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741  Economy / Economics / Re: Price stability on: August 06, 2015, 01:07:35 PM
Volatility will only get better with more user adoption and better coin distribution.

Exactly adoption will have direct impact on the price stability, as more users starts using bitcoins, it will attract higher prices and higher stability, or else the situation would be the same in the coming years, and we are looking forward for more price stability in the bitcoins.
742  Economy / Economics / Re: Is bitcoin dead? on: August 06, 2015, 01:04:37 PM

These jobs are not just related to bitcoin, but all type of altcoins and different crypto currency technology. There are so many projects being launched every month, its crazy to see that things are actually working out in the real world. I am also working with a bunch of people on a new business venture which will integrate bitcoins into our world and help make things easy, I think its a nice way to contribute my skills towards bitcoin, something I truly believe in.
yes exactly , well for me I just recently came back to the bitcoin world since 2012 and so many new cryptocurrency has been made , it really surprised me , it's really hard to keep track of their names .... that seems very nice , I kinda have the same idea as yours but in a smaller project for sure compared to you guys , looking forward into getting to know your business Smiley

Why did you leave the cryptocurrency/bitcoin world anyway? 3 years is a long time, things have definitely evolved and uprooted from their previous state. 500,000 people use bitcoins everyday Smiley My project idea is still in construction but I think that me and the people involved have learnt a lot about bitcoins and its time for us to contribute our time and skill into something we truly believe in Cheesy

Exactly, and we should also contribute our time skill and knowledge to the people around us who are not aware about the bitcoins, as making them aware would increase the customer base of the bitcoins and would be helpful in the future for the price stability.
743  Economy / Economics / Re: Why Bitcoin Could Be the Best Investment of the Century on: August 06, 2015, 01:02:19 PM
yes, I agree with you
maybe now, rates not so good
like as many time ago, btc will get high rates again

Yeah, the scenario will change in future as the adoption level goes high, and we never know what value it is going to hit in the future, The price would be more stable in the future as there is more adoption and will reach to a next level.
744  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: August 06, 2015, 12:59:03 PM
Probably the safest way will be to leave the 2 BTC you have and start working on the internet or get a real job and save money. With the money you have saved buy BTC. That is my opinion Smiley

Be safe, go with signature campaigns even if it takes time to turn your 2BTC to 4 BTC, it is worth to wait for, rather than going for gambling and loosing your hard earned coins on gambling, that would be the worst feeling, as history says no one wins everytime in gambling.
745  Economy / Economics / Re: How too get rich on: August 06, 2015, 12:55:38 PM
I know many men who have worked hard all their life and are now old, poor men.  
  
Working hard alone isn't good enough.  You must work smart.
And I know many people who worked hardly, now their sons/daughters have been a rich person. Sometimes people do hard work not to enrich their selves, but for ensuring the future of their kids.

Sometimes the shortcut is the best way to boost your chance to get rich be higher. It depends on what kind of shortcut you will do. And, actually people dont have any target for the amount they will reach. After they reach that amount, they will be greedy and raise the target every time.

If you mean cheating, scamming, etc in work and business as shortcut, then I think that yes one should never do that, it is against business ethics and you must respect rules and regulations. Honesty goes a long way, but I think manipulation could be a great tool if you are selling yourself or an idea. You must know how to be inside your investors mind or understand your customers' demand, and then provide your services in similar fashion Smiley
Yeah I will never recommend any shortcut way, since most of them isnt a positive thing. People who too lazy to work but want to be rich always seek any shortcut to get it.

yeah, but they would never be successful in the future, as working positively is the only way to be more successful, and if you get into shortcut it could not be a long term success, it would be only for short term, and everytime you cannot go away with shortcut.
746  Economy / Economics / Re: How to save money. on: August 06, 2015, 12:47:33 PM
How to save? Easy, don't spend it. All you need is a little discipline and cut back on the non essentials and its easy. You might find it hard at first but you'll soon get into it. I like to save as much as possible and of course I buy a little bit of coin as an investment too.

But there are basic expenses that you need to spend, and those are mandatory expenses that cannot be postponed to the next month, need to prepare an action plan there where to spend and how much to spend and review it weekly.
747  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 06, 2015, 12:43:29 PM
Its not the right time for me to quit my job, since bitcoin isnt too popular in my city, even in my country. I dont have any idea about what kind of full time job on bitcoin, which people here just do gambling, trading, programming, etc as their part-time job.

There are some people who I believe that are making money out of trading bitcoins. You know, the typical buy low sell high method still works like a charm for them
Well I think they are really lucky person who working in bitcoin trading, but I guess they also doing that in stocks market, so bitcoin trading become their part time job. cmiiw since I'm not an expert in trading and economy.

Trading is a good source of extra income if you have a regular job, then trading can be proved to be part time income, but depending totally on trading is not a good idea, So better to continue with a job and invest few time in trading to earn bitcoins quickly.
748  Economy / Economics / Re: Did Bitcoin Ruin Your Life, Or Help Your Life? on: August 06, 2015, 12:41:14 PM
Now that I think about it, even if bitcoin were to crash to $0.01, the knowledge I've gotten will have been worth it.

I think this is the most important lesson so far for me as well.. Got new insights in how the world works and how to become more secure online. (before bitcoin I never heard of 2fa for instance..)


Speaking in terms of additional benefits after knowing bitcoin, I learnt the importance of privacy. Then, I learnt how to maintain my privacy in this world and the tools which can assist me in maintaining that, then I learnt about so many opportunities which exist in the digital world. Then, I discovered world problems and people with potential to solve them, and I've made great friends here Smiley

Yes, even I did not know about vpn services until I got into bitcoin world. I discovered new ventures which once successful, will be such a bright addition on my resume. Once I am done gaining experience by working for others and growing a little more older, I have plans to begin my new ventures which I will be funding through btc Wink

Exactly, vpn services are something like blessing to us, I came to know about it only when I started working on bitcoins, and there are many other new things which I learnt and we will keep on learning everyday something new.
749  Economy / Micro Earnings / Re: how much can you make weekly? on: August 06, 2015, 12:38:44 PM

Of course they are, especially that some campaigns allow you to post in local boards and off topic. There are some spammers writing in Chinese and Russian as we speak and getting paid ~0.15 a month per account for it. Wink

As for making a living, it's hard to earn more than 0.1 BTC per week from a sig campaign, unless you're farming accounts and spamming with them 12 hours a day. Even if you were able to make 1BTC a month, which requires a lot of posting I doubt it's going to pay all your bills. In most countries you'd need about 2BTC a month to make a living.

There are very less campaigns which allow postings in local boars and off topics, people are paid significantly very less if they post in such boards.
There are many opportunities on different campaigns to earn much more than 0.1 btc per week from signature campaign, you don't need to spam, just login once or twice a day and give responses to people genuinely, the more significant and useful the post is, the better you are paid. As for paying bills with 2 btc, even 0.5 btc is good enough to pay so many bills, 2 are really sufficient.

There's not many of them, but some like bitstarz are even offering bonuses, so you can get up to 0.2 BTC a month even if all your posts are in local and off topic.
When I said 2 BTC I was referring to being able to make a living out of a sig campaign and turn it into a full time job. Of course 0.5 BTC can pay a lot of bills, but you still need a job to cover the rest.

Bit-x has been around much more than bitstarz and I like bit-x much more, than any other campaign. About being paid 2 btc a month, I think that approximate 600$ would not be so bad to earn as a side payment. One day when the value of bitcoin will multiply, then 2 btc might be worth more than 60,000$ but I don't think signature campaigns would give out positions so easily, only to the oldest members I assume.

The only reason campaigns pay people to post is because they end up advertising for the campaigns, and these advertisements make people curious and they open it. People are often welcomed into casino/online gambling and others offering electronic cryptocurrency wallets, while some are even advertising vpn services. As much as they want more people to be a part of their campaign, they would prefer providing those positions to people with expertise. That's the very reason newbies still don't get any campaigns Tongue

Yeah but there are many campaigns that are opened for newbies and full member accounts, but the payout is comparatively very low, if you want to earn descent amount of bitcoins from campaigns, atleast you must have senior member accounts.
750  Economy / Economics / Re: Is it better to save money or invest it? on: August 06, 2015, 12:34:49 PM
Best thing will be to combine both of them , saving and investing but you need some analysis to make the best decision.
analysis always say that investing is much far better than saving money.
At the current rate of inflation you will be burning your money by saving it at home or in the banks.

But saving money in Bitcoin is saving after all. Or savings are only if you hold the money in fiat? Does holding money in Gold and or Bitcoin become an investment or is considered saving? This is actually a good question. For me saving is storing money and holding it whatever the form of money, so fiat, metals, bitcoin, it's all different types of money and buying and holding is basically saving.

holding bitcoin is saving and also an investment. you get best of both in one package. but for most people just holding bitcoin is too boring so they look out to find ways to invest their coins into something risky to get high rewards.

Yeah I have seen many people who don't have patience, even if they have 1 BTC in their wallet, they would not keep it safe for the future, rather they would experiment with it to make it double in a quick time generally in gambling and at the end loose everything.
751  Economy / Economics / Re: What do you guess about he future of bitcoin? on: July 29, 2015, 11:39:00 PM
I guess in the future bitcoun will be priceless, maybe not priceless but the rate is going down
Why is going down, give us your reason why price bitcoin will be down ?
we need more optimistic people about bitcoin and always think positive about bitcoin.
you guys if you believe someday bitcoin would be worthless you should go out here,
I stay because i believe in bitcoin that someday bitcoin would be skyrocket

Optimistic plus the people who starts adopting bitcoin as a currency, even half of the population starts using bitcoin then nobody can stop bitcoin in getting to mainstream that is for sure, and that is only possible if we spread the awareness level among the people around us.
752  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: July 29, 2015, 11:36:30 PM
Bitcoin is more risky then gold
so that I'd say long term investation for gold, and short term for btc.
But if in two years bitcoin is widespread, it would probably be the opposite.

Yes and if you look at the current prices then the value of gold is going down, as the demand is less in the market, but still I would choose gold as it is more trustworthy as compared to the bitcoins, and the prices of gold will go higher in the coming period of time.
753  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: July 29, 2015, 11:33:36 PM
You can start giving out loans and charge 10-20% interest with collateral to people, even on these forums. That's a nice way to make some profit!

That can be one way to double your bitcoins.

I prefer Gambling, Gambling and Gambling, as I want to double it in a quick way, I would prefer to take a risk and even if I loose doesn't matter as I know that the day luck favors me, I can make it double or triple in a single day.
754  Economy / Economics / Re: Did Bitcoin Ruin Your Life, Or Help Your Life? on: July 29, 2015, 11:30:21 PM
Bitcoin really helped me a lot. Bitcoin is my only source of extra income in the cyber world and because of bitcoin , I had my first android phone and bought some personal stuffs.
Bitcoin is love. Bitcoin is life.

This is probably the only thing that matters to about 90% of the people here.

Bitcoin is the only viable option for a broke person to have money in their pocket to earn esp being on the forum, even its a little bit that helps to pay an extra phone bill or something.

Exactly, it is an extra source of income which takes care of our day to day expenses, your daily stuff and that is the best thing that we can pay off by earning bitcoins and the salary is intact which we can save or invest for the future assignments, so bitcoin is definitely being helpful.
755  Economy / Economics / Re: Banks Suck on: July 29, 2015, 11:27:34 PM
Yup bank sucks.
I went to a local bank to open a new savings account.
It's so much time consuming to open just a single account.
But with bitcoin, you download a 20mb wallet and you are presented with around 15 to 20 account.

The time taken is because of government regulations, not the bank's inefficiency.
Wait till the government starts regulating bitcoin.  Smiley

We really don't know that day would either come or not that governments starts regulating bitcoins, its still a long way to go when government will come in support of bitcoins and yes banking sucks but there is no other option for the people who are not into bitcoins.
756  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: July 29, 2015, 11:24:43 PM
Perhaps it could replace all currencies, but since USD is the world reserve, BTC replacing USD is about as far as anyone could dream it would go. but only the future can tell

It is simply impossible that bitcoin can replace any major currency of the world, and that replacing USD is something like watching a dream with open eyes, bitcoin can never be a primary currency and it would be secondary currency for sure no matter what value it is holding.
757  Economy / Economics / Re: Government & Bitcoin on: July 29, 2015, 11:22:12 PM
hmm....in this growing world bitcoin would be uses to pay taxes..Huh?

most likely it will be taxed to death if governments start to accept it(in the sense to regulate it) more like IRS is doing in the USA

we are lucky that there is not one governments only in this world, at elast we are not 100% centralized, so one can go abroad to trade his bitcoin, where there is no restrictions
They have a news that bitcoin is dead, maybe the answer to their question is , if the government put a tax on every single transaction of bitcoin, because more users will be outweigh if one of the government that already accept bitcoin put a tax in bitcoin.

If bitcoin gets legal in country, then government would surely impose a tax on it, as it would be a source of income for them, so if they come in support of bitcoin, then they would definitely collect taxes from the citizens and it would not be a profitable for the users of bitcoins.
758  Economy / Micro Earnings / Re: how much can you make weekly? on: July 29, 2015, 11:18:41 PM
I'm very confused..
I'm new in bitcoin and I think signature campaign for newbie is hard..
Any advice beside faucets? Should I be patience for 100 days(get full member) by only posting&doing faucets.. Or I should try new way beside signature campaign and faucets?

I think you should go for senior member accounts which pay higher rates as compared to newbie or full member account, and again you need to wait for the right signature campaign who pays a good amount of btc and also need to take care that its an genuine campaign.
759  Economy / Economics / Re: Bitcoin as a Retirement Account on: July 29, 2015, 11:15:06 PM
Locking funds till you reach the retirement age. That's risky and safe at the same time. Why would anyone want to to lock the funds , if he/ she cannot use it in the times of need. But yeah in a way , a future planning is happening.

But that's exactly what pretty much what everyone does as a retirement account or with their pension for example. People save because they need to as when they retire they wont have any money otherwise. Sure, keeping your money in bitcoin is risky but so is keeping it in a pension or in your bank in some cases. I think putting some money into bitcoin could pay dividends by the time you retire but nothing is guarnteed.

Nothing is guaranteed that is for sure But having bitcoin as a retirement account is an good idea as you can withdraw your bitcoins whenever you need. I think it is better then the pension plans or fixed deposits where you have locking period and you cannot withdraw unless it gets matured and if you withdraw when it is pre-mature then banks charges heavily on it.

Having bitcoin as a retirement is good if you hold much of bitcoin, with a low bitcoin I dont think this is a good idea. There is too many things that need to be implemented in bitcoin and all of this need mass adoption. Although you got bitcoin but there are no adoption, this will just stay the same and bitcoin will go nowhere

ya that's true. If you have it as an retirement account that totally depends on the number of bitcoins you hold. If you have good number of bitcoins then your retirement period would be wealthy and rich and you don't have to depend on any other investment products.
bitcoin as a Retirement Account  Would definitely  Certain risk is involved as we don't know what's the future of Bitcoin but still I am sure that bitcoin will going up.

Risk is involved in each and every investment you make, whether gold, stocks, or bitcoins but as bitcoin is highly volatile it can give us the best returns in the future, again nothing is sure but if we are lucky its volatility works in the positive way then it can make us rich.
760  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: July 29, 2015, 11:11:11 PM
I am waiting too guys, and i wish when i buy at 100$ per btc the price after that to be increased to 350$

That day would never come, be practical, just think about the investors who invested when the prices were too high, they are already in loss at a moment, and they want that prices to reach to a next level, as a investor even I believe that prices should go higher and not lower.
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