on paxful i made 0.07btc per day , but now with alot of trader i cant make money.
I probably only make a few cents per day with trading on average. Some days when there is no price fluctuation, I won't have any trades but other days I have several. It's a slow process. It depends upon the user who makes the trade. Some make much with the increased price margin even when the price is low without big fluctuations. But the same won't be a stable one. So it's all about the capital and the way we make the trading with long timeanalysis. |
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I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it'smoved forward in relation to the technology updation. |
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Right now the price ofbitcoin has dropped and has gone below $1200 reaching around $1175. Soon this might move forward giving opportunity for the traders as well users to benefit out of it. Now the ongoing price drop might be due to the impact of the speculative approach.
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Most of the time gambling is done during the evening time after the office hours. It gives a relaxed mind to participate than gambling by the middle of the day. Also I don't play regularly. Only on days when I have good backing amount and a energetic mindto take part actively.
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I think bitcoin possible can lead to corruption since bitcoin cannot be controlled by the government. This can easily touch by other people to do some bad things just like in the government.
As quoted it is possible to do such bad things with bitcoin, at the same this can be sought outif every country accept and regulates bitcoin. Governments are always corrupted and now very few politiciansare knowledge to know about its existence, else more of them might have started using it. |
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After the regulated acceptance of bitcoin in Japan one of the giant in electronic sector have made the move accepting bitcoin before other firms regulate the usage and acceptance.
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With Japan jumping into the picture, Asia will be the new hub in terms of bitcoin market and trading volume as well. I hope a lot of Fintech startup will also begin in HongKong, Singapore and Philippines that will push bitcoin to scale even more in the future. A few more years and bitcoin mass adoption will happen specially in Asian markets.
A promising future is found for bitcoin as more and more stores are getting into the legalazation of bitcoin. Now Japan has set the base and based on this Japan will mostly serve as the fintech centre for bitcoin. As mentioned Hong Kong, Singapore, Philippines take bitcoin to higher place. India too recently got increased users when demonetization took place. |
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For those experienced people in Bitcoin, any encouragement to us beginner that may motivate us further to strive more in the world of bitcoin ? any experiences that you can share when you were still a beginner that pushed you to make it to the next level ?
According to me You Should Firstly Gain Adequate Knowledge about the Cryptocurrencies and After that I Suggest you to Try to Buy Little Amount of Bitcoins and Try to Grow them By Doing Trading and Doing Some Other Activities that help you to grow your Bitcoins....... As quoted being into bitcoin is good, but over expectation should not be there. Because most beginners with much expectations come into bitcoin and in a short gets trapped by the scammers who provide attractive schemes of earning bitcoin. So it's good to learn to some extent and then start using it. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
because by saving bitcoin for a long time is one of the greatest investment because the bitcoin price is pumping every so they can multiply their bitcoin by that saving it for a long time. So that is the benefit a huge earning. For savers in the long term, we all hope the price of bitcoin will continue to rise so we will all benefit for our investment. It is predicted it will increase overtime so we have to be very optimistic with that. As stated from the day the first coin generated the price have reached high along with increasing adoption and acceptance compared to most other digital currencies. Saving is always profitable and when it comes to bitcoin it makes our savings grow. Even now experts have stated that price will increase more and more. |
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Well i don't think so that any banks would accept bitcoin because there are still markets are not accepting bitcoin as payment. But if bitcoin was approved or considered as real money maybe the any banks would accept bitcoin.
Yeah banks don't accept bitcoin directly. Bitcoin has been considered as a money around the universe but it have got acceptance similar to the fiat currency that's circulated for all needs. More banks have started trials about the bitcoin usage within the banking system through blockchain technology. |
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bitcoin is almost the same as gold, bitcoin is created with a fixed value. it is not possible if bitcoin be corrupt, but the possibility also dev corrupt elements within themselves.
Bitcoin cannot be mentioned same as gold, in terms of pricing more or less equal right now. When we talk about the acceptance bitcoin is far away from gold. Only the technically aspirant users give importance to bitcoin than gold and profiting much out of it than profiting from gold. |
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I think more than 50% of the people will leave the crypto currencies. People are here because of Bitcoin.
I don't trade into altcoins more but I would like to try LTC it Zcash if there was a certain situation. I think they both have the potential to sustain for some years.
Initially Bitcoin caught all of the attention, yes. But if any coin could claim beeing "Bitcoin 2.0" or similar, kinda the right inheritor? Would have to be in line with current source code. Some further developped variant. I don't think a coin with such a potential of bitcoin exists anymore getting a good developer team as bitcoin has got. Bitcoin 2.0 might be a possible one, but it might exist as a competitor and not as a replacement for the present bitcoin. |
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Bitcoin is not going to replace fiat for most people but without a doubt there may be some bitcoin users out there that are not using fiat anymore and are only using bitcoin right now.
I don't think that it is possible only to use bitcoins as to take care of our expenses in real world we need fiat and bitcoin cannot be used anywhere for buying anything so in that case we have convert our bitcoins to fiat currency so that we can use them for shopping. Now at present we cannot use bitcoin same as that we use fiat for our needs starting from daily needs to other online purchases. Little by little it's increasing as userswere increasing. If bitcoin have got an physical appearance as our cash it could have been more popular than the present but it cannot replace the fiat system. |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
I think there is still no banks around the world that accepts and uses bitcoins as deposit for their service.But maybe this year or in 2 years from now we can see one too,since japan already accepted bitcoins as one of their currency this may push other countries and services to push more on bitcoin on the world Right now there are banks that have invested on bitcoin indirectly. In a recent news came to know a Bank in Austria is planning to function completely on bitcoin. I'm not how true the news is, but expect the same to happen within few years time as stated in the above quote. |
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I like to bet on Boxing. I almost never lose. Of course winning is not large, but for the fact and no loss. What is bad? Bet only bring me pleasure.
I don't prefer boxing, but it looks like a good pick as the event gets completed in very short time than other sports events. Most of the time I prefer to participate into the tennis events. It gives the ease of predicting the results in a better way than other sports events. |
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None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.
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If you wait all the time there will never be a good time to sell the bitcoins. Bitcoins will always tend to rise and fall randomly .keep a target that will be achievable and you dont have to wait too much for the bitcoins to rise too much and dreaming about becoming rich.
The price fluctuates with ups and downs, so it's good to fix a target to be reached and sell your bitcoins. The reason is that here you cannot get support from users around, because if they suggest you to hold and by that time if price drops it makes you feel bad. |
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Just few days have passed and IPL is already getting so exciting. MI's match today was nail bitting one where till the end I couldn't guess whether they would make it or not. The score wasn't that high but the LBW wickets were really upsetting. After losing their first match, I'm glad that they came back in the second match and defeated KKR. If that wicket of Boult was not dropped, KKR were surely winning as MI needed three with 2 balls remaining but that missed chance helped MI to win the match.
Very perfectly said. MI had an advantage that they were playing in Mumbai. So crowd support was with them and also some lethargic efforts by KKR in the end resulted the win for MI and this may be the boost that MI would be requiring to start off. Yes and IPL is full of surprises and that makes it more attractive and watchable and this is just an beginning and we will seeing much more exciting matches in coming days and hoping to make some profits by betting on it. Ya it is true that in IPL we can find lot of surprises and good playing players, the main formula for profit is just go for laying in low odds and when ever you get the hedging position just go for it because in this we cannot say when a team with good winning marging will lose the game at the end. Today match punjab vs rcb where i think gayle is going to play in rcb today game so it will be more interesting to watch. Even I think Gayle is going to play good today, but similarly if Guptill plays, he might also score well. I believe the chaser will win today. I want RCB to win today's match. Gayle is not in the best form of his life at a moment and if he fails today then RCB will really have to think of replacing him in the next game as RCB was lucky to win the last match against DD but they cannot expect miracle happening in every match. With Twenty twenty it's really hard to predict which team wins or play well. The reason is that even a single over might change the entire game. Also in today's match both are equally strong holding good lineup of batsmen and bowlers. |
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I think here in my country, the only option available is localbitcoins. Which I feel is the best options anyways. But one must be careful and not get conned.
China has got more exchange websites and recently after the inspection few of them were shut down. During this time a big number of users moved towards localbitcoins. Now I think localbitcoins provide better service similar to other countries were it provides good exchange solutions. |
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By playing the game which you are to familiar can be a big factor to an easier way to make profit from gambling because the winning chances will be greater than playing which you are playing the game which you are not familiar.
Especially if a person gamble in sports as if a person will be expert in any sport and he will know about the team and will have good knowledge about the game then he will gamble the most easiest . In such a way gambling can be made effective, other than that placing small amounts when the match move towards the end is quite good to profit smalleramount and make it a stable earning. Else need to focus on a specific event and place even if the odds were low. |
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