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Bitcoin will not be useless because of its reputation that is already built and also a lot of people using bitcoin and they believe to the things that bitcoin can do like being widely accepted and also use as a daily basis currency. Bitcoin is very useful in a lot of ways like being a source of income, savings and also investment at the same time.
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Bitcoin just like any other currency can be used to support terrorist because you can't control its usage once they are in the wrong hands so it's not a matter of "I will it be used for it" but it can actually be used for anything including funding terrorist.
But who's gonna fund the terrorist? do you think some government would also fund the terrorist? but on the topic regarding bitcoin's security and uncontrollable thing this kind of idea why it can be use in an illegal way and terrorist are definitely gonna make a move because of it, and there are reports out there that bitcoin can be use by criminals as well, and just like money everybody needs money and bitcoin is an ideal way to make transaction unnoticed. You said it right, some of the politicians supports terrorists around the world and they fund the terrorist for their own desire or to get power over to that country. Bitcoin is very prone to illegal activities because of its security features like being untraceable and also high security in your account which makes the criminals use it. |
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Basically we don't know the risk in every site if you invest money in a site first is you don't know if the site was trusted there are site that can give you small profit but many site are just scamming people who invested.
I think why its risky because its like probability. you have only 2 chances. you may gain or loss your money when you invest it. nowadays numbers of scammers is higher than the trusted sites. You can avoid those scammers by not investing your bitcoins anywhere and simply keep them safe in wallet and wait for the price to go higher in future and in that case there is no risk of loosing your money and will give you only good returns on your investments in future. Keeping money in your purse is not an idea, rather than worrying about scammers, be careful, then take advantage of your money to make a profit. Business is not a difficult job, use your intelligence and make money. You can avoid scammers if you do a good research before investing your money and you may find many good place to invest your money from where you can expect good profits in long run and I will choose to invest my money in trading instead of keeping my bitcoins idle in my wallet. Nothing can beat good research because if you do good research then you will a very low percentage of getting scammed and also a lower risk of losing money in your investment. Trading is one of the best investment because you can multiply your money up to 200% in a few days of trading if you trade legit coins only. |
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Such a good news for bitcoin. This is what i wish for bitcoin, a cooperation between bitcoin and also in banks and not replacing or dominating each other because bitcoin and bank is just in one page and that is all about money and that is why it is a good news for bitcoin by accepting bitcoin for an alternative on their bank.
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This kind of hacking need to be stop as soon as possible because if this kind of hack will not be stopped then it will damage more computers and invade more countries and also it will be a huge impact for our bitcoin because it can get bitcoins then they can dump it to the market which can cause a loss for us.
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They can write it down, place it somewhere safe or somewhere they can have access to easily. Put it in post-it notes in their house if they are living alone so that they cannot, for the love of god forget it. That isn't really a problem at all if people just look first into much simpler solutions.
That is one of the best and safest way to avoid hackers to get accessed to your passphrases by writing it down to a notebook and keeping it on a safe place so your passphrases are stored offline and the hackers can't do anything to get that and hacked your wallet or account. |
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If we advertise it on tv then everybody can know about it and it's activities and good sides.
Then many people interested in it..
I don't think that we need to advertise bitcoin, and besides, who will advertise it? It requires money to advertise. Maybe the services that converts or have a wallet will advertise their services, but not bitclin itself. If a country or government supports bitcoin then they can do advertising for bitcoin as their asset to the tv and other kind of advertisement. In fact, there is already a lot of people using bitcoin or investing in and some of them have big names and almost of them can do advertisement for bitcoin if they want to. |
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I'm a beginner in bitcoin and I see it as an opportunity to earn money and to buy stuffs online. Since I don't have a job it is a great opportunity to have additional money for my needs. For now I am trying the signature campaign though I know it is not easy. Are there any ways of earning bitcoin aside from trading, mining and faucet?
Yep signature campaigns are not easy because you need to have a high rank account at least Sr. Member rank account to have a decent weekly or monthly payouts from the signature campaign and you also needed a good quality posts so it will be easier for you to join other signature campaign because posts quality is one of the requirement to be able to be qualified. |
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nobody is forcing the "Common Man" to buy 1 whole bitcoin. there are 8 more zeros after the decimal point and they can choose any amount they want to buy.
1BTC= 100000000 sat
and besides there should be a difference between someone who didn't listen to the FUD of others and bought when it was cheap and someone who did listen to FUD and didn't buy or sold his coins.
Exactly. This should be clear by now...although 1 Bitcoin is increasing in value...anyone can buy Bitcoin based on whatever money he has...if he got $100 then he can buy Bitcoin according to the $100 value...nothing can be simple as that. Hell, one can even own just 1 satoshi if that is what he can only afford. The point to this topic is the capability to buy bitcoin as a whole and not decimal if you compare the price now and the price a few years ago you can realize that bitcoin is already out of the zone of common man because not all of the bitcoin users can afford 1 bitcoin because it needs a lot of money and that is why a lot of people are also thinking twice before jumping in bitcoin. |
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I won't stop buying and selling because I am doing trading with bitcoin, so as long as there is a potential to earn profit then I won't stop buy and sell, but for investment I have stop buying when the price reaching 1000$, now I never buy any bitcoin anymore, I am earning bitcoin now for my investment
I agree with you, there is no particular price for the traders to stop buying bitcoin because as long as the market is active and you can still do traders often then you can buy whatever the price and do trades and make some money with it because a trader is not focusing on the price but on the movement of the market and how can he generate money with his assets. |
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If pokemon go let the bitcoin users to earn bitcoin thru this game then it can save their dying game because their game is just popular for a while but it didn't last for long and if they do this then there will be a lot of pokemon user and bitcoin user and they will unite to play this game and also earn money.
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Investing on some mlm or hyip at early stages of their site would be good but still risky though.Freelance job online and get paid by bitcoins is an option too or try buying and selling bitcoins if you have the amount to start with
yes, it is good to invests on HYIP sites when it is in their early days. but you must withdraw all your funds after that. no one knows when will they run off with your money. so better invest on the sure things. bitcoin is one of the sure things Im talking about. This idiots are telling something which should not be done. You already told that no one know when will they run off with your money! What if those HYIP sites have no interest to pay you in the first place? Then it is goodbye to your investments. There are lots of newbies in this forum. You should tell them to avoid HYIP. Yes do not invest in hyip and avoid them as soon as we see an investment site that is clearly a HYIP now the price of bitcoin is high and that is what attracts the HYIP investments sites to promote their site and also scam other people including the pioneer investors. There is no clear proof that HYIPs are profitable because the only person that takes profit from that is the owner. |
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... because it will be expensive in the future
or zero. What a great respond. Bitcoin will not become a worthless thing or no value because a lot of people now are depending in bitcoin as a source of income and there is already a lot of serious investors that invested in bitcoin already so there is no chance for bitcoin to get 0 value and if you are waiting that then you will wait that price until you die. |
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Starting a shop with bitcoin acceptance is simply good to make a better profiting. In the past there were little shops that accept bitcoin into their business. By the adoption of bitcoin in Japan, now more and more users have started using it as well can see bitcoin adoption in the cities of other countries increasing.
The Japan is one of the most popular country that fully accept bitcoin as their additional currency and almost of their shops is accepting bitcoin now and time to time the other stores around the world are trying to accept bitcoin also and i think before the year 2020 the bitcoin is already spread in most of the stores. |
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I wouldnt say people are losing faith in Bitcoin.
I think thats quote the opposite,faith is at an all time high.
Im expecting a small dump now.
There will be no dump for me because the price is getting stabled at the current price and even the price dump a little bit because of the ransomware incident bitcoin is still strong and well established. The price dump, i think will be after the price reaches 2000 USD because some people will get an at least x2 or even x3 of their investment so they will unload some of their bag of bitcoins. |
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This is great because bitcoin is getting so much attention and also adoption from the different asian countries and south korea is one of the latest country that adopted and established exchanger for bitcoin. If this attention will be maintained for bitcoin then there is no impossible thing and bitcoin can be fully implemented in asian countries before 2020. |
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There may be many different web wallets to store bitcoins but i have not found any wallets like Xapo.
It is one of my cherished wallets , provides muti signature addresses and no transaction fee.
Just a reminder for you, web wallets are not safe because they are in the internet and you cannot controlled your money there because the xapo wallet has control on your behalf so it is not that 100% to store your bitcoins there, it is best if you just buy a hardware wallets that is available in the market even though they are expensive it is worth it because you will have a very secured wallet unlike online bitcoin wallets. |
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Bravo to bitcoin, and yes that is one of the many reasons why all love and use bitcoin. Unfortunately though it can also go the other way around  But in the long run, of course it will always bring about positive values. Bitcoin already bring a lot of positive values to every user of it because even just the price pumps already help us a lot because it makes us earn more money than the usual rate in the real world and also bitcoin gave us opportunity to earn easier money rather than to our job which is very stressful while in bitcoin you just need some few hours then you can earn a lot of money. |
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For those just getting started FreeBitco.in (link in signature) has an amazing Affiliate program. They pay out a referral for faucet claims, interest and dice rolls.
If you check out their top affiliates they have gotten paid massive numbers.
I also tried that site back in the old days when i was just a newbie and i advertise that site on the different sites and also in the social campaigns and i earn at least 5 million satoshis there and because i am just a newbie, it was a very big amount for me and i just cash out them and now i can still earn a few amount of satoshi and their affiliate marketing serve as a passive income for me. |
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Bitcoin can be used in space because it is not that physical item that needed to be held everytime. It is only on the phone and if you have internet connection in the space then you can both send and receive money from the earth back to the space. I think bitcoin is one of the best currency that can be used when the people will move to mars.
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