Best way is invest money in bitcoin if you are using it as currency, but if you already using bitcoin as investment, so do it, invest, stop saving.
I'm quite confused with what do you mean investing or using bitcoin as currency, because bitcoin isn't an invesment like you say. bitcoin is digital currency but you can get profit when price up. the possibility of what he meant, if you are using bitcoin as currency is the best way to invest, maybe like doing trading, because trading is profitable. Trading is risky and you need a good capital to earn considerable amount of coins in a daily basis if you are into day trading. The best way to is just to buy bitcoins in regular basis and keep that in your wallet and wait and pray that the price will continue to rise. yes trade risk. but there are still many people who do trade and make a profit. so you do not have to worry about it. all can trade well, just need to learn and have a good knowledge and strategy. do not need big capital, you can do with a small capital to trade altcoin Exactly, trading is the good way to make money on regular basis, and I think that many people are depending only on trading for living. High risks are also there in trading, because large amounts will be lost within very short period. Higher rewards comes with higher risks, if you cannot afford to take risk then you can never make good profits, and you should take that extra risk once in a lifetime to earn more. |
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I do not know how to get rich otherwise I would not be using Bitcoin. The most Billionaires all dropped out of school and started something for them selves.
So go start your own company if you want to get rich.
Success stories are not created everyday, if you want to get rich then you need to work smartly and you also need to make some investments in order to get rich in future. Yeah investments play a big role in getting rich. So one need to be very careful in doing the investment and other thing is that you need to work smart and continuously for being rich than just depending upon bitcoin for the earning. Only bitcoin will never make you rich, you should be ready with multiple investment to get rich in future, but for that you also need to work hard and make continuous efforts. |
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Price of Bitcoin highly matters, because more users have several investment plans in accordance to the price and earning got from the bitcoin. Another reason higher the price higher will be the attraction towards bitcoin from the common men.
Yeah price does matters, everyone is waiting to see higher price in coming months so that they can sell at the right time go make some good profits from it. Yeah the price is very important, it is the price that attracts all these people and what is deciding if people are going to buy coins or sell them. So the price has a big influence on the users and everything. Yes, the trader's decision is purely based on the current price if how they will make their next move of buying and selling. With price monitoring they can able to make a plan and strategy to earn profits thru trading. Yes and even who are not trading they also keep constant watch on the price of bitcoin to see whether its moving up or down, so price does matter to each and everyone. |
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I would buy all that I could and wait for the great rise to make my profit
The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range. yeah, going down to $1 means 99.78% price decline which means only one things: jump back. also buying 100 bitcoin means investing only $100 which is not a big deal at all but even rising to $2 after that means 2x profit. but it is all hypothesis and only happening in a parallel universe! Yeah its impossible to fall that low, we can imagine that it can fall to $100 in future, but $1 is unrealistic, and if it falls then I would try to collect as much possible for me at that stage. |
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Until people in general actually feels the need to use crypto currencies, mass adoption will just be a dream, or a hope at the most. There's no actual demand right now and maybe part of that is the lack of knowldege, fear over uncertainty and instability.
As mentioned fear of uncertainty and instability is found over most of the bitcoin users who had put lot of their hard earnings. Digital Currencies have not reached people as high as gold or other commodities, when digital currencies become common adoption will happen than the present. But for that people should have faith in bitcoin, unless they don't have total faith in it its difficult to see them investing their money, bitcoin needs a promotion on higher level. Faith in the unseen is sometimes really hard for people. They live in a traditional way of seeing something before believing in it. That is why growing of population here is so slow. They want something to hold on to. do you mean because they are not believing in bitcoin and because of that bitcoin not grow? i think you are wrong bitcoin in 2015 has growing now we can see many companies has accept bitcoin as a payment. I think that mean why people are just quiting and not using Bitcoin anymore. I think it is because it is not what they expected it to be. I think they expected to make much more money with a bit more speed. You cannot build Rome in a single day, it requires hard work and patience to earn more, and if you don't have patience then you will surely suffer from huge losses. |
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you have a majority of options, you can buy bitcoin using flat currency. and if you dont have money to buy then you should join signature compain, as so many people are earning bitcoin using signature compain
Sorry dude, i don't wanna affront your word, but you use wrong word. Campaign not compain dude. Maybe rather than you buy some bitcoin, it is better you earn it by signatures campaign. Every week you can receive at least 5 until 15 minutes. Words not matter here every one will do mistake let's take it easy. But what you guys said it's correct in signature campaign we can collect some bitcoins but it's very late process one person join any campaign means maximum they can make 0.2 btc so like this you started means that too if you are hero member or later you can make this or it's very less amount so try to do trading with small amount it's risk but you can make some profit here. Yeah if you have good strategy in trading then you can earn good amount of money on regular basis, but the fact is sometimes you may even loose if you take a wrong decision. well, trading like anything else has some risks too. so if you don't like the risks you can stay away. but it is not that bad because one good thing about trading is that you can prevent big losses just by selling soon in case of price drop and have things like stop loss to prevent it. Trading surely involves some risk but it depends on you how you play with it, good skills and good knowledge will allow you to make more money over a period of time. |
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Customers should use it because it is the future currency which will be used and accepted everywhere and which can also give them higher return on their investments.
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Yes I think the most of us here are waiting on the halving because the halving is gonna be very good if you ask me, it has such a good future a head with all its events.
Selling is not good right.
If you will never sell then how will you make profits from it and then what is the purpose of earning bitcoin? You should sell if it is allowing you to make some profits. |
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350 will be to hard to maintain for a safe zone. I expect it to be somewhere between 300 dollar. Which is still 100 dollar more then the last low (200 dollar) which we achieved last year. So overall it is a good and positive thing.
Nah 300 is way to low for the new bitcoin low. I guess the low is somewhere around 330 dollar. The lowest price we saw after the halving was around this area We were stable at $385 for a long time and started to rise from that value. So I think $385 might be the low bottom of bitcoin. It would be nice if that can be the bottom because as you can see now the most people are also hoping that the value will be more worth and that would be nice. But you only never know what is going to happen with Bitcoin and that is the problem. As you can see now you see that the value is not even going to that high and that is because it was already stable for a long time but you also see that the value is going to be higher slowly. And that is nice for the people who already have Bitcoin maybe they can earn profit soon. Price will keep on rising for next couple of months until we reach the halving stage, but after halving if price falls down then maximum low would be $350 nothing below then that. |
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It would be bad for you if you are going to full time on Bitcoin and that is because you never know what is going to happen with Bitcoin and that is the problem.
So you life will depend on a currency and that is bad because than you cant also control your own life.
Yes and I don't think that is the smart move to make at this point, price is not affordable to quit our full time job and get into bitcoin and if price falls extremely in future then it will difficult to take care of family. |
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In my country only in bali you can spend bitcoin to buy food because i'm not life at there so what can do spend bitcoin it's only for buy steam code not daily but once in a week.
Were I am from I cannot spend any of my Bitcoin at the local stores. So spending my coins is not a option but this is also a good thing because it helps me to save coins easier. I do wish that in the future I can use Bitcoins to buy things as clothes or food. It is not the best thing that you can do because the value is now not even that high and that would be better if you are waiting a longer time when the value is higher. And you also dont even know what you can do with Bitcoin and that is the problem, but it will happen soon that it is going to rise. If price goes higher in future then I think selling would be better then spending, as if you sell you can hold more value of fiat which can be more profitable. |
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bitcoin can't replace the dollar until people stop exchanging their bitcoin into dollars
Even if people will stop exchanging, some compare system will be needed for bitcoin anyway. Bitcoin can't really replace dollar anyway and it's true. Yeah you are right replacing dollar by bitcoin is really not possible, but for bitcoin there is chances that it become a global currency and dollar come back to its home land USA, but dollar will still remain there. It will not replace soon and of course you see that the value is rising slowly of Bitcoin and that more people is using Bitcoin now and that is of course good for the currency itself. But there are still a lot of people that is using Dollar and dont even know how Bitcoin works and that is the problem. And that problem will always exist even in future if bitcoin get on mainstream there will be many people who will prefer to use dollar as they find it easy and more convenient. |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. |
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That is unrealistic dream to see with opened eyes, it will never go that low in future, we will see much higher price in future as user adoption will go to highest level.
I would buy as many coins as I get but it would be weird because no one is going to expect this. I would find out what the reason behind this is. If it is true then I would just buy some coins. Majority of people will do the same I guess, buy 200 coins worth $200 and just forget that you have invested your money in it, who knows what will be the price in future. |
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Large groups of well paid, organized, funded professionals with clear objectives and good management - (like R3, hyperledger, ethereum, others) are sure making those Core programmers look like the silly little whiny bitches that they are. Core is going NOWHERE and getting there pretty damn fast. Meanwhile, very sophisticated advance is being done every day in other part of crypto/blockchain.
This is 100% the end of bitcoin as we know it. Good thing too. This 'open source', 'no leadership', 'no organization' thing was always a load of bullshit.
You have to accept, that Bitcoin is the first and the number one crypto currency with the biggest community and it is here to stay. Exactly it will not disappear so easily, its still in its younger age and it will grow over a period of time, and it is dead only in the minds of people who were not benefited in past. |
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I dont really have a plan to get rich using this currency. And I really think there is no chance for me to get rich here. I dont go really deep in what is in it. But I know there is success in my day job.
actually bitcoin can make someone rich, but it was probably only for people who have a good strategy in getting bitcoin. Also and it was special to the person who really go full time for bitcoin Yeah and if you are working part time on bitcoin then you cannot expect to get rich with it, as if you want to get rich then you need to hold huge number of coins for future. |
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Lots of opinion here are great but i dont know how to start it. this is my first time to find source where can i get more bitcoin im just one of the faucet bitcollector.. but i only earns few cents..
Faucets are good at initial stage but it is very time consuming, but you can grow your account take it to certain level and join good signature campaign. build account can take a long time, probably about 2.5 months to get a better result in the signature campaign. My advice to buy a potential account at a low price, if you really want to seriously join the signature campaign. Yes buying directly high rank account will be an good option, as you can start earning bitcoin as soon as you join any campaign and you can recover your money in short period. |
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Uh, sure. But don't stay at your PC the whole day. Work at McDonalds and you'll get way more than $150 a week.  once you work at McDonald , try to invest some of your salary into bitcoin. If they have reach enough fund, try to make online shop and start shipping globally with bitcoin as payment transaction. With enough advertising and marketing things you will got many orders ! Having a job might be a good choice, that would be cool if you have 2 jobs, 1 job in real life and 1 job in online, anyway the fastest way to earn ,3 bitcoin weekly i think from trading,trading bitcoin to fiat or vice versa, it's less risky than trading altcoin Yeah trading is the best way to earn money in short time, and the risk factor is less if you have good skills and good strategy to follow. enough with a 1 BTC, and you have a good strategy in trade. I'm sure you can make 0.3/week. because my friend did the same. although not every week, but sometimes it can make 0.3/week Trading is the best way to earn that amount, no doubt there is certain level of risk but if you are smart enough then you can make good money on regular basis. |
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It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,
Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins. Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon. If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice. Yeah spending them is not the smartest thing to do because you can earn some money with it. So when I want something I like to pay with Paypal or creditcard. I prefer to convert with fiat money and spend it on real, because it would be more fun, rather than spend online. Yeah and I think right now we only have that option of converting it to fiat and then spend, but we will see many physical shops that will accept bitcoin as a mode of payment. |
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We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
Yes, i would say its really worth a lot. I started with bitcoin a year ago in march when its price was roughly $220 now 1 btc is almost the double so obviously they are worth alot to me. Yeah even I am one year old on this forum and that time price was around $250 I guess, so I am already into profits at a moment and it is really worth because the value keeps on growing over a period of time. |
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