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1141
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Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin
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on: February 06, 2018, 01:38:29 PM
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https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze. I know that many businesses like hotels and food industries will accept bitcoin as payment in the future. I believe also the all of the governments in different nations will recognize bitcoin as a money. |
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1142
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Economy / Economics / Re: why bitcoin is so much special than others currency ?
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on: February 05, 2018, 03:46:20 AM
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This is so really hard to say special cause its difficult to explain specialty in short word
Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
Even the bitcoin using blockchain 1.0, people are still want to use bitcoin because it is really especial. There are now altcoins that are using blockchain 2.0 like Ethereum and blockchain 3.0 like EOS. There is particular quality of the bitcoin that the people like the most and that is the reason why people keeps buying bitcoins. |
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1143
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Economy / Trading Discussion / Re: How I can make money with cryptocurrencies?
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on: February 04, 2018, 07:17:40 AM
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Hello guys,
How are you everybody?
I am very interested to know about how to make real money with cryptocurrencies.Can anyone help me please?
Thanks
There are many ways to make money with cryptocurrencies. Before I start, I want to make sure that you know there is no easy ways to make money on cryptocurrencies. It needs a lot of resources, physically and mentally. Okay, here is the list : 1. Trading In my opinion, this is the fastest way to earn money, but still, it doesn't guarantee you to always make money, as you can lose some of your money in the trading process. So, it is better to learn a lot before you start trading. 2. Mining In my opinion, this is a great way to make money from cryptocurrencies, but you need a lot of money to buy the hardware and need to do a right calculation before you start mining, because profit will be depends a lot on the hardware and electricity cost. 3. Investing Buy and hold for a long time (hodl). It is popular, but I guess it is more suitable for a long term kind of profit. 4. Working There are many kind of work you can do such as selling your skills, joining in a campaign (bounty or signature), or other services you can offer to the world. In my opinion this is a comfortable way to earn as it only cost you your time and skills. There are 4 ways to make money in cryptocurrencies. I guess that 4 are the basic thing of things you can do to make money from cryptocurrency. Everyone can make money, especially in cryptocurrency world, but I suggest you do a lot of learning, and if you want to reduce the risk of losing money, better to spend only what you can afford to lose. This is complete way how to earn money with cryptocurrency and include the explaination too. I will add another one which is very high risk too. Thats gambling. Gambling can give us double profit just in short time but sometime loss also in short time. It is true that the gambling is profitable but it is very risky. There are many people like me who lose their money because of the gambling. You should consider first how risky is the gambling. There are some person who win big amount of bitcoins in gambling. They say that you should have a lot of luck before you to gambling. |
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1144
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Alternate cryptocurrencies / Altcoin Discussion / Re: Are you afraid of hackers?
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on: February 02, 2018, 11:48:38 AM
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Recently Bloomberg posted the information that it took hackers less than 10 years to steal over 14% of all existing Bitcoins and Ethereum from the wallets of their holders. The total sum they have stolen is more than $1,2 billion! How to protect yourself from hackers attacks? Are you afraid of this stuff?
Of course. I know that all of us are afraid to hackers so I always keep all of my bitcoins in safe wallet. I bought ledger s nano to secure all of my bitcoins. All of you should use trusted wallet to keep your bitcoins safe. |
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1145
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Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best Social Media for promoting an ICO ?
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on: February 02, 2018, 07:49:24 AM
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Like the title says, i would like some feedback from the experts in this industry, so far i have gathered these 5 most important that seem to be used by everyone, can you add more ways?
1. Twitter
2. Reddit
3. This forum
4. Telegram
5. Slack (which i heard is full of scammers)
Twitter is the best social media platform for promoting ICO. Most of the ICO's are using twitter because most of the investors are using twitter. We can't considered facebook as the best social media platform for promoting ICO because Mark Zuckerberg banned all of the promotions about ICO because he want to avoid all of the scam projects. |
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1146
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Other / Off-topic / Re: If bitcoin goes to zero
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on: February 02, 2018, 07:02:08 AM
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There will be a disaster if Bitcoin will go to Zero, a lot of people will face a lot of financial crisis. I think a huge number of people already have got involved in this platform in recent time so that they have a large amount of investment in this platform.
But I don't believe that Bitcoin price will get Zero, Not only that but also this crypto world will dominate in the monetary world and it will be the future money for sure because of convenient use of this cryptocurrency.
It seems that you are correct! It is impossible that the price of the bitcoin become zero. Many people are now using bitcoins as daily payment and I believe that people will not stop using bitcoin. So the value of the bitcoin will not become zero. |
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1147
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Bitcoin / Bitcoin Discussion / Re: Does Social Media Influence bitcoin growth?
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on: February 02, 2018, 12:09:33 AM
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Does Social Media Influence bitcoin growth?
Yes it is! Bitcoin is becoming more popular because of the social media. There are many advertisement about cryptocurrency that we can see in all social media accounts. I know that many more people will enter to the cryptocurrency world. |
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1148
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shall I buy BTC?
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on: February 01, 2018, 03:29:35 PM
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Is buying BTC currently a good idea, or should I be going with ethereum?
Pls suggest...
Ethereum and bitcoin is a good investment nowadays. I think it is good if you will divide your fund in to two to do both bitcoin and ethereum investment. Bitcoin and Ethereum has a bright future so make a investment now. |
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1149
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Economy / Trading Discussion / Re: bitcoin prices not rising! should we trade or hold?
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on: February 01, 2018, 10:15:30 AM
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it was predicted that bitcoin prices would fall in the last week of 2017 and rise in the first week of 2018 but none of that has happent rather the price has beet pretty stable around 13500 usd.
what are your opinion on this,is it the time to trade or hold because i dont have enough funds to buy or invest more.
Just be calm and hold your bitcoins. Do not sell your bitcoins because experts say that the price of the bitcoin will increase in this year. Long term investment in bitcoins is really profitable. |
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1150
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Economy / Trading Discussion / Re: Starting trade with small amount
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on: February 01, 2018, 09:39:25 AM
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How to start a trade with small amount?
I am not a millionaire.I have jaust some money.I want to trade with my small amount.can I do this?Then how?
I started to trade with small amount of money because I want to try and to experience the trading. I have now many money that I earned from trading altcoins. Do not start to trade big amount of money because there is a high possibility that you will lose your money. |
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1152
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Economy / Economics / Re: Bitcoin can not replace fiat
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on: January 31, 2018, 10:46:54 AM
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
Many people are still not prefer to use digital money because they say that fiat money is better to use than cryptocurrency. We don't know what will happen to the future so we can't predict if the cashless society will happen. |
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1153
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Economy / Economics / Re: When to buy and sell bitcoin
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on: January 30, 2018, 11:23:37 AM
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
We can know when is the best time to buy and sell bitcoin if have knowledge about trading bitcoins. There are many strategies and techniques that we can use in order to know if this time is the right time to buy or to sell bitcoins. |
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1155
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Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin?
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on: January 29, 2018, 05:27:22 AM
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
Of course no. Do you think that your life will become better if you will quit to your present job. You can do your job and also work in cryptocurrency world. Do not quit your present job because it is bad idea. My advise is to improve your time management for you to do your task in bitcoin and also your present job. |
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1156
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Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment
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on: January 20, 2018, 11:10:59 AM
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Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
One of the main goal of bitcoin is to use it in daily payments. Bitcoin is now becoming more popular than before and I know that many people will use bitcoin as daily payment in the near future. |
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1157
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Economy / Trading Discussion / Re: What to do when prices are falling
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on: December 26, 2017, 01:00:40 PM
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Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
Nothing! We don't need to panic because it can lead us to lose our money. We must really buy a coin that is really full of potential for us to have a hope that the coin that we are holding is really profitable. |
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1158
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Economy / Economics / Re: how can bitcoin help the community?
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on: December 25, 2017, 03:14:21 PM
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Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
This forum is one of the benefits that we got from bitcoin! We are earning big amount of money because of bitcoin. Bitcoin is really important because it gives many benefits to many people like us. |
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1159
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Economy / Economics / Re: Holdings of gold vs Holdings of btc
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on: December 23, 2017, 01:56:07 PM
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Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?
For me, holding bitcoin is better and more profitable than holding gold. If you want big amount of profit, you should invest your money in bitcoin. Bitcoin can really help you to double your money. |
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1160
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Economy / Economics / Re: When is the right time to buy bitcoin ?
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on: December 22, 2017, 05:42:27 AM
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After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
The price of the bitcoin is going down again so I think it is better if we buy bitcoins today, I know that in the following days the bitcoin will pump again so it is better if we buy bitcoins now. |
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