For me it is not possible to earn a living with only Bitcoin because I am not making enough money with Bitcoin alone. I also have a normal job like most people do.
These two together is enough for me and I am making good money now.
Most of the users fall under the same scenario. In my view it's better to have a day job and consider earning through bitcoin as a additional way to earn and make living more comfortable. |
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Right now their is no support for bitcoin for real life shops as in my country still bitcoin is not recognized by lot of them, but their are so many users who are ready to buy and sell bitcoins for fiat currency, so i have to convert it in fiat currency to use it in real daily life.
The same is here in my country. People were getting into Digital currency usage day by day due to the acceptance and growth experienced day to day. Very few real time shops were accepting bitcoin in physical stores. These stores get popularity when the user profile increases to certain limit. |
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I don't believe in ''get rich overnight'' online promises. We still need to help Bitcoin project a lot, with sharing news about it, educating people, trying to inspire merchants to accept Bitcoin etc. Eventually, after some time of hard work and effort, I believe that Bitcoin will become mainstream and that our patience, faith and hard work will be rewarded with high price of Bitcoin. At that moment, I will probably retire, sell some of my Bitcoin funds and travelč around the world, enjoy life  As mentioned by above mate, truly its hard to become rich overnight. Only possibility is getting involved into robbery. With bitcoin possible but it takes its own time as fluctuations happen without any notification. It's better to try to be rich through some day job or business. |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
I think the reason why the customers using it maybe some are they just want to experience the benefits of bitcoin, or some are for the investment, others are for savings and lastly they want to encounter those benefits of Bitcoin. Most of the people are using bitcoins to make profits from it in future as everyone is expecting higher price in future so they are busy in investing their money in bitcoins at a moment. Now more users had considered it for making good profit as no other investment gives such big as well sudden variation in price in accordance to time. In my view circulation of bitcoin is much needed for further growth, so when more users use bitcoin automatically the circulation increases, which in turn give assurance of growth. |
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Received the payment. Thanks for the timely issue of payments.
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As the acceptance in physical and online stores were low in my locality, I prefer to save as much possible rather than spending. Only on emergency needs I cash out bitcoin and use it for my needs.
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I started with sport events mainly tennis. Also at times I pause gambling when I experience continuous fail in events. In my view involving into gambling needs self control only then can sustain long in it.
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You can get of that by joining sig campaigns here or using such faucets online
Well op says that how he is going to make profit out of a capital worth $100 but you are saying that how to get $100 but still you are right with it. That are one of the good ways to earn that amount. I believe that earning with just $100 as an investment is possible, but you can't get a big earning with it, unless you're very lucky, and you have to avoid depend on luck in crypto.
It is true, we should really be careful in doing the first coin, if we're smart in choosing with a capital of just $ 100 could certainly make more money $100 is already enough for choosing the perfect coin that you think that can help you to get some good profit. You just need to think about the alt coins that is going to pump. That's really the best method to make profit with $100, but its really hard to find the right altcoin which is in rise. If one predicts in the right way profit can be grabbed. |
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Luck can get you one or two profitable sales but if you intend to stay very long in the world of crypto-trading, you need skills to survive. Luck runs out with time, skills get better with time.
As quoted by the above mate its true that the skills gradually gets developed when people continue to get fixed with a targeted aim. But luck plays the role even when we were out of experience. So skills were the one which can be trusted more than luck. |
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I think both is very good and i use both of them, paypal for fiat money and blockchain for bitcoin
both is working better but the problem with paypal is that it is limited to certain countries and its fees of transaction is also very high, in the past I was using it but with that I lost a high amount in paying their fees. Paypal can maintain or freeze their member's account and money anytime they want and I very hated about that but different with that I like for using PayPal because I can purchase anything just for a click. In my opinion most users prefer to have both forms of payment, because in terms of transaction bitcoin provides the ease with reduced transaction fee as well confirmation. For increased acceptance in shopping as well other business needs users prefer paypal. |
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In my opinion borrowing is useful when you've assured return in a short time. There are users who get involved into gambling by borrowing with the hope of win, but when the event fails the loss increases high due to the interest paid for the borrowed amount.
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If you want to do something grow you must leave the comfort zone, you should also be ready to take risk. Calculated risk, of course
As mentioned growing bitcoin by sitting over the comfort zone is not possible. Also no safe methods were available to grow bitcoin. Every earning as well growing method has its own risk involved upon the growth experienced in accordance to time. |
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Earning with gambling is possible based upon the way we get involved in it. In my opinion when the greediness of earning more gets increased gradually our mind focus over big earnings in a short time. This results in loss, so satisfaction within limited earning gives the best from gambling.
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You can gamble for fun. Just don't lose all your money)
When you rich, i'm sure you will not care about your money because you have much money and you can gamble your money without taking profit and just gamble for fun. That's the wrong way if you look towards money after being rich. You should respect money when you have it, else it will not respect you and get away from you. Gambling can be done for fun but not with the way you mentioned, else the person is a fool who does that. That's true, but rich people doesn't feel for losing as they have lots of money to place bets even after continuous loss. Also there are people who participate into gambling just to have a enthusiastic feel which can be experienced when the event is close to the final result. |
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Everybody aware that gambling are risky things. When gambling site try to make investation option , just make sure that gambling site already long run and trusted based on forum feedback or other legit social media. I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money. Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner  I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest. Without investment, we can not make money in any business. But investing in gambling is bit risk, we have to choose a good place to spend then only we can able to make a profit . And gambling is the not right place to invest your money, and it is just a game to enjoy your free time. People miss understanding this, and they are losing money in gambling that's it. I'm wonder for some people able win big from gambling that change their life forever Thats really true, every people understand how the gambling had affected users at instances. Only very few users have succeeded with big wins. As a gambler he needs a good number of bitcoin to place bet as well a mind to accept losses. In my opinion it also can be considered a high risk investment as it has got the possibility to give big win depending upon our prediction. |
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Nobody knows true potential of bitcoins. We can only guess how big can it grow, and how spread will it be. I understand sometimes how many optimistic people there is here, I'm one of them, and we really have big faith in blockchain and bitcoin. For me those two things are connected and there is no one without another one.
True potential of bit coins is probably world domination, where bitcoin can take throne and other alt coins can be soldiers. I see bit coin in future, where technology have primate over the other fiat currencies.
Time will tell was I right or not, for now my thinking have logic and sense.
I would like to correct something. True potential of bitcoin is enormous. We already know pretty much all of it now. We can add potential uses and speculate on what blockchain can even more helpful. But the real problem is that people might not recognize that potential at all. The worst scenario - Bitcoin will be used by geeks in limited scale, will be forgotten. And in 50 years or so will re-emerge as 'new concept' and it will be major hit, because then society will be ready for digital currency. It might happen, in my opinion the anonymous nature of bitcoin is the one which makes it to be used and generated in a limited scale. At the same as mentioned re-emerging happens if bitcoin and other digital currencies completely gets vanished due to the intervention of governments or any other governing authority of the network. |
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everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!
Also the price is quite stable around a limited range for a long time. On account of this too users prefer buying. It has got the highest chance of price increase by the end of this year and to continue for few more weeks falling in the year 2017. |
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As most users quoted I too believe that bitcoin experiences a good increase in price during the last month of 2016. During last year increase in price happened by December which continued till the mid of January 2016. Following this gradual fall took place, same can happen this time too.
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This isn't going to happen. There won't be an ATH run up until after the halving, if ever. Sorry moon kids.  Come one man! Nobody knows what will happen. Therefore your negativity makes no sense. Or are doing this on purpose because you hope the opposite will happen?  You know like some kind of superstition. You're right, nobody knows for sure, but my opinion is that we won't be seeing a new ATH until after the halving, if ever. I have been following Bitcoin since late 2011 and was a miner through the first halving, and that's the experience I have in forming my opinion. I'd like to be wrong, but I'd bet a BTC or two that I'm not. That is only possible when we are for sure that it is rising for a long time and that is hard to know because Bitcoin is a currency and you never know what will happen later. But of course it can be nice if we can reach that high value so we can sell it with a lot of profit and that would be nice. yeah it is difficult to predict everything about bitcoin, but if for the future, I am very confident the price will rise very high. but for the short term yes really difficult to predict. As most users quoted anything could happen with bitcoin. I believe its truly hard to predict the bitcoin price movement in accordance to time. Based upon special events similar to halving we can make closer predictions. By the end hitting $3k-$4k is not possible as there is no special events by the end of this year. |
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The most important thing is not how many you saved up your bitcoin but how to growing up your bitcoin balance and increase amount.. because there was safety wallet that will provide us.
I think it is gratuitously when you have a lot of bitcoin but just to hold without try to increase that.
it is really hard to grow your bitcoins that you already have, in my opinion the best way to do that is to just do some trading if you are lucky Many users have the blank thinking of growing the bitcoins through gambling as well trading without much efforts. Only the persons who experienced the real fact of loss knows how risk is growing bitcoins. Similar to the way of growing our fiat we need to grow bitcoin, more the greediness more we are getting into the path of loss. |
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