I'm planning to get 1 for myself but I will not use it like my regular credit card, just for emergency purposes only and I heard fee's are kinda high
always useful to have such a thing available in emergencies though, why would a person care about transaction fees in emergency anyway. I have a seperate bank credit card for such emergencies, its my back up account. The ones I use on a rainy day, but its all good. I am trying to use the most out of what banks could do for me, but bitcoin somehow seems as an overall satisfaction, just craving more adoption for better transactions. |
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I think BTC future is bright.  It is most popular crypto in the world  That isn't any reason for the future of BTC to be bright. Kodak was the leader in cameras Nokia was the leader in mobile phones. Where are these companies now? bitcoin is a not company.. you can't compare this things Bitcoin is not a company but can compare with those examples. Couple of years back price of 1000+ and now 200+, those companies position also almost same now. Bitcoin is not a company but very similar to how the shares of a said company perform. The more it is invested on, the higher returns are received and the worth of what you own (shares) increase and appreciation takes place, benefiting you too financially and if those are equity shares, you even get power and voting rights. That's just how it goes mate  |
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I think it's a crock of shit. Anybody agree?
Every douchebag with an iphone color wants to be the next pewdiepie and have a giant corporation pay them for buying viewbots.
All the people watching that garbage are wasting their life en mass.
Maybe a virtual currency forum isn't the best place to garner support for that sentiment....
What's a "pewdiepie"? You're bitching about Google Ads, but they're not really they're just capitalizing on the ridiculousness that is advertising and what companies believe brings customers to their sites. Maybe they're shitty for providing an opportunity for ads to be pushed in front of us constantly on websites (that's another debate). But they're not producing the ad content, they just rent out space. And they pay by either views to a page or clicks to the ad - pretty logical. What's really, really crazy is that companies actually pay Google (and therefore site owners) for page views. How many pages have you looked at and ignored every single ad? Thousands I'm sure. It's a complete waste of money and a largely ineffective way to advertise. Everyone's looking for passive income...do you blame the guy who pays for the service (the company advertising), the guy providing an infrastructure for that service (Google), or the guy who rents out his website real estate for the ads? I have an opinion, but I'd prefer to know yours. According to you all companies who advertise through google adsense program are waste of money or they do not know the marketing strategy is it? Paid advertising is a great way to guide more traffic to your site or product to increase your business leads. If companies don't make a profit from these advertisement then surely they will stop. Another thing as of now pay per click advertising programs the best one the google advertising others may be cheap but you won't get good quality leads. Another point is google adsense program advertisers pay only for ads clicks not for page views Marketing through google, facebook and other social media is a pretty sweet investment considering how much attention other sources get you like television and radio, they are much costlier and I think social media marketing and advertising is the most effective economical solution to marketing needs. A lot of advertisers receive profit from their ad investment, I am one of such people Oh, and google also paid on page views, depending on the content. |
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Now that the price of Bitcoin has collapsed, now is the time to buy. I am HODLing my earnings from the signature campaign hoping for the XT stuff to clear up. By then the price will go up So right now it's better if I keep saving the bitcoins I earn from sig campaign and buy bitcoins to HODL.
for me holding bitcoin in price drop is best option to get more money my fair rate to sell bitcoin is 250$ so if i can earning 0.035/week = 8.75$ it's good to pay some cost If you are somebody who really understands the technology and believes in it and thinks that yes bitcoin does share the potential to grow something really big, then you shouldn't worry, just trust your investment. The price fluctuations will be an issue till more adoption takes place, don't worry about that. Just think about the bigger picture of bitcoin, and play smart |
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Why would anyone keep bitcoins in a bank? The whole concept of bitcoin revolves around using peer-to-peer technology to operate with no central authority or banks. It eliminates the nasty charges and unnecessary money sucking procedures that banks carry out in the name of providing you a storage for your money. You're giving banks power and underestimating bitcoins if you're keeping them with banks. Disgrace!
One word - Interest. Right now, there are no avenues for me to safely invest my bitcoins. If a bank started accepting bitcoin deposits and pays interest on them, I would be ready to give them a chance. well then you should check out platforms which lend btc, there are many websites for that which can even provide you quick interest over your bitcoins. Some examples of such website would be btclend, btcpop, etc. Check them out, maybe you can check out and browse some deals, it is a profitable opportunity for businessmen and private investors. An example of a btc lending post: https://bitlendingclub.com/loan/browse/lid/17584/30-btc-for-30-days-3-64 |
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I like bitcoin for anonimously gambling purposes it is an awesome invention just for this. But gambling ruins my life. So does bitcoin ruins my life? If you would continue with gambling then definitely it will ruin your life, But if you stay away from gambling then it would be helpful in many ways, as there are many plus points associated with bitcoins, So for me it has definitely helped me in my my life, I was also involved in gambling at the initial stage but I lost in gambling, and that day I decided that I would stay away from gambling, so now I only use it for online shopping or online transfer which is very convenient, easy and time saving. you decided to stay away from gambling when you lost, and that is why you are advising against it. I left gambling when I made way much money from it and I don't gamble with a lot of money now, solely because I have discipline and I make wise choices. So gambling is not something for just an average dude, it is for people who can make smart choices. Losing a lot and still gambling= not a smart choice. |
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Yes, that's right. Bitcoin is really becoming the global currency around the world. I think with time there will be some countries, where BTC will be very popular BTC is gaining popularity across the globe that is for sure, and more and more people are getting involved in using bitcoins as a currency or as a mode of payment, but I don't think that it could replace any major currency in the future, as its very difficult to replace USD who is a market leader since years, People would use it as a currency but it would be secondary currency for sure. bitcoin has always been marketed as an alternative to the standard currency, not a replacement. The daydreaming noobs have showed others a beautiful future and a bigger picture, to which a lot of people think about but often do not perform that amount of efforts for bitcoin to succeed such a way. Simply talking more about bitcoin could benefit much, then why not give it a casual try |
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invest or get a decent job
and earn also dont forget to save
That will not make you rich, it would just take care of your basic standard of living, and getting rich is not possible overnight, it requires great level of hard work, dedication, discipline to get rich, and you should be honest in what you are doing, investing in right place and at a right time can make a difference or simply get married to a rich girl, that is the quickest way to get rich falling in love is very hard for people who are not as pretty as you, mate I would rather put more effort in working on my ventures and create contribute more to the world by creating more employment in the world. I am also interested in investing in the crypto world, also make profit by lending btc sometimes and I frankly enjoy the world of crypto technology. |
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Coinjar has also released a bitcoin debit card, although i belive its only availble for Australian customers.
I've had mine for a few months now and it comes in handy.
It does have a $2 AUD fee when used at any ATM which is a bit anoying but i guess you pay for the convenience.
Could you explain the whole functioning and procedure of the bitcoin debit card? I find it very hard to understand how it comes handly unless you're using it for trading/exchange with someone who accepts bitcoins and to what I know the whole bitcoin system is not very out other/popular in the world. Seems impractical to me. Do you have bank or debit card? If so do you use it? If you do then you already understand the convenience of a debit card. I do not understand why people cannot see the use of a bitcoin debit card. Think of it this way. If you receive bitcoins you can use it to to buy things online or at a retail outlet where bitcoin is accepted. If not then you are forced to use your normal bank card and or fiat money. You can off course also send your bitcoin to an exchange, sell it and then withdraw the money you received from the sale to your bank account and then withdraw that money and or use your bank card. This whole process has several fees attached to it. First you pay a fee to send your bitcoin to the exchange, then you pay commission on the sale of your bitcoin, you then pay a fee to have the money sent to your bank and again when you withdraw the funds from your bank. Instead of going through all of the above you can just send your bitcoin to say either Xapo and or Bit-x and thats it. You pay one fee. You then just use your card to buy whatever you want wherever you want, whether they accept bitcoin or not does not matter. No need to sell or convert your bitcoin, you just swipe your card. And yes, there are fees but they are not as high as everybody makes them out to be. The whole process of converting your bitcoin to fiat is just as expensive and it takes days. With a debit card linked to your wallet you can start swiping the moment the funds are confirmed. So the choice really is whether you only want to use your bitcoin at places that accept bitcoin and or whether you want to use your bitcoin whenever you want to. With a debit card you can and its much more convenient than going through the whole exchange thing. I think miracal meant it sarcastically. Dude, why would I pay something/buy something from a bitcoin debit card, cashing out my btc + paying transaction fees/conversaion-exchange whatever fees along with my order? If I pay from bitcoin debit card, I would be in a way cashing out my bitcoins rather than using them properly. Nah, would rather pay that with bank's debit card or fiat. |
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For me, Bitcoin is a source of income for savings for for me, yes the price matters. I try to follow the Wall Observer thread to find good times to buy and sell Bitcoin. I am in it for the long run though, as I see it as the way of the future. Over time, people will adopt to it.
Ofcourse the price of bitcoin really matters for me as it is a one of the source of income for me, and yes I really get nervous if the prices are going down, and at the present the scenario is the same as it is not growing but it is falling and that is not a great news, So I want that the price of bitcoin should keep on growing higher and higher so that it can be the most profitable investment for me in the future. yes, I like answers like these which are honest. Hate it when people pretend they want price to grow because they want to see better for community and want the economical evolution would take place. Very few people here honestly give a care about the technology of bitcoin but rather searching for short term ways to make gains through bitcoin. But sometimes, just want something to think about a bigger picture too |
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LOL you think will replace dollar but you wish the price reaches above $1000, only look in terms of price  The only reason behind the success of dollar is that it is the official currency to buy petrol, it is called the petrodollar. as far as petrodollar exists, there is trade taking place by all the countries in huge amounts which involve dollar which ensures that dollar will never be stopped using in trade, so all the countries developed value for dollar too similarly, causing U.S to not worry about paying their debt back. |
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Bitcoins will be hard for them to stop without shutting down the entire internet. Should a government act against bitcoin, it would drive the price through the roof.
The government of first world countries would never want their beloved currency to go to waste. They are already acting against it. They can't fully go through with it, however. It's a decentralized currency. The only possible outlet they have is putting place laws and regulation that make it harder to obtain or trade. NYC bitcoin LBC exchanges have pretty much been banned because you need a license (which is hard to obtain) in order to purchase/trade bitcoin. I wouldn't be surprised if more came. I think there is a lot more difficulty in trading bitcoin with a fiat currency, as the fiat part can be tracked without too much trouble, and as long as financial institutions/banks carry out the government's will, it can make it a chore to trade. What is very difficult to control however, would be bitcoin being used to buy and sell actual goods and services. It is very effective at doing that, whether the government chooses to act against it or not. In fact if they choose to be against it, then they will force bitcoin users to operate outside of the law, and that means that they won't be able to capture any tax revenue from sales. I don't think so it is as easy to track where the fiat is coming from, when you are tracking it without knowing the owner, however it might be a different case if a bank is trying to find out In order to completely get myself anonymous, I lent some btc and even earned bitcoin from scratch, paid my crypto dues, made my own money and basically I am anonymous to the world rn, don't think so I can be tracked so easily. |
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I think BTC future is bright. It is most popular crypto in the world The future of BTC would be mainly depend on the adoption level, if bitcoin hits the mainstream, the future would be bright, but if it doesn't than I would definitely bit worried about the future of bitcoins, as the future is unpredictable and we cannot over expect something from bitcoins, So if more and more people starts using bitcoins, then the future is safe, or else not. I think bitcoin will profit as much as people do, but people would not profit much if the mentality of the people does not change. Most of the people are looking out for short term profits, make quick money and make a move. I don't think so that bitcoin should be limited to just that, I want people who should share a similar vision of a better operation of financial transactions is in order. |
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it won't happen anymore i think, price is already recovering nicely, you can start to worry for $50 if we fall at 100, but we are not even close to that, but i know that i would start to sell long before $50 is reached, maybe around 100, but it also depend on how much bitcoin i have, maybe you should specify this point
I think it is a wise decision for us to publicly speak and spread knowledge about bitcoin, because the more people understand, gain knowledge and invest in bitcoin not only for personal financial gains, but more a better financial system and alternative of fiat, not only the price of bitcoin might change, but the possibility of an economic revolution can also take place. |
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I am a regular visitor to India (family ties, business.etc), and I don't think that Bitcoin will gain widespread acceptance in that country. Also, the Reserve Bank of India (RBI) is vehemently opposed to the usage of Bitcoin. Almost all the local Bitcoin exchanges and the other Bitcoin-based ventures have closed down due to the harassment from the RBI.
no, there are still local bitcoin based exchanges operating in India, and recently I have came in acquaintance with a lot of people who are in possession and even in business of cryptocurrency. I'm pretty happy that the market in India is expanding every year which proves that more adoption is taking place in India, pretty sure it will pick up soon. |
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The editing could be improvised, voice was hazy and could have been a lot of improvements on delivery of content too. I am rather glad there are people taking efforts to create content which raises awareness though, and I hope if the Rush dude reads this comment, he takes ir as constructive criticism I am actually pretty glad that this guy is making cryptocurrency based content. |
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100% bitcoin  I like bitcoin, because we can send it faster than gold, also we can sell and buy it without touching the physical of Bitcoin That is true bitcoins have more advantage as compared to gold, but people have more faith in gold as an investment product, the only advantage bitcoin over gold have is you can carry infinite number of coins in your digital wallet but you cannot carry that amount of gold, or there would be a custom issue at the airport, but bitcoins is safe to carry. I agree with you especially bitcoin has the advantage of much more than gold, as the value which can be for up to 1 satoshi, durability, ease of sell and buy, and many other advantages that are not owned gold, but remain cautious in bring bitcoin if something happens it will disappear quickly, always back up your wallet the qualities which qualify such modes of payments as currencies are simple qualities like fungibility, divisibility, scarcity, etc. The amount of flexibility in such qualities and the currency which fulfills the most needs which ar required at current time in a currency suits to be the best one. Right now, I feel pretty satisfied with bitcoin, as the fiat system seems very broken to me. |
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What i think? High chance it will fail. Speculative buying for quick profit is the main thing that will hinder progress and cause volatility to become an issue. Right now people don't see it as a realiable investment. Beats me. And with the split on the blockchain size consensus things will only get worse. I would hoard some coins but at the moment I don't see anymore good reasons to continue putting more money into it.
I feel there is a price spike coming soon and I would like to trust my instincts, I have been buying bitcoins slowly and not investing at all of it in once, so I do not have to face a loss or a profit directly, I am trying to average it. I don't mind a little profit/loss in trade though, because I am more excited when a more serious volume of adoption takes place, price does not affect my choice of purchase, just the time. |
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yeah its good situation for btc trader but its bad news for begginer like me  deal with the ups and downs of a rough market or go harder and invest even more than that, don't you panic and get worried about something you invested in. Nobody puts their money into something like bitcoin if they do not have a vision for something positive and are not optimistic and sure about how things conclude/ or someone who is a potential money launderer but I'm just sayin'. |
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I would never invest in gambling. That is the worst kind of investment. Maybe you will win once but the second time you will lose. So invest your 33 percents you planed to gamble with in something else. Long term investments don't produce large amounts of income but are more safer than the shorter term investments.
gambling is only sensible when you have money you can afford to lose. Most often, there is never any affordable money to lose  Just kidding, but I think the people who invest in gambling are prepared to take a loss as much as they are prepared to win. Its about luck and its fine to test your luck once or twice, have fun but just don't get obsessive with it |
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