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the confirmations come really slowly nowadays with smaller fees, we need to include huge fees unfortunately to get transactions confirmed
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what problem do you have in bitcoin.
The hour long wait while blocks are not found for an hour. you are right, blocks are taking such a log time to get mined and the fees are really huge some times |
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That is not going to happen in our life times!! There are to many older people who do not trust much, let alone something they can not see such as Bitcoin. There are also to many money hungry people out there who are not willing to let the money from bank fees go away.
to be honest anything is possible in my opinion and bitcoin can makes banks disappear in the future |
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If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency
Earning wont work in that case because if you are in desperate need of money you would probably not have enough time to work and earn that much money in that time, so the only possible way would be taking a debt, because if you haven't saved anything for your future that is the only thing you can do in an emergency. True, in urgent times you would not have enough time to work just to produce money since you could not able to produce it on time and you would surely wait for monthly salary as others said you would really make a debt to someone because its the last resort to do when you are desperate for money. Why to borrow money from someone if you have bitcoins with you? If I am in desperate need of money then I will sell my coins without any hesitation at any price that I see, at least its better then borrowing from someone. well yeah, there is no need to do that then in my opinion if you have a lot of bitcoins so you can just sell it |
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The only thing that i can suggest to you guys is to have a own blog and study seo for organic traffic before you monitize your site it will grow your blog every month depends of your hard until you succeed to reach 1k visitors to your site and you can montize your site. start in blogspot for free before you transfer into wordpress blog.. thats why many people are staying and working for few hours and earn massive.
That is right. But I would suggest to not expect high with blogging these days. SEO is quite tricky now due to regular google updates. Not to mention, that there are bunch of competitions in the market now. What I suggest is to find for a very specific niche in bitcoin and capitalize from there. That way, you can have a chance to dominate the search ranking in that very particular small niche that is not yet saturated. You need to be knowledgeable to be able to do that and you can make it through a lot of research and continues study on your field. Me, on the other hand is not focus on that because that is not my field, the only way I can make a stable income is just thru investing is investment opportunities here in the community. But investment won't give you steady income and to make profits from it you also need to wait for a long time, and may be sometimes if your investment doesn't work then it can be a loss for you. it wouldnt give you some steady money but it would give you big profit possibly, i think that it is good enough |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. what if you do not have 1 BTC. is it you're going to buy it now or wait until prices come back down? but I think that the current price is not too high? You can buy it now if i had that much money right now i would definitely hold it all right now so i would make some money |
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To successfully and profitably trade, you need to have a great experience. If you do not, it is better to do investment. But they also have risks. Do not try to make money on dubious projects. They promise a lot, but often fail. In order not to lose money is invested into reliable projects with minimal risk
to be a good trader you need to understand the current market and trend and all the pump and dump coins out in the market,you can earn with the pump coins,just learn when to enter and exit carefully for investment in the crypto world you much check for transparency from the project team,if not do not invest as there are a lot of scammers in this virtual world Yeah and you need to spend lot of time in understanding the market trend before entering into it, its always good to do proper homework if you are not sure about the end results. As I am also going to start in trading its best comments every time done your home work and start because without this you can lost your money and trading is much better then investing because you have all control in your own hand Trading is indeed better than you invest your money on a website but the trade is not as easy as you say. by my experience too hard to earn profit from trading. you are right, in my opinion trading is the best investment option right now, i hope that it will make me good money |
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Frankly speaking, I am not waiting for the bitcoin to become 100 dollar value. I want it to reach new heights every single day. If it goes down to 100 dollar level, I will in huge loss and I don't want that to happen.
Also if the price goes down to 100 level, a panic selling will trigger which will further bring down the price, so it is not good for the bitcoin community. The main factor behind my dedication towards bitcoin is the price and nothing else.
The bitcoin price will not go to $100. If it does, most of the miners will not be profitable and the network will be attacked. That is right the miners are already receiving lesser amount because of halving the price after every four years but they are happy with high price of bitcoin but if the price decreased then they will not be able to get much profit and will try to search other ways of earning. with each four years when a halving will occur in the reward of miners a double up of bitcoin price will also occur. In this condition we cannot say that the miners will leave to mine bitcoins and when the concept of bitcoin increase more higher the price will also increase more with that. so now we cannot think that the price will come to $100 well i dont think it is definite that bitcoin price has to double every halving though the price definitely increases |
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I still believe in Bitcoin. I started with Bitcoin in 2012 primarily as a get-rich-quick scheme, but pretty soon afterwards I learned there was so much more than that. As a tech guy, I am very interested in the technical workings of Bitcoin, the development, and all of the possibilities that we can do with Bitcoin and the blockchain. I still believe in Bitcoin, but less as an investment and more as a technology.
I do believe in Bitcoin but the only thing that I want from Bitcoin is that the value is going to reach $1000. That is the only thing that I ask from Bitcoin so that I can sell them. i would definitely want that to happen too, it would give me some decent profit really easily |
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yes in one sense it can help poor people, but poor have no facilities of computer and internet, therefore bitcoin is not so much profitable to them as they have no access to bitcoin,
thats true, mainly it can help people in my opinion though anything is possible to be honest |
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I prefer a bank rather than bitcoin because in my opinion, the bank is better and safer to keep money than bitcoin. Besides, the bank is a financial institution official, so it is really very safe
though banks can go bankrupt and steal all your money while with bitcoins your money are safe |
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Grow bitcoins ? Not really. Grow the value of the dollar value ? Certainly. If you were to hold on to the btc till 2019 , then after halving the value will automatically have to go up to maintain the rewards for the miners, which will be around 700 or above, so the price of btc then will be around 100-300 dollars over it.
of course there is no safe way to do that, if you want to easily grow it then you would have to take risks |
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how can bitcoin dissapear , i think if there are no internet anymore in this world , but it means that big problem already happen and people wouldn't have time to think about their money
you are right, it is just impossible that it would disappear because of nothing and it is really good |
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Well its a sort of new world of the currency's, I think that we can see it as a next level currency, everything will be fully digital in the future.
of course it is the currency of a new world and i think it is only going to grow a lot in the near future |
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just tell your GF same like you tell newbie for btc, but ensure if your GF is interested to btc. if doesn't you might be trouble to explain btc, so use approach with love haha  well yeah you can actually do that in my opinion, though i really doubt that they would be interested |
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I actually wouldn't be surprised if Paypal acquired a company that took Bitcoin payments at some point in the future.
It is already happening. PayPal added Bitcoin startup Xapo CEO Wences Casares to board of directors he might be working on some new level of partnership between Xapo and PayPal. Direct Bitcoin acceptance is doubtful it will be rather done by acquiring bitcoin companies, startups and projects and integration of their services into PayPal portfolio. http://www.coindesk.com/paypal-xapo-wences-board-directors/Wow! This is a very good news It will be more convenient for us to transfer our bitcoin or do online shopping because not all online shopping sites accept bitcoin. I'm looking forward to it! yeah it would be really cool if paypal started accepting bitcoins to be honest, because it would make us some good money |
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I wish bitcoin not to be affected. What do you think about survival of Bitcoin?
i dont think that bitcoins will be affected and we shouldnt care too much about it in my opinion |
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I dont think allot of people will stay for the rest of their lifes into the bitcoin because one day he will drop down that much and rebuild all of it again so that makes very many people sad.
The bitcoin price is volatile. But as long as it is under good development, the price will rise in the long term. of course it is volatile because it depends only on people and nothing else and i think it is a really good thing yeah bitcoin is one of the most volatile cryptocurrencies but it isnt a bad thing because it can make us money |
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for holders it would be the best in my opinion, it would mean that he will never sell any of his bitcoins and there would be less of it so the price would grow
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May be to give an option for worldwide internet users to send payments from one country to another without any central body and restrictions with very cheap fee or almost zero fee.
yeah it is an option for people that actually gives a possibility to use money anonymous and do whatever you want with it |
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