Bitcoin Forum
June 21, 2024, 01:49:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Services / Re: Own a drone? Get $5 in Bitcoin when you write a review at Dronecheap on: November 23, 2015, 12:57:18 PM
Review done on the provided link
Waiting for some BTC
2  Local / India / Re: People pay your Taxes on: November 20, 2015, 01:49:38 PM
What if I am using Visa card from advcash? cash withdrawn from it will not be accounted right?
Wish lawyers come into Bitcoin ecosystem to help us out.
3  Economy / Gambling discussion / Re: Any advantages from gambling? on: November 20, 2015, 06:45:22 AM
Gambling is just luck, it is kind of drug, if you win you will want to multiply the money you have and if you loose you will want to get back the money you have lost. Either way you are back into gambling again. Even Nostradamus will fail one day if he is into gamble.
4  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: November 20, 2015, 06:27:50 AM
2 bitcoins will do for you for the next 20 years but also you could end up with nothing in case it collapses. The best thing is to invest as much as you can afford to lose

Nobody knows what bitcoin will be worth in 20 years. or if whatever wallet it's in will be recoverable. it's all a big experiment man.
As you said choosing the correct wallet will be a huge task, but for me I feel something like 15BTC will be perfect. 15BTC price in 2015 is a good gamble, Even if this thing collapses it will not affect me much economically.
5  Local / India / Re: Bitcoin touched INR 25000 ! on: November 19, 2015, 07:00:01 PM
It is no wonder that the Bitcoin price went upto 30000+ ,when there is a bulk need for Bitcoin the price will eventually go up. When more people are aware of Bitcoin, the more will be the demand.
6  Economy / Economics / Re: Why do you use Bitcoin? A report to determine it's competitive advantages. on: November 19, 2015, 06:53:03 PM
Anonymity and Less transaction fees.
in future there will be a day when I can buy anything and everything with BitcoinBTC
7  Other / Off-topic / Re: Do you actively spend your bitcoins? on: November 19, 2015, 06:22:39 PM
I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.
Its actually good to hear that they accept Bitcoin in coffee shop. Bitcoin is becoming the global currency. Bitcoin value will increase only if people spend some of the BTC. If everyone wants to hold Bitcoin there will be no circulation and BTC will decline.
8  Economy / Economics / Re: Bitcoin classified as a currency. No VAT for BTC also in Switzerland. on: November 19, 2015, 04:12:31 PM
Demand for Bitcoin will go up if such governments classify Bitcoin as a currency. And people will feel safe to trade with bitcoinBTC
9  Economy / Economics / Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin on: November 19, 2015, 03:41:54 PM
I will hold all those for sure. I always prefer to invest in Bitcoin with an amount that wont hurt me economically even if Bitcoin crashes. So I will hold it until its price goes up.
10  Economy / Economics / Re: what your plan for future ? and how to manage your time ? on: November 19, 2015, 03:27:43 PM
I feel day job is insufficient to feed my dreams. I am always interested in business. I am just 22 years old and just now completed my graduation. I have started to make money for my business investment. My dream is to have a sufficient amount of Bitcoins at the age of 30. Smiley

Don't we all feel the same! If you are not on some top executive positions, most of the day jobs are not enough to make even part of our dreams come true.

That's why it is wise to always look for something on the side. To start something on our own like you have said.

Most of the day jobs are just limiting and very often underpaid for all that we give back to an employer, company, etc..

Even if u want to be in a top executive position it will take years man. So lets start our own business and become the top executives of our firm. Tongue Tongue
11  Economy / Economics / Re: Bitcoin people – We can stop future attacks on Paris France, Russia and Syria ? on: November 19, 2015, 03:19:54 PM
I don't think bitcoin have something to do with peace. Even if Bitcoin giants can do fund a war very secretly, then how come we can make peace by developing bitcoin ecosystem. Bitcoin is against the fiat currency, regaining our power from the government.
12  Economy / Economics / Re: Total budget for each government department should be Median Voted by the people on: November 19, 2015, 01:48:38 PM
thats a good concept. Lets consider that a government has 50 departments and 90% of the people want their tax money spent on a single particular department?  Tongue
13  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: November 19, 2015, 01:35:29 PM
Huge Return on Investment never comes with safety! there is always risk involved. The Return on Investment is directly proportional to Safety.
Prioritise between Return on Investment or Safety. If it is ROI, invest in BTC. If it is safety invest in Real Estate(provided you have the right land at right location).
14  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: November 19, 2015, 01:27:30 PM
Its not safe actually. But u have good chances of making plentiful money out of your investment as there is too much demand for bitcoins in the recent days. If you are sure that you can hold bitcoins during the price drop until the price comes to normal it is a good investment.
15  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: November 19, 2015, 01:08:21 PM
No one knows what future exactly is, anything can happen anytime. I would choose both, but choosing the best split would be huge task. I also believe that BTCBTC has better potential compared to gold. Safety First!
16  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 19, 2015, 12:59:32 PM
I don't think bitcoin will replace the dollar, ever

It's a currency like how different countries got their own currency, you could see bitcoin like Gold Silver, investments like that



BitcoinBTC will soon become a Payment mode. Gold and silver are sure investment stuff. Bitcoin is something more to Gold and Silver. The soon the credit card companies start accepting BTC the soon it will be a global currency. Smiley
17  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 19, 2015, 12:50:19 PM
It wont be accepted as a global currency until some regulations are made. But digital currencies will be the future but not very soon as we expect. Bitcoin will force governments to take digital currency right away.
18  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: November 19, 2015, 12:23:26 PM
I won't quit my job to go full time on bitcoin. Because I don't have a job yet. Just now finished my graduation and looking for a job. Tongue
19  Local / India / Re: What is the best way to buy bitcoin? on: November 19, 2015, 12:11:50 PM
I personally prefer localbitcoins, only from the reputed sellers to reduce the hassle. Zebpay is also good place to buy bitcoins. I always prefer to buy bitcoins only from legit sellers even when the quote high price not from the scammers who are quoting a dream low price.
20  Economy / Economics / Re: CEO of Bitcoin Startups Listed on the Forbes Top Ten Richest People In the World on: November 19, 2015, 11:35:43 AM
Surely it will happen, but there won't be a monopoly. within years there will be huge competition in bitcoin business. Even my friend is starting a peer to peer lending website this year. I came to know about bitcoin from him.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!