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I don't think it is a smart decision to use bitcoin for everyday life because if we will use it like a regular money then we are losing the chance to make a lot of money in the future because the price of bitcoin is not stable and it might go up in the near future so if you are going to just spend it for daily basis activities then you are losing the chance and opportunity.
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I wish I could earn more btc and buy things that I need :-)
That is a very easy dream for a person who is determined. If you are a person who have a full perseverance then you can earn a lot of bitcoin in the future and if you will maintain those bitcoin amounts or increase them then you can have a higher chance to reach your dream and buy the things that you need. |
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There are a lot of things that can hinder bitcoin adoption, or potentially cause serious harm. There is already a proposed 2x hardfork potentially going to happen soon (in my personal opinion is an attack), the 51% attack, exchange manipulation, exchange regulations, AML/KYC overreaching, FUD, countries banning bitcoin, bitcoin cash, hackers... There are always so many forces acting on bitcoin it is amazing it is still standing strong, I love it.
Yes, I agrees with you on that things mate, even there's so many attempted to turn down bitcoin, but still up to now bitcoin stand still and became more stronger. And what good about it the demand of the bitcoin users and whale investor was also supported bitcoin in times like this of bitcoin faces circumstances. No one can take down the mother of crypto currencies. Let them put as many hurdle as haters can in the way of bitcoins and let them learn a lesson for lifetime when BTC will crush all these freaky little jerks beneath its feet. Never ever underestimate Bitcoins and its community! Sorry! Got a little bit overemotional LOL. Well, my friend I appreciate your honesty and commitment to Bitcoin, but you should never say never. It is possible a new coin could overtake Bitcoin, just like Facebook did to MySpace! Overtaking bitcoin is very possible but as long as the development of bitcoin is still good and there is still a lot of people who are using bitcoin then there is no reason for bitcoin to be taken over. Bitcoin is the best cryptocurrency as of now and i believe that after 12 months there is still a chance for bitcoin to stay at the highest rank. |
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It is easy to spot a bitcoin scam. If the site that offering bitcoin is too good to be true then it is clear that it is a scam because there is no site that will offer a huge return in just a short period of time. I believe that it is better to earn bitcoin in a slowly but surely process rather than betting and risking to those kind of scam sites.
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When someone new to Bitcoin asks you about it, you should tell them just that Bitcoin is like virtual money. Or virtual gold. You can use it to buy things online and real life just like fiat, only it is better. Do not give too much explanation or they will not understand it.
Those things that you said is enough for them to get curious and that is right that we don't need to give them too much explanation because it will make them feel bored in listening about bitcoin and if they get curious with simple explanation then that is the right time to continue explanation up to the full details of bitcoin. |
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It happened before and it will happen again; bubbles come and go. It may be just for now but these obstacles are necessary to make bitcoin much more worthy and rewarding in the future.
It is about the news and not the bubble like you are pointing on prices. I agree to your statement that it will come and go because that is what is happening in bad news, they come and go because they are one of the helper to make changes in the market and because of that we can easily make profits because we can buy if there is a bad news and sell when there is a good news. |
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Actually i have many plan when i have a bitcoin, but first i would like to buy a house or to pay the school of my brothers because i want him to finish of his studies so that he can live in his own life. Even no support to my family.
You can do it and don't ever lose hope because bitcoin can really give you that if you will prove to bitcoin that you really deserve that. Work hard and always try new things that can give good benefits to you and you will not recognize that you are walking close to your dreams because that is what happening to me and i know that you can do it also. |
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I think everyone is using that strategy because that's the best way to earn bitcoin thru investment but you really need to watch the market fluctuations, if you are doing bitcoin during your idle time and you have a regular job it will become difficult for you to keep an eye on the board for me it still more wiser keeping your coins for a long term period then sell them after 2 or 3 years that will surely give you a good profit.
That is the right thing to do if a person who have bitcoin or uses bitcoin then it is better for him to keep in long term and it is the best for almost all the bitcoin user because they can save time and money in that strategy which can give them a huge return after a few years of holding so even though you have job or not then holding bitcoin is a great strategy. |
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If bitcoin was banned then it will be a huge issue because a lot of people are doing their best in bitcoin and they are all collecting bitcoin and keeping it on a safe place for an expected return which can make them a rich person in the future. Bitcoin is a really great currency but even a simple banning decision from a country for example in China, then it will affect the whole market again just what happened in ICO banning.
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They have a great connection between the china's ban for the ico and also for the market prices of the altcoins and even bitcoin in the market because it is a huge effect for the whole market because we know that most of the investors in this industry are chinese and if their country banned ico then they cannot participate anymore so the chance for the market to gain more volume is very low which makes the market users lose some hope.
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There are some illiterate and uneducated people who have know idea of what bitcoin is . So they ended up with telling that bitcoin is fraud, illegal money and so on.. I just ignore them.
No don't ignore this type of people because they need to just know about bitcoin and I know such people need more money. So provide information about bitcoin is our duty to such people. It is not our duty to teach people who don't like bitcoin because they will just keep thinking the same thing and that is a negative. We don't need those people who don't like bitcoin because even though we teach them what is bitcoin then we cannot get any benefits from that and it is just a waste of time to teach them. |
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  i really want both to have bitcoin and also my stable job, but if Bitcoin giving me a more chances to have a lot of money or not even more but it is gradually higher in exchange of my effort everyday posting, so why not! i can resign immediately my job, if bitcoin is making me a successful miner of Bitcoin If you have a stable job then don't quit from it and stay for stable job and also do bitcoin because it is really needed for a person like us to have both stable and aggressive source of income and that is what we can get from bitcoin and if we balance those two very well then we can easily get a lot of profit of money and we can build our own business with support of bitcoin to gain passive income. |
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Cool! thanks for the enlightenment sir! well i guess bitcoin is really good as compare to credit cards as i summed up all of your responses. I'm in for the very first campaign that i have joined since i became a junior member. hoping i can earn more bitcoins here.
Just keep being active here in our forum and do all your best to your current campaign so you can have a great quality of post and you will be able to build a great profile for your next signature campaigns. Don't get bored if you are working here because it will pay off after your signature campaign and don't forget to be always active. |
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Bitcoin is better than the other coins because of its stable market and it is the first ranking in the whole cryptocurrencies and it has a huge volume so it means that there is a lot of people in bitcoin market and that is why the price of bitcoin is difficult to dump so if i am going for a long term holding or investment then i will go for bitcoin.
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This time is the best time to invest in bitcoin because it just had a huge downfall from the price of more than 4,500 USD and it is now getting lower and lower but we can still earn money even the market is falling if we are going to hold it for long term because this is just a temporary issue or problem with bitcoin and it will be alright after a few months.
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Anything can happen in cryptocurrency world . any crypto can be replaced btcoin at any time. But it will be tough enough.
yes anything can happen but i think it is still not so easy. because currently bitcoin is the main crypto currency and still people like and give more preference to it as compare to any other altcoin. therefore i do not think that any other altcoin will have the power to overcome bitcoin so easily, i do do not think that it will happen in near future. If something goes wrong with bitcoin and if the problem is cannot be solved by any solution then there is a lot of altcoins to choose from because they are all potential competitor of bitcoin and the only reason why they are not famous is because they don't have too much attention and volume but when bitcoin goes wrong then it is the best time for them. |
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Well yes partly. Partly because if you have many bitcoins then you are already rich instantly. But if you are new to it like me, and do not have many bitcoins then it would not be instant because you have to work hard. You need perseverance and patience in earning bitcoins. Same thing with investing or trading.
yes I agree with you, if we have a lot of bitcoin maybe we will get rich and vice versa if we do not have a bit bitcoin we do not become anything but we work hard and patience or perseverance to get bitcoin desire and get rich or instant It takes a lot of time and hard work before being a rich person with bitcoin. If you don't have a lot of bitcoins then just work hard and you will earn it in the end of the day. Bitcoin is an awesome cryptocurrency and it could make us rich without having any hassle but only working in front of our computer. |
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actually i am underestimated bitcoin in 2015 when i am first time knew bitcoin. but after the end of 2015, i know the price is start to increase, i read many source and i learn many thing, then i realize that bitcoin is different than any investment i know. so i start to believe in bitcoin and finally i use bitcoin and in 2016, i see the price is increase more. finally in the middle of 2016, the price start getting up and this year, bitcoin price reach the highest price that i can see. so from time to time, i am trying to be sure and believe with bitcoin in any circumstances.
yes, we used to. Couple years ago, Bitcoin was really underestimated and even many people think that Bitcoin was a scam. At that time, Bitcoin was invaluable. That's why it couldn't bring enough trusts to us. However, It is different now, Bitcoin has given hopes to people. Yeah some of us underestimated bitcoin back then earning bitcoin is easy at first when the price is not that big some people in the past ignore bitcoin like me i don't know what it is and i think it's a scam when i was a newbie and now here we are hoping to get 1bitcoin and work hard, waiting to earn profit from bitcoin by holding it for longterm. We already learned our lesson and that is not to underestimate the power of bitcoin. Back in the day that almost all the people that i know always laugh at bitcoin because they think that bitcoin is just a waste item in the internet but now are they are regretting it because they saw the price that it is too high and it is not affordable for them to buy at least 1 of it. |
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i think bitcoin is high in this date therefore the price now is like 2x now so the better is bitcoin,i think after a year bitcoin is good as money because of the transaction here not like bank Bitcoin is starting to get into payment system of each country and even there is no law for legalization for transaction. There is already a lot of people that are using bitcoin to do transactions like selling or buying items and they preferred bitcoin because it is faster in transaction and also bitcoin have a cheaper rate in fee than the banks. |
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I like about the bitcoin the best, is that i could earn and have additional income just by joining campaign and posting. but this time, the value of bitcoin increases and gives us more amount of money just by waiting it to increase
That is why bitcoin is a very awesome currency and there is a lot of opportunities with bitcoin also that we can grab to earn more money or bitcoin and if we are going to hold our bitcoins and keep growing or increasing it time to time then it is very easy for the people like us to become rich with bitcoin in just a short period of time. |
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