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181
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Other / Off-topic / Re: What can i do with 3 Bitcoin?
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on: September 23, 2016, 02:18:14 PM
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forex trading in three months! Investing small amounts and I can guarantee you if you have experience you double.
That's one way you can do with three bitcoin.
But experience is required!
Yup! you would certainly need experience to invest with bigger amounts and gain money with it cause trading will always have a risk involve with it and you would need to know the movement of certain commodities, currencies etc.. you will actually need to keep an eye on the trade you will invest, or if you don't have time for keeping an eye on the movement or commodities and currency you can ask from somebody who can but there are certain payment for those! I think investing in forex trading is bit risky for me, so I will not risky my 3 btc in it and I am into altcoin trading since long time so will prefer to invest those 3 btc in it. |
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182
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Economy / Economics / Re: Is gold better than Bitcoin?
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on: September 23, 2016, 02:16:15 PM
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Well I think that gold is good for a long term only and with the bitcoin you can do both so I think the bitcoin is better and more profitable too on a short term.
Another thing is that its the future of all currency's.
Gold is always good as an long term investment and we can be sure that it won't disappear any time in near future but don't have same confidence for bitcoins as its future is unpredictable. |
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183
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Other / Archival / Re: Do you use bitcoin as currency or investment?
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on: September 23, 2016, 02:13:15 PM
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Depends on situation.If I need money and I have bitcoin,I immediately convert them into fiat and cater to my need.
As for investment,if I come across something really good,I dont hesitate to.invest my coins but it is very rare
Yes bitcoin can be very good at the time of emergencies as if you are short off money then you can convert them to your local currency anytime and rest can be kept for the future in the form of investment. |
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184
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Other / Off-topic / Re: {share} how you get your first 1 btc?
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on: September 23, 2016, 02:11:20 PM
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Nice stories here. Time and effort really is the key to earn bitcoin. And almost forgot, luck and whole bunch of it if your into trading and gambling.
I gamble sometimes but with not a higher amount so I can never expect that I will be making 1 btc from gambling but its surely possible with trading in long run. |
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185
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Economy / Economics / Re: Why do you buy Bitcoins?
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on: September 22, 2016, 08:06:12 AM
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I buy bitcoin because bitcoin are a great investment in my opinion. Investing into bitcoin can make great profit.
You need alot of patience for it though cause it needs time to grow and gain value like any other currency once did.
Yes we all put our money into it as its an best investment to make for the future, as everyone is hoping that price will skyrocket in future which can give us best returns on our investments. |
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186
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Economy / Economics / Re: Sell Everything?
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on: September 22, 2016, 08:04:32 AM
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If I was you then I would not sell everything because the price can go up again and then you have just sold for less money.
Always keep some Bitcoin because then you will not miss out on that much money, it will help try it out.
Yup, and price is going down at a moment, so even selling some of them at this stage is not affordable, as it will give less profits, I have a plan to hold them at least for next 3 years to make good money from it. |
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187
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Economy / Economics / Re: Investing Bitcoins?
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on: September 22, 2016, 08:02:29 AM
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If you want to make money with the bitcoin you should invest into it off course there are so many people who are just holding bitcoins they are not supporting.
Yes, many people are just holding bitcoin and not investing anywhere just because of the risk associated with bitcoin investments usually. They are true believer of bitcoin's future growth. Their calculations must be they could get more profit than investments by simply holding bitcoins for years for price appreciations. because in my opinion hold bitcoin has included the category of investment will be more painful if you entrust your bitcoin on the investment site are based in ponzi because you will be losing your money. Never do that if you are a wise person, by simply holding your bitcoins is already a good investment method. you do not need to risk it anymore as the value of your bitcoins will surely grow overtime and I believe it will grow a substantial amount. Exactly, and its hard to trust anyone here in online world, as you don't know how is the person you are dealing with, so better way is to simply hold them for future and sell when price goes higher. |
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188
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Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC?
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on: September 22, 2016, 08:00:28 AM
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I think better not to invest in any bitcoin related sites because most of the sites are scam and may be you could become one of the victim. So stay away from investing in bitcoin sites rather you could do trading.
Many sites scammed us in the past so at a moment even if there would be any genuine site for investment we won't prefer to invest in it as we will be always having a fear of loosing our investments. |
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189
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: September 22, 2016, 07:58:03 AM
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I try to buy some in each dump, but not very often... I try also to get something more with the tasks performed here in the forum.
Just like these days the price of bitcoin falls so I would like to buy bitcoins as it is a good time for buying today. And I will going to use it for holding only. But most of the time I am buying bitcoins when I don't have enough bitcoins for trading because I have my own wallet for holding. And it is the main reason why I am buying bitcoins for trading. That's the right thing to do and price is below $600 at a moment so I think this is the best price to buy some coins and wait for the price rise so in future to sell them and grab some good profits. |
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190
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Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin
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on: September 22, 2016, 07:55:45 AM
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I believe that the biggest problem at the moment is that I cannot spend it more widely, the usage of bitcoin is limited to a few places, I wish that I could be able to spend it physically to buy things that I need.
No big deal, if you are eager to spend your bitcoins then convert it to fiat and spend, and if you do so then you are ultimately helping the economy by circulating the coins. |
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191
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Other / Beginners & Help / Re: Doubling Bitcoin?
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on: September 22, 2016, 07:54:18 AM
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What do you mean by doubling bitcoin, it is the same as doubling your money when you have for example twenty dollars.
You have to make the same amount again to have it double. A good way of earning bitcoin is by trading if you are any good at it.
If you are a smart trader the you can double it from trading and I think that is the best place to double your coins which is not dependent only on luck, knowledge and skills will help you in doubling it. |
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192
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Other / Off-topic / Re: Any safe way to grow my bitcoins ?
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on: September 22, 2016, 07:52:35 AM
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The safest way to grow your bitcoin is trading helps to double , triple and many more your bitcoin.
You can buy and sell and make profit.
You are right if we talk about the quality only. It's true that you can double or even triple your money. But let's not forget the "quantity" and "time" here. Quantity is how much money is required to be able to trade. Time is how long does it take to be able to finally double it. This also depends on the amount, if you just put the lowest amount possible, then you can just make a double in the slowest time possible. it only depends on who is doing it! if you are an expert trader or at least have some knowledge of trading you can make $1 into $100 in a short time and then work your way up the chain from then on. and trading altcoins these days provides a very good opportunity for making huge amounts of profit even in a short time because there are a lot of movement in different altcoins with massive liquidity. That's true but you also need to make sure that after doing good research you invest in a right coin, as there are many shit coins available that can disappear with an blink of an eye. |
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193
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Other / Off-topic / Re: How do I make money with $100 USD BTC
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on: September 22, 2016, 07:50:28 AM
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With that amount of money, you could definitely start doing altcoin trading. Bitcoin to USD trading wouldn't be that much profitable. In every pump and dump, you're only going to make like 3$ to 5$ max. You could also buy some coins right after they got into an exchange website. You'll be lucky if it rises after a couple of days. Keep in mind to not put all of that 100$ into a single altcoin.
Its better to invest in different altcoins and if price pumps then you can make good profits from it, but when it comes to altcoins, there is no guarantee that you will be making profits from it. |
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194
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Other / Off-topic / Re: What do you hate about Bitcoin ?
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on: September 22, 2016, 07:47:50 AM
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I'm not here to advertise any alternative coins , no worries .
Bitcoin is not perfect (nothing is if you ask me) , so I would like to ask users what are the things that you hate ? or simply don't like in Bitcoin and would like to see them changing (If possible of course) ?
I myself don't like the fact that we can't get at least an estimated number of the how much Bitcoin user there is out there or know how Bitcoin is growing .
Transactions shouldn't be taken seriously because there is a lot of services that use bots to make those transactions (sig campaigns , gambling websites , faucets , and exchange services).
Number of wallets in online services such Blockchain.info shouldn't be taken seriously as-well since making several accounts is possible.
Why should I hate Bitcoin that makes no sense to me what so ever. Bitcoin is allowing me to make so extra money by using it as an investment. I would never hate something that can make me more money. Yes we don't see any point to hate it as its helping us in making some extra bucks from it, and if someone is helping you in getting more financial stable then there is nothing to hate about it. |
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195
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: September 20, 2016, 05:41:25 PM
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I am gonna spend my bitcoins by buying some books, but I will exchange it into cash first because bitcoin is not totally accepted in my country. Only some people who sell credit accept bitcoins as money.
I do not spend my Bitcoin without a good reason because i think that that is a waist, Bitcoin can be worth much money in the future. Spending them now would ruin your chances on making money with them later on. Well I think we should spend our bitcoin when there is enough good reason as you said. Bitcoin is a currency too that needs to be taken care of and not to just waste in a none important things. As for me I am spending bitcoin only if i have important stuff to pay like monthly bills and or buying other cryptocurrency for trading. Yes bitcoin is an currency and it should be treated like a currency in order to take it price to next level in future and I think spending them online is the best option we have at a moment. |
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196
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Economy / Economics / Re: How to earn money with bitcoin ?
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on: September 20, 2016, 05:39:20 PM
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If you want to earn money in short term then altcoin trading is the answer to your question as it involves huge pump and dump and if you can manage to grab that opportunity then you can make really good profits.
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197
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Economy / Economics / Re: Bitcoin can not replace fiat
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on: September 20, 2016, 05:37:13 PM
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Rightly said! bitcoin can't really replace fiat in any way. Fiat system is an established form of currency around the world. Bitcoin may be the king of all the virtual currency but it doesn't have the power to replace fiat.
To use bitcoin, one needs to be tech savy and then only he/she will be able to grasp the concept of bitcoin in its true sense. Without iunderstanding the technology, bitcoin usage will not lead anyone to anywhere.
Yes and even if bitcoin gets on the mainstream in future, it will always be used as an alternate currency to fiat and majority of people will prefer to use fiat for their day to day transactions. |
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198
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Other / Off-topic / Re: Earning a living with bitcoin?
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on: September 20, 2016, 05:35:04 PM
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Bitcoin is an extra income from me and I don't have many ways to earn it, its taking care of my basic stuffs and I am satisfied with it, so not expecting a living from it not now and not even in future.
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199
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Other / Archival / Re: .
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on: September 20, 2016, 05:33:15 PM
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As my experience as a bitcoiner, i could say that the best way to earn bitcoin is to do the signature campaign. Its totally free when you join. There is nothing to pay upon joining on the site. The only thing that you need is perseverance and determination in order to get your goal to earn bitcoin. Just do the simple task on btctalk and you will get paid according to the signature campaign that you belong.
Yeah if you follow the rules and regulations of signature campaign then everything will be fine with you and you can expect regular income from it at regular time. but i think if you invest some bitcoin in alt coins, it can really give you good income may be more that signature campaign because a signature campaign can give you a limited amount of bitcoin according to their policy but investing in alt you can make a very good amount of bitcoin. Yes investing in altcoin can give you higher income but the fact is you cannot jump directly in trading, and it also requires capital to invest, so its better to start earning with signature campaign and invest that money in trading in future. |
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200
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Other / Off-topic / Re: What is Max amount of btc once you own?
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on: September 20, 2016, 05:30:27 PM
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bitcoin maximum amount I have ever had less than 1 BTC gained from earning a signature campaign but I never bought 5btc when the price is below $ 300.
Yes have missed an opportunity to buy them when price was lower in the past, but I think we should not regret for that and try to buy and earn as much as possible at a moment to get benefits in future. |
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