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1  Economy / Economics / Re: If you were in desperate need for money.... on: October 21, 2016, 08:25:43 AM
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.
if i need serious need of money or btc then i will go at btcjam . since there are some scammer person who takes money but not return but i am honest , i will make some loan for particular time according to as my need and i will return to that person .
Sites like btcjam or btcpop are not bad if you are honest about it,but just because of scammers,nowdays lenders dont trust many peoples,but if you already have a reputation there and already repayed some loans then the lenders can easily fulfull your loan request.
That's what happen due to the bad experience of the lender, you have no chance but to go to your family or friends if you are really in need of money in desperate times, if you have a job the better as you can easily convince a person who would lend you because they know you have a capacity to pay.

Yes if you are having a job and if you are working somewhere then you can easily borrow money from your colleagues as they trust you and they will be sure that you will pay them back when you receive your salary.
Not only from your colleagues but even in a lending company, that is good since you will not have any debt of gratitude from someone. In our place, if we loan money we just simply surrender our payroll ATM and then they will release our loan.

Professional person who is having a job can easily manage to get money in that situation as he holds a descent image in the minds of the people but what if a unemployed person found in the same situation, will people have same perception for him and will be willing to help him out?
2  Economy / Economics / Re: Invest your bitcoins. on: October 21, 2016, 08:23:26 AM
Investing your bitcoin takes a risks, anyway all investments
are in risks. But, its a matter of how you manage your money
well. It's a good idea also that you invest your bitcoins like
trading, and other investment sites

I think investing in trading is better then investing in any investment sites as we don't know how long those sites will survive and if it disappears in future then it will bring huge loss for us resulting in loosing our investments.

Trading is not investment, its a job. Investing is put your money for work and get return from them. And some people use trading as gambling and think they are skilled because they profit until they lose alot.

If you will go for trading without any knowledge and skills depending only on luck for making profits then there will be no difference in trading and gambling and you will surely loose at the end of the day.

For the bitcoin, there is no need to do a lot of trading. You just buy some bitcoin and hold, the price will rise.
It depends on the type of person, there are investors who are interested only on long term investment but there are others as well who like to do both, they trade as well so they will be abreast of the latest news about bitcoin and for the chance to make active profits.

Bitcoin and altcoins are giving us an opportunity to make quick profits so I don't think we should let go in waste and try to earn quick and regular profits from trading.
3  Economy / Trading Discussion / Re: Is 1000 btc Possible on: October 21, 2016, 08:21:12 AM
In my opinion, 1000BTC is too much to get if you invested just 10 or 20 BTC. You will have to invest a significant amount in a good projects and will have to wait for a long time. You should be able to get 100 or 300BTC in a 2 to 3 years time but 1000 BTC seems like a big mountain to me. But who knows, maybe you might get luck and get it in the coming years!

You should read what the OP asked. he asked by way of trading altcoin, 10 or 20 BTC was very good capital to trade altcoin. because you can get at least 0.1-1btc/day, even it can be more if you're lucky there are coins increased very high. but if in invest of course it will be difficult to achieve 1000 BTC with 10 or 20 BTC.

Yes and I think with that capital you can manage to make profits of 100 btc and that also if everything goes in your favor, but do you think if he invests all 100 btc in altcoins then 1000 btc can be achievable??
4  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 21, 2016, 08:16:54 AM
Trading is unpredictable and I think that its something that is also based on luck and cannot be done on a easy way too.
Its not easy and trading is also very risky sometimes due to the luck that it requires, the market is changing every minute...
The difficulty of trading strife’s from the fact that is very difficult to make consistent earning over a period of time, since sometimes your analysis will be wrong or luck will not be on your side then you can lose some money and now you are in the position to try to recover your losses.

That's right its impossible to predict anything accurately every time as many times you will be making a wrong move which will result in loss and that makes trading very risky place.

For trading, if you can predict rightly in 60% of the time and trade accordingly, you can earn a lot of money.
Well, that can be possible if you will study well the market of a certain asset that you are trading, therefore that is not easy to be able to make profit, although it is a unpredictable job but anyone can be successful with the right courage and hard work to gamble in trading.

In trading certain level of risks has to be taken to make money from it as if you will never take risk then you will never enjoy the profits and if you have good experience then you can expect better and positive results from it.
5  Economy / Trading Discussion / Re: How do I grow my btc? on: October 21, 2016, 08:14:39 AM
If you are a good gambler have good skill of gambling and experience with good luck you can really grow bitcoin in a very very short period of time, you just need to invest some money in gambling and if you are a luck person you will really increase your bitcoin in a sort time.

if you good anlys sport betiing you can get very fast grow and much you have bitcoin
but gamble can't rich, iam believe gambler can't rich, but grow capital money this can

You can expect certain profits from sports betting if you hold good knowledge of a sport on which you are betting as its less risky then other casino games where everything is dependent only on luck.
There's a chance but only if you will try it you will know your capability in sports betting, actually sports betting looks easy because we think when we are betting on the favorites we can make easy money but the reality is not, most of the time the public loses because games can be manipulated.

Exactly, we cannot be sure that we will make money from sports betting by predicting results easily as many times even matches are fixed and in that case it will bring loss for you.

Any type of gambling method is not the best way to grow your coins as majority of times you will be on loosing end which will eventually decrease the level of coins in your wallet.
In general, gambling will not grow your money but it will just simply lose your money, however if you will invest in a gambling sites you have a chance to grow your money but not as a gambler itself, no chance when you are not a real risk takers.

Yes if we can manage to find any trusted gambling site then we can expect some profits from it as house always wins and will allow you to make some profits from it but even though its a risky way to grow coins.
6  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: October 21, 2016, 08:12:37 AM
it's a stupid idea to put all your money in bitcoin.
i think better to save our money at some place, not only in bitcoin, because in future bitcoin still hav a chance to fail. and after it we will lost all our money Roll Eyes
I agree with you . should we save some of the money we have. probably around 50% for bitcoin. there are times when there is a problem, to be safe then we save the money in two places. in the real world and the world bitcoin.
That makes sense, yes. But it's mind boggling that quite some people go all in with their investment in Bitcoin.

These people are basically gambling with their entire savings, which I find a very dumb decision as it very well may land them in deep troubles do they sell their coins in panic.

Exactly, they will surely get panic and sell their coins at lower price if something goes wrong in future and its really worst to put all money in bitcoins even after knowing the fact that its future is unpredictable.
7  Economy / Trading Discussion / Re: Best Investments on: October 21, 2016, 08:10:31 AM
safest investment and best investment
if you handle is your money, you can trading your capital money
trading bitcoin and trading altcoin
or another your grow bitcoin but if you handle is your money

Trading altcoin is good if you have a good knowledge of it and for me the best and safest investment is to invest in gold and real estates as both have great potential to give good profits in long run.
8  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 21, 2016, 08:06:11 AM
You can make a lot of profit with holding the bitcoin for a pretty long time and I think that if you would do it now you can make big bucks because its going up more and more from now on.
Yes you can make big profits with it,some peoples already did who started mining or buying bitcoins in early days and holding them.But that kind of increase i dont expect again,but it will go up than what it is now thats pretty sure,but this way of making money i will consider a bit risky.
That was in the early days and they are making good profits because bitcoin that time was cheap but, now we believe that the price of bitcoin is a little bit expensive already but it will not worry you if you believe that price will significantly increase in the future.

But it is still not late if we are going to get good amount of bitcoins as we hold for sure we are still going to get good profit out of it. And right now
the price of bitcoin is ranging $620-$640 so I would say if you wanted to get good profit then you can just buy a single bitcoin today and wait for it to increase for sure you are going to get good profit.

You cannot expect to make huge profits by holding only 1 btc, as price won't go in millions in coming years which can make you millionaire only by 1 btc if you want to make profits with  only holding then you need to have huge amount of coins in your wallet.
9  Economy / Trading Discussion / Re: I quit trading on: October 21, 2016, 08:03:52 AM
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Any tip from those things you have learned?


So many peopel are quitting with the trades to day i dont uynderstand them because trades makes allot of money you know and why do you want to quit with the trades
when you make money with it!!

Not everyone can manage to make money with trading, there are many people who invest blindly in trading which results in huge loss for it and it you are not good at it then its better to quit it.
10  Economy / Economics / Re: The dream of getting rich with bitcoins on: October 20, 2016, 11:05:23 PM
Probably the time in which you could get rich overnight with bitcoin is over, right now is the time of steady profits, while that maybe not as exciting it can prove to be incredible profitable in the long run.
I think the key to getting rich in bitcoin is continuing to collect bitcoin from the income you get and store it on a regular basis, consistent with what you're doing, having collected many bitcoin, then sell your bitcoin and you'll get a wealth

Yes at this stage we should try to collect as many coins as possible as we never know what price bitcoin will touch in future and if it skyrockets then even descent amount of coins can make us rich in future.
11  Economy / Economics / Re: If you were in desperate need for money.... on: October 20, 2016, 11:03:52 PM
If I have managed to save enough bitcoins and if I find myself in desperate need of money then I will prefer to sell some portion of my coins even at the loss as it can be recovered again in future by earning them again.
12  Economy / Economics / Re: Passive Income on: October 20, 2016, 11:01:48 PM
For me to get passive income at a moment is only from signature campaign no doubt we need to work on it to earn bitcoins but I am ok with that as its giving me good additional income.
13  Other / Off-topic / Re: How did you get into Bitcoin? on: October 20, 2016, 10:59:08 PM
Someone told me about bitcoin that i can earn money by claiming faucet so that i try it but its so small. I claim only 100k satoshi in a month so i decided to find another way where can i get bitcoin bigger than faucet. Then i saw posting in fb page about trading in that time i would like to learn how to trade then after a week i try trade till got the right thing for get higher profit.


Its good that you found different ways to earn them on your own, as it was only possible for me because one of my colleague showed me to earn it in different ways or else I would never come to know about it.
14  Other / Off-topic / Re: What's your least favorite thing about Bitcoin? on: October 20, 2016, 10:56:42 PM
least favorite thing bitcoin is the lack of marketing and public awareness it. due to with it is still believed by many be a geek thing, simple or people who are not in the web world much don't want to get into bitcoin world.

That's true majority of people are not aware about the bitcoins as it lacks promotion on international level and if it get good recognition then it can reach to many people and it will also attract them towards it.
15  Other / Off-topic / Re: Why would customers use Bitcoins? on: October 20, 2016, 10:54:05 PM
Why? Because most services which accepts bitcoin now are not asking about my name, address or credit card number.
In addition I am sure that no one will hack their data base and steal my personal data, credit card and use it later.

Is that enough?

No. I think that is not enough for OP.  Grin
Maybe some people are always expecting for something more and doesn't appreciate what's already there. They can't get contented easily.

Well that is enough for most people because you don't have to get the identity of the person who you are going to transact and that's why I can say that customer would really be encourage to use with bitcoins. And about the security, we can surely safe that the blockchain technology is really safe, but not the bitcoin wallet provider.
Bitcoin transactions are risky if you are dealing with an unknown person so we should be very careful while buying and selling stuffs with an individual and its always good to go with escrow.
16  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 20, 2016, 10:51:46 PM
will never happen. bank will stay always. coz its not possible for everyone to use a single currency worldwide. also not all people use a single way to purchase everything. Banks will always win, they have support from the Government and the society.


Yup and banks are more older and stronger then bitcoins and there is no point in thinking that everyone will quit using banks and switch to bitcoins and that will never happen as even in future bitcoin will be having limited users.

And people are more trusting banks against bitcoin so it is not going to happen and people are more used to with banks. And for those people who doesn't even know bitcoin, they are going to think about it that how did it manage to make banks for this decentralized crypto currency that has been established and running within for just few years.
The fact is most of the people are not familiar to bitcoins yet and who are aware about it don't have faith in its ability as they have a feeling that bitcoin will not survive in long term.
17  Bitcoin / Bitcoin Discussion / Re: Who really uses bitcoin? on: October 20, 2016, 10:49:51 PM
I do believe the people which uses bitcoin are the developers and the people which as me do search for a source of income online, in the general the most are man, womans dont like to waste their time collecting money, they like to spent it nothing else, man always do search something to earn a extra money dont know why just man.

Because women knows that they will get everything ready on table and their men will take care of their expenses but at this stage very few people are aware about it and very minimum percentage of entire population is using it.
18  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: October 20, 2016, 10:47:21 PM
not help country but can help person inrcraese income
because only person use bitcoin can inrcaese income, and all people in country can't use bitcoin
diference knowledge about technology

That's right and bitcoin is not that popular at a moment that it can help whole country as most of them would not be having any knowledge about the latest technology and its hard to expect from them that they will start working on bitcoins.
19  Other / Off-topic / Re: bitcoin affects life a lot on: October 20, 2016, 10:45:09 PM
Well bitcoin is helping me to balance my investments as well allowing me to earn extra money all the months, without bitcoin i would be wasting my time into the online searching for some way to get some income to monetize the time i do spent online.

We have wasted our enough time on facebook and youtube and if we would have invested that time on bitcoins then we would be holding some higher amount of coins at this stage.
20  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 19, 2016, 05:39:07 AM
If you have a lot of resources and have enough money to compensate your needs.. then selling your Bitcoins is not an really option. You should invest with your Bitcoins rather than selling. Just my thoughts.  Grin

This is true but I think that on a day you have to sell it because otherwise the profit is most likely minimum investing with the bitcoin in something is also doubling your risks if you are asking me.
If you dont sell bitcoin you will not gaining the profit you should sell it the only you invest is patience and increases of the price. but it takes a long time before we can see huge price increase for bitcoin its not the same right now because bitcoin has a big chance to go huge increase if many investors are invested in bitcoin its growing day by day.. and i think many people are always waiting for 700 value that can possible to happen before end of this year..

$700 price is likely to achieve in next couple of months and I am sure many of them will prefer to sell their coins when it hits that price and I think that is the right decision to make.
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