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.
Signature and Bounty campaigns will help you. There are weekly campaigns and there are also campaigns that has a length of months. You don't need to invest in campaigns because all you need to do is to join, follow the rules and task given, finish what is asked and wait until the campaign end and its token to be distributed. It is the same with weekly campaigns , it is just that in weekly campaigns, every emd of the round, tokens will be distributed during the campaign. |
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I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Maybe it happened because of some modifications, and problems are only normal to be encountered since Bitcoin is an open source, I think. And at this moment, it is now working well. It won't die easily, now that it's demand increased and its community is now larger. Also its price pumped a lot since the modifications or fork that happened. Let's just hope that these kinds of problems will be fixed immediately as possible. |
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When Bitcoin will be universally accepted accepted by Government, of course it will be taxed accordingly. Do you think it will still be as in demand as it is right now, that makes its price higher and higher everyday.
Does the bitcoin community is ready for this?
It is impossible to have a tax because it is decentralized , and if that will somehow happen it eill still be in demand, if they its users are still earning profit out of it. If it is still profitable to its users, tax won't be a problem and its demand will continue increasing , same as its price is rising. But I think it would be impossible to be taxed. |
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  No. You should not quit your job just to focus on Bitcoin. It will br better if you'll do both of it at the same time to make profit, especially if you are determined to earn money in Bitcoin. If you can't do both you should make a way in order for you to do both of this at the same time such as time management. Bitcoin is profitable to most of its users but it won't give you a stable salary that job can. |
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Yes and if you want to have big profit you should invest to Bitcoin. It is profitable because its market value increases from time to time and as its demand is rising. There are lots of ways to earn which means bigger profit if you are capable of doing most of the ways such as investing, trading, mining, campaigns and the likes. If you'll buy Butcoin at this point, it will surely grow and will give you big profit. |
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The question is simple; Why should people invest on bitcoin?
State your reasons, and advantages of investing on bitcoins today.
I know there are a lot of newcomers that are coming into the bitcoin community everyday.
I want us discuss it here, so that we may help them understand what is bitcoin and how important its to invest on bitcoin.
Share your ideas, and thoughts below.
They should invest to Bitcoin if they are finding a way to earn money online. Bitcoin is profitable amongst it users and other people, companies and organizations that invests to Bitcoin. It is decentralized wherein you may use your earned profit as you like and it has less charges unlike in third paty banks which issues legal age. |
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What is the best way to make money with bitcoin in 2017?
I think, it would be on investing, mining and buying Bitcoin. Because of the forks that happened and will happen. Last August 1, a fork happened that made Bitcoin's demand and market value increased. So those who invested to Bitcoin before the fork, surely earned huge amount of money. And it is already issued that there'll be another hardfork in the month of november that will give profit to holders and investors. |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I thik it is impossible for Bitcoin to be banned worldwide. One of the reasons is that there are lots of rich people and big organization that earns profit from bitcoin, so they won't allow it to hapoen. Also, bitcoin is decentralized and can be converted into fiat as long as there's an exchanger.But if it would happen, it will lead to less demand , low market price and crashing of Bitcoin. The possible solution is to be smart in using Bitcoin and avoid illegal activities and transactions with the use of Bitcoin. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
They are storing and holding their Bitcoin to make profit out of it. They are waiting until its price increase as years are passing by. But it won't be as easy as everyone is thinking. There'll be dumps and pumps as time passes by. They will compel intoholding their bitcoins despite if backdrops take place. And they won't sell it in a sudden for a small pump on Bitcoin's price. People who are holding their Butcoin despite of this circumstances surely are patient. |
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Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.
Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
Bitcoin remained the no.1 cryptocurrency dor a long period of time. One of the reasons is that it has a bigger community compared to other cryptocurrency that maes it demand higher than other cryptos. And since the price of Bitcoin increased after the fork last august that made Bitcoin to go skyrocket and also, it is issued thatthere will be another fork for the month of november. Imagine how will it affect the Bitcoin's value. So in short, it will still rise as time passes by. |
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Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
Probably yes. Bitcoin is now more profitable to its users that will encourage more people to invest in Bitcoin. But they don't need to quit their jobs just to focus in Bitcoin. It would be better if they will do both of it at the same time especially if they can do so. But the thing here is that, if more people will be interested to Bitcoin, the demand will rise and as a result, its market value will increase. And in the near future, Bitcoin will reach the 5k$ mark as it continue rising. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Definitely. I think volatility is Bitcoin's biggest disadvantage for the reason that it is decentralized. And maybe it is also a reason why there are still countries where Bitcoin is not yet legal. And if stability will take place, we may assume that it will be legal to most of the countries that will make its demand, highly stable. And high demand meand high value. High value means bigger profit. Bigger profit will lead to popularity amongst investtors and users. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
I thibk it depends on how an individual see what an improvemnt in economy is. Because there are companies that are earning profit from Bitcoin through advertisement and promotions and also there are people, especially users that are earning profit through investment, mining, campaigns and the likes. If you think the economy will improve if there will be many rich people, Bitcoin will help to improve the economy. |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I think, during dumps is the best time for investors and buyers of Bitcoin. Everytime that delflation occurs, there are lots of people who are panic selling, if you know that after a short period of time, it will be normal again and sometimes it will be higher because pumps occur after every dump. So you don't need to panic. To think that there are still lots of holders that are holding their Bitcoin through the dipping, it is a reason for you calm down and observe what will happen next. |
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If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
At this point wherein the prixe of Bitcoin is still high and a hardfork is issued, I will cash it out now. No one knows if the hard fork will be in favor for Bitcoin, and after continuous pumps lately, continuous dumps are now occuring. So if you don't want to take the risk in the hardfork and you are satisfied with its current market value, I think it is okay to sell it now. |
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I want to discuss about these two giants, how your analysis of the ETH after the emergence of the BCC is a real rival, but I see https://myetherwallet.com no less great, fast and cheap deals. Can BCC beat this? I'll go with ETH. BCC is still new and ETH is not, therefore, ETH has a bigger community which will affect the demand towards ETH. And now that the market cap of ETH is morethan half of Bitcoin's , it will capture the attention of altcoin investors. It is also expected to reach the market cap of Bitcoin soon. BCC is a good competition because in just a short period of time, it became as popular as ETH and Monero. |
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Today a question came to my mind that which site will be more profitable a gambling site or a dating site? Actually I want to find out that in which place people are more interested and where people mostly want to go to get fun.
Gambling sites will surely be more profitable comoared to dating sites. Gambling involves money. People are into gambling as it is classified as addictive. Ofcourse, there'll be rich people to participate in gambling sites, which means huge profit will go to the owner of the gambling site. Since there are many gambling sites, your site must be unique and more profitable to its users compared to other gambling sites to attract more users to use it that will give you profit. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
Indeed, Television is a good way to promote and share informations about Bitcoin to other people such as its audiences. But to think that Bitcoin is an open source kind of business, there'll be no one who'll fund the advertisement. And legalization of Bitcoin is still an issue to most of the countries, so it will be a big question if a certain country will allow it to be promoted in public television channels. But if it would be promoted and advertised in Television, it will be an advantage for Bitcoin community, and surely, the demand will rise and more people will invest to Bitcoin. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
The only risk is that, there's always a chance that Bitcoin's value will decrease in a short period of time but it will eventually come back to normal. You may wait for the value to become low but you also have an option to buy now because Bitcoin's price is still increasing at this moment. You'll be still assured that you'll earn the return of investment. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
If many people will do the same which is selling their Bitcoins for a low price, it will negatively affect this community. The demand will decrease and for the reason that Bitcoin's value depends on the market's demand, surely, there'll be dips on its value. But it dips will definitely continue for weeks because there are more people that invests a huge amount of money to Bitcoin, and they won't allow the dips to be continuous. |
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