Investing money even when at a risk is always better than saving money for use later. Investing will always yield profits if one can invest in the right business.
yes i am agree with you if you want to increase the amount of your money then you have to invest i. You have to save some part of your money for your future use and also make an investment. investment is a profitable activity when you have enough knowledge and experience about the business you are investing in. If you analyse that the business is at risk and you may lose your investment, than saving money for right business is a smart move. In a nut shell saving and investing both can be done not just saving or investing. We should maintain good balance between saving and investing and that will help us in building good balance in our financial life too as you cannot depend only on single factor as if one fails then you can recover your loss from the other one. |
|
|
|
Old much?  living with parents you'll need to pay your shares in rent/ bills/ daily expenses not to mention education costs, stuff you'd like to buy for yourself, spend some on friends (with and without benefits) now you've done a really great job if figured how to earn for the things above then what will be left to invest on bitcoin? But if you're already a spoiled child with rich parents then yes you have a rare opportunity to be a part of the future generation/ modern and technologically advanced generation. Most of the people are stupid though and they'll never understand what potentials bitcoin has. It is not that people are stupid just because they haven't heard of bitcoin yet. What you don't know doesn't really make you stupid right away. I have a few bitcoins I am willing to hold for a period of time but that doesn't make me a genius. I also have other investments just so I have other sources of additional income, just in case my bitcoin investments fail me, one way or another. yes and even in the past we never heard about bitcoins but that doesn't make us stupid and we should be thankful to those people who introduced us to bitcoins and we should continue this chain and should make people around us aware about bitcoins. |
|
|
|
BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive
We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold. Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future. |
|
|
|
I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.
some time it become hard to borrow money therefor i try my best to save so extra money for intense need. Borrowing money should be the second choice and only if we don't have any other choice to make and the first priority should be to save money and if you have saved it regularly then you will never have to borrow it from the people around you. That's correct and now you also have an choice of saving bitcoins and if you have saved bitcoin then you can sell some of them anytime in emergency situation and if the price is high when you sell then its an added advantage for you and will give you rid from borrowing from people. Not all can save bitcoins as there are many people who prefer to sell them when they see higher price as they can make profits from it and there will be many few people who would have saved decent amount of bitcoins for future. |
|
|
|
$100 price is history now and will never see that price again in future, price is tend to increase in coming years and if price falls that low then it can be and end of bitcoin era as people will start finding for another option to make an investments.
No one can predict the real outcome in the future but I guess the chances to see that amount or value will be very less likely, we are in the growing stage now and as transaction is getting bigger that would mean big demand as well. What I think is we will see an obvious trend which is the price increase due to increase in demand. Yes the demand of bitcoin is increasing which will have direct impact on the higher price of bitcoin in future and is someone is waiting to buy bitcoins at that low price then he is surely wasting his time as now bitcoin will never go that low. |
|
|
|
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it. Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins. Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing. I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins. Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment. Yes and people who have faith in the potential of bitcoin will not treat delay in confirmation time a major issue as they very well know that it will get resolved in future and they will concentrate on how to have more amount of bitcoins which can make them rich in future. Because a person that sees good opportunity on bitcoin will not treat that problem as a main deal. Because they still can see a lot of potential that bitcoin will always be the best investment and it will be accepted by many business entities and investors in the near future. Bitcoin will surely become more popular and powerful in future when new companies and businesses will start adopting bitcoins and that will take price to higher level and that is the reason more and more people have started to invest their money in bitcoins. |
|
|
|
No, bitcoin can't disappear banks because banks is more useful than bitcoin for example in online purchases banks can process the transaction fast with low fee unlike bitcoin you have to pay the high miner fee in order to prioritize your transaction and wait for a block to confirm your transaction.
Also the government is controlling the banks, they have support from the government and the society. In my own opinion
Delay in transaction will not be permanent and that issue will be solved in near future so you cannot say banks are better only for that single reason as there are many drawbacks even with the banks but even people will continue to use banks as they don't have any other choice. Yes I agree with you but the increasing in difficulty to find a block is a problem too even if you paid the high priority fee, you will have to wait for a block 15-30mins or sometimes a hour. I think waiting for an hour is not a big deal and most of the people will prefer to wait for that if they are earning good amount of bitcoins and they will ignore this issue as there are many advantages attached with bitcoins in compare to disadvantages. |
|
|
|
Bitcoin has a lot of branding hurdles to overcome. And also usability concerns for newbies and technologically defunct (i.e. old people). Mobile apps are getting sophisticated at a rapid rate so I'm sure these problems will be solved quickly. As long as the market catches up, we should have nothing to worry about. But it is definitely faster and more secure than PayPal. There is no 3rd party involved in the exchange, so yes I hope Bitcoin does eventually replace PayPal.  Not only bitcoin is technologically faster, it is more user friendly and tax free. We do not have to give extra charges while sending and receiving money and also bitcoin accepted worldwide whereas there are few countries where paypal do not support. The only issue is Paypal is more popular then bitcoins as it exists since long time and bitcoin is comparatively new to the people but I am sure when people will start knowing bitcoins they will not use Paypal anymore and will switch to bitcoins. |
|
|
|
as far as i know, there will no bank that accepting bitcoin now but i am sure if the government is ready to accept bitcoin like what japan does, then the bank will accept bitcoin too. there is more thing that we need to prepare to get synchronize with the bank and it need time before everything is ready and set up so better we do other thing and collect more bitcoin.
Banks will start accepting bitcoins only if bitcoins gets support from the Government and if not then I don't think that banks will ever support bitcoins as its an threat to their banking system so it will depend on what action Government takes in future. |
|
|
|
Well we cannot force people to like bitcoin, we can only do is to tell them what is the advantages of bitcoin and let the time force them to like bitcoin. cause i believe bitcoin will become more popular in the future, and those who don't like bitcoin today will surely regret in the future.
Exactly we will be having last laugh for sure as when I told people around me about bitcoins they started to laugh at me that its a useless thing and it will not survive in a long term so looking at their thoughts now I have stopped telling them to use bitcoins. |
|
|
|
There are many way to earn bitcoin try to claim free bitcoin many faucet still paying. And if you want a big one than faucet try to join any signature campaign for you to earn bitcoin for free. If you search many ways to earn bitcoin.
One of the best ways nowadays to earn bitcoins is to open up a shop that accepts bitcoin. In japan several shops had opened after the Central Banks of Japan declares last April 1 that they will start accepting bitcoins as a form of payment in exchange for goods and services in local shops and other local stores. The program started in Tokyo and probably soon in the whole of Japan. So if you have a business start accepting bitcoins and you may earn them in the fastest way you can. You can afford to start a business that accepts bitcoin only if there is great demand of bitcoins in your area and if people are not aware about it then it will be an useless to open a shop or start a business related to bitcoins. |
|
|
|
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
Eventually, Yes. Anytime soon, No. Because the way technology is moving right now, its not that hard to believe that something better will be created in the future, so yes it will be replaced one day for sure, as history has taught us that everything will eventually die out no matter how good. But it is true that you don't see that happening any time soon. Yes the life cycle is limited for each and everything in this world and even bitcoin will die someday or will get replaced by something new and innovative technology in near future but as of now I think bitcoin is safe and moving in a positive direction. |
|
|
|
I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.
some time it become hard to borrow money therefor i try my best to save so extra money for intense need. Borrowing money should be the second choice and only if we don't have any other choice to make and the first priority should be to save money and if you have saved it regularly then you will never have to borrow it from the people around you. |
|
|
|
No, i don't dream getting rich with bitcoin because will be difficult for getting much bitcoin
but getting active profit from trading is enough for me
because if i can make profit from trading although a little by little will be much bitcoin
and it will makes me getting rich with bitcoin.
do not stop to dream, because the dream you will continue to get a shot of motivation and enthusiasm to continue working and earning money. do not easily give up make your dreams. you can become rich from bitcoin. believe it.. Nothing is impossible and if you keep on working hard in earning bitcoins and able to save good amount of coins then it can make you rich in future as no one knows how higher the price of bitcoin can go in future and if it does then your dream will become reality. |
|
|
|
The price of Bitcoin doesn't matter for a merchant that may accept Bitcoins as payment buy then immediately sells the Bitcoins. But for anyone that holds Bitcoins for any period of time it seems like the price does matter.
true, they do not matter what the rate or price of bitcoin .. merchants will accept that price. because the bear was of the user or buyer It doesn't matter to the merchants but it does matter for the users and if the price of bitcoin is low then I don't think any user would be interested in spending his coin and will only spend when the price of bitcoin goes higher. |
|
|
|
All we cando for them is to convince and try to help them out to earn on bitcoins.If they didnt like what we are going to offer to them then it is not our loss.Only people who crave to earn online is going to use bitcoins if they dont have interest on it then we cant force them.They have their own decision
I think you just need to show off to them. what have you got from bitcoin as a great income, let them see it. I'm sure of hate they would then be interested Yes everyone loves money and if you show them that you are earning good amount of money from bitcoins then it will surely change their mentality towards bitcoin and they will start thinking about it positively and may start using it. |
|
|
|
Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
There are many ways. If you like this forum, you can join signature campaign and earn from them, or you can sell some things here for bitcoins. If you feel lucky, you can try your luck in gambling, but i have to warn you that it is pretty risky. If you have bitcoins, you can create and own gambling site. Or, if you have time, you can try to trade currencies. As you can see, there are many ways to earn, i told you few only, it is up to you what you will do. yes a lot of ways are there to earn money but i think the best way is trading alt coin from where one can earn a good amount of money. Trading is good only for those who are old in bitcoin world as they have been learning it since long time but for people who are still new they can start earning it from signature campaign and by offering services which involves zero risk. |
|
|
|
This article have missed to cover about low fee newbies used to put to save cost on payments leading unconfirmed transaction for many hours. That will make them panic about bitcoin and they will start blaming bitcoin network for it and some may even opt out from the idea of using bitcoin again.  Actually bitcoin was never meant to have high fees, that just got introduced recently by Blockstream. And that is a big turn off for me. I don't mind paying a nice fee to miners but it is getting to be a joke now. I am pretty sure that the transaction fee will get changed when Bitcoin goes more mainstream because people can't afford to send another person 0.0001 BTC just so the other person could get about a dollar or so. When I was using Bitcoin to send transactions with a Bitcoin client called Multibit, the transaction fee was usually set to 0.0001 even if the price went up. Now that there is a client update, the transaction fee gets really high when sending payments and there isn't any easy method to manually change it unless the code is rewritten. yes that is a big problem which must be solve on priority basis i think. it is now creating problem for the people. If you want to get rid of this problem then add higher fees and every thing will be fine as I don't think that its an big issue as people who are earning bitcoins are willing to wait even if it takes some time for transaction to get confirmed. |
|
|
|
|
I think OP should create a separate spreadsheet providing the information about the accepted members as looking at the thread I think OP have missed out many participants in the between and may have missed to go through their application.
|
|
|
|
Bitcoin has already reached to new heights in this year and we can expect the same from coming months too and I have great belief that the price of bitcoin will be around $1500 by the end of the year and if that happens then this would be surely the best year for bitcoins.
As a user of bitcoin I believe in only one thing that each and every year is a year of bitcoin as if you compare the price of bitcoin to the past years then you will see that price has gone higher in every year and we may see the same in this year too. |
|
|
|
|
Show Posts
