Definitely right.Joining in signature and bounty campaigns will really give you good profit without having any investment.You only have to be smart enough in posting your ideas.And i also agree with you that once you have earned a lot of bitcoin,try to invest and do some trading.You would not be rich either in bitcoin if you don't know how to take risks and sacrifice.

It is easy to get rich with bitcoin because it will make you independent financially. I am working with some decent people to earn from bitcoin by completing the task given by them. Today I am able to sustain my daily needs with bitcoin. I have another job that I am using for the side income and I am keeping that income as a saving for the future so in this way I will become rich in short time.

while the price dropped faster the last option for save our money is immediately sold the bitcoin because to avoid lost money this thing is necessary so i think this is the cause why more likely almost every people currently decide to dumping their bitcoin also with these situations will makes people sligthly doubted to buy bitcoin more because there is a chance this dumping hasn't stopping yet

Bitcoin's purpose is to serve as a currency which could be use in transaction online fast and secure, but it could be also use as a source of income which could be converted into fiat so that we could use it in the real world. Bitcoin helps a lot of people already, and one of those people is me. Way back then I was a guy who doesn't have any money, but lucky my friend introduced bitcoin to me that is why I could say I am financially stable.

I doubt bitcoin at first, but it took me a while before I realized that how would I know if bitcoin is legit if I'm not going to try it, and that is why I'm here now, earning bitcoin and using bitcoin on the things I know that could benefits me.

Holding for long term will give you a good chance to start your own business in the future, the good thing with you is that you are also earning bitcoins, that would increase your holdings if you control your spending. For me, despite of what happen to the price now, I am still not panic because I believe we will see the normal price increase again and that will be soon.

I've heard about it 4 years ago, a friend of mine introduced bitcoin and he was giving some bitcoin that time. I just ignored it because I thought it was a scam. Now, I'm having regrets for not accepting it and for not investing all my money when I first learned about bitcoin. I would've been a millionaire by now.

Gambling does not only involve dice games. People play poker too. Assuming that you know poker, it can be won by applying some strategies.

However, the difference between gambler and trader is, a trader can learn and enhance his wisdom even from zero, but gamblers need god gifted talent. All games rely on either luck or talent you are born with.

I think you should not invest all their funds in bitcoin. Put some of the money they will start to make a profit. What you earn can also be put in the work.

Let's say I buy 1 Bitcoin for $2296.25 USD. I notice that the USD price value of the Bitcoin drops to $2093 USD, and let's say I want the US dollar amount, so I sell the Bitcoin at $2093 USD, whereby 1 BTC is selling for $2093 on the market.

Is that to say that the US dollar supply has deflated and that I am still, nonetheless, close to breaking even (assuming resistance along a network)?

That's the correct interpretation, right?

Because if Bitcoin works to significantly reduce the double-spending problem, then the (2296.25-2093=$103.25) $103.25 USD I "lost" was actually reallocated into society (1st law of thermodynamics). Thus, the ~$103.25 USD was used to benefit society (all of the Universe, socially) as a whole?

Hey, i'm newbie in this industry and I've came across this article - https://fxpmarkets.blog/2017/08/29/crypto-thieves/
Is it true ?

Not really, for me its a good thing that our local currency drops value versus USD, more exchange per $, more food on the table and extra money to pay the bills.

I was writing this as a reply to someone else's topic and it got kind of lengthy, so I decided to make it into a topic instead.

The intention of this topic is to help new buyers and sellers in the BitCoin community who are looking to meet up and trade locally. I've done a lot of local trades and sales over the years, so I'm hoping that my experiences can help beginners by giving them ideas on how to trade safely. For this purpose I've separated my advice into three sections: meeting for trades, advice for buying, and advice for selling.

I've tried to format everything in a clear and concise manner to make this topic more readable. I'm open to suggestions for edits and additions to help make this guide as useful as possible.

Hope this guide helps anyone looking to start trading locally!

Note: Some names/locations I mention are US based, so I apologize if they're irrelevant for your location. The theories behind this topic should be fine regardless of country.



Meeting:
There are three main things I look for in meeting places:

• Public Location - Are there plenty of people around?
• WiFi Access - Is there free or cheap public WiFi access in the area?
• Security - Are there security cameras or security guards in the area?

Public Location:
Public locations are like Local Trading 101: it is always better to meet in a public place. Scammers and muggers are a lot less likely to try anything with witnesses around. You can usually find these people early on by simply requesting a public meeting place: they want to meet their victims alone.

WiFi:
Places like McDonalds, Starbucks, Barnes & Noble, and many local coffee shops offer free WiFi access. A lot of hotels offer WiFi as well, but usually not for free or to non-customers. Bring a laptop or tablet with you if you have one so you can check transaction details and confirmations. Depending on what you're buying/selling/trading, having a computer to do some last second research on item values can never hurt if you're worried about getting the short end of the stick.

Security:
A location with security cameras adds an extra layer of security to a trade. If the other party does get away with stealing from or scamming you, you'll have physical evidence in a recording that can help the authorities track the offender down and bring him to justice. Security guards can help set your mind at ease if you're concerned that you might get mugged: muggers are a lot less likely to rob you if there's a guard with a gun a few yards away. A guard can easily step in and save you if a mugger does start attacking you.

My personal recommendation would be to meet at a mall, if there's one in your area. Malls have tons of security measures to help protect you as you make your trade, and many malls have WiFi access across the entire property: there's a good chance that one of the mall's stores has WiFi access even if the mall itself doesn't. Banks are a good choice too: banks have great security, and some bigger banks have WiFi access as well.

Buying:
There are three things I want to cover about buying in-person:

• Reviewing Your Purchase
• Paying with BitCoin
• Paying with Cash

Reviewing Your Purchase:
For buying items, remember that there's a lot you can't tell about something just from pictures. Make sure to look the item over carefully and make sure everything is in working condition/described condition before you pay the seller. A seller who is unwilling or nervous about letting you check out an item may know something about the item he doesn't want you to find out. It's a good idea to meet during the day or in a well lit area so you can see everything clearly. Don't be afraid to ask questions if anything feels off and don't feel obligated to complete a sale you're uncomfortable with.

Paying with BitCoin:
One of the easiest ways to pay in BitCoin in person is with a mobile wallet app from a smartphone. Blockchain a mobile wallet app for Android and iOS. It's an online wallet, so I wouldn't recommend it for long-time storage: strictly transactions. Once I know how much I need to pay for an item I put that much in the wallet, and maybe 1 or 2 BTC more just in case there's a last second price change, and when I get home I immediately transfer any leftover funds to a more secure wallet. Blockchain works the same as any other client: enter the seller's payment address and the amount of BTC for the sale to send payment. Blockchain also has a QR scanner built in if the seller has a QR code address.

As a side note, I use an iPhone and Blockchain is, to my knowledge, the only wallet app for iOS without jailbreaking your phone. I have no knowledge about jailbreaking or Android apps for alternatives to Blockchain, but you can always do your research here on the forum or on the BitCoin wiki to find an app that works for you. You can also use your laptop, if you have it with you, to access your wallet and pay the seller. I recommend creating a brand new wallet for the transaction, especially if you're the paranoid type. Better safe than sorry, right?

Paying with Cash:
This section focuses on buying BitCoins. One of the more common OTC transactions is buying BitCoin with cash. If you're buying BTC, you need to give the seller a payment address to receive your funds. You can use your mobile wallet to receive the funds, which you can then transfer to a safer wallet when you get home, or you can write down or print out a wallet address for the seller to send the BTC to. If you do the latter method, make sure to confirm the transaction before you part ways: use a laptop to check your wallet and confirm the payment or have a trusted friend/family member monitor the wallet and contact you with confirmation of the funds.

Selling:
There are a few things to review for sellers:

• Terms of the Sale or Trade
• Accepting BitCoin Payment
• Accepting Cash Payment
• Other Forms of Payment

Terms of the Sale or Trade:
If you and the buyer have agreed to the terms of the trade ahead of time (as in what is being sold and for what price), I recommend printing out a copy of the agreement or correspondence (emails, forum posts, etc.). I've had experiences where the buyer tries to change the deal at the last minute or claims that I agreed to a lower price for the sale. Printing out what you offered and he accepted will back you up and help you get the price you asked for. You can also take a picture of these correspondences with your phone or digital camera if you don't have a printer, or use a laptop/tablet to bring them up if WiFi access is available.

Accepting BitCoin Payment:
Write down or print your payment address and bring it with you: I also recommend having a QR code address printed for buyers who use mobile wallets. Make sure you have a way to confirm payment before you part ways with the buyer. Use a laptop/tablet to check on the transaction for confirmations as well as affirming that the buyer paid the correct amount. You could also have a trusted friend/family member monitor your wallet and contact you with confirmation if WiFi is unavailable. Mobile app wallets may be able to confirm transactions on the spot, negating the need for WiFi access and a computer if you have a 3G/4G phone: the Blockchain app I mentioned can do this for you.

Accepting Cash Payment:
The main concern with cash payment is counterfeit bills. Most banks and retail locations keep special markers at the registers that can show if a bill is real or counterfeit. Here's an example on Amazon. These markers are a cheap investment if you're worried about receiving counterfeit money. I've also found them at office supply stores like Office Depot and Staples for around $5-$15. Keep one in your pocket and mark the bills before you finish the sale. Make sure you explain to the buyer what you're doing so they don't freak out on you: I've had that happen before.

Other Forms of Payment:
The are two things to remember about alternative forms of payment: one; try to agree with the buyer ahead of time about the use of non-cash/non-BTC payments, and two; do your research on the payment method to make sure you know what you're getting and how it works (and how easily, if possible, it can be forged or reversed). This forum is full of warnings about certain payment methods for good reason. BitCoin purchases seem to be the bigger targets for chargeback fraud, so keep yourself educated when you're selling BTC in person.

There is one final warning I would like to give in this section: do not accept personal checks. One of the first in-person sales I ever did was for a personal check ($450), and I'm sure you can guess how that went simply by the way I've brought it up. Another check sale a few months after that one was paid for with a stolen checkbook and I had police show up at my house asking about the sale so they could find the guy. If you absolutely must accept a sale by check, I would recommend completing the sale at a bank so you can cash the check on the spot.

Other Tips:
This section is for good advice submitted by other posters. Thanks for your contributions!

• Make sure to specify your expectations in advance. Confirm the time and place of meeting and make sure that both parties have everything on hand to complete the sale or trade. ~ Stephen Gornick
• Strength in numbers: bringing along a second person can be an excellent source of additional security and protection. ~ Vernon715

Rain or shine, bear or bull market, bad news or good news - I keep buying every single month. It's quite nice to have my money work for me now with Bitcoin in a strong and powerful way.

Many preconditions for cashless society have already been fulfilled but still it's not easy to transfer our finances just like that. Cashless society would make many things much easier but I think it's in human nature to love the cash and feel it in your hands so many of us wouldn't like to give up the cash.

Bitcoin to hit $15,000 by end of 2017 seems ambitious but of course I will be happy to see it happen.

I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?

It's very difficult to do it while having fun, but I think a lot of people are happy to trade, not as a game, but to earn more income than their income. well, this is not like gaming and having fun, but this can be said to work.