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1  Other / Beginners & Help / Re: How to earn bitcoin dollars? on: August 31, 2016, 02:08:30 PM
these apps are the same as faucets they pay a few satoshi every half hour or so.These are a total waste of time there are other ways to earn more bitcoins out there don't waste time on these.
2  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: August 27, 2016, 07:07:27 AM
In my opinion alt coins can be a more risky investment but rewards also increase when risk increases.Even if the price of an alt coin increases a few dollars the profit margin would be huge for the person who would have bought them for a few cents at the right time.It all depends on the research done about an alt coin's future before purchasing.
3  Bitcoin / Development & Technical Discussion / Re: Setting up a cold storage for bitcoins on: August 27, 2016, 06:58:17 AM
Another safe way to track if you have a malware is to have a lot of sloppy wallets with few cents in them.Add these wallets to your blockchain.info wallet as watch only.Keep monitoring them and if the balance changes in any of them you will know that someone is snoppy around your system looking for bitcoins.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin vs Ethereum on: August 25, 2016, 04:16:02 PM
Eth can never surpass bitcoin as in the case of fiat currency the value is determined by the faith people place in it not matter what happens bitcoin will always have more faith from the people.But if somehow bitcoin fails in some aspect then maybe eth can surpass it
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin pump is over. BAck to reality. on: August 25, 2016, 04:09:21 PM
litecoin will not have the same pump as bitcoin but it is still superior enough to not die. when more people start adopting crypto currencies lite coin is the second one they will go after bitcoin because of its superb technology.
6  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: August 25, 2016, 04:02:20 PM
Bitcoin was originally adopted by the people not for its value but because of its ease to use on the deep web without giving your identity.Thus it does not matter if the price becomes fixed because people will continue to use it because they would still be able to trade anonymously.
7  Economy / Economics / Re: Mining coins save or sell it? on: August 25, 2016, 03:54:59 PM
bitcoin price has kind of flat lined recently,so to make some kind of substantial profit you would need to hold it for a little while till the price goes up or invest in alt coins if you are looking for early profits.
8  Other / Beginners & Help / Re: Mycelium wallet question vs Cold storage wallet on: August 24, 2016, 12:46:22 PM
Use the mycelium wallet if you need to do frequent transactions and use cold storage if you want to store your bitcoins for a long time.It is as simple as that.
9  Other / Beginners & Help / Re: What Bitcoin wallets are best to use? on: August 24, 2016, 12:37:35 PM
Mainly choosing a wallet mainly depends on how many bitcoins you are going to be storing in it and how often you need them. If you are storing them for the time when the value increases then use cold storage like paper wallets.If you are using bitcoins frequently for buying things then use online wallets but do not store too much bitcoins in there as there is a chance of losing them.
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