try and read the sticked topics on top of each board of the forum to learn the rules and the general information you need to know. there are all the boards that you need here and a dedicated board on mining which you can ask your questions there. |
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I use BTC for gambling and shopping because is very easy to pay and your transactions are 100% anonymous but I think BTC are the best method to save your money atm with gold. In fact if prediction are correct, in the next 2 years we'll have a increase in our small heritage. Not bad to get 200/500% of what you have invested  i agree. gold is a good investment besides bitcoin. i started investing in gold recently and i am happy with my investment, because it is a good investment with lowest risks of losing. and i try to increase my bitcin investment because it has the bigger profitability. |
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I'm of the view Bitcoin is still in its infancy and is comparable to the internet in 90s . I'm confident we're gonna see an explosion in interest AND price before 2016
hodl hodl hodl you can't go wrong, , if things around BTC goes wrong ,you will have a wallet containing a bit of history of the Internet  it is better not to invest, and have faith in anything blindly. i mean if you want to buy some bitcoin (just a small amount) and hold just to be involved. or you want to have some fun, it is ok. but if you want to invest some money in bitcoin, if things go wrong (not saying it would but) you are going to lose serious money. |
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since the price took a dive for the worse, i can see that bitcoin usage between people i know has been decreased. i hope the price continues this upward trend and the price goes up so that they come back to bitcoin.
That is true with current price fall down in bitcoins has led many of them to stay away from bitcoins. As if they are loosing their trust in bitcoin So at present they are not using bitcoins as they used to use it in the past, But I am sure that they will start using once again when the prices goes up. Many people just based their willingness to bitcoins because of price. Well this is the reality. Majority of those are who doesn't have an idea in market world . Me , I don't have idea about market but at least I know that one currency can be up or down. i think it is mostly because of the price history of bitcoin. back when the price was going up everybody was so interested because they saw a huge profit waiting for them in bitcoin. and they weren't completely wrong. but when it started to go down, a lot of people still believed that bitcoin (real) price is $10K and thought that they should enter now and bought at high prices just to see the price drop. now that the price is at a low level and looking at the history it has just gone down, they find it hard to invest anymore. i think if we can see another movement in price, then there is going to be a huge wave of new investments in bitcoin. |
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it is a long way from today but when all the bitcoin have been mined which means that block rewards become so small, then i guess there will be two scenarios:
1) bitcoin price is at a stage that it makes mining profitable or mining becomes so cheep that it doesn't matter and doesn't cost anything. then bitcoin will continue the way it is
2) the only way i can see that bitcoin can survive is that the fees are increased.
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bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...
Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future. Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their disadvantages is there are many bad mouth talking about bitcoin That is the reason why bitcoin is getting unpopular because of the some negative publicity and negative news spread by the media and government related to bitcoins and that is the reason people don't find it trustworthy and have a feeling that it is an risky investment to make. yeah sadly there always are a lot of negative news about bitcoin. and a lot of FUD being spread. like for example the recent MasterCard talking negative about bitcoin and attacking it. all these bad news are going to create a negative mentality towards bitcoin for people who are not using it. |
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i have started using bitcoin about 2 years now. a friend of mine introduced me to bitcoin and i find it interesting at first. and as i read more about bitcoin and its usages and how it works i liked it more. now i buy and hold and do some trading on the side.
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you can do whatever you want with your paper wallet. it is the same as any other bitcoin wallet with an address and a private key. but whenever you use your private key you risk your address.
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i think right now the best way is to just keep them in cold storage to profit later on from the price rise.
but now you can work on your trading skills (as you say you have done before), you can improve yourself and eventually start earning more and more.
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isn't very possible with signature campaign? you can earn much more than 1 btc per year, we can earn 1 btc per month with signature, if you post a lot, and are very active, and i don't think there is any better earning than that for the moment, and without any risk
yes i think currently if you want to earn bitcoin joining a signature campaign has the lowest risk with mediocre rewards. but if you want more you have to take risks and work harder. for example trading is a nice way of earning bitcoin but has higher risks, but you can earn much more. |
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i would sell my coins if the price goes past $500. buy mainly it depends on the market status for me. if i find out that it look good and promising i would definitely hold my coins for better profit otherwise sell at least a portion and keep the rest for later.
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What do you expect from the halving next year regarding price development of Bitcoin?
Currently, the price is very stable although there are created around 3k new Bitcoins every day. In my opinion, the price stability results by a constantly increase of demand. When the supply will be halved in 2016, the price should be grow linear if the current demand stays the same.
What do you think?
The obvious common sense thing to think when demand is same as now but the supply has halved, the price should go up, so buy your bitcoins now and hold until the halvening while it seems obvious, i think you can not tell for sure that the market supply will be decreased just beacuse the block reward (new coins created) will be decreased. i mean there are many whales with big stashes and also all those big miners have a lot of coins stashed away, they can start dumping which can cause a lot of pressure on price. |
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it looks like that this time the price rise is going to stay up and don't go back down again. it definitely is not a dead cat bounce. it naturally went back down a little bit but it is still near $250
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very simple....... sell @ high price & buy @ low price .....
Ex:
You have 2 BTC
sell it @ $240 ,,, so you made $480
buy @ $230 ,,, so you bought 2.08695652 BTC
so, your grow about 0.09 BTC
better yet. You have 2 BTC buy shitcoin @ 1000 satoshi sell @ 5000 satoshi --> now you have 10 BTC Lend you Bitcoins out on Finex or OKCoin.
The risk is that the exchange gets hacked or goes bust.
what if the person who you lend to runs away? what prevents that? |
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last nite i recomended two my friend for use bitcoin and take some profit for it and guess what? they dont interested i dont know what happened even i've been showed my income from bitcoin (traading) they still dont interested maybe my knowledge about bitcoin is less to convinced them or they scared for using bitcoin  wow. your friend really sucks. i did the same thing with one of my friends. i showed him the benefits of using bitcoin and also how he can earn some bitcoin with different methods like trading. now he is using bitcoin and we are doing some altcoin trading side by side which is really awesome. |
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since you are saying that you can afford to lose it, i say put it in bitcoin. but if you are getting profit from your stocks(savings) at the moment i say you don't take all your money out of it and leave some be that way.
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the time to cash out your bitcoins is way past. if you really wanted to cash out of bitcoin you had to do this when the price was on the roof around $1000.
now that you have waited this long, you have to keep waiting. because many people believe that this is the low price for bitcoin and things will start to get better and price will rise again,
i agree. best thing is to wait. but for a lot people waiting/holding isn't easy. especially if they missed a great cashout opportunity. that is why you have to make up your mind and do your researches and thinkings before investing your money in anything. this means that you have to decide whether you want to invest long term or short term and do trading for profit. and specially decide when to buy and when to sell. and not just wait for miracles. |
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It's fairly easy to earn 270.000 satoshi /day and that is only required to be able to earn 1 BTC/YEAR
If you can manage 270k sat/day you will have 1 BTC/YEAR. Simple.
the thing is you have to remember 270K satoshi is nearly equals to $0.6 and making $0.6 every day is ridiculously low amount. you can earn 10 times more than that by doing any kind of simple jobs that even teenagers can do. |
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Gambling is very risky thing but with adequate research and strict money management, you can get consistent profit. I don't really advice gambling to be taken as a way to earn bitcoin
It's have high risk for people who don't have a skill(luck) maybe the op have a better lucky than us.. so he got up to 0.1 from gambling a week. winning with gambling has nothing to do with skills, it is only luck and luck will run out and that is the time that you start losing big time. when talking about earning money i think it is better to stick to lower risk and skill based activities instead of luck/ |
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i think it can depend on the payment size. for example if it is only 1-2 dollars it is ok to accept it without any waiting and just knowing that it was sent to you.but for bigger purchases i think you have to wait for at least one confirmation to be sure.
also you might be able to use off-chain wallets like coinbase or xapo since they are not using blockchain to confirm it is done right away so you dont have to wait.
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