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Bitcoin / Bitcoin Discussion / Re: How do beginners overcome difficulties with bitcoins?
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on: January 03, 2018, 08:29:28 AM
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As I am a beginner in the bitcoin world myself, with every passing day I overcome the difficulties that every beginner experiences. Lack of patience, seek to learn and read all day related news on the subject, train with demos platforms; to be able to operate with knowledge and technique in the market. Newbies have wisdom and patience that everything will work out.
I think you can overcome all those difficulties if you finally earn your rewards or from the time you gain profit. I believe in this way you will never mind all your effort and time especially when it is big enough to fulfill your needs. At the beginning I feel so tires even if I only spend short time doin it but then when I get my reward I became so glad and it wipe out all the doubt from me.
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303
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Economy / Economics / Re: Bitcoin as a Christmas gift
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on: January 03, 2018, 08:17:04 AM
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Bitcoin breaking it’s high-price again and again, multiple purposes rather than payment system and future investment. All this make bitcoin a perfect gift for your love, wife, and family.
1. your gift for Christmas will be a bitcoin?. 2. your ways to gift bitcoins "Hardware wallet, bitcoin gifts, paper wallet, Physical Coins, Donate"?.
It sounds interesting actually, it was like a high-tech angpao today. Unlike traditional way of giving money as a gift were we probably used angpao to serve as a pocket today we can send Bitcoin to our love ones instantly through different apps such as Coins.ph and many more. It makes our life more convenient!
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304
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Economy / Economics / Re: until when will the bounty program remain?
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on: January 03, 2018, 07:56:23 AM
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Over the years there have been a lot of crypto-based-based projects where the business owners offer shares in the form of coins they produce with different kinds of promotions including bounty programs, until when will the gift program remain?
I think this isn't a gift but a job rather. They benefit also because of our participation, they need us and we need them also. I believe these bounty programs will last as long as we have internet to access it. As we can see, these projects is a form of advertisement, with our cooperation we advertise their product or project. Hence, they can also gain money.
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305
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Other / Off-topic / Re: Is bitcoin dangerous ?
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on: January 03, 2018, 06:43:48 AM
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I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
I think that is one of the reason why Bitcoin has been made. As we face the digital era, everything must adopt to every changes in terms of our needs. We are much expose to technology so that Bitcoin used that opportunity to be popular. If we try to imagine, Bitcoin is somehow risky for it is not regulated by the government but this characteristic makes it more interesting and now become widely known.
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306
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Economy / Economics / Re: short term investment or long term invesetment
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on: January 03, 2018, 06:09:49 AM
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When it comes to the investment, many newcomers or people with frequent requirement find it difficult to invest for longer amount of time. Here by short investment i mean any investment which is less than year old. That investment has been cashed out within a year. And by long term investment I mean investment which will be kept for more than year ( ideally 10 years or so). What do you think which is more beneficial short term investment or long term investment
I think Bitcoin is good for short term and long term investment. It is good for short term investment for it is extremely volatile, it can pump and dump anytime. In this way you can gain much larger profit. In terms of long term investment, we might think that it was too risky for it is not stable but it was still alright because I believe that it will never loose its value.
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307
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Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children.
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on: January 03, 2018, 05:29:10 AM
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. I think this was a good plan for the future of our children; if it will be stable until the future. We must share our account details to our family if we really want to save for their future because if bad things happen and your family didn't know it, all your savings are nonsense. In addition, I believe that Bitcoin will be good for long investment for it will never and impossible to loose it's value. It may dump but it will be back to normal after all.
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309
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Economy / Economics / Re: Why people scam
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on: December 29, 2017, 01:31:28 PM
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Getting a job is not possible for everyone, not everyone has family or [friends] to help them and sometimes they will make the bad situations even worse them. If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.
But then again, if you give the person in need money, they'll keep coming back for it. It's a real crap shoot
Many people are being scammed because of their eagerness to have a lot of money. They tend to try different sites to gain bigger profit; but not generally. There are still people who are being scammed because they are being cheated by selfish people behind that scam. They only wanted to cheat someone and gain a lot of money for their own wealth.
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310
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Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin?
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on: December 29, 2017, 12:42:28 PM
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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
Are you serious? That is so impractical, seems like not planned. Before jumping into a decision, make sure that you have back up plans. In that matter, let say you quit your job and Bitcoin fails, you don't have another source of income. What I am trying to say is that make your job as your primary source of income and Bitcoin as an additional.
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311
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Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins?
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on: December 28, 2017, 02:52:23 PM
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is so risky and impractical. If you want to hold Bitcoins make sure that you secure fiat. You must devide your money into different wallet so that if one fails you have back up. We must consider every situation to have our plan A, plan B or even plan C. It is so frustrating if all of your money crashes, no one wanted it to happen tho.
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314
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Economy / Services / Re: FastInvest Signature Campaign
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on: December 04, 2017, 08:07:00 AM
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Btctalk name : millionaireshs Rank : Junior Member Current post count : 44 BTC Address : 3CBAUcrUUARG5QcqcT7zaTg1273cBm75NK Wear appropriate signature : already done
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315
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Economy / Economics / Re: How to teach kids about Bitcoin?
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on: September 24, 2017, 07:49:17 AM
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http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? Sir teaching Bitcoin to young individuals is unprofessional. They are not so knowledgeable about this things and they must focus on their study rather than this. The best age to start bitcoining is hen they rich their teenage years so that they are more wise in dealing with crypto world.
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319
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Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin?
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on: September 16, 2017, 04:18:06 PM
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
JUST DON'T MIND THEM! It's their loss not yours. We can't say that everyone believes in bitcoin. Before, I am not a believer of bitcoin but my friend prooved to me that I was wrong. If they don't believe in bitcoin it's their loss, they wasted this kind of opportunity.
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320
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Economy / Economics / Re: Mental barrier stops from buying BTC
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on: September 16, 2017, 03:41:18 PM
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Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
I know that feeling and I think many of us know that too..HAHA. It was so frustrating sir. Many opportunities are being wasted because of wrong belief. What the best thing to do is to have a time limit before buying bitcoin, set a time when you finally decided to buy such Bitcoin.
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