Bitcoin Forum
June 21, 2024, 08:53:25 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Other / Off-topic / Re: what will you do when you are in a bad mood? on: April 24, 2017, 06:06:23 PM
Music seems to calm me down whenever I am in a bad mood, I also watch some comedy movies as well.

Music can work wonders with mood. I also like listening to music. And I do it in any mood - both in good and in bad
2  Economy / Economics / Re: You should never trust banks on: April 24, 2017, 05:58:39 PM
Whatever happens worst with you with banks there are many people who will always have faith in banks and will continue to use them as they feel that their money is safe in banks but they forget the fact that banks are making profits from their money.

A lot of people trust banks. Some constantly take loans and are happy. They agree to pay high interest.
I keep my Fiat in the bank, because I also trust this system
3  Economy / Economics / Re: Bitcoin or gold? on: April 24, 2017, 05:53:13 PM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

we cannot conlude it so easily,  For me if they both i choose theres a possibility that One of them will be too profitable but theres a possibility.that one of them.will dump, im not.sure if it is bitcoin or gold.

I am sure that gold will be valuable in 10 and 50 years. About bitcoin, I can not say so. Everything changes quickly. Now I believe in bitcoin, but I do not know what will happen tomorrow. But despite this I choose bitcoin
4  Economy / Economics / Re: The fiat-money bubble! on: April 24, 2017, 05:50:59 PM
Fiat is the lever through which the government manages people. Therefore, this lever will always exist. And the government specifically makes conditions under which it is very difficult to obtain money. So that people do not think about the revolution, but think about work
5  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: April 24, 2017, 05:48:41 PM
You can easily earn that amount if you have multiple ways of earning bitcoins as you cannot expect that income only from single source of income so try to multiply your ways of earning from sig campaign, trading, gambling etc.

You can expect some income from trading and signature campaign but not sure about gambling as it is the most risky way to earn bitcoins and there is no guarantee that it will bring only positive results for you.

I agree with you. You do not have to wait for a large income from gambling. High income can be obtained from active actions - trade, MLM. Business on the Internet can bring more income than work in the office
6  Economy / Economics / Re: Is it better to save money or invest it? on: April 24, 2017, 05:44:30 PM
I choose investing. This allows the money not to depreciate, but also bring additional income. And for some, investing is the main source of income. When money simply lies, they do not bring profit
7  Economy / Economics / Re: What is your best investment strategy? on: April 22, 2017, 07:21:33 PM
Now my investment strategy is very risky. Almost all of my assets I invested in bitcoin. I believe that the price of bitcoin will go up for several more weeks. And when there is bad news I will sell coins to buy later at a low price
8  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: April 22, 2017, 07:14:58 PM
Obviously, as the more people before me, they said that is the difference in the exchange rate over the time. But except this, after a while one can have a significant amount due to just not spending his coins. Clearly for many people it's a way to put their savings in a safe heaven, though the crypto currency volatility, but without the fear of the inflationary fiat money.
Yes I agree, to get the maximum benefit we have to be patient for a long time (more than 1 year), based on the price movement from 2013 until now the bitcoin price always rises.
The price does not always goes up but you can take advantage of this too and obtain even more bitcoin by being able to sell when the price is very high and buy when the price is very low that way you can get great profits without too much of an effort and in a relatively fast way

The price of bitcoin is not always increase and No one can be sure that bitcoin prices will always go up because sometimes the price may go down a few percent (whenever) . But base fact that happen during 2014 until 2017 the price increases significantly. As far as i know at 2014 the price around 350 - 400 $ or even less, now the price more than 1200 $. It graph fluctuates for reaching recent price.
The price depends on the market trend, so it's just about the news and rumor. If there will be a good rumor the market actually turn to the bullish trend which a lot of traders are buying in rumor and news. Otherwise, another bad news will come to the market and the market can be turned into the bearish trend for instantly.

Yes, the market is very unstable. Therefore, those who trade in crypto currency need to be very careful.
I believe that bitcoin is beneficial to store for a long time. I have a few coins delayed for this
9  Economy / Economics / Re: Invest your bitcoins. on: April 22, 2017, 07:11:24 PM
I think loaning Bitcoins is a great way to gain some Bitcoin while holding your investment. If you can find the right exchanges that allows lending, it can be safe as well.
Loaning bitcoins will get you poor when you don't know where you get bitcoins aswell to pay that debts i considered to earn from faucet or by referral programs while you were waiting your investments also when you hold your bitcoin there are chance that bitcoin will get high and you can earn from that. Lending is just an headache Smiley

Yes, lending can bring a lot of trouble. Therefore, you need to look for another way to invest. I would invest in reliable HYPs. Sometimes you can find very interesting and long-term projects
10  Economy / Economics / Re: If you were in desperate need for money.... on: April 22, 2017, 07:08:45 PM
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Maybe will get in touch with my family and talk to them with my problem so that i can barrow money i'll ask them that i will pay them once i hired or i already found a descent job with a descent salary. If theres an emergency i never thought that i will get involved my self with illegal activity i always want to do something for that problem i know that in every problem theres an solution.

This is my choice too when I don't have any options on my list, they will be the best people that will help me for sure in times of needs. And by simply asking them that I need money they will be light and glad to help me because we know that family is the only one that will help us until they can beside from God.

What if the family members don't have enough money with them? My first choice would be a personal loan from the local bank. I am having a full-time job, and therefore it is quite easy for me to secure a loan (need to bargain quite hard about the interest rates, but then if it is an emergency, then we can't wait for too long).

Few people want to contact the bank. Many prefer to take credit from friends and not pay interest. But there are times when you have to contact the bank.
I will also try to find the best option and not contact the bank, and ask for money from friends and relatives
11  Economy / Economics / Re: Can you really make money on Forex? on: April 22, 2017, 07:05:57 PM
I tried to make money on forex, but I did not succeed. I do not have the opportunity to permanently be on the stock exchange. So I did not have a good time for trading.
12  Economy / Economics / Re: Will you invest in a MLM scam in early stage? on: April 22, 2017, 07:04:32 PM
Because i don't want my friend to lose,
 so i will not invest as become affliate also got revenue on it.

But says exactly, if want fast money , early stage of MLM is good choice.

It depends on u, it is profitable but might lose your friend.


I agree with you, MLM is a good choice at an early stage. There are many good projects now that give knowledge about how to properly invite partners. In fact, it is not very hard. I do this business and it brings me a profit
13  Economy / Economics / Re: How to teach kids about Bitcoin? on: April 22, 2017, 07:02:13 PM
Kids is hard to teach when they don't understand what we are saying wasting time to teach them is like your teaching a dog to spoke. Kids brain is they wanted to play and play all the time you can't force them to know everything about bitcoin also they will knew about gambling if you do taught them trust me don't ever let kids use bitcoins.

You're right. Children are very difficult to teach something they do not want to know about. Therefore, they need to talk about bitkoin only when they ask you about it. And do not delve into the details, but just tell the basics
14  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: April 18, 2017, 03:43:29 PM
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

because there are different rules and regulation in every countries. they have the cyber law and they can even blocked any sites they want because  authorities can hold everything in their countries if they want. example is in china and in north korea.
Precisely, there are different rules on every each country and yet everyone of us have different perception about bitcoin.
I think the reason why the bitcoin is prohibited in their country is because they though that the bitcoin is used by criminals because it is anonymous.
That is the common reason of the countries that banned bitcoin because they can't deal with the anonymity of bitcoin and they thinks that it is a bad idea for them because only the criminals will take benefit of that. But they didn't know that they can control those illegal transactions by having blockchain technology in their country because they can monitor the transaction thru that.

Do not recognize the bitcoins, mainly those countries where a very weak economic system. The government thinks that because of the popularity of bitcoin, the economic situation is getting worse. Fiat will lose popularity, and therefore the government will lose control of the people.
15  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: April 18, 2017, 03:36:13 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i store it in my online wallet, it is trusted anyway. it has a very satisfaction feedbacks by my countrymen and it is safe I know. You may also try to save it online just make sure that the wallet you are using has a lot of users with a good feedbacks.

My bitcoins are also stored on an online wallet. I have several wallets in which I keep parts of my savings. So it's safer. I trust this method of storage
16  Bitcoin / Bitcoin Discussion / Re: I can't use bitcoin buying a coffee now. on: April 18, 2017, 03:30:01 PM
You must be one of the few people who does this. Where I live, for example, there are not many possibilities for doing this.
If you are having such problems, I suggest you use your credit card, until things get right on Bitcoin side. Or you can opt for a Bitcoin debit card, but the fees will make things more difficult.

It is unacceptable for me to buy coffee for bitcoin. It seems to me that soon I can regret such a purchase. Because this is a non-rational waste of resources. Similarly, I will never buy any other everyday goods for bitcoins
17  Bitcoin / Bitcoin Discussion / Re: Number of Bitcoin users. on: April 18, 2017, 03:26:49 PM
I have a doubt. Should we call someone getting BTC0.001 or BTC0.0001 once in a while from various faucets and tips as a Bitcoin user? Where are we going to put the line?

That's a valid Q indeed.

Yes, there are allot of people even here who just get some Satoshi once in a while from signature campaigns, and convert it to fiat as soon as possible. Are they Bitcoin users?
And we can't find an accurate number of Bitcoin users using the wallets or transactions.

People who receive several Satoshi sometimes do not even understand what Bitcoin is and why it is needed. I do not consider them bitcoin users.
Real users are consciously aware of bitcoin and are aware of its advantages

Yes, they do not understand all the advantages of this currency, because they simply do not have it. You can not earn something for a few satoshs.

I agree with you. These are not bitcoin users. These are random people.
Real users understand what bitcoin is and how it can be earned. Not from the faucets - it's not serious.
18  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: April 18, 2017, 03:19:20 PM
HODLING and acquiring more when the price drops below a certain threshold.

Will decide what to do with 25% of my stash at the next halving. Plan on HODLING the rest of the 75% until at least 2024.


Good strategy. I still can not transfer 25 percent of my income to bitcoins. Now I only save 10% for storage in bitcoins. I think this is the right strategy, because the price is constantly growing
19  Other / Off-topic / Re: What your plan in the FUTURE ? Or what yours DREAM? on: April 18, 2017, 03:14:03 PM
Now I have a dream - to achieve success in the MLM business. Become a leader and a professional in my business. This will give me a high salary, I'm sure of it.
20  Other / Off-topic / Re: Save you Bitcoin for your (grand) child / children? on: April 18, 2017, 03:11:49 PM
I would like to save a few bitcoins for children. I think that this is a very good idea. If the price is really much higher, then I will make my children or grandchildren very rich
Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!