You can gain it on all kind of methods but one of the best methods is just by doing by trading or providing a service like more people are doing here.
I agree with you trading will make increasing amount our bitcoins of course with use method that can give profit consistently although it will not be easy but for increase values of bitcoins, it is just hold the bitcoins for long time will increasing the value of bitcoins in my opinions. Most of traders only want to get profit, if there's pump they will buy bitcoin but there's some point that they will sell their bitcoin to gain profit and it's not helping bitcoin to increasing its value even higher at all trading is basically taking advantage from little chances, so we can't say that trading is really helping to increase the price because traders also eventually contributing to the dumping of bitcoin |
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My economy is doing relatively well. I'm not starving, and my country values labour highly, and so goods and services lroduced locally are more expensive. This is good for our local economy.
Here in Australia, the minimum wage is $17, which is about $12.5 USD. Not bad.
Australia is included as the list of developed country so it's not a strange thing if their economy is pretty good compared to any other countries which is still developing, in developing countries there's so many corruption and nepotism that slowly destroying the country a little by little, the people in developing country sometimes just too selfish and i'm not generalizing. |
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For me, I was disappointed that the price of bitcoin dropped by a huge percentage within just one hour of trading. It dropped in every exchange there is. Now the price is really unstable. I wasn't able to sell my bitcoins at the peak price of about $1,150. I could have earned 20% more from my bitcoins. Now I don't know what to do.
That's the risk of trading and if everything goes as you expected then it's ain't trading but a story which was made for you LOL, regretting what have happened few days ago until now is really useless and i suggest you to try earn that 20% from another way, you must make up your mind that the 20% is not for you but you will eventually find better way to make better profit |
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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 struggle fair with the amount of money you can earn, advertisement or promotion only be done when your project is still new and afterwards you don't need it anymore,but i do agree with you that selling hosting and becoming website developer is not passive income,but in other side it's still worth it for try because it will give you a lot of profit if you success in this project. to be rich you need to be struggled and having hard time + hardwork. |
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Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.
Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin does |
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I missed the price updates before the Christmas day ends until January 12 and I was shocked seeing that the value has been already decreased. It's okay at least I still have my coins in my wallet, I am hoping that this continues falling down will change to increasing again.
I think it's really hard for bitcoin to restore its price until $1100 again or even surpasses it, as someone said that bitcoin price when it just reached $1100 is overbought and will eventually finding its stable point when people have made a decision to sell their bitcoin massly and it's proven to be happened and the price was decreasing in just short amount of time. |
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As of now, bitcoin seem to be regaining some strength from its losses but no one know how long this acceleration will continue. If some signs show that it will resume the upward movement, maybe it is the best time to buy bitcoin before it go up to a new level.
bitcoin is now seeking for its stable point and will gaining some strength after having so many losses of its rate ofcourse, i think the price will be stable after few weeks and it will still remain there for a long time just like what happen after price rally in the past statistics, bitcoin is really predictable based on what have happened to bitcoin in few years back |
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There is no reason for panic or panic selling. It's true that many Bitcoin holders have fear that the price would go down more deeply so they will sell which can lower a price for a bit more. But now isn't moment for selling, the head shor be kept cool and wait for this correction of price to be over because soon Bitcoin will be back on the way up.
If one has invested some decent amount of money at let's say 1050 US$ and saw the movement after it bounced at the ATH, I totally understand that this guy was in fear and did panic selling. If one loses 20% of his investment within 4 hours, I understand anybody selling off any asset in panic. //alex Anyone would worry if someone bought at $1100 in a huge volume and then after one day price goes down at around 20%. It is not normal so the first thing in mind of this person would be selling at the next increase to cut the losses. But people who are in for the long run really would not be bothered. Couldn't have said it any better sir. Only people who bought bitcoins in expectation of easy profit would be bothered with a sudden plunge. If you're someone who started cutting out on expensive coffee and used the money saved monthly to buy bits you really wouldn't be panicking since it's money you would have lost anyway. Selling out after the initial recovery from a plunge IMHO is foolish... it's already rising, why take it out? Might as well just leave it in there. People actually think to take opportunity before it's gone so it's natural behaviour. as i see most of people were buying bitcoin expecting for profit not just like buying bitcoin with dust and if they're going to lose what they have they just let it away. if you think that better holding than doing cut lose then you must be very rich then to not afraid of losing |
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Yeah i agree. Bitcoin already presented us with all its benefits and uses and it would be up to us users to let more people kniw about those features to attract more people. Though i think aiming for 5 digits in btc price is a bit challenging. 5years may be a long time but we'll never kniw whats going to happen then. For me it's safer to say we may be hitting around 5-8k in 2012
it's ain't safe to say if you see the past statistics. the price always fluctuating and goes down after the highest point just reached. people have intention to sell their bitcoin at its highest point therefore a rapid price increasing can't continously keeping up until the "true" highest point. it will lost its moment when people think it's enough to reach that high price. |
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Paypal is not a scam and exists for ages. It is the best way to do your online payments. Maybe some times they do a lot of silly rules for members, but still for me it is the best payment system online.  Yes exactly, but not really paypal is the best way of online payments as of now (at least for me). The best and most secure yet anonymous way of making payments is via bitcoins. Paypal is just another legal payment processor and bitcoins is a revolution since it defines a new currency. Unfortunately many people still prefer paypal over bitcoin because of its coverage amongst many merchant in this world. if bitcoin just have as the same coverage as paypal i'm really sure that bitcoin can be the most used currency for online transactions. bitcoin have so many advantages that paypal don't have and it's running not for profit because it's ain't company. |
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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).
yeah a lot of my friends made a channel on youtube, he made a video about traveling, it actually makes a lot of money from advertising. it is passive income pleasant you should try it dude by hearing that your friends need to make a video first before earning money from the advertise i can say that it's not passive income and if i read from the internet with reliabe sources even from youtuber itself that they're required to make videos periodically and if not they might losing many of their viewers or even subscribers |
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I read something interesting.
The answer to whether the current bitcoin rally is sustainable may lie in the volume numbers, or the amount of money traded per day across global bitcoin exchanges.
At least one exchange operator reported that the volume picture is different this year than it was during the last market high in late 2013, which saw prices cross the $1,100 mark before tumbling over the months to come.
When reached for comment, representatives from Chinese bitcoin exchange Huobi – which boasts nearly a quarter of the world’s bitcoin trading market share – said that the situation is very different from three years ago.
Exchange reps told CoinDesk:
"In 2013, when the price was 8,000 yuan, the weekly trading volume was 393,000 BTC, with an amplitude of the week up to 103%. The trading volume was very small. Today, bitcoin [prices] broke 8,000 yuan with 735m BTC trading volume, which is expected to double in a week."
The firm added: "Current trading volume is 37x of that in 2013 and bitcoin price fluctuates 15.95%, which is much more stable than the year 2013."
http://www.coindesk.com/bitcoin-freefall-prices-drop-200I hope it does not fall below $600 because i will have many Losses not only loses on those bitcoin holders who's still holding even before the price was reaching at its highest point but also i'm a bit worried about how miners can make up to fill their needs of electricity, maintenance, and many more. if bitcoin prices will drop to $200 that might be a disaster for the whole cryptocurrency world but maybe it will pump the price of many altcoins immediately |
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I am very familiar with gaming business, so I might be able to suggest thing or two:
1. Op, you know that Steam is accepting BTC directly? Also huge game trading platforms like G2A or Kinguin are in play. Do you think that you will offer something more that these?
You will need to lower the price or entice people with some kind of promotion. It is hard when market is saturated.
2 Forget about old school paperbox distribution system. Focus only on digital versions of games. It is cheaper, easier and more effective way.
I think that both physical and digital delivery shall be available because some people tend to choose the option for them to be able to sell the games after done playing it instead of having the digital versions, but i think that competing those platforms which is already popular and always giving promotion might be a really hard competition but with bitcoin you will be advantageous amongst G2A or Kinguin |
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simple, join sign campaign, you make more money from campaign, you can earn Bitcoins from investments and business, Please use the talents and wisdom of you to do it
There are many ways to increase your btc apart from investment,offer an advertising service in online with btc as your payment option, there are many people out there who needs advertising for their site, are else sell your good for btc, another way is through trading. I agree, we can use our skill to increase our amount of bitcoin. Selling goods is the best way because no limited income in it. Also being a boss is better than being employe, isn't it? it all depends which skill did you have because the skill also must be related and usefull for earnings bitcoin such as trading or perhaps gambling and besides it will be difficult to grown your bitcoin because other skill would be useless I think that if gambling really requires skill then there must be a way to making profit from it without even losing by having the skills but the reality gambling is just pure luck, you just accept what you get and after you lost or win it doesn't matter because the point is you get entertained by playing it. maybe having special strategy in some games probably help you but the luckyness is still the main factor |
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I've had soooo many problems with paypal in the past, it's crazy!
paypal obviously has the benefits of being super easy and mainstream. almost everybody nowadays has a paypal account, whereas cryptocurrency still scares away a lot of people that have no clue and think that the crypto world is way too technical and complicated.
So I think there's no easy way to say what is "better" it really depends on the person, and on what you're trying to do with it.
Paypal has low security, there was a reduction in the funds and limits to make transaction, verify become more difficult because it requires a credit card. Not everyone has a credit card. There are strict regulation, if you broke it, paypal will block your account and your money can be lost. I think bitcoin is better than paypal. Your statement is such a joke. what makes paypal always strictly limiting and monitoring of every their users is a prove that they're not having low security and paypal can also be verified with bank account, NOT only with credit card. if you think paypal having low security then you must learn furthermore, and if you think that credit card is an obligation for paypal then you don't know shit about what you're talking about |
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the people who in need of money and those who's trying hard to get profit from short term trading. if there's none of people are selling bitcoin then it might be seemed really strange then because a normal market must have buying and selling activities so it will be balanced, and probably people who desperated because of the price falling also contributing on this high supply of bitcoin to be sold
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Well I agree with you. The dumps recently are mainly due to chinese though but many contributes to bitcoin's price fall that happen now not just only Chinese, but those who are new to investing bitcoin, panic selling to cut loss or gain profit. For now ill be happy to buy some bitcoin again but I think it ain't the right time to buy now waiting for my target price to be reached. All bitcoin users can either hold or sell now.
selling is really bad idea, why wasting the chance to have more profit while we can just wait for some months while we don't need the money for urgent?. but i actually always wonder how much the lowest point will be touched by bitcoin in this year due to halving have already occur and if the lowest point is the same as before halving then those miners seem to be doomed |
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Paypal is for sure no scam, I can even laugh about it, I think that PayPal is even better than bitcoin and the fact is that you cannot even compare them with each other.
PayPal is doing great things and the refund system is the best.
i personally have no idea about that, either paypal is scam or not. actually i never used paypal because its service is not present in my country, so one thing is clear it has limited service and is not present all over the world. You actually can make a conclusion about whether it's scam or not by seeing that paypal is based on U.S which is really well developed country and always and forcing any company to be submissive to their rules and i think that once the company scamming even an individual then it will be doomed |
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My country's economy is very bad. The taxes and fees are very high. Government is looking for many ways to collect much money from citizens. Inflation and public debt are too high. I think it's very dangerous for my country.
If the public services they were offered to you could pleasing you then it's ain't bad. Government having high taxes for some reason and maybe you're living in developed and it's just normal, unless you're living in developing countries with high taxes and poor public services, then i can say that the money probably being corrupted |
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Paypal is not a scam but its actually too much tied with rules and regulations and some horrible terms and conditions and that is what makes PayPal look like a scam, but in reality its not.
That's right, probably because they're based on first world country which is US and really tied with the rules, can't even breaking any rules if they want to keep their company running and gain profit most of regulations or rules which is released by paypal and inserted into their website just really limiting the freedom of their users in my honest opinion |
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