I do not think storing of Bitcoins is against Bitcoin, I do consider bitcoin (the currency) like a digital gold. I mined a lot of bitcoins back in 2011-2012 and I am still hoarding, I have not sold even 1 bitcoin  . Wow thats something wizzard, what happened for you havent sold atleast a part into the 1000 dollars buble? Anyway i do believe you will sell some of them at 2020 when bitcoin reach again 1000 dollars. And i do understand why you havent sold them after the bubble, how long you thinking to hold your coins, do you have any target? |
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Just the idea that someone would risk jail time for a payment system is kind of looney. If the government said you would get five years in a federal prison (no parole) would you risk using PayPal? Let me rephrase it a bit. If you are holding Bitcoins worth some $25 million, will you continue to use them if there is a 0.001% chance of imprisonment? Or are you going to dump them and forget about what happened? People does risks to go jail with dark marketplaces transactions, drugs and guns, but they take the risks doing those with fiat, and now with crypto coins as well. Im father and i need to give example for the kids, and go jail isnt part of those for sure, soo i would hide my ip under some service and continue using bitcoin. |
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What about saving and investing at the same time? You could save as much as you can, and then split the saved money in two: one part stays there and the other goes to investments.
This should be a basic thing for people with common sense. Especially because of the fact there there is no point into choosing one of these options while you can do both at the same time. But I'm not talking about investments like putting money into gambling sites. I'm talking about safe things to put your money in that will never go down, like Gold. Bitcoin can disappear at any time, Gold cannot.
Gold price isn't fixed, so in that regard, it can go down in value. Depending on how long your investment plan is, you can very well end up losing money as the price of Gold can experience a period of decrease as well. Literally nothing in the world goes only up in value. So in that regard, that's an incorrect assumption from your side. Never take things in life for granted.  Some examples of how Gold has been doing per time frame; # 1 month ~ -2.2% # 6 months ~ -4% # 1 year ~ +12.8% # 5 years ~ -31.6% As with nearly everything, it just depends on the time you enter and leave the market. Well atleast im able to see some real report about gold potencial, there is an opportunity to make money with gold, as well it may turn into a loss, the same as bitcoin, but there is a huge difference between, decentralization. Investments may bring better results but there isnt anything to assure it will happen. Bitcoin will go up because halving pression, otherwise we would see some changes into bitcoin daily and we wouldnt be at 700 dollars but maybe around 200-300 dollars since nothing besides halving has happened to make such a increase into the value. |
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If you guys can't beat the house then at least join them. There are some few good sites that accept investors with their house edge. I can say I am earning decently on Betking and Crypto-Games. Soon I am considering vDice.io and see if I can get some good return on investments.
Yours must be a right suggestion in order to have profits. Still, a gambler will not do what he actually prefers. Joining a gambling house must be an investing way definitely not gambling. Usually gamblers do prefer take risk in entertainment way which must be definitely missing if we are looking only profits by investing into gambling bankrolls. Sure it should be saw as investing, but we do know that sometimes you may loose a bit on the bankrolls, soo its a gamble because you cant predict the house result, even knowing the house always wins. Soo investing into bankrolls for me looks like gamble as you are putting your coins into risk. |
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Well you are very wrong and blind, really, where i live the salary its something like 300 dollars, soo this makes me live into a poor countrie if we do compare this with Europe where there is something like 500 euros, and USA where there is something like 500 dollars i believe, i do have acess to internet and computer with those im able to get an income with bitcoin from signatures as well trading a bit. And for sure the income im getting from bitcoin is helping me a lot.
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All shoulr remember forever of bitfinex problem that made an huge damage into bitcoin, with that said we all know that just some exchanges does cares about the security of their costumers as well the funds, when this should be their main concern.
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This investment makes me regret had traded a while in the past and lost some good ammount of bitcoins, even knowing the house always wins im scared to invest and some hacker attack such websites and sucess.
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Investing in gambling sites is safer than playing and betting on gamble games. It is a long term process which is profitable because we know that the house is always win. It is worry free if you invest in trusted sites and company that operates for a long time and already establish a good reputation.
Sure we do know the result, but those isnt the problem, we need to get a lot trust to invest and trust our bitcoin into those casinos and dices, we never know if someone can hack or the owner can run away with a large ammount of bitcoins. |
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While i do believe bitcoin does have an amazing future it has as well several upgrades to be made, and several others solutions that must be handled on the next years as the famous question of when all bitcoins will be mined, how to keep the hash and security level at bitcoin.
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Of course you can make money. You can also lose money.
The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.
Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit. The problem is that you dont know what may happen on the next seconds, i remember China news made their currencie up 200 pips and from no where droped 300 pips, this happened into 1 minute, and the platafform i used like etoro just frozen always on those and when returns it can eat your position or allow you to stay green. I dont know a bitcoin trusted broker soo if someone does have one let me know. |
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I guess if no one spends bitcoin they collect, it will be in vain efforts we seek and collect bitcoin.  Well, I believe that if it happens bitcoin will be something that is not useful, and will probably appear altcoin which can exceed and replace bitcoin, and when the moment comes, may bitcoin will never be used again, but I'm sure it will never come  If you are holding bitcoins then its really hard to believe that you will never spend them as bitcoin is also an form of money that should be spent like fiat money and if no one will spend their bitcoins then we will never see the higher price of bitcoins in future and it will make bitcoin a weaker currency. Bitcoin into circulating are enought to cover all bitcoiners needs, people does store their savings into gold and they never had affected the value of gold, the same happens with bitcoin, some save while others does invest and risk their coins. |
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Bitcoin is used just by few people, and just a few does know bitcoin really, others companies, as well currencies besides crypto world are used and well knowed, bitcoin had huge potencial and some corporations started to see it, besides the huge interest into blockchain technology.
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Bitcoin its currently the king of crypto currencie and its about to make 8 years online, since those several others altcoins has borned and allowed all to make money online, but i dont believe at all bitcoin will be replaced by other currencie, but at crypto world we never know what may happen.
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Well soo its almost a sure that into November as well December we wont get any payment, i mean income since we will be testing the game, i had tested the game at my free time, but well since i will have restart all over again without any income in the meantime i will wait this be official ready.(atleast i do believe the 2x gold is because of that, anyway i will keep an eye into this)
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Bitcoin has bilion invested into it, to make the community left bitcoin a big problem must be found, and i really believe if price crash while the core does fix the issue, some people will invest deeply believing bitcoin will recover, its hard to see bitcoin ending.
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Sure there are some poor countries without computer neither internet, but as we do need both to earn and use bitcoin i do believe the question is from people that does own both, soo we are focus into those people that has a low salarie but they can join bitcoin world to get a better life.
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In the future sure somethign should be made to make the confirmations time being lowere to 1 -2 minutes, i dont know how bad this can be for the security issues, bitcoin its currently the most safe way to make a transaction, while others ways does have some problems.
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If we think about bitcoin history, we will get insane, the early adopters, the pizza history, nowadays we are able to see what some people had done with their bitcoins, and what made bitcoin moove forward, i doubt anyone here will try to buy anything with a crypto coin that can grow.
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Im not saying we will stop using bitcoin at 2039, im just saying a huge ammount of bitcoin will be mined at 2039, soo we have some more years to have some solution about miners rewards.
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Paypal has built its reputation and the reversible transactions are something we cant do anywhere else, paypal does follow regulamentation of each country and in the end who dont know those will end get scammed by a seller or a buyer.
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