I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Yes, I agree with you, employment is only to those who are hardworking and ready for the future hardships. bitcoin really helps people out of unemployment since they can have work online and collect money thru bitcoin. it also leads to good life, unlock your life to the close doors on you debt. Also helps us to use more of our skills here than in real world. But then where countries that banned bitcoin due to its features that affect the total economic growth of the country. bitcoin give the good income for those who in the Jobs that have low salary , but also bitcoin can help those who have a job to have an extra income like a partime job . Bitcoin is for all and can have so many hidden talents which we have to discover. Bitcoin is highly potentially active. |
|
|
|
|
There is a saying that money attracts money, I believe in it. One can make money from money is the basic concept by which actually the all investment works on and all investors Laid investment on. Money is the very first requirements and to fulfil that requirements person need a regular supply of income. Which is only possible if have a stable job. Investing in bitcoins can make your money doubled tripled the best way. Bitcoin is continously growing and is now the talk of the world. So any investment in bitcoins or in any cryptocurrencies is not a waste.
|
|
|
|
I think rent and food usually take up the largest chunk of a person's paycheck. Rent costs usually can't be changed so food is the first thing most people focus on. Value meals at fast food restaurants are what many would resort to. There are recent health trends which claim fasting 16-18+ hours a day can have a healing/regenerative effect on a person's body. Fasting can also help reduce cost per day spent on food and have health benefits as well. There are a lot of little things a person could do to save money on food. Buying a 5 gallon jug and filling it with potable water at supremarkets rather than buying starbucks coffee or something else. I think they charge around 50 cents for more than a gallon of drinking water which is much cheaper than 50 cents for 12 fluid ounces of what you'd get in a can of soda.
Cost savings extend to entertainment. Doing things for fun that don't require money to be spent. I never took any of this seriously but I did save near to $10,000 inside 2-3 years, once. Just by being a boring person, not going out all the time, with my main source of entertainment being hanging out at a skatepark trying to learn new tricks on a skateboard.
I think anyones most expense is in on food, like spent most of my daily allowance in food almost 60%, Then I would say about 10% in for my transportation fare and 15% for gaming in some internet shop or load for and another 15% for saving. The truth of course is that emergencies are bound to happen and we cannot run away from them, and this is why savings can really be of huge help in situations like this. Definitely, savings should be planned because I have always believed that investing is far better than just saving everything in a bank. |
|
|
|
I think this is what we called modified modern future of technology in world. It is really interesting that bitcoin has came closer to the international currency payment option visa. Cryptocurrencies in a very short period has crossed every milestone and continue to achieve more. Whatever it be gold, Dollar, everything is left behind by them. Bitcoin is continously growing and so as other crypto currencies hence there will be a time came when people will invest in bitcoin more and more. So we will need more and more cryptocurrencies. There are still so many issues to be solve about cryptocurrencies and it is still young but it is slowly going up and even surpassing those companies that are existing for a long time. |
|
|
|
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
Well I don't know about others but I will spend it on buying some other cryptocurrencies as this is become an addiction now for me, I will spend that on other cryptocurrencies, as other than bitcoins there are several altcoins which also becoming famous because of the increasing prices and demand. Altcoins like ethereum is also shows a tremendous potential in the last few months, so I will spend the money in generating some more money. |
|
|
|
Hey folks,
I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?
Appreciate any replies,
First of all congratulations and welcome in bitcoin family. Well what you doing is perfect. I don't think you should try some other things.. As too many things may spoil your dish. I will suggest that you keep buying and holding them and sell them intervally when you find a great deal of your bitcoins. Bitcoins is a worldwide crypto currency that fluctuates a lot. Bitcoin is continously growing up and it's price are skyrocketting so you never know when it make you this rich that you never have to think about your passive income. |
|
|
|
|
I don't think so that cash is going anywhere else, until the next fifty sixty years. Cash is now being the most basic form used by everyone, everyone may do not have a credit card or a bank account but they do have access to cash. Cash us the most basic form of currency. Any cryptocurrencies or any other advancement will not replace it that easily. Bitcoin is continously growing up and it's price are skyrocketting and still very less people know about it. I think cash will not be replaced.
|
|
|
|
|
I will wait that day that someone will gift me one bitcoins. I will sell half of it instantly and than keep the remaining one. Because I believe in bitcoin and I have seen the growth in it. And am very well aware of the fluctuation in prices came in bitcoin. Bitcoins has a tremendous potential that it is showing us since its origin. Bitcoin is continously growing and hence holding bitcoin is very beneficial may be I end up being more rich. And the half which I sell, I will use that money to improve my day to day living.
|
|
|
|
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose. I am totally agree with it, bitcoin is a very fluctuating concept. Bitcoin prices fluctuates a lot, bitcoin has cover a long way from the day of origin but we can not deny from the fact that Bitcoin is still illegal and have some disadvantages. So there is no use to invest all your money in bitcoins which has no assured future. Nobody has seen the future and nobody knows what future has for somebody. Although bitcoin is now old but still it's a virtual reality we can not predict anything. But better to not to take risk. |
|
|
|
|
Bitcoins is a volatile currency, it's price drops and high in fraction of seconds. As bitcoins from the day of its origin is increasing and showing its fluctuating nature. Bitcoin is continously growing and so as it's prices and demands in populations. Benefit of bitcoin saving accordingly to me is first of all that bitcoin prices will increase it will benefit that the amount I bought will be less and the amount they reach on savings will be of high difference and high difference means higher profits. Bitcoin is continously surprised us with its benefits and advantages. And we can use it as a asset also.
|
|
|
|
I'm Hoeda From Indonesian. I just tried to join today.
First I saw the enthusiasm of my friends in the village who had already mined bitcoin. About 3 years ago, my friend once invited me to join him.
but I refused, because at that time I was studying and working in one of the bona fide companies.
so I do not have time to spare.
and now I have graduated from my college.
then yesterday I accidentally saw my friend on Social Media, he has been successful with his efforts. I started chatting with her, she said her success was due to bitcoin.
after that I am more curious and interested to join to bitcoin.
many new things that I have not known here.
Now what should i do as a newbie and howto get bitcoin BTC ?
I hope the members who have long joined here can share his experience.
success for all of us!!
First of all welcome my friend. I will guide you as being your senior here. First do a research on bitcoin and other cryptocurrencies. As it is very vast field. Learn about it, collect all possible knowledge about cryptocurreny. Learn before you doing anything to avoid lose cause sometimes we repent after we made a mistake decisions . So much better to learn and seek an strategy before you decide to start operation. As you said currency is so volatile we cannot stop it. So wee need to put some patience to learn when or what will happened on it after we trade or invest. |
|
|
|
|
Altcoin" is a combination of two words: "alt" and "coin"; alt is short for alternative and coin signifies currency. Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin. After the success story of Bitcoin, many other peer-to-peer digital currencies have emerged in an attempt to imitate that success.Many of the altcoins are built up on the basic framework provided by Bitcoins. Thus most altcoins are peer-to-peer, involve a mining process and offer efficient and cheap ways to carry out transactions on the web. But even with many overlapping features, altcoins vary widely from each other.
|
|
|
|
|
I think this could only be possible when the bitcoin will get acceptance, as bitcoins is still ban in many countries and consider illegal. So if there is no ban and legalisation in bitcoins in world. There are chances that more and more acceptance to bitcoins will come. Bitcoin is the largest trade directory of wholesale suppliers. Bitcoin can be used by than only by many people. Even now after 9years of its development, still many more names didn't accept it as a payment method, so bitcoin can only be accepted if it legalise and more high names come in order to accept it as a payment method.
|
|
|
|
|
I don't think so that there is any time to get panic in any case of bitcoins. As bitcoins allow their users transaction free from fees and many more benefits. While people's have made a habit of holding bitcoins. As the reason for falling of bitcoins is that the price of bitcoin is now below mining cost for a lot of mines. Once you have mines close down, they tend to unload their stored bitcoin, which causes a chain reaction. My sense is as of 1/19, that chain reaction is over and prices have stablized.
Personally, I think that the future of bitcoin is very bright. However, that does *NOT* mean that the price of bitcoin will go up or down. Bitcoin is a very useful medium for exchange, and I think that people should invest in companies that use bitcoin, but *NOT* in bitcoin itself. So there is nothing to be panicked.
|
|
|
|
|
For me I chose to be a investor. Investors are taking long-term profit but gambling can only be short-lived and you can lose your money and you can earn a living here, they're both risky and the only scam is to go to investors but to gambling wins and losing the ultimate destination. Gambling is addictive and bad habits.. Its never possible that a person always win. Gambling gives results in a minute, while investing required efforts and hard work.
|
|
|
|
|
For ne bitcoins is a very innovating idea. Bitcoin acts like an equity investment. The market value of Bitcoins has had wild swings in value and even a market cap.Bitcoin is a social network. The Bitcoin "community" is active and acts like other online social networks.
Bitcoin is an innovative payment network and a new kind of money.
Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator.
|
|
|
|
|
Buying and selling cryptocurrency is basically a new 21st century way of investing. It's like buying and selling currency, except Bitcoin is s digital currency that has no central authority.So, we have established that buying and selling Bitcoin is an investment. Now we go back to your original question, is it gambling.Investing is gambling, when you buy stocks you could lose your money if the company goes bankrupt or if the price per share goes down. It's not gambling in the traditional sense, but it could be said that it is “gambling”.So yes, Buying Bitcoin is “gambling”, in the sense that it is an investment that could price crash at any time.
|
|
|
|
What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. I think bitcoin is a good investment but as much benefits you written, I think they are not as worthy as they looks. Because we can not deny from the fact that still there majority of big brands, organisations and authorities which still not accept bitcoin as a payment or mode of exchanges. As there are several countries which have even ban the bitcoin in their country, many big countries have ban the use of Bitcoin in their country as they are in the threat of what bitcoin will cause damage to their economy. There are several restaurants, where bitcoin is not used as payment method. So I am not fully agree with you. But yes bitcoin has cause an significant effect on the world. |
|
|
|
I like the inspiration it gives to a lot of us that the traditional system can be changed, that things are not to big or out of reach to be revised, improved, made more appropriate for people.
Cool topic idea.
Yes my friend you said a very good thing. Bitcoin give us a endless hopes and inspiration that this cruel paper money system run by banks and governments may be limited one day. As bitcoins is come with so many hopes and with so many possibilities, bitcoin gives us a number of opportunities where as it has no transaction fees, it has no involvement of third party, complete transparency is maintained at level of two people. Bitcoin is continously growing and coming daily with new benefits. |
|
|
|
|
Show Posts
