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321
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Other / Off-topic / Re: How long you in bitcoin world?
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on: September 02, 2016, 05:54:46 PM
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I m new to bitcoin but quit old also. how? In 2012 i had heard about bitcoin and at that i had suffered lot of loss and i was out of sense to deal with bitcoin again so after 4 years in 2016 my friend forced me to invest in hashocean after get first few payout i had established my again in bitcoin.
That was what i did too... i also came to know about bitcoin before but did not give any importance to it and never noticed but later on i came to it again and started using faucets and later on came to this forum where staying until now... Yes and if we would have been early adoptors then I think by now we would have been billionaires holding thousands of coins but now I don't its possible to have more coins. |
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322
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Other / Off-topic / Re: Why would customers use Bitcoins?
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on: September 02, 2016, 05:52:57 PM
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Bitcoin is much safer, much stronger and much more secure. You can get your credit card copied. On top of that, the transaction fee is literally nothing and stores would love it becouse you will be unable to get refunds.
I think bitcoin still not succesful in protection from their costumers unlike in paypal if we compare this two it will more safier to choose in paypal because if you buy product online it can help you to reverse the payment once you receive a wrong product.. Exactly and that is the reason more people prefer to use Paypal in compare to bitcoin as bitcoin transactions are irreversible and once payment gone from your wallet is gone forever. |
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323
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Other / Off-topic / Re: What will you do if you own 21 BTC?
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on: September 02, 2016, 05:50:30 PM
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With 21 BTC I can build my own business in my real life! I will make a big grocery store near my house and life with it. 21 BTC is a big money if I converted it to my local currency. I can donate some to a charity or to poor people around me!
I am also very poor, please donate me too  jokes apart, but yes its an good idea to start a real life business and with grocery you can have income on daily basis and its a lifetime business. |
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324
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Other / Off-topic / Re: how bitcoin is popular in your country ?
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on: September 02, 2016, 05:48:35 PM
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in our country Algeria, BTC It's not popular.
Same is the scenario in my country too, I think its same in almost all countries as in this thread most of the users are saying the same, and we don't know what reality is. |
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325
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Other / Off-topic / Re: 2016, The Year of Bitcoin?
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on: September 02, 2016, 05:47:09 PM
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As we can see, there are just a few more months away, but many things can happen in the cryptocurrency space in such period of time. I would be happy to see bitcoin making positive moves before the year is out.
Yes everyone is hoping to see higher price at the end of the year and that is the reason majority of users are holding their coins so that they can sell at that time and grab profits. I just wondered why they are expecting it at the end of the year. Did something unusual will happen on the next year? Why hope for next year before grabbing profits if by chance there is a large rally that will happen before the year ends? Well we all didn't know what will happen that's why as much as possible you are monitoring the price for at least weekly basis or much if daily. That's true we don't know what will exactly happen in coming months, but the year so far has been good for bitcoins as price gone higher this year in compare to last year and lets hope it will continue to rise in coming days. So far this year has been amazing. I mean the amount of news and even the price going up. I was sceptic but seeing the price above 500 dollar makes me think, this year will be remembered by many people here. I think your right we are all happy that we seen that the price is increased starting from lat year. and i think more price increase will come and year by year the price of bitcoin will changing.. i believe that bitcoin will be more valuable in the future.. There is no doubt that bitcoin will be more valuable in future and it will also hold higher price but no one knows when it will exactly happen, and that is a major issue with bitcoins. |
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326
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Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins?
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on: September 02, 2016, 05:44:50 PM
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If proper knowledge and features provided to all it will help them to understand better and may interest them as well.
We try to guide them but most of them are not bother about bitcoin, but people who are tech savvy will surely grab this opportunity of using and earning it. |
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327
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is a good way to store money?
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on: September 02, 2016, 05:43:22 PM
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Investing is a risk. So since bitcoin price is unstable it's really up to the person if he wanted to invest his money into it...
Any investment has risk so called in bitcoin. So I don't imagined why other people calling it as a safe one to invest. Safe is not the right term in here since safe means no risk associated. The good thing about bitcoin investment is, we can choose to go long or go short based on the current price move. If all goes in your desired then make some good action about it. Yeah bitcoin is not safe at all, as we never know what value it will hold in future, either it can go higher or lower but the advantage is that you have control on your money and you can buy or sell at any point of time. Bitcoin is a good to choose to save our money this time because i believe that bitcoin will be more valuable in the future., because it is growing daily and more price increase will come i believe that bitcoin price will hit at 1k value not this year but i feel that it will happen.. a feeling is not a very good indicator of where to put your money. there are good reasons to believe in bitcoin and invest in it, but only time will tell if bitcoin is a good way of storing money. Anything can happen with bitcoin and there is no guarantee that it will hit $1k in future, as no one can predict the price of bitcoin in future, it may even fall to an extreme level. |
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328
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Other / Off-topic / Re: bitcoin affects life a lot
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on: September 02, 2016, 05:41:42 PM
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Bitcoin is an source of additional income and everyone loves it, so I don't think there would be any user who will take bitcoin negatively, it affects a life a lot for sure, but only for is betterment.
yeah i think bitcoin positive effects were very nice to everyone. see many people using bitcoin as their extra income? yeah I'm also very helpful because bitcoin? Yeah and we have an opportunity to earn extra money so I think we should grab each and every opportunity to earn it and its helping all of us in positive way. bitcoin is still used as money, so there are also people who lose some. gambling is an obvious example. but you also should not forget the time invested in earning bitcoin. you could probably work the whole week earning bitcoin from faucets and would make money, but if you wold work some normal job for an hour you could make more, so i would suggest you lose money or at least the potential to make it by fauceting. Faucets will never give you higher income, in fact it will waste your time so its better that you find other ways to earn bitcoins from where you can earn descent amount. |
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329
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Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this??
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on: September 01, 2016, 02:36:16 PM
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I will surely hold them for the future as I don't want to take any risk by investing them into in any ponzi schemes as the result it would be surely a big loss.
Yeah all those schemes are SCAMS, holding them is smart imo. Soon we going to be sitting on big profits dont forget to hodl! Hold some of them and invest some of them in trading, as only holding is not profitable if price falls in future but with trading you can take your coins to next level. |
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330
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Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever
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on: September 01, 2016, 02:34:53 PM
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If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.
No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business. Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees. there are fees on bitcoins for sure, first of all you have to pay fees on transactions too, i never sell my bitcoins because i believe it is going to grow Yes let us not have a panic selling with our bitcoins. It will surely gain back its glamour and we will witness its high price once again. I never had an intention of selling them as I know that I might regret that day that I sold my bitcoins. I am just keeping it and waiting for its price to attain a high value. I will not sell at a moment, but will surely sell some of my coins when it will cross $1k mark in future, as I am here to make profits not to simply hold my coins. |
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331
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Economy / Economics / Re: Best way for steady income
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on: September 01, 2016, 02:33:36 PM
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with bitcoin i think the best way you can do is to just do some trading to get income
Well that's the best way i think to if you want some stable income find a stable job where it can support your monthly salary so that you can bitcoin to start investing and let your money work for you and if you have some free time then try to learn trading too , it can gives you 101% profit to depends on your skills Yeah full time job and trading is an deadly combination to have, full time job will take care of your basic expenses and earnings from trading will be an added advantage. |
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332
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: September 01, 2016, 02:31:35 PM
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Buy when crashing and halving, invest invest invest > profit! To get rich I just need to have the luck of the draw and hope bitcoins rise to 5k+ which will probably not happen in the near future
you are right, i would defintiely be buying my bitcoins on a crash and then selling on a huge price growth, though thats not too big of a plan as it might not work too Its always good to take advantage from big dump in buying maximum coins, as major dump can be followed by major pump in future so we call sell at that point of time to earn higher profits. |
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333
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Other / Off-topic / Re: du you spend coins on real life.
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on: September 01, 2016, 02:29:51 PM
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Today I went to get a coffee with my S/O and then to my surprise they had a blackboard outside saying they accept bitcoin! so ofcourse we rushed in and went for a coffee. Had the americano was pretty good  so yeah i spend coins in real too Which county you belong to? You are lucky that you are able to spend it directly for a cup of coffee, I hope I don't have to wait longer to do the same. |
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334
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Other / Off-topic / Re: What can i do with 3 Bitcoin?
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on: September 01, 2016, 02:28:21 PM
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you should tell your friend not to give you his money because you obviously have no idea what to do with 3BTC and how to earn a profit on it in one month.
you should first try and learn how to make profit with your own money then take other people's money to work with.
Indeed. There is really a need for some research before entering it is for making sure that it'll earn than being lose so you can return more than your friend sell for you. Learning is fun as well learning bitcoin for you also earn. of course you should do your research first in order to not put your money into some kind of a scam, besides that i think that the best way would be to do trading with it If you believe in taking some risks then invest in trading as that is the place where you can expect good profits and if not then save it for future. |
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335
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Other / Off-topic / Re: Will you accept bitcoin as your salary?
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on: September 01, 2016, 02:27:09 PM
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Sure, why not. it still same price, bitcoin may be will be easy. there not an account need, transaction fast and low fee (tax). And accepet for everywhere, i can pay my bill and shoping with bitcoins.
i would also accept bitcoin if the price wasnt fluctuating that much in such small amounts of time, right now i think it is way too risky so i couldnt do that If bitcoin achieves 4 digit price in future and if it remains stable there of keep on going higher then we can afford to accept salary in bitcoins or else its better to continue with fiat. |
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336
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Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really?
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on: September 01, 2016, 02:25:40 PM
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With the latest technologies appearing, I would say Bitcoin has a great, great potential. I only wish everywhere around the world you could pay with Bitcoin and see 'BITCOIN ACCEPTED HERE' signs like there are with PayPal or Visa. It's becoming stronger and stronger because people keep coming into this business so we're building right now a huge community.
you are right, bitcoins are going to become only bigger and bigger in my opinion, it might even replace the usd at some point in the future like in a few decades It may not replace usd completely in future but usd will definitely get tough competition from bitcoin and many users will prefer to use bitcoin in compare to fiat. |
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337
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Other / Off-topic / Re: When is Bitcoins going to die?
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on: September 01, 2016, 02:24:22 PM
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I don't think bitcoin will die. If you observe it everyday, it is gaining more investors and user base. More country is getting open in accepting bitcoin transactions, and more project and development is observed. Even if bitcoin power decrease due to a more popular altcoin in the future, it will stay alive because of the baser user it established.
Yeah it just keeps growing and getting bigger, maybe bitcoin will not be the main currency but I am pretty sure we will have some kind of digital cash perhaps an alt coin as main currency Altcoin can never replace bitcoin for sure, bitcoin is mother and father of all cryptos and I don't think any other coin has potential to take place of bitcoin in future. |
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338
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Other / Off-topic / Re: How kids can "earn" Bitcoin ?
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on: September 01, 2016, 02:23:07 PM
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They don't. Kids should not spend their time in earning bitcoin. They should rather focus on their studies.
they actually can but there is no reason to allow them do that because it would most probably be really boring and kids wouldnt like doing that for sure Kids likes to have fun with their friends and family, so I don't think they will show any interest in earning bitcoins and they may also find it complicated. |
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339
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Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever
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on: August 31, 2016, 12:48:59 PM
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~
And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.
I don't think so. Trading is as risky as gambling or even more. I'm not saying "should know what you are doing" because there is no way you can know. Everything is unpredictable and thinking that you are an expert you might lose a lot. When it comes to making profits, everything is risky, but that doesn't mean we will never take a risk of investing money, I will prefer to take risk to earn quick profits. Investments may bring great results as big loss, trading is the same i had lost 0,12btc into a single altcoin, that is recovering these days, but i had sold and lost already. Soo the key at altcoins is patiente invest and wait the results will come. Who dont wanna get more coins while it keeps getting more and more value? If you expect that you will double your coins in a single day with trading then you are surely wasting your time and money, even trading involves great level of patience, if you have it then you will make it. |
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340
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Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin?
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on: August 31, 2016, 12:46:56 PM
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If i was able to go full into the bitcoin i already did but you know that you need money to make money with the bitcoins because the bitcoin is worth around the 600 dollar each so you need at least 10k to invest.
No that is going a bit too far for me. I need a stable income, like you said bitcoin is just a side job for me aswell. Like this I can still feed myself AND have a chance to become incredibly rich with bitcoins If you want a stable job and stable income every month then a suggest you to find a perfect job where you can get monthly salary where you can support your self because for me in bitcointalk or in signature campaign is just a sideline where you can do something when you are bored you can do some posting then you can earn bitcoin as well Its difficult to depend only on earning from signature campaign for living, as it won't give you higher income which can take care of your expenses, and future of signature campaign is unpredictable too. |
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