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1021  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: November 02, 2017, 01:34:21 PM
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



How would invest bitcoin directly if most of the people don't accept them ? Not really feasable unless its your own business. Bitcoin is used to invest in online opportunities and not offline because it can be converted to fiat if you want to invest offline. People don't buy or save bitcoins to invest offline. By now it is clear the government and banks won't let it be successful as an actual currency in the real world.

It's hard to think that you can actually use bitcoins in real world especially if most people doesn't use it and and the government is not really into it. I think what he really means is that to use bitcoin and convert it to fiat and used it to fund his own business. This is a good idea actually, I also wanted to earn bitcoins fund my own poultry farm and maybe I'll open an bitcoin investment site for my own business but somehow i think it is not feasible enough to earn profits.
Yeah it is really tough to use the bitcoin at the simple when you know all the people are not yet aware of the bitcoin.First of the most you should get the proper information and then think about it that how you will be able to hold and get the profit, buying the bitcoin and not spending it will be the other source of the money making you will hold more and you will buy the high bitcoin for sure.
1022  Economy / Marketplace / Re: Give me advice pls! (Online shop) on: November 02, 2017, 01:07:22 PM
I think it would be electronic gadgets. Most people spend all their money on cellphones, laptops and computer parts. Just to tell you that there's a huge demand on mining rigs so it's a good idea if you consider selling those.
You are right but it does happen when you use the bitcoin wallet and the security things. Bitcoin is very safe and this is the reason why almost all the people in my country are using the bitcoin and they are aware of the bitcoin benefit for the long time, I hope the future of the bitcoin will be bright if all the people will start using the bitcoin and the currency will be disappear in the coming days.
1023  Economy / Economics / Re: Does this mean Cash will be extinct? on: November 02, 2017, 12:37:49 PM
Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer


it takes a long time to get rid of cash and the process is also not easy, it must be supported by human resources and good banking technology, however cash payment will not be extinct, maybe cash payment can be another alternative if the digital connection is disconnected
Yeah it is not very easy to get rid of the cash and to get in the bitcoin totally because a lot of the people are using the bitcoin and in the future the only currency will be the bitcoin not the other currency I hope the value and the price of the crypto is getting high and all the people will use the bitcoin for the betterment of the bitcoin I love the bitcoin and I hope all the people will buy the things with the bitcoin in the future.
1024  Economy / Economics / Re: Is it better to save money or invest it? on: November 02, 2017, 12:10:30 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?


The thing about saving is, the money inside the savings account doesn’t grow. Es, you’ll have extra money whenever you need it. Still, the money in the savings account will not last forever. So, it’s still better to invest.
Why not mate I have seen a lot of the people taking the profit and they are able to get the profit from the bitcoin I have seen the bitcoin price growing more and more so I think the value of the bitcoin is growing for the saving and it is not the time to sell it at all because still people are buying the bitcoin and they are enjoying the valuable profit from the buying and the selling.
Yeah if the person invests the money it mean be the person want to increase his money. If you will keep your savings in the cupboard or the bank you will not be able to get the profit or the income from it, but if you will invest your money you will get the profit and the benefit so from me as well it is the best decision to invest your money and to increase the profit more and more.
1025  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: November 02, 2017, 11:13:46 AM
There is nothing like skilled based gambling. Its only probability which sparing you over time and rolls. Trading need skills and knowledge which can get you rich with time. But not guaranteed in case of gambling.
Definitely these are only fusses created for this scene. How can you say that you have skills of losing your money in gambling? Can any wise person say this? I don’t think so. There must be skills required for everything but gambling is the only one unique, unfortunately, to have luck as dominant character in this game. While trading, as you said, is skillful act and you can’t rely on luck only.
1026  Bitcoin / Bitcoin Discussion / Re: Is Buying and Holding the only way? on: November 02, 2017, 10:46:16 AM
At the moment buying and holding long term seems to be more profitable and less stressful than day trading. But who knows how long this will last for? It could drop off big time and would require very big balls not to panic when that happens. If demand for bitcoins keeps rising, then its all good.
No there are also a lot of different ways such as mining, daily trade as well but I think holding and holding is fast way for earning I’m also one the investor of bitcoin and I buy bitcoin when he price is low but I don’t keep it for a long time I sell bitcoins in a week and get fast profit and it’s very easy and way to earning.
1027  Economy / Marketplace / Re: Bitcoin - new Business Opportunities on: November 01, 2017, 03:24:19 PM
Bitcoin is still new (less than a decade old)  and there are many business opportunities. There is good scope of business for bitcoins related services as the bitcoin market is growing rapidly; people are looking for easy, secure and better service for trading, storing and making online payments with bitcoins.
Having some bitcoins I can start my own regular business because a few bitcoin in my country means a lot of money because the price of one bitcoin in my country is about 460000 which is handsome money to start a small business with.

Investment in bitcoin is also a business and the earning is also an opportunity to have another regular business of your own. Two businesses two incomes.
1028  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: November 01, 2017, 01:32:47 PM
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Yup, absolutely. Bitcoin is surely a good investment and the difference of its market value earlier tgis year and its current price, only proves it. Its market value is way far from its value before which is only 2800$ and is now more than 6000$. Investments will surely earn huge profit and since the value is continuously increasing, more profit will be to the investors in the future.
Bitcoin is so promising that it is the best opportunity to invest your money as well as savings this will return you huge profit an those who had bought it in 2009 now they are millionaire and now bill gates is also praising bitcoin and that shows that how many of the famous personalities are relaying on this coin so invest now you have a chance to earn now otherwise in future its price will be in millions so don’t wait.
1029  Economy / Economics / Re: Is it better to save money or invest it? on: October 31, 2017, 12:58:34 PM
for me i think its better to save. although investing can grow your money. but sometimes investing not always giving you a luck.
Everyone has his own point of view but I think otherwise. Saving is no doubt a very good thing and it is the best way of keeping your money safe which you can use at the time of need. The thing is saving cannot help you in increasing the amount of money which you are having.

You have to take such kind of risks if you want to go for earning something big. Investment is the best way of earning more money.
1030  Economy / Gambling discussion / Re: If bitcoin can be used in gambling. Is it possible to use it casino? on: October 30, 2017, 08:09:43 AM
There is many Casino accept btc.
I suppose he means in real life, I think we may come tot he point where casinos are going to accept bitcoin but when that day comes then that means that bitcoin is already accepted everywhere, since I do not think casinos are going to adopt bitcoin earlier than any other industry.
We just need to wait and watch for this thing to happen. I think this is really a great idea to use bitcoins in casinos and there is no harm in it. In fact, this will increase the market value of bitcoin and will help bitcoin in becoming more popular.

In my opinion, bitcoin can be used just like paper money at almost every corner of the world. We just need to wait for that time when we’ll be having no need of keeping paper money.
1031  Economy / Gambling discussion / Re: Player Vs Player Betting Game. Will you be interested to participate? on: October 29, 2017, 07:07:45 PM
I will be definitely interested if your site is authentic and there is no scam. Now a day the people afraid of the fraud and scams because nobody wants to lose their hard earning money easily and the scammers took all their money in few seconds. Therefore if you guarantee your site then I will surely participate in your game. I like gambling and I have sound money with gambling and will continue this.
1032  Economy / Trading Discussion / Re: How do you deal with loss? on: October 29, 2017, 12:31:13 PM
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


I will face the loss with patience and control my emotions I will keep and wait until the price back up because I do not want to lose more, I will make my mistakes as a lesson to be more careful and smarter in trading
What you said is truth, be calm and in control of your emotions is best way in dealing any kind of problem. All who work make a mistake, some more some less. But what make us intelligence, it is choice not to repeat same mistake. If you made a mistake once, learn from it. If you make that same mistake twice, you need to ask your self why have you done it again. And if I made a same mistake for the third time... well than I would say for myself that I'm an idiot. So everything we can do when we make a mistake, is to learn from it what we can and try not to repeat it. Dwell in the past don't help either.

Here we see the importance of studying which coin you'll trust your money on. I'm good with holding for a long time as long as i'm confident with the team behind the coin i bought. Prices drop every now and then but reliable coins always bounce back so it's upntonus to determine where we'll place our money
If you want to invest your money in the world of crypto currency, then the most important thing you need to take care of is that you are going to choose the right coin. In case you suffer some kind of loss, then you need to remain brave and you should never lose hope. In fact, you need to learn from your past mistakes and you need to plan the things well so that you may be able to recover your loss.
1033  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: October 29, 2017, 07:51:48 AM
For our generation we are getting a huge advantage.We can hold both gold and bitcoin and earn a huge amount of money from it.For me holding gold and holding btc is the same
I don’t think so that holding of bitcoin and holding of gold are the same things. In fact, there is a huge difference in both of them. For me, holding of gold is a good option but it cannot help you earn any significant kind of profit as the market value of gold is almost stable.

On the other hand, holding of bitcoin actually means that you are going to have much more money than you actually investment after sometime.
1034  Economy / Economics / Re: When to buy and sell bitcoin on: October 29, 2017, 05:48:25 AM
'Catching a falling knife'
We can never know when to buy bitcoins--one day its bleeding the next day we're seeing green candles. Selling on the other hand can be arbitrary; you could sell even if he value is low if you badly needed the money.
It is usually always like that. Unpredictable and there is nothing that can be done about it except trying to understand the trends and maybe making use of it for our benefit, not without some plans and strategies anyway. For long term, it is just best to buy at any point you have the funds and if you have more funds when it dips, buy more and wait for it to grow, probably, then sell or leave it.
1035  Economy / Economics / Re: Future of Bitcoin Economics on: October 28, 2017, 08:59:05 AM
I guess, mass adopting of Bitcoin is now happening and obviously it's changing the world economics, if you see to the most important media you see more articles and videos talking about BTC.
Yeah world economics is really getting changed just because of the bitcoin adaptation and more of the first world countries are relaying on this coin and in future this coin have a great impact on the particular region’s economy and those regions who are still thinking for adopting it are seeing the profit and the progress and development in those countries who already accepted it and soon it will be global currency.
1036  Economy / Economics / Re: What will happen if we use a one currency only? on: October 28, 2017, 06:50:53 AM
That means practically to cancel trading, which will have as a result many people to loose interest in cryptos. Also, that means that there will be no diversity in anyone's portfolio with a result the economy to stabilize at some point and stay neutral. Also, the one coin will turn to be controlled easier by governments.
You are so right. If there will no competitor, how can a single currency be used for trading.It will be end of this profession, at least the digital trading one. I don’t know what will happen if the government will become able of controlling one currency easily because at the present, there are not many issues rather governments don’t care about them but the point is having only one currency for the whole world is a bad idea and practically impossible too.
1037  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: October 28, 2017, 05:47:15 AM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
Trading is not a easy matter .First you need to control your mind and emotion.Trading is best way to earn a more profit daily or weekly or monthly .But if you doing anthing without thinking you get zero

Without analyzing it is not possible to make money with Bitcoin. It is always good to control yourself when you are investing into BTC, but I don't think with Bitcoin investment you cannot make fixed income because when the price increase you will make money but when nobody doesn't know.
Absolutely if you are thinking of getting into bitcoin only for making fixed profits then it is only your fault or you can say you don’t have learned enough. Bitcoin is not for the fixed ratio of profit. Reason is just simple, market is so much fluctuating.

You don’t do anything just invest and get your profits on selling when prices are high. Gold will be better option if you want fixed income.
1038  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: October 27, 2017, 09:11:28 AM
My plans with my bitcoin is to hold them while I could or save them for my future purpose's .
I also plan on trying to invest in some alt-coins to do some trading .
Bitcoins have the major benefits that it can be earned with any amount of coins we have. Trading, investing, gambling, etc comes under it. If you have some good amount of bitcoins then you can simply store them in any investment site like yobit investment box and can make profits by collecting the interest rate or else you can utilize your coins to make more profits via then like purchasing miners, trading, etc. Each way is profitable but will depend on the way you use it. Bitcoins will give you a good amount if profit if you have some good knowledge about using it or some good skills. No hard work is required in this field and you just need a good amount of knowledge to qualify here.
1039  Economy / Marketplace / Re: How erning over 100000 satoshi/wekly on: October 27, 2017, 08:22:55 AM
I've been trying faucets and most of them don't work.  There's a few that do but they still pay very little and it hardly seems worth the effort.  I'll have to look into signature campaigns.

Faucets are not meant to be earn you. they are meant for the owners to be earned. You will just waste your time and not get anything. Instead once your rank increases try some good signature/ Facebook /twitter campaign and they may be worth your time .
Faucets is good way to earn if you are still newbie in bitcoin and in this forum, like me i started in claiming faucet until i reach this rank i collect good amount of satoshi. Correct that signature campaign is one of the best source of income but much better if you have some alternative way to earn bitcoin until now i am claiming in faucet in freebitco.in and i do not stop until its free and having free time to claim.
In your opinion, what is good amount of satoshi?
Nowadays you can claim 10-30 satoshi from faucet, maybe that good amount sounds good for you, but it isn't.
How much satoshi can you possible earn from faucet in 2 months?
You wasted your time!
Faucets won’t let you withdraw anything until your claimed amount of Satoshi reaches 500,000 Satoshis. I believe that amount will be worth something food, cause price is high, though I do see it as a waste of time too. Before you get up to 500,000 Satoshis, it will take a long time, cause what you will be earning is like 500 Satoshis every 30 minutes. You should calculate how many you will make daily.
1040  Economy / Economics / Re: Does this mean Cash will be extinct? on: October 27, 2017, 07:46:23 AM
MAybe yes or maybe no it is kinda difficult to say whether cash can go extinct or not, but as Sweden taking a step towards it kinda hints of low usage of cash and not cash going extinct. Many nations still use cash as a major form of currency. So what I think is that the usage of cash will be lowered down and not cash going extinct.
Oh nice! What would they use then, stones? Very good. But know this– that Sweden is going crazy doesn’t mean the whole world would go crazy alongside, everyone has their own interests and if they choose that path, it’s completely their own business.

If they make their country one with no cash then tell me how would you pay for physical jobs? How would you tip beggers on the street? How would you tip that waiter that does a very good everyday at that your favorite restaurant? Just tell me…. I don’t. Need to go further.
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