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Majority of People from India are not aware about the bitcoins yet, and even if they have heard about it many of them prefer to stay away from it as they lack knowledge how to get into it and start using it.
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I recently joined a signature campaign and I still do faucets on the side. I'm not yet making that much in terms of earnings, but this is a good start. I also buy and hold some bitcoin and will wait for further price movements to decide whether I'll hold still or sell at a higher price.
I think not a problem if you are still using only faucet for extra income and not for primary income. I also still use faucet but only occasionally for extra income and it's quite helpful I also sometimes use a captcha was nicer than faucet To earn money with Bitcoin you have to sell it or you have to trade it and that is not that easy because you have to know what you are doing otherwise you are losing money. And that would be bad so the best thing that you can do is that you have to sell it when the value is high. To sell he needs to buy first or earn first,and selling it not the solution, we are talking about how to earn money on regular basis, rather then selling try to grow your coins and sell only when the right time comes. |
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cry all day long.i cant imagine how big is my losses would be if the price went on that. but im confident that bitcoin will never go on that price,
As long as there are still people who believe in bitcoin and collecting and using it, the chance of the price to drop that low or perish is small...The more the investors invest in it, the more they will have a hard time leaving bitcoin.. Yeah bitcoin is here to survive for a long time and it will never fall that low in future, as bitcoin is in growing stage now and it will achieve new heights in coming years when it will find many more new users. |
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My biggest and even worst mistake is gambling with the coin i lost so much i went to cry. Better was if
i hold the coins to wait for the value to rise but that's to late everything is gone. Stupid gambling people don't gamble.
sounds weird but its all true, even me crying after i loss a big amount of btc, but now i dont engage on any ponzi or gambling which will bring back my old memories. That's good to hear that you have quit gambling and not depending on it to earn money as majority of the people have done the same mistake with bitcoin to multiply it in quick time which is not the right way. |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising  So, how about you? I use Bitcoin as an investment like so many other people do. I sometimes buy Bitcoins and sell them when the price is higher so I can make a profit. But like most people I hold on to my Bitcoins for the future prices. The most people are doing both and that is because the value is not even that high and they want to make some profit and they use it also as a payment method. And that is quite nice for the future because it is also getting more digital and that is perfect. Its better to grab all the benefits that bitcoin is offering us, it is best as a currency and it is best too as an investment, depends on an individual how he wants to use it. |
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If I dump my coins at this stage then it would really worst decision which I will keep on regretting in future, I will sell my coins only after it crosses $500 mark.
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Sadly i can said we will not touch $500 until end of year maybe after new year in the middle of january, price will rise slowly but sure.
Good that the Bitcoin price is rising again, we are going to hit $500 sooner then later. 2016 can still be the year of the Bitcoin if the price continues to rise from here on. Yeah this will be the best year for bitcoin in compare to the past, as price have started to move up now and we will see best value when we get closer to halving. |
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To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
One of the obvious reasons for me not able to spend bitcoins is of course not availability of merchants for all the goods and services that accept bitcoin.The community should find ways to convince merchants to accept bitcoin Merchants should be aware that there is a payment system like bitcoin, then only they will implement it, if they are not aware then it would be difficult that they will start using it. |
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Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
I also have spend some coins for online shopping or a bit of gambling but I did not spend that many. I know that I can make money with Bitcoin so I try not to spend to may Bitcoins. If you are in any sort of emergency you should spend it, I spend only when I need it and that also is smaller amount,majority of them I am holding for halving. |
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the future of bitcoin is really bright in my country,i really believe that sometime bitcoin will be the number one payment in my country and of course in other countries.
Wow I rarely heard that bitcoin is growing rapidly in a country? may i know which country? I'm glad to hear it. I hope other countries could follow your country I am interested in this too. So far i knew it was growing rapidly online but in a country. Let's hope more counties will follow soon, because it is the time to grow for bitcoin. The growth of bitcoin will depend on the adaption level, and adaption will be dependent on awareness level, unless it is not achieved it will take time for bitcoin to grow. |
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So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
Yeah this is what most people are doing with there bitcoins just holding them for the future. I never spend my coins because there are not many things I can buy with Bitcoins that I personally like. As mentioned not much products were available for bitcoin right now. So holding or saving is the only option to get good profit as well spending bitcoins effectively. There are sites that have started to accpet bitcoin now but spending now is not recommended, if you save now you can earn higher profits by selling at the time of halving. |
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It depends on how fast you need it,as I believe in playing safe so I would prefer to start collect it from signature campaign as that is the best option for me.
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You are not asking much when it comes to looking for one BTC in a full year. You can collect from faucets and collect that much in one year with out any issues. I personally make about 3 BTC a year just playing around with faucets and such. It is nice and something easy to do. Just look around. I hopes this helps.
are you sure? you can get 3 btc from faucets? how much you can get earn from faucets everyday or you have many referral? Oh man this sounds interesting if that is true, as I always felt that faucet is not worth to invest time in, but if this is the case then will ask my gf to do it. |
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You never know what the value will be and that is the problem, it is a currency and that is impossible to predict for what will happen in the future later, and that can be bad.
But lets hope for the best thing that can happen later in the future and that can be nice because the halving is also coming and that can be also very good for us.
no people can predict with 100% accurate, the future is near, today bitcoin open bazar open for bussines user, so in future im sure more people will interesting to use bitcoin. Yeah but I think bitcoin still needs a promotion at a higher level which well draw attention of more users towards it, and I think bitcoin will last atleast for a decade. |
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I had to choose both. Why? because the buy and sell bitcoin then we can benefit. if only to sell or buy a bitcoin course we can not make a profit. it is my opinion and I would appreciate any opinion other people here.
it means, whether at this time you prefer buy or sell? because at this time the price had reached $450. I myself have to buy and hold to wait for it continues to increase to $500 Majority of people are buying at a moment, as price will move up at the time of halving and everyone can earn higher profits by selling at that time. Some of them might be selling who bought at the price around $250, and I think this is the best time for them to sell some part of their coins and hold rest for the halving. |
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I do use it to top up my mobile phone. It is easier to do and the company I do it through give a discount for doing it using bitcoin. So it is a win for both involved Ha ha ha, I would like to spend it actively, but I can't because they are no many store are accepting bitcoin. For me I just like to hold it for now. I don't really need to spend my bitcoin something that I don't use or really want. Same applies for everyone i suppose. Everyone is eager to spent their coins for real usage. But the lack of usage makes it good in times where the price is steadily moving up. People are not spending at a moment, they are just holding thinking that they will be making great profits by selling at the time of halving when price goes higher. |
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i didn't ever store gold for investment although gold already exist long time before bitcoin but currently i think holding bitcoins will more profitable than gold because i don't understand for predict gold prices movement so it's too risky for my to investing gold
Investing in gold can give you benefits in long run, and I don't think that its risky to invest in it, but investing in bitcoin at present is the smart decision. |
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As I tell everyone I know, BTC should be a PART of an investment portfolio.
It's extremely high risk, and therefore, high reward. But I don't think anyone should be putting all their eggs in 1 basket!
Every investment should never be made on bitcoin alone as mentioned, if for a short the investment is concerned without doubt he can buy as much now and get the profit within weeks. The first thing you have to do is to make a diversify strategy. How much is 1 BTC compared to your funds. Then make sure to invest partly in bitcoin, stocks or any other type of investment. If 1 investments fails (yes that happens too) you got some extra Diversification is always good, but I believe buying one full bitcoin at a moment can be a good decision, as price will go higher at the time of halving, so we can sell at that time and earn profits. |
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Bitcoin has more bright future because it is one and only true crypto currency which getting attention from community and soon it will go to the moon.
bitcoin is bigger currency then others as it is oldest. and future of bitcoin is very shiny no doubt. but other crypto currencies also getting peoples attentions.. and getting popular as like bitcoin. and bitcoin is more strong because of the other currency. they are support and helping each others. In value bitcoin might be a bigger currency, but its not the oldest currency. When compared to most of the other currencies in the world bitcoin is so young. I think in future bitcoin might known to most users. Bitcoin is gaining popularity at a moment and it will much higher at time progresses, So I don't think there is anything to worry regarding the future of bitcoin. |
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huge panic will take place if it happens. I think it is difficult to go so low price of $ 1.
Only possible thing is if there is so much panic that everyone sale, only then possible
I don't see bitcoin falling that low in coming years, that simply impossible, we we experience much higher price in future when bitcoin will be used globally. |
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