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221
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Other / Off-topic / Re: What to do with Bitcoin?
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on: September 17, 2016, 01:20:01 PM
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Depends on your current situation. Are you able to eat three times a day? Are you short in terms of budget? If you're answer to both of these questions is 'No', then why would you sell Bitcoin? Are you impatient? Can't wait for the price increase? You're going to wait a lot if you want to earn out of Bitcoin-to-USD trading.
If you have an emergency and you need some money, there's no reason why you shouldn't withdraw your coins. Remember, you earned those money so you could spend them on something, not so that you could hold on them forever.
Keeping bitcoin unused is the worst thing to do with, there is no point in simply holding them without using at the time of emergencies, and if you are never gonna spend them then its better not to collect them. |
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222
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Other / Off-topic / Re: How long you in bitcoin world?
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on: September 17, 2016, 01:17:40 PM
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4 years and many more to go, this has been the best journey of my life so far, where I learned many new things about cypto world and also earned descent amount of money which will help me to get retired soon.
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223
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: September 17, 2016, 01:11:29 PM
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I believe that, despite the fact that btc wallets still have to evolve a lot to attract more users, I think it is already much better option than banks, because the use of btc wallets can give to us real control over our funds and, of course , better security, if you know how to use it.
I Totally agree with you. Anyway, I use both banks and bitcoin. Each has its uses at the nowadays. and we cannot ignore anyone of them. the great thing is that you don't have to ignore anything. as you also said, both have their advantages and different kind of usage for a lot people. why choose one when you can have both.  Yeah and I don't see any valid reason to choose only one when can use both of them, as banks are important for day to day transactions as at this stage we cannot use bitcoins everywhere. |
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224
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Economy / Economics / Re: Best way for steady income
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on: September 15, 2016, 09:49:28 AM
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Probably the best way in crypto, to have steady income, is by mining. But this will be worthwhile only if the cost of electricity in the place where you live is not very high.
That is true but you need to have an upgraded mining rig to be profitable, this days mining is only profitable for those big capitalists so if you do not have a big amount of money to start the business just do not try and shift to other ways in making money like trading. and like what others said that you needed to have cheap electricity too, for me investing into trade still the best if you just can take time to study and review the movement then master it with your skills you will assure to have steady earning from bitcoin to alt trade. In trading you are in charge of your own investment, you take the decision and if your decision is right most of the time surely you will succeed and there is a big possibility that you will be rich, so stay focus on investment that gives you a good potential income. Yeah, in trading we have a lot of risky, if we take right decision than only get profit, and if we miss it, so it has clear mean that we have lose, and again we should wait for a right time, but in investment it is easy more than trading, because everyone can do it, and trading it is not easy for everyone. But both ways are give us profit. Investment is never easy you need to go through great level of research before putting money into it, as if you choose wrong product then you will surely loose all your money. |
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226
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Other / Off-topic / Re: Will you accept bitcoin as your salary?
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on: September 15, 2016, 09:45:30 AM
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I think that I could not take it to accept Bitcoin as a salary because I do not think that I can pay my bills or food with Bitcoin.
So it would become a little to much work for me to be honest.
If you are ultimately going to sell your coins to fiat to spend them then its better not to go with bitcoins as every time you need to pay fees for converting them and it won't be profitable enough. |
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227
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Other / Archival / Re: Do you use bitcoin as currency or investment?
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on: September 15, 2016, 09:43:33 AM
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising  So, how about you? I make use of Bitcoin as an investment I do not spend my Bitcoin because I think that it is not smart to be spending them. The value of the Bitcoin can go up in the future and I am waiting for that to happen. Don't expect higher price of bitcoin if everyone keeps on holding them, if you want to see higher price then everyone should use it like other currency or else price will never rise in future. |
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229
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Other / Off-topic / Re: What will you do if you own 21 BTC?
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on: September 15, 2016, 09:38:09 AM
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It was my little dream to own 21 BTC and today i achieved it after hard work of so long time.Now i want to make my hard work pay me.I mean,i want that these bitcoins work for me someway and grow.Is there bitcoin bank that pays interest? What will you do with 21 BTC? How will you spend it? How will you grow it? Share anything you want that may help me to decide what should i do. Trade altcoins and hold the majority of your coins. You mean to say hold altcoins or bitcoins? As holding altcoin is very risky as we don't know when it can disappear so its better to take benefits from pumps and dumps and sell them straightaway. |
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230
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Bitcoin / Bitcoin Discussion / Re: Gambling and Trading Sites are awesome!!
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on: September 15, 2016, 09:35:51 AM
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ya, because trading and gamblig , if we lose it is from ourself and we can learn what our mistake so can fix it in future, not like ponzi and HYIP sites
I think lossing in gambling depends upon our luck rather than our skill sets. On the other hand lossing in trading can be considered as our mistake or misjudge to predict the movement. That's right, and in gambling majority of times we will loose as we don't want to get rid of our greed and we will keep on visiting that place again and again to recover our loss but that will never happen. |
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231
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Other / Archival / Re: What would you say to people who advice you to sell all your bitcoin?
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on: September 15, 2016, 09:32:17 AM
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I have a no problem to tell him, none your business" because i know very well about my bitcoins, Because when i started in that time i have only one bitcoin but now i have enough bitcoins, so thats all show that now i can manege my bitcoins, and also i know how can i earn it more, and which fields is better for me to use the bitcoin.
Yes at this stage we should keep ourselves engage in collecting as much as we can, as bitcoin holds a great future ahead with higher price and that would be the best time to sell our coins. |
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232
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Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast
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on: September 15, 2016, 09:30:29 AM
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for me bitcoin is slow, some of my transaction can take up until 3 hours, and as i know there are no way to increase the speed unless there are big development from bitcoin, but some of the expert claims that bitcoin debit card will be able to increase the speed
You can increase the speed of transactions if you add higher fees, and if you do that then it won't take more then 20 minutes for your transaction to get confirmed. |
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233
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: September 15, 2016, 09:28:59 AM
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I will go with both of them, as I still feel that our money is safe with banks and we need fiat for our day to day expenses and bitcoin can take care of our online transactions.
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234
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Other / Beginners & Help / Re: How to make money on bitcointalk?
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on: September 14, 2016, 06:01:54 PM
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If you go through services section then you will find multiple ways to earn bitcoins but most popular way to earn is through signature campaign as it can give you stable income regularly.
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235
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Economy / Economics / Re: Invest your bitcoins.
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on: September 14, 2016, 05:57:46 PM
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Honestly i also have not found any nice and legit site to invest my bitcoins so far either they are scam and ponzi sites or involves the risk of loosing money.Even investing in casino sites is a risky thing and in lending there are a lot of scammers who run away and never repay back,so need to be careful when investing bitcoins anywhere.
If you keep on trying to catch big profit in short time programs than they mostly are just scammers. But there are few way to earn steadily without doing any work like investing in bitcoin casino's bankroll mainly in moneypot as well as you can try lending your bitcoins in poloniex. Return over your investment will be not like 3-5% daily but will be quite less risky than all those hyips, ponzis and cloud minings. Poloniex is the most trusted site at a moment for investing in trading and I am successfully trading there since long time and very much satisfied with the results I am getting. |
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236
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Economy / Economics / Re: If you were in desperate need for money....
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on: September 14, 2016, 05:55:34 PM
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i think i would try to find second job to earn from it
That's good that you will find other ways of earning money but you won't get that on the spot, you need to wait for at least one month's time to get your salary, but you can join signature campaign as there are few campaigns that pay you on daily basis. Indeed, if you are really in the need of money Bitcoin is not the way to get it. I see bitcoin as passive income, "extra". I'd suggest to get a job irl, because you'll get paid much easier and earn money quicker. If you have a stable income in the form of salary and if you are actively saving some part of it on regular basis then that money will help you when you need it very desperately. |
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237
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Economy / Economics / Re: How to earn money with bitcoin ?
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on: September 14, 2016, 05:53:54 PM
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Join a signature campaign,start trading,start lending BTC to people
You can also offer a service in the service section and get people pay you BTC for the exact service
Just try something,that's all
I think signature campaign is the most viable job here for individual who does not posses the skills which are in demand in the online world like programming. If you understand bitcoin it would be easy for you to join the campaign available here and it would help you to understand more on the necessary information you need to learn to start a most advance job like trading. agree with you signature campaign is the most popular way to earning bitcoin at this momen, im sure more than 50% of bitcointalk user do signature campaign. Yup and its popular only because there is no risk of loosing money and returns are guaranteed on regular basis, and it can even take best care of your basic expenses if you are residing in third world countries. But the earning is still less than minimum wage in many countries. It is better to do proper work to earn bitcoin. Its not wise to depend only on signature campaign to earn money as you never know when signature campaign wiil disappear so its better to find concrete ways of earning it. |
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238
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Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear?
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on: September 14, 2016, 05:49:26 PM
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I don't think it's meaningful anymore to discuss what if bitcoin is a scam etc etc... that kind of discussion belongs to 2009-2011 period, Bitcoin is in a way a commodity that increases and decreases on value depending on demand, stocks are too, but they aren't "scam".
Yeah, I think bitcoin period in question, expired as you mentioned above. And now the best thing to do is to invest in it, because many people who believe in the presence of bitcoin and already tested several years ago until today. thanks Bitcoin holds satisfied users in high numbers especially the early adoptors who invested at right time and now are billionaires, it can also make us rich if we start investing in it as the future of bitcoin is very bright and I don't think it will ever disappear. But how can you be so confident in it? Optimism is good, I know, but when you invest a lot of money there is always a huge risk of losing all of it. Nothing ventured, nothing gained, of course, but what exactly made you think bitcoin is a reliable currency? Anything can happen in future and no one can predict the clear picture, bitcoin is good at a moment but that doesn't mean that it will keep on performing in the same way in future. |
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239
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Other / Off-topic / Re: 2017 Year of the Bitcoin
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on: September 14, 2016, 05:44:49 PM
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For those who invested in Bitcoin earlier this year, this can already be considered a year of great achievements, but no doubt many opportunities may also arise in 2017.
That's true but the most luckiest people are those who invested in 2015 when price was below $300 and if they would have hold them till the halving then they have made a huge profits. |
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240
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: September 14, 2016, 05:42:07 PM
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If you are giving me that much than I will wait a long time until the value will be more worth so I can sell it later with a huge profit and that would be so nice.
But the bad thing is that it will not rise in just a time so we have to wait a really long time and not everyone has the patience for it.
Why to keep coins idle in wallet if we have an opportunity to multiply them with trading, go for trading dude and it will give you regular profits and also multiply the number of coins in your wallet. |
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