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9021  Economy / Economics / Re: Best way for steady income on: December 22, 2016, 02:44:54 PM
In my opinion, the best way for steady income is to have a proper job, while doing some alternative jobs/income like bitcoins. Doing business is ok as long as it can manage in a good way.

Some business minded people says, Let your money work for you. .
 
Of course, we work and get salary and buying bitcoin is best way. Currently the best way is to work or trade, if it relies on speculation, HYIP or gambling must be ready to risk. sometimes trading HYIP or gambling, I did, indeed proved a bitcoin can produce in a short time.

Yup , trading is a good source too.
Trading is one of the best way to have steady income since you can do day trading and you can earn good amount of profits if you know how to play the game. It is better if you try trading rather than doing gambling or investing on hyips. If you don't have capital to start trading then you can start saving money from real world and then convert it into bitcoin and invest it in a trading site.
9022  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: December 22, 2016, 02:37:48 PM
Let's cut the crap. Most of us are just waiting for Bitcoin to finally hit $100 to buy a huge quantity. Am I right or talking out my ass?

Actually no, I am not expecting to bitcoin down on 100$.Because, I already bought some btc when it was 400$+ and now it's near 800$.So,I am in good profit.If bitcoin price goes down I will buy some btc for sure.But I don't want that price goes down like 100$.
Yeah you don't like that $100 price because you will get a huge loss in your investment but if you are just getting started in bitcoin and you can see that the price is very expensive for an average person then you can't deny that you are wishing for bitcoin to reach $100 per piece but to make things clear, That target cheap price for bitcoin is nearly impossible since the price is getting higher and higher day week after week and i doubt that bitcoin will reach $100 because most of the whales will do their best to just maintain the bitcoin price at least $500.
9023  Economy / Economics / Re: Reason why you should Buy bitcoin now on: December 22, 2016, 02:30:04 PM
You should buy bitcoin now because the price is still going up and it climbs higher price in just a few couple of days. If you want to earn some profit you can start buying bitcoins now and wait for another days and then if the price continue to rise up then you can sell your bitcoins to assure your profit but you can also hold it for long term because it is the best way to earn great amount of money using bitcoin Grin.
9024  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: December 22, 2016, 01:24:45 PM
Since the massive growth that bitcoin has seen over the past couple of years it became very popular among the internet users especially for those who are looking for an extra income, it is indeed used by many people so it is considered a global currency but it is unfortunate that governments do not see so.

You see because of the nature of bitcoin and how decentralized it is it became something they cannot control that is why they refuse to make it as an official global currency.

I also think that it has grown a lot and that it has a great future but we can simply not become a global currency that is just not possible without any doubts.

It is already grown a lot and it keeps on growing each day that is passing by. It can be a global currency even there is no law with it as long as all of us are agreeing that we need to keep on using bitcoin then for sure we are going to have a lot transactions with bitcoin. Then that is going to make it as a global currency.


   Bitcoin is global currency and I think its the only way in which bitcoin can survive, to be international. If we tie bitcoin for any country that can be the end of this freedom we have now. Do you think that bitcoin can work just in one country? What will happen with bitcoins in that case? As I see here there is people from every country in the world, that is international.
   Yes for many of us bitcoin means extra income, but through that we learn about alternatives, world economy, some people find bitcoin very helpful in sending and saving money.
Bitcoin is our currency, there's no government that regulates it, we have to support it to continue to grow and a massive adoption would always help. I see some businesses are already accepting bitcoin but I am not satisfied yet, we can grow more.

You are not satisfied because the fact that many stores and merchants are not still accepting bitcoin and government is not even agreeing that bitcoin is going to be used globally. Don't worry about that as long as the market is keep on going, we don't have to think about it too much, let's just keep on supporting bitcoin and the adoption soon will be massive.
Let us nor hope for mass adoption over night. Bitcoin could not handle it. We need a better infrastructure and that takes time. If tomorrow the whole world would start using it we would have a problem as the transactions per second are to low. The fees would explode and the price also. This would make Bitcoin unattractive and people would look for alternatives. That would end just in a big bubble. 
You have a point, We don't need that massive 'instant' adoption for bitcoin because it will make things worse or ending up in a worst scenario for bitcoin because that 'massive adoption' needs a great foundation and if bitcoin is not prepared for that massive adoption then it will make the transactions very slow and it will result for people to abandon bitcoin since it has a very slow transaction and bitcoin will become useless because of the heavy traffic. You're right it takes time for young bitcoin to be ready for that massive adoption, It is better for bitcoin to have piece by piece adoption rather than instant massive adoption Roll Eyes.
9025  Economy / Economics / Re: Why the big whales are not cashing out? on: December 22, 2016, 01:18:59 PM
If all or most of the whales will cash out or sell all their coins then it will be affect the market and the price and it can cause for bitcoin to touch $200 again or even lower because those whales have the large amount of bitcoins and if they do panic selling or massive selling on the market then it will make bitcoin's price cheap again.
9026  Economy / Economics / Re: Bitcoin worth to you or not... on: December 22, 2016, 01:13:16 PM
Bitcoin is really worthy, we can make a profit just by investing. That is the advantage from real currencies. Fiat has a fixed value so it is not capable to grow alone. But I am not saying that real currency is not important, it is worthy as bitcoin too indeed just in other ways.

Yes we should not forget that fiat plays an important role in the world . A currency can be a mirror of the economic status of the certain country . Plus we determine the value of Bitcoin through it . It's just that the nature of bitcoin gives us some advantages in life that makes it worth it  like the limited supply that leads to its volatility and the fact that no one controls it but the users itself .

Bitcoin now is my only way to get at least some money, with this rank I am making like 100 € per month and it's not bad in my situation when there is no other work.

Do you trade the bitcoin or just save it?
Normally when you earn because you are working, you can just easily convert it to fiat to spend the money on your real needs and wants in life. I do earn as well but I make it a point that I have to allocate a certain amount for my future, and I do it by simply saving my bitcoin and hold it longer.
That's a great decision, Saving more bitcoin and holding it for a long term is a great move for a wise bitcoin user because we can see the effect of long term in terms of bitcoin's price. If you buy bitcoin for a cheap price and you are holding it until now then you can see that you already earn a lot of money, that is how long term is the best for bitcoin especially for those savers or holders Grin.
9027  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: December 22, 2016, 12:48:36 PM
dude with 12 btc in hand dont invest in anything ,keep them in a cold storage and wait until the price of bitcoins goes high withim the next 10 years and sell them at  a high price ,so enjoy it and if possible earn through signature campaign which is more profitable .

It is better if he is going to invest in anything that is profitable but don't include those hyip's and cloud mining for they are just scams.

Just like we have been hearing to those professional investors, don't invest in a single investment.

You can invest in everything as long as that can give you decent amount and you have the time to monitor it even just a day for a week.
That is right, Do not invest in Hyips or cloud mining sites because they are all hyips that will turn to scam later or sooner. IMO, It is best if he will invest that amount on trading altcoins because it is more profitable because most of the altcoins are very volatile to its price and that is the best for a trader to make profits.
9028  Economy / Economics / Re: Invest your bitcoins. on: December 22, 2016, 09:36:13 AM
Each and every day the so called investment sites are appearing offering people incredible profit. So, be careful if it sounds too good to be true, then probably it isn't so stay away from it. Many offers sound tempting but think with your own head. It's better to go for low but secure profit then losing everything.
It so hard to find investment site that guarranted for not to be a scam. I think trading is the best way to invest our bitcoin, no scam and no limitation of profit.
I Don't think So , because I think we can determine whether a site is looking to scam.or not .
First of all we need to see the Profit chart offer by the investment site if profit is more than 5% per month then it will be scam .
Well here we have a list of investment in casino sites where your profit/loss depends upon the bet of gambler at that site to win/loss and vice versa .

That is right. If it offer too high profit, it is a scam.

Not necessarily. If you know how to invest well without blindly plonking down your money, you can make a great deal of a profit. All you need is a little effort. Don't work for money, make money work for you.
I would invest my bitcoins in studying because with enough money i can buy all the books i want to buy and want to build a career of my own and live a very enoughable and healthy life .

   One of the smartest things I have seen in this thread, investing in your knowledge, schools is the best choice that man can make. School can take time and money, poor people need to waive on many things, but that will pay out one day.
   If there isnt any profitable and safe investment in the moment, school is the second best choice. That is better then risking your money on some investment where you can lose all your money, knowledge from school stays for the rest of out lives, and that knowledge can bring a lot of money and food on the table.
That is right Cheesy. Education is the best investment that we can make because if we continue studying then it will give us different new ideas where we can conclude to make a stable plan that can help us generate massive amount of profits. Investing in education can make us smarter in doing heavy decision. All you need is determination and patience and after those hard works it will pay off.
9029  Other / Beginners & Help / Re: Earning for post on: December 20, 2016, 02:19:28 PM
Can i earn for quality post?
I have read somewhere in this forum that i can earn by posting good stuff here. Is it true or i can earn in the forum just by donations or by something else that i don't know so far
Yes, you can earn bitcoin for just posting good quality post/comments here in our forum. You just need an account that has at least member rank account, So if you don't have that account then you can get to that rank by posting here regularly. If you want to some infos you can explore this forum and read different topics from different sections and if you want to share your thoughts you can just post a comment then you can earn activity which can help you to rank up, Then if you reach member rank then you can join to different signature campaigns out there, Just simply choose one and obey their rules and don't forget to post good quality and there you go, You can earn bitcoin by just posting your opinions on different topics here.
9030  Other / Beginners & Help / Re: How can I do trading? on: November 25, 2016, 04:44:26 PM
Before you do trading, make sure that you know what are the risk that is involved in trading. Trading is not what you think that will help you to earn easy money in a matter of days or even weeks. Most of the times, it needs a lot of patience for you to pay off. Like bitcoin trading, if you want to earn good amount of money then you need to wait or hold it for long term so you can reach your goal or have that big profit that you are looking for.
9031  Other / Beginners & Help / Re: Beginning with bitcoin trading on: November 25, 2016, 04:24:44 PM
Bitcoin trading is one of the profitable way to generate more money or bitcoin because we know that bitcoin or any crypto-currency is very volatile to its price and most of them are unpredictable since they don't take controls from government or any high officials. Just continue studying about bitcoin trading and who knows maybe bitcoin trading is the one that you are looking and will help you to earn some easy $$$ in the future. Just patience and determination Grin.
9032  Other / Beginners & Help / Re: how to complete one btc fast? on: November 25, 2016, 04:15:37 PM
You can complete one btc in a slow process in not that fast like you think. Patience and determination is one of the thing that you need to have in order to get one bitcoin. If you have high rank account like Full member rank or up, then signature campaign is one of the best option for you to earn bitcoins but if you don't have but still you want to make or earn bitcoin then try to sell your skills or do freelance and earn bitcoin without requiring high rank accounts. Even though that is the only two ways to earn 1 bitcoin slowly but those two ways are effective. You can still do some research on most effective way to earn bitcoin or you can explore and read some articles from this forum that might help you in the future.
9033  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: November 16, 2016, 03:12:14 PM
Don't waste your bitcoins by investing it on different scumbag sites like HYIPS or Cloud mining sites because they will all turn to scam in the end of the day. If i were you, I will just hodl and keep saving more bitcoins because the price is still rising and $1k price is not that hard to reach. The right question for this thread is where to invest MONEY? Not BTC. Invest your money on bitcoin and not in those scam sites.
9034  Economy / Economics / Re: Chandler Guo : "Bitcoin could reach 1 million dollar" on: November 15, 2016, 03:40:03 PM
“But finally, I tell them, just go back and buy Bitcoin. A lot of people don’t have Bitcoin...Not too much. Only one is enough. If everyone would have just one, the Bitcoin value would go to $1 mln. When Bitcoin becomes $1 mln, the whole world would be crazy and everyone would love to follow and all the other digital currencies would just be the grandson of Bitcoin.”

You can see the video from a couple of days ago here : https://www.youtube.com/watch?v=Zh_mQl2B6es&feature=youtu.be (0:00 to 2:00 should be enough but you could continue)


Another  insane  speculation on which the  price  is  too unrealistic to consider. As others said  here if that  amount would reach  then we are all dead and  our grand grand sons would able to witness that  event but  i really dont think that  this  things would happen  because  saying $1m/bitcoin is  no joke and  assuming that all people  are already using  it  globally and  would be the mainstream for sure.

I agree, just releasing words without any substance in it.  I would believe if he will say bitcoin will reach 10k USD but 1 million, I doubt it, I can speculate that we are using other cryptocurrency or another cryptocurreny had replaced bitcoin even before it reach half of the value of what the video is saying.
That's right, 1 Million USD price for 1 bitcoin is very over price and almost a fantasy because bitcoin will need a lot of time to reach that and somehow even before that 1Million price, bitcoin is starting to die and most of the miners are shutting down their mining rigs because of the very high mining difficulty and that price will just considered as a fantasy.
9035  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 15, 2016, 03:30:48 PM
I think its possible to be rich with the help of bitcoin because we all know that bitcoin gives a great opportunity for that kind of dream, we can start at a low capital and somehow if we have determination we can grow that small capital in something big and month after month we didn't expect that we will earn good amount of profits which slowly getting our dreams come true.
9036  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: November 15, 2016, 03:17:05 PM
I think yes, Almost of the people will use bitcoin as a one of their primary currency since the bitcoin is getting more attention every year. 6 years is still a lot of time and many things will happen and i think one of the things that might happen is bitcoin will be adopted in various big countries and bitcoin will be adopted continuously by the following small countries and the world might change with the help of bitcoin.
9037  Economy / Economics / Re: Best way to manage money? on: November 15, 2016, 02:58:05 PM
One of the best way to start managing money is to set a goal for your action. What is the reason why you want to manage money? Do you want to solve your current financial problem?, That is the few questions that you need to ask to yourself before you start managing your money because if you don't have a strong or valid reason then it will be just a joke for you to start managing your money.
9038  Economy / Economics / Re: How good are you at managing your money on: November 15, 2016, 02:17:32 PM
If i will rate my self on managing my money, I will said that i'm above average because i know how to prioritize my expenses and i know what is the right thing to do in financial problem. I always save some few bucks on building emergency funds to cover at least 5 months of my monthly expenses and i already open an other account on banks to separate the saving account to another one. Now, overall i'm satisfied on my progress on managing my money because those steps lessen the financial problems that i have.
9039  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 15, 2016, 01:35:51 PM
bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency

Right now, bitcoin is increasingly adopted by all because of its good feedback among the users. All we need to do now, as bitcoin users, is to promote bitcoin to many people so that we could come to a near possibility of making bitcoin as a global currency, in a sense that we could make transactions across borders with the use of bitcoin as payment.
you're right bitcoin is growing because of the feedback of the users like us that's why they're investing in btc the more investor the more btc will grow. todate bitcoin is known as cryptocurrency that's there still people who don't know about what is bitcoin. that's why im encouraging my friends to invest in bitcoin to gain profit which is a good start for a new user of bitcoin Smiley


Indeed mate.. because of us we're encouraging some of our closes friends and relatives to invest with bitcoins and that's why we are growing.. however, it may sound appealing to others but some don't seem like they interest with it. So I believe it would really take a lot of years before bitcoin will become a global currency.
i think the way many of us represent bitcoin to their friends need some improvement. also if you hear it from just one source you tend to be careful, but if you hear it from different sources you might get interested. another problem is the information you find if you try to find out about bitcoin on your own. we could and should improve this.
I believe it's easy to encourage a person if bitcoin is his interest, only a person with open mind will be able to understand and study bitcoin and eventually will adopt on it. Bitcoin is for everyone but not everyone can and will adopt on it.
Yeah, It is very easy for people to adopt bitcoin because of its unique features which can help for faster transactions and cheaper fees than the traditional transactions that we made offline. We don't need to encourage people to adopt bitcoin because if they want greater chance or opportunity they will find something like bitcoin.
9040  Economy / Economics / Re: panic selling on: November 15, 2016, 01:20:00 PM
If all traders will be in panic selling definitely btc will hit a big dump.
When btc dump altcoins pump, thats the good thing will happen also.
So its good to invest your other btc in altcoin, and never put all
your money in just one basket.
Why would all do that? It will only happen if there is a bad news about bitcoin and it was confirm that bitcoin will become worthless, though majority will panic selling but if the whales are here to stay bitcoin will still rise, that is how the game is being played here.
That is right. Panic selling only occurs when there is a confirmed bad news about bitcoin and most of the traders or holders want to escape from that bad news and secure their profits so the panic selling will appear and make a huge dump for the price. Even though the panic selling is happening it is still good for investors or long term traders to buy a lot of bitcoin by just grabbing that dumped price that is made by the panic sellers.
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