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41
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Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today?
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on: October 15, 2016, 02:16:36 PM
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I can't tell you how safe it is because there are a lot of scammers nowadays here in the virtual world. You only should go on investing if you know how it works and how to deal with people. I think it would better if you would try trading because it is a little more easy and not complicated than investing. There are many faucets where you can trade you bitcoin and get a good profit from it.
Investing bitcoin somewhere is a big risk but if your investing fiat in buying 1 btc then I don't think it involves any risk as price will surely go higher in long term which can give you good profits. You would really making a big risk when you intend to put all of your money into bitcoin investments but as you said buying 1 bitcoin would not hurt you though even bitcoins price would fail in the future but as we all hope that bitcoin price would surely rise up in the future and would really gives us profits. Yeah and 1 btc is not a huge amount to have, so even if bitcoin fails in future it won't make much difference to you so its always better not to put all your money in bitcoins. |
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43
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Other / Off-topic / Re: Is any new way here to earn bitcoin very fast?
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on: October 15, 2016, 02:13:14 PM
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As we all know that to earn the bitcoin in these ways like....
1. Trading
2. Investment
3. Gambling
Anybody know that anymore way is here to earn the bitcoin very fast?
But in my view, only 3 ways are best to earn the bitcoin and not more way is here.
I prefer trading. because with trading we have the freedom to do anything. we can take the opportunity to profit whenever we want. That's right and it is better in compare to gambling and investing it anywhere, as the percentage of loosing our money is higher in both of them, it if you can manage the trade well then you can make some good money from it. |
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44
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Other / Off-topic / Re: Will you accept bitcoin as your salary?
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on: October 15, 2016, 02:11:18 PM
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Nope, I would not like this at all, this means that I have to convert all my bitcoins to my normal currency in my country because I cannot pay my bills with the bitcoin these days so I think its also way too early to do this.
Yeah this is not the right time to accept salary in bitcoins as the usage of bitcoin is very limited and it will take long time for bitcoin to reach at majority of the places and once its done then we can think about it. Adoption would really be the biggest hindrance for us on accepting bitcoin as a salary as you mentioned it would really take long time for bitcoin to reach on some parts of the world and would fully adopt it and we could already easily spend our bitcoin with it. I don't think that bitcoin will be adopted fully in future by each and every person, no doubt we will be able to use it at physical places in future but no one knows when exactly that will happen. |
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45
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Other / Off-topic / Re: Any safe way to grow my bitcoins ?
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on: October 15, 2016, 02:09:04 PM
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There is no safe way to grow your bitcoins all the ways will involve certain level of risk so you need to choose according to your capacity of risk but the chances of loosing are higher in compare to growing.
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46
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Bitcoin / Bitcoin Discussion / Re: actual number of people using Bitcoin?
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on: October 15, 2016, 02:06:33 PM
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In the world's I think few millions are using bitcoin . At the time many of the people who enjoy using it for easy transaction . Especially those who invest in gambling or betting game the bitcoin usually they use it for transactions. And I know it will increase more user of bitcoin. And to widen it's use even more.
We can only do the estimation if how million in the world can be using it but no one can actually know the exact number of people using bitcoin because there is no such sources that can count the people involved with bitcoin. Yeah that is impossible to come at exact figure of users using it as outside this forum we don't know who are using it many of them will never prefer to disclose the fact that they are using bitcoins. |
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47
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: October 15, 2016, 02:04:24 PM
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I do even now since I see it as a great investment and an opportunity to earn a decent return IMO just with holding the coins and even without any additional investing.. and the btc value remains the same though.
How can you earn a descent amount if value remains the same? You will get profits by holding only if price goes higher in future but its good to buy some at this point as price is still affordable. |
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48
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: October 15, 2016, 02:02:15 PM
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A wallet is more user-friendly and with better ease as well as privacy, With a bank there must be verification/restrictions and terms of use, with a wallet you can use and send your coins as much as you want, BTC is more with the no-central authority nature of BTC.
The advantage with bitcoin wallet is that you can have total control of your funds and you don't have to higher fees for transactions that you have to pay to banks and with banks you need to follow their guidelines strictly. |
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49
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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: October 13, 2016, 02:45:45 AM
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I would never go on Bitcoin full time because if it goes wrong with Bitcoin I would then go out and have to still search for a job when I had one.
Bitcoin does not need much time so it is better that you do it one the side.
yeah I think that the work or job on bitcoin will not take a long time dude, so I think it would be better if you combine these two jobs real job and bitcoin ? surely you will benefit and double income right ? but the risks of course you will work longer time Yeah your right dont quit in your job for it if it have good salary but you can do a part time job in bitcoin like this in the forum you earn the real world you earn in the cyberworld. Yes and I think earning from both is the best way to multiply your income as if you loose your job then earning from bitcoins will help you in tough times and if you have good salary then bitcoins can be saved for the future. |
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50
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Other / Off-topic / Re: Is earning BTC can be good in the future?
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on: October 13, 2016, 02:43:01 AM
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I know many of us are holding some bitcoinsin our wallets and still waiting for more high price to exchage. But we cannot predict the price motion of BTC five to ten years from now. It may increase more to its highest possible price or may go back to its original price. Can saving BTC be good in the future to spend?
Yes Bro Saving Bitcoins is Good Because There Has More Chances Of Price Increase as Compare to Price Decrease And As You Know That Saving is a Good Deed and I am Also Saving Bitcoins But I Invest My Savings In Order to Make Some Big Profits...... Either you save or invest your bitcoins it will definitely help you in long run, saving is safe whereas investment comes with a risk but with better results and you should choose the way according to your convenience. |
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51
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Economy / Speculation / Re: If bitcoin rose to $1M, what you do?
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on: October 13, 2016, 02:40:59 AM
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I don't think this will happen. 1million $ is so far. And bitcoin can't reach their so soon or easily. But if this happen, I will sold all my bitcoinn and keep relaxing in the rest of my life.
If that happens then majority of users will follow the same process as they will prefer to sell all their coins to fiat, as fiat can be used and invested anywhere, so it would be great to invest that money in real life. yes i also agree with you and i will also like to sell my bitcoin in such a great price rate, just like other people, but i think it is not such an easy job and it will take such a long long time. Of course many are going to sell all of their bitcoins if this happens. Think about that bitcoin is going to reach $1,000 for sure many are going to sell on that price. How if the price reaches $1m? For sure all of us will going to sell all the coins that their holding. But I don't think that this is going to happen soon and if this happens, it needs a lot of years first. It will take many years for sure but even after waiting longer there is no guarantee that will see that high price of bitcoins as its hard to believe that 1 piece of bitcoin's worth could be in millions. |
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52
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Other / Off-topic / Re: Any safe way to grow my bitcoins ?
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on: October 13, 2016, 02:38:34 AM
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what do you mean about growing ?
the value of your bitcoin ? or the fixed balance of your bitcoin ?
if you mean the growing is only in value. i recomended to holding it.
but for fixed balance of bitcoin, trading is the solution.
Don't you understand the meaning of growing? If you would have read the above comments then you would not be asking this stupid question, don't be lazy and spare some time in reading them. Relax mate i think he can not understand the meaning of growing his opinion is good for safest way of investment, and you also correct that it is good not to be lazy because there are many methods that can do to earn lot of bitcoin but you will take higher risk to have higher income. Risk will always follow in bitcoin and you will never find any safe way to grow your bitcoins, and if you take higher risks then it will be followed by higher income so I think its necessary to take risks for higher outputs. |
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53
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: October 13, 2016, 02:35:22 AM
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I'll switch with gold and keep it until 10 years   Lol and I think that is a smart decision to make as gold will surely give you good profits if you hold it for 10 years as we don't know whether bitcoin will survive for next 10 years or not so holding it can be risky. |
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54
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Other / Off-topic / Re: Do you still believe in bitcoin
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on: October 13, 2016, 02:33:32 AM
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Yes I still believe into the bitcoin and I think that it can become a very big currency if it stays growing like this, it has a great future and will get bigger and bigger if you are asking me.
I think that the bitcoin is gonna rise to a higher amount soon or later.
We do not need to expect more in bitcoin its just giving us profit that is enough because if we expect more we get hurt if the bitcoin price would fall down, for me i do not want the price goes higher and higher because no one new users want to invest if that price is to high, demand of new users helps bitcoin price to increase and be stronger in the future. Yeah and I think slow and steady rise is always better then major pump in price, as if we see major pump then it will be surely followed by major dump which won't be good for the users of bitcoins. Correct and if there is major pump in the price most of the users will sell their coins to earn profits from it and that will take price again lower but that can be helpful for those who wants to invest their money in bitcoins. |
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55
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries?
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on: October 13, 2016, 02:31:59 AM
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Yes most likely it can help poor countries if it stays growing like this and also gets bigger and bigger.
I think there is a good chance that it can help poor countries.
I don't see the connection between its price and how that price increase could really help any poor country... IMO, Bitcoin could only help poor countries if its citizens knows how to use computer or a smartphone or any gadget that is capable on using internet, aside from that, cheap internet and people has easy access on it, if not, then there is no way that they are going to use bitcoin...  Most of the people in poor countries don't find a good job and even they don't have a bank account too, in that case bitcoin can be helpful as they can have their own bank in the form of bitcoin wallet. They not required bank account they only required to have resources like gadgets to access bitcoin and also internet connection because if they already have that and start earning they can be able to cash out in remittance center. You are not getting his point, every individual needs a bank account but its not possible for some who don't have enough income as they don't meet the criteria of banks, in that case bitcoin can be helpful to them. |
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56
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Other / Off-topic / Re: What can i do with 3 Bitcoin?
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on: October 13, 2016, 02:29:54 AM
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A friend of my want to give me 3BTC and he want me to pay him back 4BTC in 2month 7days but he asked me what will i do with it, how can i turn 3 bitcoin to 4 in 2 month 7days, what is the best investment that can give me good ROI in that short period
So please i ask for your advice
The only thing that you can do is to gamble and try your luck or sports betting, i think you can achieve that if you are lucky because 1 bitcoin is hard to make if you do not take the higher risk. Trading method is good but it take lot of time. But what if luck doesn't favors him in gambling, in that case he will be loosing his capital money and it will take long time to recover that huge capital, so its not a smart way to make profits I guess. |
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57
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Other / Off-topic / Re: Is earning BTC can be good in the future?
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on: October 13, 2016, 02:27:29 AM
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Saving bitcoins is always good even if you cannot afford to hold it for a long term as price can go higher at any point of time and if you have saved enough coins then you can sell them when price goes higher.
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58
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: October 13, 2016, 02:25:46 AM
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It depends if you can easily use btc. Both are quite stable with reference to their use but still not lose their instability or because someone checks them (banks) or because they are affected by external factors (btc).
For me you don't have to choose bitcoin wallet or banks for they are both good type of storage of our financial assets. For your cash of course you need banks and bitcoins you need to have bitcoin wallet for storing it. And there is no sense of comparing both of it because they are going to be helpful for all of us. Yeah comparing both of them doesn't make any sense as both of them are useful in their own ways, and at this stage we cannot depend only on one, we need both of them. |
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59
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Economy / Speculation / Re: 1BTC = $600USD, now a good time to buy?
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on: October 12, 2016, 07:56:33 PM
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yes i am agree as it is still good time to buy bitcoin under 700$. because there is still such a good potential in the price of bitcoin to increase so high in next few months, so it is still time to make money fro bitcoin.
Yup and price is rising slowly at a moment and that is a positive indication that it will be much higher in coming months so I think if we can manage to buy some more coins at this point then it can be profitable in future. |
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60
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Economy / Economics / Re: How to earn money with bitcoin ?
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on: October 12, 2016, 07:53:29 PM
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But it is better if you are not just going to depend with signature campaigns. Because as you get bitcoins with your campaign it is better if you are going to invest that with trading. And that is going to give you good profit out of your investment and make sure that you are going to learn first how trading works.
agree with your opinion , for me bicointalk signature campaign is not my main focus, because i have other way to earning. i get some bits everyday from ethereum mining with my gpu. That's what you called having a stable income in the crypto world, honestly the earnings in signature campaign is not that good for us to consider as our way of making money, just consider it as a bonus of our stay here while we are also enjoying participating actively in the community doing a healthy discussion. It is true that signature campaign is one stable way of earning bitcoin, bu the earning from it is too little to support one family. It can only be considered as a side job. If you have skill in designs, bb coding and other IT stuff, you can be good in the crypto world especially in this forum because there are lots of demand for it here. Yeah the earnings from signature campaign is limited and not too high so it can take care of only basic stuffs and we cannot expect a living from it but if you multiply your source of earning then you can expect higher income from it. |
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