True! I also started earning bitcoin when the price was standing at 450 USD only and looking at current price, you can understand that how much profit I am already making just by holding my bitcoins. I didn't invest bitcoins to any cloud mining services or any ponzis because holding bitcoin has provided me with a robust return which I am bank upon.

It is indeed a blessing to many jobless person who are making a decent living just by earning bitcoins or by trading it. What else you can ask for when people are happy and they are not looking for jobs outside.

That's good. I have been playing 8 ball pool since long in my mobile device. I have check your ANN thread but could not find the link for sign up or app download. Has it been launched yet?

I would love to see bitcoin at 10000 USD because probably by that time, I will be a millionaire. I have been saving bitcoin since it was standing at 450 USd only and I have come a long way now. I have been trading since long and earning a good amount of profit.

Unlike others, I din't invest my bitcoins in any other cloud mining or any other websites. I just trade and save bitcoin from the profits I make. But saving bitcoin is also an investment for sure. I am sure that is not going to happen very soon but one day bitcoin will break 10k USD barrier as well.

First thing, you need to decide about your investment term. Are you going to stay invested for a long term or short term profit you are looking for. If you want long term profit, then start buying bitcoin, ETH, Zcash, Monero and Dash. These coins can give you a very high return in long term.

Secondly, start learning trading. This one method will give you unlimited profits during your free times. If you don't know how to trade, go to youtube and you will find a lot of training videos there. Start with little investment to learn. Once you are confident about this method, start with big investment to gain more.

I doubt any builder will accept bitcoin as a payment of a real estate, at least not in my country. The house I am currently living in as a tenant, will cost 24 bitcoins, if I want to buy. So it's a huge amount for sure.

However, I have been saving bitcoins from a long time now since the price was at 450 USD. So I believe, if I keep doind the same activities for another 5-7 years to come, I would be able to pay a big chunk of my house price from my bitcoin savings only. It will help me take a less amount of bank loan and also the EMI amount will be lowered.

I don't see any issue on the actions taken by the DOE against the employee. Rather I am shocked that DOE only punished him for just $611 and nothing else. He didn't loose his job. If the similar thing happens with any private company, he would have lost his job for sure.

However, I also support the company because he was supposed to be working for the entire duration in the office and not mining. We all need to learn how to keep our online and offline life separate. Earn from your day job and use your free time for bitcoins. That makes complete sense.

Bitcoin doesn't simply have the power to absorb this planet's finances. It can create a parallel economy and make few people rich worldwide. But it simply can't replace the current economic system for sure.

Bitcoin will never be accepted in most of the countries because they don't have control on bitcoin. Governments won't allow something to enter their economy which they don't control. So, bitcoin will never be able to become a mainstream currency. It will remain as an wonderful investment asset like today.

That's not good because I believe coinbase has made it clear from the beginning that they are not going to support BCC. The people who are angry, is just trying to make some extra money because now they have realized that BCC is also valuable. So they lost the chance to receive free money.

Also coinbase has not stopped anyone from transferring their money to a different location in order to get BCC. This is utter non sense by some greedy people. I too have a little amount of bitcoin over there. People need to be more sensible and updated with the current news.

I don't see that imminent but yes, that could be possible in future times. As of now I don't see any competitor of bitcoin in any way but in future times, when bitcoin will not be mined, that is very much possible.

ETH is the closest competitor to bitcoin as per the market cap but not as per the price. However, I won't be surprised if ETH takes over bitcoin in long run. Bitcoin is minable till 2023. After that, ETH or any other coin with cutting-edge technology can take over bitcoin. It is not impossible.

It is not the right time to say anything now. As of now bitcoin network is congested and transactions are not faster than before. However, in one or two days, after tracking the situation, we will be able to determine the actual scenario.

As per coinmarketcap, the BTC dominance has decreased by 1%. Monitor the situation and you will come to know. I have few bitcoins in my offline wallet and I am not planning to move it anywhere now. By this weekend, I am planning for a transaction. Lets see what happens then.

Nothing is flawless in this world, so a person or system needs to be upgraded to function properly in a dynamic environment. I believe that's what happened to bitcoin. With SegWit activated, bitcoin will be ready to perform better than previous systems. That overhaul was needed because transaction fees was getting higher and confirmation time was becoming longer.

We all know that, in this world only fittest can be survived and thrived. Anything less effective will have to be replaced by a more effective system. Bitcoin's price was crashing due to all the faults in the system. And now you can see the market is riding high with expectation. SO even if bitcoin deviates from the Satoshi's whitepaper. We are going to support bitcoin.

There is no good investment in Bitcoin other than holding or trading. Gambling will also help you to earn some. However, never invest a single penny in to cloud mining company or in a ponzi scheme. You will end up loosing money and nothing else.

If you don't know much about trading, then just earn bitcoin and hold that in a safe place. That will help you to increase the value over time. But avoid any kind of investment which offers you a daily return of some percentage from your invested amount. They are all ponzi and scam.

I too had the similar question in mind and hence I posted a similar thread like you.

https://bitcointalk.org/index.php?topic=2051882

Check the thread and you will find a lot of answers which may help you to understand the situation. Among all suggestions, I see that moving my funds to Electrum wallet is easy and reliable. So I did that. The best part of electrum wallet is that, you don't need too download the blockchain. Just download and use it.

I am not sure how they are going distribute BCC, but I will be happy if my bitcoin holding is safe. 

I believe crypto currencies will remain volatile for ever because no one is going to regulate them. Why real world currencies are less volatile? because they are regulated by the government authority and also these currencies are backed up by some real asset like Gold. So they are less volatile.

On the other hand, crypto currencies are volatile and that's what makes them special. There is no regulatory authority for the crypto currencies. So the volatility creates a lot of trading and hedging opportunities. I believe, crypto currencies will be less attractive if the price is stable. Volatility is what makes it attractive and traders around the world can play around it.

I was confused with the same thing because I use both offline and online wallets. So someone suggested me to use Electrum wallet and transfer all my online fund to that wallet.

The best thing about electrum wallet is that, it is light. You don't need to download any blockchain to your computer. I have just installed one and about to transfer my online funds to that wallet soon. I hope I will receive a good amount of BCC because I am going to hold a good amount of bitcoin in my electrum wallet.

True! A lot of users are in the same dilemma I believe. But I also believe that, not all exchange admins are scammers and they try to run a business here for long term. However, the current scenario is forcing a lot of members to re-think their accountability. Since I trade a lot, I keep a good amount of balance in some exchanges.

But I always transfer at least once in a week to my own offline wallet after the weekend. I get most of my time to trade during weekends only and after weekend, I transfer any extra money above my holding threshold to my offline account. So you need to set a threshold for yourself, like 100 USD. Anything above that amount will be transferred and stored in your wallets just to make sure that you don't get hurt if your exchange goes down.  

Hi All,

I mostly use my hardware wallet to save most of my bitcoins where I have access to my private key.

However, I also keep a good amount of bitcoin in my online BlockChain wallet for quick trading transfers.

my question is, do I need to worry about my bitcoins I hold in my online wallet? Will it be safe? What can be the consequence of of August 1st network split on my bitcoins?

Can anyone please give me an answer?

Well, that a relative phase. If you are making mistakes and not getting much profit, you may think that you are spending too much time in trading and that's frustrating. You are true as per your situation. However, it may change if you start getting desired profits from your trading activities.

I don't spend much time trading because I have a day job and I earn a decent salary from my job which takes care of my daily expenses. And whatever I earn from my trading activities, goes in to my savings. So for me, the more time I devote towards my trading, the more profit I make.

I keep my eyes and mind open every time and track the market almost everytime, even at my office. That's my strategy to trade. Also patience is very crucial because traders need to have patience. Without patience, you will tend to make drastic step which may not earn you anything.

Market tracking is very important because then only you will be able to notice the trading opportunities and make use of it. Also you may look for arbitraging. Where you can buy frm one exchange at a lower price and immediately sell at another exchange at a higher price. Google it and you will learn arbitraging.   

I don't see any practicality of creating a new currency which is cloned and also CA is the part of USA, whose currency is considered to be one of the most strongest. Why would CA loose that opportunity? Also if the currency takes a hit from the worldwide population, then the economy of CA will be in danger.

If a country tries to create an original crypto currency along with the conventional currency system, it is better to experiment but not without the original currency they already have in place. So if the experiment fails, they will have something to make use of. If CA moves to create it's own digital currency, the consequence will not be good in any way.