I mostly save up my bitcoin for future fun purpose. I have a day job which pays me well so I don’t need any extra income to sustain my life. I am ok with my salary. But I also save up bitcoin from various sources like signature campaign or trading. It is because I want to make my dream come true.
Since long, I am planning to buy a superbike. I have not yet decided the model, but I need a superbike because I want to go for cross-country touring. My current bike is good for city commuting but not touring. So I want to buy a superbike in future. Definitely it is not a necessity but that’s why I am saving up my bitcoin. Probably 2-3 years down the line, I would be able to make my dream come true.
I am impress with you, i also save my bitcoins only for future investment wise. Definitely bitcoin has a bright future than it make me rich, and than my dreams will come true. But now i am doing a day job, and i am happy with my earning. I do work with bitcoin and save it because of my saving. Otherwise, i wish your dream come true of your super bike. I was a student also keep most bitcoin only for investment and maybe I will use in the future. But considering I dont have a job so I use part of my income in bitcoim to buy daily necessities. But I really appreciate for them use bitcoin only for investment. Good luck with your investments. Thank you Most users here consider bitcoin as an investment rather than to have fun. As above guy said most common users prefer it for daily necessities. Only big whales make big profits. I use a part of my earnings in the form of bitcoin for fun and compined profiting through gambling and the rest for savings. |
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the first japan bill containing virtual currencies is expected to come on april which recognizes bitcoin as a method of payment.Although,it doesnot define bitcoin as a legal currency,it is still considered as a remarkable progress for bitcoin in japan.Hope, most of tourists who would go to japan to see 2020 olympics would be able to pay in bitcoins.
Japan is really showing the world how things have to be done and they are making things convenient to their tourists by starting accepting bitcoin and it will be a huge thing if people are able to spend through bitcoin during the Olympics which will be the major attraction in the whole world and there will be another halving during that time and i wonder what the price would be at that time.  Truly Japan is evolving as an example for the digital growth and technology advancing in all sectors of life. They give importance to technology, because of the same Japan progress high in the Country's infrastructure and as a center for more markets. The support from government is the one that makes it effective. |
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I found myself thinking that bitcoin may have a serious relationship with dollar as this relation can be showed in inflation/deflation phenomena but what encounters logic of the rules of inflation/deflation is that bitcoin has increase and decrease at the same time and exponentially . Thus How can we suppose that bitcoin may break the rules of inflation/deflation and some economic rules ?And can bitcoin remains faithful to US dollar?
Currently china economic influence bitcoin pricing more than any Economic around the world! And because of this bitcoin will never remains faithful to a single currency like US dollar. I don't think we have a sound proof system against inflation and deflation for now and bitcoin is not an exception. China's influence on bitcoin have decreased a lot. This happened once after the inspection from the PBOC on most of the exchanges. Soon after this few exchanges got shut down and the regulations were made strict. This too is to make their own economy stable. |
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Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are thinly veiled Ponzi schemes; yes, this is blood money. If an MLM business works similar to affiliate programs then there would be no possibility of getting scammed with them. Unfortunately most of the MLM schemes are coming with no actual business, yes they are coming with no product but circulating the money is their main business. This kind of MLMs should be avoided because those ponzi may get is landed in scamming. Most of the MLM schemes are going Ponzi just because there focus is to make money, not to serve the entire user community who believe in it and try to earn. These days the attraction that's been created by the MLM were the payment in the form of bitcoin. I never trust in these MLM's because only very few of about one in fifty seems trustworthy. |
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Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?
Yes sure just try it, as long as you are able to earn it. Lot of determination and patience are needed in order for you to obtain it. A bigger amount of money will be save if you are successful to it. You need to be wise in all your transactions to save money. Do it as long as you can. You can do it, just think that you will have save money when the year ends. As said it needs to have more patience. The price of bitcoin varies with regards to time, so have a fixed number in terms of fiat. Whether the price increases or decreases you need to spend particular amount of fiat every month to save bitcoin with it. This will make your savings with the week plan a successful one. |
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They are just another hopeless try to change people’s mind about bitcoin, I have noticed recently that every time that the bitcoin faces a problem or the price falls down a bit, the forum starts exploding with posts about altcoins, and the best altcoin to invest in, people think that bitcoin is easily defeated and ignore the fact that it has a large community behind its back.
You are right. It has been already a known cycle in the Bitcoin community that when a problem can arise many of them are flying to many altcoins and after some days they slowly get back to Bitcoin again. So it is not surprising if a month from now the same thing can happen. Anyway, as in anything, this movement can present a good opportunity to buy some more Bitcoin...there is no need to panic as Bitcoin is already set for the future. The user who focus only on the profit gets panic. Using it an right time the big investors buy more and more and benefit when the gradual price move takes place. Now there are people who have been profiting good with the ongoing price fluctuations. |
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You are importing their public address, thus as you said it is watch only.
The only way you would be able to influence the coins on that address would be to import their private key.
In short, you cannot affect other users by importing a public address in watch only mode.
Hmm, I think seeing these kind of setup in your wallet will make someone greedy, making a plan or a trick to hack it, it is possible right? I don't think there is a significant difference between watching a address by importing it to a wallet and what one can see with an explorer (like blockchain.info). I guess it will make some people wanting money the same as they would see some big bank accounts. Some of them will also try, but they will try to scam the users or hack them and their badly secured private keys. I doubt that many will try to hack Bitcoin, since this is next to impossible by most experts. No one could able to do that on hacking anothers address without any keys thats connected to it. Its impossible as of now on affecting the coins of someones address therefore we can only watch the amounts but we cant touch it no matter what that is why theres a private key as you do have it no one can touch your coins. As stated without the private key of the respective bitcoin wallet address one could not have control or access to the bitcoins that are stored within the wallet. |
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how to get rich quick is how to quick way to go broke  i llove this quote stop addict gambling from now you will rich with no risk Wven if you do not gamble, you are still not risk free to becoming rich. A lot of people want to be rich and they did that by investing in stock or starting their own business. That can be more stressful than gambling but if you do your research well, you can make a lot of profit. True everyone has a dream to rich someday there are different ways to how to be a rich someday becoming a business owner can be result us to become rish someday. Gambling is just an another term of play ground of adult where they can stress out their bad feelings there by enjoying the entire game. Yeah most users dream of becoming rich, and each has their own way of following principles and procedures to become rich. But with bitcoin every earning is much difficult. Same is with gambling if tasted it, then based upon the taste sticking to the tongue some won't try it the next time, some gives feeling it a bad taste. |
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Even though hard fork have lots of risks such as bitcoin price crashed, i think hard fork is fine rather than stuck at 1MB block size since majority chain will win, bitcoiner will enjoy new hard-fork update and minority chain coin can be sold for extra money.
But, i think hard fork won't happen since BU couldn't receive 75% support and we will stuck with 1MB block size limitation.
While we think of hardfork we need to think of the miners, 1MB blockade doesn't look to be a big issue. Users get a small delay in the confirmation with a lot transaction log. This can be sought out even without increasing the blocksize. The blocksize increase first directly attacks the miners who are the people for such a perfect functioning, because only the large scale miners can mine and the mining difficulty of small scale miners will be quite hard. |
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Money laundering via bitcoin is possible as this is anonymous and cannot controlled by the government. As this can hide the identity of a users. As long the process can adopt by the users its possible.
Anonymity is a major reason that helps users to involve into money laundering using bitcoin. At the same the number of people into such services were not much aware of digital currency. Based on this the money laundering through dollars were high compared to bitcoin and other digital assets. |
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Anonymous way of buying and selling is possible but it is risky. One could make anonymous transaction only through the forum, can buy or sell bitcoin in exchange for gift cards which can be used later. Here the buyer and seller identity won't get revealed.
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Developing a dice game with six faces getting rolled along with the graphic, multimedia and algorithmic program might be tedious and not easily understandable. The present dice games were easily understandable, for which such a simple way of dice is used in most of the websites.
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The leading corporats of bitcoin might have tried the divide and conquer tactics to have a control on the network. But already bitcoin have overcome several such tactics. One of which is the statement revealed by the top management core developer who got out of bitcoin describing it an failed experiment and moved towards R3. At the same price fell in a short and soon after that price got recovered.
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It doesn't look fair that Satoshi Nakamota is an A.I, possibly the entire idea might be from a group of creative minds. Satoshi might have had the key concepts and altogether might have executed it to make a revolution in the financial industry.
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Localbitcoins is the best for me to buy bitcoins but it will also depend on which country you live and which site is good and friendly for you but if you have an option to buy it from localbitcoins then you can trust that site blindly and I am sure you will never get scammed.
Hackers were found everywhere. But as the above mate said localbitcoins is a secure place for making our trades. It gives the convenience of purchase depending upon our necessity and the transaction possibility. Also it helps with listing of traders quoting different price margin. Can buy the one we can afford. |
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Giving up gambling is quite easy, when you don't have any money left to gamble with, You will eventually stop gambling.
And if one day we had another money, we will come back to gamble again. It's not so easy to stop gambling especially when we already enjoy the game. Enjoyment is part of the gambling, money making is the major factor. If he realize that he cannot earn anymore he'll quit. But majority of the gamblers doesn't have such attitude, they focus more to retain back the losses. Few will be successful and rest loss it once again. |
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I exchanged for dollars. Waiting the bitcoin fall a bit more to reorder.
I'll hodl til 10k then I'll sodl, if we ever get there. My strategy is similar but in terms of time. I will hold till 2025 and then sell. I am betting that after we get over the next halving, Bitcoin will go to the moon. These minor fluctuations don't worry me. After the upcoming halving the price will go high, but only very few hold for such a long term focusing upon a good increase. Most of them try to gain profit in a short time period, so even minor fluctuations matter and only those fluctuations give profit unlike the price increase and decrease. Now it looks good price staying above$970. |
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Panic sellers who sold all their holding of bitcoin for fiat as well for altcoins would now think back and realize how potential is bitcoin. The price withstand without falling steep even on hard situations itself shows the trust it has gained than the Bitcoin Unlimited which as a temporary solution got existed.
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Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me. What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?
There's no guaranteed that once you invest in gambling you'll get profit unto it. As we all know as others always said gambling is a game of relax and entertainment only. There is guarantees to have profit on long term when investing, because the casino always make profit on long term, if they wouldn't, the casino would crash and nobody would like to be a casino owner/operator. Invest in gambling sites is different from gambling in gambling sites. The risk is still there, so investing in a gambling site might not profitable at all. Perhaps your goal should be long term so see if you have really profited but if you don't have much BTC and you are not for the long run then investing it in will not be a good idea for you. Maybe you can go for trading and not investing. For investing one can start with small amount and slowly they can increase their investment. But start should there and for starting no need to wait for huge money. Yes, all these are a risky investment and if you invest small amount your profit also small. But remember your risk also less with small investments. To reduce your losses, you can diversify your funds into few good casinos then in the longer run you will surely make profit. Anything investing are high risky, and anything suggest for investing with small amount it is just bullshit  . What's been quoted is unfair. Everyone who are successful through bitcoin earning made small investment which grew when years passed. Only very few number of users were early adopters, others through the high yielding trading platform with small investment hAbe now termed as a big traders. Investing is risk, but it can be overcome by finding the legit site and investing into iteven if the profit is less compared to Ponzi schemes. |
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It wouldnt overcome but it will hild a strong preferences in currency spending. People usually pay for btc with paypal at preev rate of 5-15% due to chargeback. Paypal is just having a really huge issue for the chargeback. Even the hard fork issue may came soon, yet i guess btc is still more realible to sent and receive as a payment
As a payment source it will be much preferred than PayPal by certain users whi completely use bitcoin for all their needs. Others prefer PayPal for its chargeback option which gives an additional trust on making any sort of transaction through them with a little increase in fee. |
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