What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
1. Questions are in general category and open ended. This makes it difficult to get to the point answer. 2. There is no duration(timespan) mentioned for making more money. 3. Every businessperson will have different approach (traditional business have complete different approach than those in software business). 4. For expanding business one needs to keep on studying the market very closely. 5. Try to increase interaction with big business people and how they are expanding business. 6. Real life example : A tobacco product businessmen started some chewing product. Which became huge hit. then business ventured into packaging business then in real estate then grocery business then education(management school, engineering, medical and so on) then packaged drinking water. 7. Another businessmen also followed similar path and got into similar arena as above one. 8. You could see that business person kept diversifying his portfolio. 9. Another example: a confectionery and sweet-mart shop owner has one hit product. Other product were/are average. His business heavily depended on dairy product as raw material, so this business started his own dairy business(small scale initially). After this a separate division of dairy product was soon launched. In business, make sure root business is rock solid once that is done . Then diversification is the key to make more money quickly. This is not something everybody able to do successfully. Many make quick money via lending as well. However it is different ball game. And should not be discussed here. |
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For me its 30-40%, because as you can see now some people are now aware by using this Bitcoin, they're having a knowledge about this business, and in the year 2020 it will be double because if were earning by this bitcoin were proud to say to other people then they will be curious about this and how it works and most especially how it will make money.
That's too high, very much opitmistic... Even if the number of bitcoin user increases by double by the year 2020, we will not reach a 30 - 40% of the people of the world to use bitcoin by 2020... We can't set aside the fact that not everyone that uses bitcoin stays with it, some are sometimes living... But it's good if we are plenty by 2020, that way we won't be seeing a big swing in price...  I think it can be possible if bitcoin will be added in some schools to discuss.. and if the bitcoin can be also accepted locally and be legal before end of 2020.. But for now there still no assurance that we can hit 40% or even 30% population of the earth are increasing and i think the possible percentage that we can hit is 20% to 25% this is i think can be reach.. depends on adoption.. since many payment methods are releasing and many cashless are using right now so many competitors so it is hard to touch to 30% estimation how many people are own bitcoin in 2020. That means legalizing bitcoin and regulating it already when we see it being one of the computer subjects being offered in schools...That's not going to be good, someone will be controlling the use of it, we won't be experiencing too much freedom in using bitcoin by that time... there is a possibility that when it is legal, there will be a law being passed by a certain government that accepts it as legal and citing some rules in using it, including the identity of the users, and recording will not only be done in blockchain but also by the establishment that is used for cashing it in and out... Any Government trying to impose restrictions on bitcoin would be bit troublesome. Either they could accept it or deny it. Controlling it would be different ball game specifically if country who are against anonymity. |
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For now its impossible for me to earn 0.1 btc per week.Even if i double my time still it's not enough.I just have to put hardwork on my signature campaign,or maybe i should exert more effort to double up my income.Anytime soon, i can have that 0.1 btc per week, i hope so.
there are no secret to have a success in short time, and this would be include with the OP question. its hard to earn 0.1 btc per week if you don't have many business that will paid you in btc. maybe you can get that amount with trading but you need to have more money to earn that amount and you should have a good experience from trading. To earn 0.1 btc per week trading is the best way but you need to have some skills like market knowledge,reading chart and most important is experience.But we cant assure you that you will be able to earn 0.1 btc per week.For fast income,another method is gambling.But it depends on your luck and its more riskier than trading.And also it can make you empty hand.So,there is many ways to earn btc but you should decide which way is best for you. Question has been answered more or less with either gambling or trading. In both situation you would require dash of luck and more experience. I checked some fraud bitcoin cloud mining companies are offering return of 10% per month. If you do the math for return of 0.1 bitcoin invest that much in those.  On serious note if there was legit and easy (read passive ) way to earn 0.1 btc per week then I dont think price of bitcoin would have fluctuated that much. |
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I just had to simplify my answer, it is good that you must invest your money.For some reasons,you can have your money be doubled in due time.But we must see to it also that you invest it with your knowledge and understanding on what your taking up too.You work hard to earned,then for me the best way is to invest it to be used in the near future.
That's what OP should be doing with his $200 worth of bitcoin, he should maximize the use of it to earn more out of it. Most of the time the easiest is investing it in investment program, which is sometimes good, but most of the time turn wrong when the program starts to rob you. OP could try trading too, it's a little less risky compared to investing it, but, the earning there is a bit smaller since you can't predict the right timing all the time in when to buy and sell your stocks. The more you risk with trading the more you can theoretically earn. The earning there is not smaller because you can't predict the right timing, it can only be smaller if you invest in it a small amount. Keep in mind of course that you are not guaranteed to profit from trading, you should know what you are doing. Trading is taking risk on your own. Profit or loss, you'll be the responsible. Yes, it takes knowledge, ability to make right decision, dash of luck. Knowledge and ability to make decision comes with time and more n more practise ( in short, experience). Investing is handing over someone else who would risk it for you. Here finding right investment-manager is task. Verifying claims from investment firm/manager are correct or not. Here again profit is a variable (like those cute notification put in small letter "all claims about profit depends on market and are not definitive"). If person has some orientation towards trading then over the period of time trading could earn descent returns. On the other hand if there is no orientation towards the trading then either find right investment-firm/manager or simply hold bitcoin for long. |
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well you can't and it is a pretty hard thing to do. what important thing you have to know is that unless the pools are announcing they mined that block or they mine to a known bitcoin address, there is no way of knowing which pool/farm mined which block. considering that, when you click on the link like this: https://blockchain.info/blocks/BTC.com you see the blocks they (supposedly) have mined, then clicking on each block hash you can see the timestamp of each block, add up the reward+fees and that is how much each of them earned in the time-frame you have in mind. example: https://blockchain.info/block/0000000000000000032adcc90c8f7b24d12a0ef83d12093b0a21a543d2986551 found by BTC.com has 2017-01-16 14:19:46 as timestamp reward: 12.5 + 0.69552371 now go back to timestamp bigger than or equal to 2017-01-15 14:19:46 for last 24 hour this( https://blockchain.info/address/3NA8hsjfdgVkmmVS9moHmkZsVCoLxUkvvv) seems to be the address they mine to, you can use things like this to add up how much each pool is mining too. you can also write a quick code to get the raw block information then add up the reward + fee based on the timestamp in the raw block Thank you BrewMaster for explanation. I checked the each block and noticed that reward for each block is 12.5 thus if someone is mining in private pool and found 10 blocks then for that day total return would be 125 bitcoins + 0.69552371 * 10) = 131.9552371 per day If in owner of private pool allows other miners to mine then how much pool owner earn? Most miners embed their names in the blocks. That's the only information there is to go on; however, miners aren't required to do that and there is no guarantee that they are being truthful.
Thank you odolvlobo for further details. |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Maybe it is possible to reach bitcoin in $50K, though he needs to exercise and eat healthy foods for him to witness the bitcoin reach $50K LOL. On the other side, bitcoin would be really impossible to reach that amount of price per bitcoin, $50K is really unreachable. I think the chance of bitcoin on going that high is 0.000001 percent. I'm not being pessimistic about this, but it is really hard to happen. Hard to happen but, the possibility of aiming to happen this $50k per bitcoin is there even the chance is less than 1, but then let us ask how old is the OP at the moment to wait until the $50k will be reach. As long as the volume of the user of bitcoin is increasing for sure reaching this unbelievable value is possible. Why stop at $50k only? There some people are already claiming bitcoin price will be at 1 million or more than that. You could find list of these claims and their logic at : https://www.youtube.com/results?search_query=bitcoin+millionThere is fine line between thinking and wishful thinking. A point to understand here in Bitcoin pricing is, lot of 'if and then' are involved in reaching bitcoin to a million $ mark. Reasons like: - If all business around the world starts accepting bitcoin then prices will sky rocket. - If More n more people starts using bitcoin then bitcoin price will sky rocket - If more n more demand for bitcoin is observed then if few years first point be applied and bitcoin be hit. - If sky fell on earth then also bitcoin prices will touch the sky - and what not Without being pessimistic, is todays bitcoin market or adaption fairly distributed around the world? or is it centered around some part of world? How governments and big Banks are going to react when things get serious for them? What would be the impact if any new improved currency gets traction and keeps its momentum? These are some point which may or may apply equally. These are my two cents on bitcoin prices touching moon or the Sun or moon from next Galaxy. |
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If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.
Even it will not fell under 100 or whether it goes up. It does really matter for all of us because it depends on how many bitcoins you are holding and how much bitcoin do you earn with your source of income. If you are concerned on how people utilize bitcoin, well most of us do really care for the price of bitcoin because most of us think about profit. Of course the price of the bitcoin matters, if the price of the bitcoin is high that will bring more people to use and that is a good thing for us because more people using bitcoin the more investors invest in it and the more we could use it in our daily needs like shopping from the supermarket or eating in a restaurant. And of course the most important thing for holders, the price is the important matter in bitcoin. As the price is going to keep on pumping, the profit will pump also. Whether the price will go down a lot of holders will just simply take the advantage to buy a lot of it,but most of us wants to see the price of bitcoin on its highest peak. Everyone who is holding bitcoin is because holder believes that in near future(5 years or 10 years or 15 years) bitcoin will at some mind boggling value(million/zillion dollars). It is understandable that if person is holding bitcoin for 10year plan then price fluctuation before than wont matter much. However who is holding bitcoin for shorter term gain then day today price of bitcoin will matter a lot. Without any disrespect to anyone, putting devolution in bitcoin doesn't make much sense. Overall it is a digital currency software/technology with great philosophy. Any economical decision should be objective and not subjective. Point here, if there was no scope is price gain in bitcoin value then no matter how great project it is, nobody would have invested in it. People have invested in bitcoin because they are able to see the potential in bitcoin which will allow them to make great profit. |
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I understand that established exchanges like Zebpay, Unocoin, Coinsecure or BTCxIndia are having multiple current accounts with different banks. But, which banks are they specifically using?
Any of specified bank their customer prefers to use. If customer prefers HDFC then HDFC or if AXIS then axis. As far as exchanges (like coinsecure or btcxindia) are concerned then mainly buyers set preference for bank. If you mean what bank these exchanges prefer to purchase bitcoin then it is better to contact them directly. |
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Bitcoin use as currency is very less in India. Hardly any company accepting bitcoin. Currently bitcoin is in the introduction phase in India. And it is being introduced as investment tool/commodity thus focus of many is to purchase and keep it. Overall awareness is slowly increasing mainly because 1000$ mark.
Many coming in with herd mentality thanks to the media coverage, while other getting introduced via some cloud mining scam.
Most of bitcoin users I know are purchase and keep them for long time (till it hits some million/zillion dollar mark).
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Of course this is the very thing I was waiting, when many issues concerning fiat money, of course, must find the best way to handle it. And for the current, bitcoin is the best solution for it. So, I very much agree if bitcoin be legal currency.
Me too. if bitcoin being legal currency, so many online business will grow faster if bitcoin payment system is implemented in it. Online business usualy use paypal or money broker that really difficult and make the customer confuse. Bitcoin will make the transaction more practicaly. I am sure that the business is to be a positive change. But there are drawbacks - Bitcoin lose anonymity. And the government will require payment of taxes My two cents: Correct, one of biggest advantage of bitcoin is anonymity which any government would not like at all. Second factor is difficulty for Govt in controlling Bitcoin value. Look at china or Venezuela or India situation, china attempted to devalue their own currency to remain top on market. Without bitcoin this move would have affected all china. However with option of bitcoin, many from china moved their fiat currency in bitcoin tried to mitigate loss. This got bitcoin in bad book of govt. On similar note any govt who wish to control complete economy would oppose to the currency which they can not regulate. Some countries would accept bitcoin some may not. For bitcoin it is important to remain decentralized and open-source. |
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One of Qtum’s growth strategies is the mobile telecommunications market. There is a vast amount of consumers that may not be aware of digital currencies, but could be introduced to Qtum by means of a viral marketing campaign. This does not mean that the average user isn’t accustomed to paying with their mobile devices. In China, Wechat leverages their userbase of over half a billion people, to make payments for everyday goods and services. Just like Apple Pay, they make a quick scan with their device at the point of sale, and the money is deducted from their account. We plan to build Quantum applications that integrate into the popular messaging platforms like: Wechat, WhatsApp, Viber, and so forth. We call this the Qtum “Go Mobile” strategy.
Though mobile market has big space to be filled up that does not mean you overlook existing marketspace. There must be some brainstorming behind focusing on the mobile market, which we are not aware of. There are lot of users who don't want their mobiles to be part of coin payments. Who would buy digital currencies and store them safe with paper wallet or hardware wallet. Hope you could think this part as well. Best of luck for your project. |
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KYC completion duration:
Zebpay : 2 days maximum
coinsecure: 5 to 6 days minimum, maximum (no guarantee unless one keeps
Support:
Both zebpay and coinsecure are really quick to respond on email. Especially coinsecure response are faster.
Zebpay has way better interface when it comes to the support related issues. You know what is current status of ticket.
customer Interface:
coinsecure: clicking on "Chat with us" window opens email contact and NOT a chat program. document upload section has serious issue in doing it's intended task.
bitcoin price premium:
coinsecure has better price options than zebpay: zebpay has it's own reason for higher buy rate though. For end user low buy rate is the end goal.
Yes you are right ideally CS should remove that box of Chat with us and just keep as an email and phone no for contact purpose. Another thing for zebpay as a customer if you want to buy their rate is always high and some time thier price difference between buy/sell is too vary to even imagine. Will do something about the chat box. It has a chat support function, but not got it manned at the moment, so all chats go through mail. With volumes picking up, we focussing a lot more on support now. Watch out for Version 2 of Coinsecure, coming very soon. Should kick ass and chew gum for sure. Lots of fixes and upgrades with the KYC upload piece, etc. At the moment, is very strict and rejects a lot of formats, etc.. Doing something a lot smoother. Would love to add teeny features that go a long way. Feel free to suggest. Good, will wait for that. For KYC piece, if you could modify interface a bit so that one could know what is being expected to upload. Currently the window for uploading is just below the PAN card section. It is bit confusing to know from where to upload the rest of document. |
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Earning from online advertising such as youtube and other video streaming sites, blogs are kind of passive income source, where you do work once and it keeps earning income via advertising (of course quality of content matters).
Yes this is a sure passive income especially if you are a video maker and it manages to got thousands of views monthly or possible when it got viral it can go to millions. Passive money will be just credited to you and once your videos are already on the trend you need to take the advantage and keep on making videos again and again. Many of the people are trying to earn through youtube videos but most of the people are not successful. I could say bitcoin related works like altcoin creation or bitcoin signature designing or web designing will provide the more income without the luck and you get the income only by your skills. What you said is correct out of 10 only 2 or 3 can earn through passive income like video making and referral activity balance 7 persons have to work to earn and for that if you have signature designing , web designing, logo designing like this their are lot of skill work if you know then you can earn good. many people who earn passive income by using youtube. Well, to make a simple video can make us a lot of money. but, you just need to really take advantage of social media to try to share a video that you made, that has a lot of spectators. it will make you earn quite a lot. Essentially, do not ever give up to make it to be amazing. Just like what they have said, very few are becoming successful with it. I admire those people that are earning millions of bucks monthly and attracts a lot of viewers to their channel. If you just know pewdiepie he is earning a lot with it. He did made his passion of making videos into a hardly earning videos. i have a friend here in my area he is a website developer and is also hiring hosting for people. he is really making good passive profit from advertisement and from face book also. earning from these websites is higher but for that you will require a hard struggle to bring huge traffic to your websites for that you will have to work more than what we do for active income and after that we can consider it as passive income when there will be enough traffic that we ourself will not require to promote it further. the most important for website is traffic, the bigger traffic we can get then we have a good chance to get more buyer and its mean we can sell our product to more customer. if the website is getting big traffic without doing any promotion and the website can selling the product without having stop, then i think the owner is getting passive income from month by month. For getting traffic without promotion then website needs something unique and non-obvious type of service. It could be information specific to your field which you have better knowledge than other. Novelty websites do not help much. Passive income is also applies to the offline business opportunities as well. Again it depends situation of person to person. |
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perhaps now is a moment where your beliefs about bitcoin in the test. bitcoin prices down very quickly. for people who strongly believe in bitcoin, it's not going to panic, and still hold bitcoin they have, because they know that the price of bitcoin will rise again. Well, today has been a lot of selling bitcoin they have, and I do not think to sell bitcoin I have for now.
people who believe in bitcoin, they certainly would not panic when bitcoin prices fall, because they believe that prices will definitely go up as usual. and they think that this is the usual fluctuations Well, we do not just believe in a thing that we do not have a knowledge. What I'm trying to say is that, if the price falls, we have to investigate the main reason why such happen and if we feel it's not that serious then we simply have to gain opportunity on the situation, buy cheap bitcoins as certainly it will rise as we have witness most of the time. Exactly, you are very optimistic with such situations. Everyone should have that way of thinking because when bitcoins suddenly falls many newbies out there tend to think that it will be the end of their bitcoin career. But they don't know that it is just a normal thing with bitcoin because of its decentralization chances of falling its price after a pump is just normal, so nothing to worry about let's just keep on believing with it. Bitcoin falls and rise, it's normal. Definitely you people have seen many times bitcoin is falling and where we are now? Aren't we still standing strong? For sure, if you will just strengthen you belief you can survive the crisis and you grow your investment as bitcoin grows. For those people who had experience already with ups and downs of bitcoin, this type of situations are just going to be a normal ones for us. But still the worry of those new comers to bitcoin will just do the same as we pass through with it. So for those people that are new with bitcoin and saw the price to reach $1k. Just wait again folks it will reach it again to that price. Yes, that is quite correct. If thread starter had invested 10k in the bitcoin in 2015, that investment would have returned hefty profit for sure. Even though the price has slumped from $1000 still current value is more than double of what it was in 2015. Some people who enter in the bitcoin world are entering with some wishful thinking. This kind of thinking is obvious and has been observed in many other fields like people who don't have any idea in stock market putting their money in stock market because market is bullish, everyone keeps thinking it will remain same. Another example would be housing market, one of biggest bubble burst observed in America. |
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Hello guys, I'm from India too. How much can be made out of these signature campaigns?  Any idea anyone? It depends on your rank and payment per post decided by the campaigner. Price per post varies greatly per campaign. It is fairly easy to calculate how much a member can earn via signature campaigns. All you need to do is check the upper limits of post allowed per day or maximum posts allowed per week and multiply that will payment per post applicable to your rank. It is important to understand rules of signature campaigns. They require quality posts and due to previous experience of spam creation with signature campaign, creative and constructive posts are expected. One lines are not allowed/considered. Users with negative trust are not allowed. Any user not following the guidelines might get removed from campaign without any notice. Check the services section for more and more offers. Again check the rules/guidelines very carefully. PS: It is interesting that you signature shows that you might be already part of one of these campaigns. |
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I would like to join this campaign. Bitcointalk Name: lordquanta profile Link: https://bitcointalk.org/index.php?action=profile;u=925500Current Rank: jr. member Starting post: 33 Bitcoin address: 1AeivF9LmphsczJqY3H9tpAQKSAD8qKn2A I would change the signature n avtar after acceptance. Thank you! |
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How many times people need to read that bitcoin wont be replacing anything, neither currencie neither some companies that offers money services like paypal and Wester Union. Bitcoin its just an option to the current fiat system. Fiat is the main way that transactions are made nowadays, even being digital, its used anywhere and accepted anywhere, but people are learning faster about technology, and we must advance to the futurem, that should become digital.
So why some people choose bitcoin. You said that bitcoin is just an option to the current fiat system, so why they choose bitcoin? Not fiat. The answer is really simple, bitcoin can do what fiat can't. Bitcoin can be used for world wide transaction only in few minute, but fiat can't. Why they not use fiat directly? Because fiat didn't have many advantage. I think fiat is bad to be a currency, probably gold or bitcoin will replace it in the future. Gold or bitcoin will not replace fiat, and until whenever I think Fiat will continue to be used. Bitcoin would in the future be used as an alternative concurrently with fiat, so both will remain in use. Besides the main purpose of the creation of Bitcoin is not to replace fiat, but as an alternative mechanism of transaction value is cheap, fast and secure. Fiat is one of the identity of a country's economy so it's impossible to replace and removes fiat. Actually Fiat can do what Bitcoin can also do. Even the value of Bitcoin is based in Fiat from Dollar to Euro. Credit Card bills are paid in cash and what you use in Paypal is loaded by Fiat. People don't worry Fiat will stay longer than Bitcoin believe me as long as there is a government there will be Fiat currency. Fiat currency will be there as long as Bankings and is there. Big banks control economy to much greater extent. Paypal or credit card have their own pros and cons. Credit Cards and paypal are backed up by Banks which has helped gain them widespread popularity (for Cr cards strong marketing has helped to gain acceptance). i don't have to explain advantages of proven digital currency like bitcoin, there are lot of things in bitcoin which are beyond fiat currency. Like chinese govt devaluation affected overall wealth of chinese people. same wont happen with bitcoin as no govt can change it's value. Bitcoin will not replace fiat at all at any give stage. However it has all ability to become strong global currency. |
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China can't control the bitcoin, period. lol
yes i also think so that China cannot control bitcoin. actually bitcoin is a universal decentralize currency and no one can control it. because it is difficult for a single person or a group of persons even for a state to control bitcoin. hope that bitcoin will continue its free state for ever. certainly control it will not be done by one person alone, but you can see many bitcoin users from china, they are mostly bitcoin miner? and most bitcoin users are from china ? Correct, somehow people from China were/are actively involved in bitcoin mining and trading as well. Till date biggest chunk of bitcoin Market is traded there. Thus it is understandable that ripples from these Chinese exchanges felt all over world. Somehow in bitcoin world chinese market has become parallel to the status of US dollar in regards with ability to affect rest of world. |
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