to what he said that china has no real effect on the future of bitcoin because if you can see that the price of bitcoin is still high even the china banned bitcoin completely because we still have a lot of countries that are willing to help us to sustain the price of bitcoin and help us to completely widen the coverage of users of bitcoin.
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If amazon will accept bitcoin then it will become a great news for the bitcoin users because amazon is one of the biggest online shop in the world and there is a lot of users of bitcoin in our world and if bitcoin will get accepted then it will attract a lot of user for bitcoin and somehow it will help the price of bitcoin to move up because of the demand.
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I will focus more on the technology of bitcoin because that is the key for our world to change because if we are going to focus on the technology of bitcoin and implement it on the system of our world then it will help our world to change for better and get best results specially in financial system and bitcoin will not disappoint us because it will surely a great help for the world.
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Bitcoin impresses me in the way of the big profit that i can get in bitcoin and the possibility to get rich in bitcoin in just working home and facing on my computer for just less than 8 hours. That is the most amazing thing that i admire in bitcoin and i hope that i can become rich faster than what i expected.
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
The answer is NO. But when investors see the nega effect that China can make on bitcoin price, their passion may fall for fear of other countries doing the same. Perhaps this year is a year of ice and fire for bitcoin and winter is coming. The life of Bitcoin doesn't solely depend on china and that's why it is decentralized. I know china has a bigger stake in terms of mining power and investment but that doesn't mean if they decide to leave the network others won't replace them and so I don't think Bitcoin will ever die because of the Chinese and their drama. Yes, that is definitely true. Bitcoin will never die just because a country leave the game and even china that is one of the earliest country that cope bitcoin, it doesn't have a strong effect on the price because even they leave bitcoin, the price of bitcoin is still going up and the other countries and people are still supporting bitcoin no matter what happen. |
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This depends on the type of wallet, if we use the web wallet and do not activate the 2FA feature, of course very easy for hackers to rob bitcoin, but if we use offline wallet then the hacker must steal the hardware.
As far as i know. The hardwares cannot be reach by the hackers because they can't hack your system and steal your hardware since it is a physical thing and they can only get into your system and hack your software and not your hardware. Bitcoin wallets are safe but it is all depending on the person how is he going to make his wallet safe. |
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bitcoin will not end or destroy in this month because bitcoin have strong community and support from the dev and the team. maybe the price will be affect to going down with the Chinese exchanges its closed but with support from the other country, I think bitcoin will be stay like this and become more powerful. we still have another country which is approving bitcoin in their country and people still curious and interested to use bitcoin so i think we don't have to worried at all.
I agree with you. Because of the help of the community and also the support from the dev and the team, bitcoin will not die or end its life in this month because we already gone through different circumstances and it is a sign that bitcoin is a very strong currency and we can do anything if we will believe and support bitcoin. |
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First when i started i thought this was a lie so i made jokes about it and stuff then i checked this forum and started with this and i started to know a lot of things about bitcoin this way i started to invest and earn through here so it was more a win win and now i have a total income of $30k.
Great income dude, I believe you are trading as well, everything is possible in bitcoin as long as you are willing to take risk. This is quite new but to invest here now will make you an early adopter where you can get great chance of getting profit when the success will continue. The secret for reaching the successful path is consistency. If you are doing good right now then continue doing it and do not give up even you will encounter something bad because that is only a challenge for you and it takes a lot of failure and challenges before a winner become a legit winner. If you are trading and getting good results, keep it up! |
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What if POKEMON GO let people sell the pokemons they caught for fraction of Bitcoins?
Imagine this:(user loyalty reward program)A person caught a Pokemon and sell them for 0.0003526 BTC People who collects Pokemon can buy or sell them on the online marketplace. People from all over the world would have exotic rare pokemons for sell on the marketplace. Original Post:https://steemit.com/pokemon/@cryptocurrency1/what-if-pokemon-go-let-people-sell-the-pokemons-they-caught-for-fraction-of-bitcoins---------------------------------- I'm sure other augmented reality video games companies are jumping on board to develop 'earn while you play' video game loyalty reward system. In my opinion this is not a good idea. Most of the players are children and youth, they are not knowledgeable about bitcoin. Pokemon will become an item to trade. Playing pokemon go is very similar to mining Oh I think it's a good idea especially when we ourselves are fan of pokemon go because we can now have benefited in our Pokemon's.  It's actually a cool idea so we can have other sources of our income besides trading and joining campaign. It will be a fun way of earning more bitcoin. It is just a waste of time if we are going to make pokemon go as a source of income because it will be hard for us and it is a very hassle type of work because we need to travel places and it is not always good in a country because there are countries that are dangerous and there is a lot of criminals and the internet connection is also a problem in most of the countries so it is not a good idea at all. |
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I am looking for material (slides, infographics, demonstrators) for educational purposes in the field of Bitcoin and Blockchain. Do you know any good ressources?
I think that you don't need those slides, infographics, and anything that will help you to explain because because you can just download a video on youtube that is discussing about bitcoin and the blockchain and the benefits that they will get once they use bitcoin as a money and also an investment and you can just add more information that you think that it will become helpful for them to understand bitcoin more. |
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They can kill bitcoin if they will ask the governments in different parts of the world to completely ban bitcoin because if they will ban bitcoin then it will become impossible for bitcoin to receive demands and also get transactions from people and since demand is one of the major foundation of the life of bitcoin so it is easy for bitcoin to die.
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You can predict the price of bitcoin by basing on the news that are related for bitcoin. If the news is good then it will have a good effect in bitcoin too and vice versa and you can also base on the chart of bitcoin where you can see the history of the prices and you can find some pattern that will become helpful for you so those are the ways that i know how to predict the price.
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If crypto becomes common to spend, wouldnt it be volnourable to robbery? Like in: Ok send me ur crypto to my adress or ur dead.
In case of when people can handle their whole account mobile.
With cash, robbers know people dont have their whole bank with them. However with mobile telephone that is the case.. Or could be.
The cryptocurrencies wallet have security and most of the wallets of cryptocurrencies right now requires its users to have a strong password where the robbers will not be able to unlock or bypass the account fast and there is also 2fa in almost of the wallets and that enables the user to have a comfortable usage of his secured account. |
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