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8881  Other / Off-topic / Re: bitcoin affects life a lot on: September 08, 2016, 01:42:04 PM
Yes it's true either in positive or in negative bitcoin had affected many lifes. I have real examples, 1 of my friend invested $1000 in a mining and that ran away with all of his money another example is a a trader who manage his family with bitcoin.
thats true, people lifes are getting changed because of bitcoin but it is not bad at all in my opinion, because a lot of people get rich with it

Bitcoin is helping in improving standard of living of people and now we don't have to think twice before spending our money as we have multiple sources of income now.


But still we shouldnt spend on  useless things even if we have another source of income like bitcoin because  earning money isnt easy as we know it would require hardwork in able to gain it and  we should not be  confident on spendings its better to save more  and more for future use.
8882  Other / Beginners & Help / Re: Any earning method for a newbie member? on: September 08, 2016, 01:04:43 PM
I think faucet is not too bad for a newbie,i know its worthless but it makes them understand its not easy to earn bitcoin quickly and they just learn about wallets,exchanges and other things.First need to learn then you can start earning,if you have some skills you may easily find some work at services section here.

yeah faucet is not so bad for a newbie, even decent for those who do not have the skills or the money to buy bitcoin.
also if they are diligent enough, at least rotator faucet can give them more.

Faucets do really help newbies at start  when they  just learning bitcoin even they earn to small amount but the learning is there which they would realize in the long run that they are earning too little and  search for another  source of income.
8883  Economy / Economics / Re: Best way for steady income on: September 08, 2016, 01:00:03 PM
Passive income is what you want to know hmm...then probably I think most passive is investing, most your doing is just sitting on the money and waiting but it does require some timing action and thinking at times. But i can't think of an 100% passive and safe method though sorry.
For me best way for steady income is real job where you can earn or pay for you monthly job because if you are going to work hard then you can earn more than what you deserve in life then use your money to buy bitcoin so that you can start investing your bitcoin and grow more.

Yeah full day job is the best source to get steady income in order to take care of our financial needs and if you combine that income with the earning from bitcoin then it will increase your bank balance for sure.

Having both day job and bitcoin would surely give you money in the long run as long as you handle them both without any problems then  make a savings with it and plan to invest on a business either offline or online which could do more money to you.,
8884  Economy / Economics / Re: When do you buy Bitcoin ? on: September 08, 2016, 12:58:10 PM
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

i buy bitcoin with all my cash without hesitating when rates are low in a month's time.. i recommend you to act same as me Smiley

In a month's time, we might know the bitcoin block size increase plan for sure from the Core and Classic. So the price might rise after that.
I try to buy Bitcoin when the price is not to high because these Bitcoin these days can become pretty expensive.
When the price is right for me and I have the money to buy them I will buy.

Yeah if you have spare money then you should always invest in bitcoins, as even a small investment can give us best returns in future if price goes higher.

Its somewhat a good decision when you  buy bitcoin even on small amount  but gradually piling up which is good for long term and makes you profitable for sure  because we really trust bitcoin that it would increase its price in the future.
8885  Economy / Economics / Re: If you were in desperate need for money.... on: September 08, 2016, 12:56:28 PM
In a situation like this, my opinion is that you should try to cut unnecessary expenses, or even consider selling something useless that you have.
I think if you need money and you do not have any money at all you will not get any effect of cutting expenses? except if you still have money. surely you will get the rest of the money? but if you do not have money. one way out is to borrow money

It is easy to say we borrow money but the real problem is where are we gonna borrow money, this days people are so clever because they also need money and even your friends will not trust you sometimes, so if you do not have a job you will be having a hard time where to borrow money.

Having a job would  really be the basis when you intend to borrow money to someone because if they saw you  that you are jobless then they would not lend you money because they wont get any assurance that you would  pay the said loan amount that you borrowed.
8886  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: September 08, 2016, 12:54:43 PM
Bitcoin like a stuff then worth as money, is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered as money. So there free you for anythings. Wanna buy house? more stuff? there back again how you do better yours self and family.
From the beginning I know bitcoin as online currency that has high price from time to time. Of course you can buy a house using bitcoin as payment (if accepted) or simple convert it into fiat money to pay for the house. I'll do the same if bitcoin goes up very high, that's why it called as long term investment.
The real essence of the question is not really using your bitcoin to buy a house, it just stated that if our investment will grow do we buy a house, and the simple answer for me is yes, why not? That is money that we earn from our hard work so we should also reward ourselves on that.

Maybe he doesnt know what OP really meant in his  question. No one   would surely say no to buy a house which almost of us  had a dream on having our own house. If we are  making profits with bitcoin  in the future and could able to buy a house. Then why not.?
8887  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: September 08, 2016, 12:52:11 PM
I dont think it would be good for you when you are investing into the bitcoin with just one bitcoin because one is just 600 dollar not even enough to live from in one week you know.
Well for me it's good not to buy bitcoin and make some investment in some casino website where you can surely earn profit every month because if you don't buy right now you wasting time or month where you can now earn you can grow that money even 1 bitcoin is 600 dollars now.

Its good to have 1 btc in your wallet as an investment for future, but I think we should not buy right now as many of us feels that price is high at a moment so its better to wait for the price drop.

considering the price as of now on bitcoin is quite high same as you said but still its a good buy since bitcoin for sure would  increase its price in longer years yet you have to wait but  if you dont want  on waiting then made some investments.
8888  Other / Off-topic / Re: Do you actively spend your bitcoins? on: September 08, 2016, 12:50:16 PM
I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.

Unexpected circumstances would cause for you to spend you savings  which is somewhat helpful but as you said  you must not spent all those saving and you must limit it for you to have  spare money in future use.  Spending bitcoin is not bad at all.
8889  Economy / Economics / Re: Bitcoin worth to you or not... on: September 08, 2016, 12:47:53 PM
I'm sure all people will said bitcoin is worth to them all and me too. Bitcoin is really worth to me, because as a student, i can earn money with bitcoin and i don't need to ask my parents to get money.
yeah so well with me. we have the same background, I am currently doing a study at the university and sometimes money from my parents is not sufficient to meet the cost of college, so lucky for me I was able to obtain additional funds from bitcoin. bitcoin is very precious to me


I agree with you bitcoin is very helpful to some people especially to those  people who lacks on financial. They could earn in bitcoin which they can spend on their needs without any help with others thats why its very precious to us.
8890  Economy / Economics / Re: I'm not gonna sell any coin. on: September 08, 2016, 12:07:49 PM

yeah I think seeing the progress and development of bitcoin increasingly intense and started many people are starting to adopt bitcoin bitcoin
I'm sure every year will be better again and I'm sure the price of bitcoin will have a high price in the future. you do not need to hesitate with it

And by looking at the past year for up to day we see some big changes in bitcoin and there are lots of surprises whether for uptrend or downtrend that happen in bitcoin thoughout they year since it's inception.

And those uptrend and downtrend is our basis whether to sold our coins or not.

as we saw on the chart on bitcoins progress we could really say that  it grow how many folds  since it was launched. Uptrend and downtrend is  normal since bitcoins price is volatile and price may go in any way. In that situation its an  opportunity for us traders. Selling coins would be good  if  you bought it on a cheaper price.
8891  Other / Off-topic / Re: Do you actively spend your bitcoins? on: September 08, 2016, 12:05:50 PM
I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.
8892  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 08, 2016, 12:03:54 PM
I would prefer to work to gain my money, thank you Smiley
I also would prefer to just work and make my money and doing Bitcoin just on the side, I am fine with that because only doing Bitcoin would not work for me.
I would not even make enough money with Bitcoin to be able to take care of myself.

Yeah and it will be even more difficult if you have responsibility of family, and if you are the only earning member then it will be very risky for you to get full time in bitcoins.

You are correct, if you switch full time to bitcoin it would be very risky if you have a family since bitcoins price is to volatile and  doesnt even guarantee that it would last forever. If you are single maybe its possible for you to switch to bitcoin.
8893  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: September 08, 2016, 11:27:08 AM
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..

I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
I think that Bitcoin is never going to take over money because money has been around for so long that it is to big to be just taken over.
It would be to much work because then everybody has to learn about Bitcoin which is to much trouble.

True and thats the main thing why bitcoin could hardly replace fiat  in any way since fiat is already been established and been used for how many centuries already and its impossible to replaced by  bitcoin which  majority of people doesnt even know about it.
8894  Economy / Economics / Re: The future of the paper money on: September 08, 2016, 11:23:52 AM
There's no future for the paper cash. It's going to be a cashless society pretty soon, if not the next year. I hope this will at least ease our lives.


Nope, i disagree with you even how technology is developed  in the future and even how bitcoin would be a huge success in the future. FIat would be still there and  no one could possibly replace it since its well established already even  how you say there would be cashless but still you need money on daily basis.
8895  Economy / Economics / Re: How to save money. on: September 08, 2016, 11:22:05 AM
If you really want to save money, my advice to you is to keep your btc into your btc wallet and never waste it into gambling, hyip websites or this kind of thing.
yeah i think avoiding anything risky like gambling, hyip, ponzi and so is a good idea to avoid a big loss? I think it would be beneficial for the storage of your money? but other than that you need a plan other than to avoid gambling? you need to make a plan dude

making a good and proper plan and doing solid home work at your plan is very important to prevent yourself from these loses,
there are lots of scammers wiling to scam people. and without good planing you can be easily scammed.

Putting money in gambling or ponzi is not an saving money, its an one kind of investment that you are doing hoping to get some profits, better to put money in bitcoin and keep it for future.

Its just commonsense thing that  its not really saving up your bitcoin since you are investing  it on other things and risking it for more profits. Saving  is just keeping it totally and  should not be touched  or being spent in the long time.
8896  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: September 08, 2016, 11:19:35 AM
Wrong place to talk about this. This is not a drug forum or a dark web website. Besides, if you cared to read a bit about this forum, you'd be smart enough to stop doing drugs and talking about it Roll Eyes

Your right dude! this topic should be in the other section area not in this forum. Because Bitcoin has a good reputation at all that's why the price now is  high. if the community are not trusting into bitcoin the price value will not increase as we have now. But most of them believing in Bitcoin. Wink

Well this forum created for your queries and  no one could stop you from posting it even how bad it is because OP just want to know the opinions  of other users. It maybe a bad view for us  but  just be an open minded person theres  no really problem on asking this  type of question. Bitcoin is commonly used on buying drugs on darknet since it cant be traced by autorities.
8897  Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear? on: September 08, 2016, 11:17:26 AM
one good EMP aaand... sorry it's gone  Grin

You have a point though, if earth would be  struck by a massive EMP that would cause intereuptions for sure bitcoin would  disappear also to all those  things  who  depends on internet and other electric connections for sure but  i think its impossible to happen though.
8898  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a gift for a baby? on: September 08, 2016, 11:15:53 AM
It would be useless when the child is very small but when he / she will be out 10 to 15 years old obviously that gift will worth the most expensive gift ever because he could start a new life with that amount. If you gift that baby 1btc then after 10 15 years obviously the price of 1btc will increase many folds

Correct, he would definitely benefit  that bitcoin in the long run especially when  he grows up for sure the value of bitcoin would be high also for sure.
It may not benefited  him when he was only a baby but when he grow up for sure time would really pay. Smiley
8899  Other / Off-topic / Re: Have you ever lost Bitcoin? on: September 08, 2016, 11:13:07 AM
i have lost bitcoin and it was my own fault i invested it on a hyip site then the site ran with my money

That is the most mistake that many people does.  So after that usually people learn from that and always be aware
Before investing. Invest bitcoin is not efficient I think better to trading to growing up your money in bitcoin.

I assume that most of us here when we are still a newbie fall for that hyip sites for sure. Those sites are just promising too good to be true returns but in the end  they would definitely ran our money. Theres no such  investment  that could give you easy money.
8900  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: September 08, 2016, 11:10:35 AM
If you give me 10 bitcoin I will keep it in my wallet until it becomes more valuable. Other option would be to invest in casino bankroll as they don't really lose so that could make me some money aswell.
I also have many friends which are heavy into bitcoin so maybe I would invest into them, I'd have to weight my options.
I think today also bitcoin has been worthwhile dude but the difference may be for you bitcoin prices are not too high and it's good if you wait bitcoin prices higher. I think the house gambling will not always win. you'll know when you invest in a gambling site. I hope you found the experience


House does not win but they win most of the time, and there is no such gambling site than wins all the time of course. Gambling sites are profitable to invest because there are gamblers who does not know how to control themselves and put a bigger amount without analyzing their bets.

gamblers that dont have self control would  definitely loose large amounts because  in gambling  theres a higher risk on losing  your money rather than winning it. Investment on gambling sites would be good  but still you dont know what would be the result on your investment sometimes you are profitable sometimes  you arent.

Either you gamble with it or invest in gambling site its always risky as you never know what will end result be, but most of the times result will not be in your favor.

Result in gambling is usual and that is lossing your money for sure. Unless if your lucky enough  you could possibly make such good money on gambling but the  situation is not on your side as always same as  they said that results are not  always  on your favor.
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