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81
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Economy / Economics / Re: Invest your bitcoins.
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on: October 09, 2016, 09:14:07 AM
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As much as possible, I don't invest my bitcoins into gambling sites that locks my investment for a certain period of time and I can't do shit about. I just buy a share of a promising ICO that I see in the Alt announcement sections and let it do its thing. Or in some cases, I just simply buy bitcoins and let it sit there over time. The last result of those things that I did was great, and I would do that again just to have more income.
Yes its better that we keep ourselves away from gambling sites as we won't be able to have control on our funds and the best place to invest our bitcoins at a moment is in altcoins where there is always an opportunity to make profits. |
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82
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Other / Off-topic / Re: Any safe way to grow my bitcoins ?
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on: October 09, 2016, 09:11:34 AM
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I am growing my coins successfully from signature campaign as I get paid weekly and I am not spending them and after every 3 months when I reached to decent level, I invest them in altcoins.
Yeah there is many way to grow your bitcoin , but i think that trading is much more good than signature campaign because signature campaign pay bitcoin in very less amount, so i prefer that trading is very good if someone want to grow up your bitcoin quickly. Trading is good but you also need capital to invest in it and that is what above mate is saying that he is saving his earning from signature campaign and investing in trading as everyone is aware that trading will give higher outcomes. |
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83
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Other / Off-topic / Re: use Bitcoin in daily life?
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on: October 09, 2016, 09:09:17 AM
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Hi
Is there anything like this which will help me to use Bitcoin in my daily life.Like we have a map on the app or web.It shows people nearby you that are accepting bitcoin and services.Like someone living nearby Mcdonalds, he will add that i will accept bitcoin and let you eat at Mcdonalds(you pay him bitcoins..he gives cash to you).Same as traveling people nearby you add their services that for which things they can accept bitcoin.
Is there anything like this already.
yes , there are some countries in this world where you will also find a coffee shop which accepts bitcoin . but still it will take many time to happen like everyone during travel can accept bitcoin . There is also some restaurant here in my country that accepts bitcoin but it is just one place. Aside from this place, i can hardly find any other place that accepts bitcoin except the third party site processor where we can pay our bills and 7/11 store where we can top up our bitcoin credit on that site. You people are lucky that you have got places in your local market where bitcoin is accepted as payment for the things you want to buy. In my place there is no any shop where bitcoin is accepted but here in my places there are some people who can exchange my bitcoins with fiat so when I need fiat I go to exchange with them. Yeah is too hard to push a shop to accept bitcoin and i'm sure even in america/europe still not many shop place accept bitcoin so we are on trouble to use bitcoin in daily life at least only online shop has help use for use bitcoin in daily life. Even online shopping is not supporting me at a moment as if I shop anything using bitcoin then I need to pay higher shipping costs which is not affordable and profitable to me. |
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84
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Other / Off-topic / Re: Where u use bitcoins?
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on: October 09, 2016, 09:07:06 AM
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I can not use my bitcoins in my country as it is not yet accepted by either merchants nor by anyone. Hence I exchange it in to my local currency and use them for all purpose. Its awareness is reaching one by one slowly in my country. People who are really quick enough, are catching its benefits and utilizing this forum to earn the bitcoins.
Yeah there many country who do not accept bitcoin for shopping and like as you many people face to it problem , but i am sure bitcoin will be acceptable in everywhere in the world because bitcoin are going to ,ore popular and stronger and we can be use bitcoin like as payment method in any shops for direst shopping. It will be accepted in future but no one knows when exactly it will happen, as there are many countries who have still not even heard about bitcoin and its hard to believe that they will start implementing bitcoin soon. |
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85
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Bitcoin / Bitcoin Discussion / Re: Has anyone ever lost bitcoins before?
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on: October 09, 2016, 09:04:35 AM
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yes I often lose at gambling and losing in gambling will never recover.
then I lose on trading and it's easy to recover it for me, but it certainly takes time.
I don't think this is what OP meant, losing Bitcoins in gambling is not the same as getting coins stolen or being scammed. You're prepared to lose when you engage in gambling, at least you should be. I'm lucky enough to have never been scammed and I've not had any coins on an exchange that went down with all funds. Yes even I never invested my bitcoin anywhere, in that case I was lucky that I didn't loose anything there but have lost with my own mistakes many times in gambling. if asked OP is have you ever you lose because your wallet is stolen I would say I never lose with it, I use a lot of authentication to fit in my purse so no one else can access the wallet than me, for the investment scam of course everyone will ever experience it We all have lost some amount of coins in the past due to our ignorance or greed to make quick money and which resulted in loosing our valuable coins and I think that was an wake up call for all of us. |
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86
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Other / Off-topic / Re: How much do you earn per day
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on: October 09, 2016, 08:59:15 AM
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Not sure how much it comes on daily basis as its not constant and it keeps on changing but on an average I am earning 0.5 per month from signature campaign and trading.
this is quite a nice number. would be cool if you could tell us more. how much do you make with signature campaign and how much with trading? how much bitcoin do you use to trade with? The signature that he is a part of pays 0.14 btc per month as I am also in a same campaign and we have fixed payouts irrespective of the ranks and rest 0.36 you can expect the earnings from trading which is a good income. |
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87
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Other / Off-topic / Re: Why are you investing in Bitcoin?
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on: October 09, 2016, 08:56:46 AM
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I believe bitcoin has a lot of usage, as a future investment, it is true the price can be up and can be down, however i think bitcoin still is a good investment tool, and bitcoin also can become an alternative transaction payment, so bitcoin is very useful for me
Price fluctuations will be always an part of bitcoin but if we consider of long term then it will be surely holding higher price, so I think that this is the best time to invest in bitcoins. |
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88
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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 08, 2016, 08:20:03 AM
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I would never stop with my daily job because its profitable and also worth the time, with the bitcoin its still risky if it will be the next currency and the future.
Due to that I think its better to play it safe for now because I do not want to lose any earnings.
Yeah we are not sure what will be the scenario in future with bitcoin, so its always smart to keep on earning from both of them as depending only on bitcoin can be really risky. |
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89
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Economy / Economics / Re: When do you buy Bitcoin ?
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on: October 08, 2016, 08:18:05 AM
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I'm buying bitcoins when the price is good and when I have a good feeling about the bitcoin itself, if this is not the fact I will not buy.
As a example I would not buy it right now because the price is too high to buy it..
i have never bought bitcoin. I do various jobs online,including participate in signtature campaign and get paid by bitcoin. I think it is not wise to buy bitcoin right now because its price is not good By saying price is not good means are you trying to say that price is higher? And if yes then I don't think that current price is too high, its a good price to buy bitcoins as price will be much higher in future. When you buy bitcoins, make sure you are convince that the price is low. Study well and have your purpose when buying and not just buying because others told you. Yeah and if you believe in holding it for a long term then I don't think you should hesitate in buying at current price as in long run we will surely experience much higher price. |
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90
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Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this??
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on: October 08, 2016, 08:16:27 AM
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If you a faster way to earn and you are a risk taker, just gamble that amount in sports.
However, if you want to be safe just invest it in a gambling sites, they are making good money and the trend has been consistent.
Its a big risk to invest that high amount in gambling and history says that majority of users have lost their all money in it, so I will prefer to invest it in trading instead of gambling. |
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91
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Other / Off-topic / Re: Will you accept bitcoin as your salary?
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on: October 08, 2016, 08:14:33 AM
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I will never prefer to receive salary in bitcoin as the price is not stable and every time if I have to spend them then I need to convert it to fiat and that doesn't really make any sense.
Maybe it is because your area store does not accept bitcoin for payment. I have heard that many regions accept customers to use bitcoin for payment. If i ever lived there, i would like to receive all my salaries in bitcoin We need to take decisions according to the scenario that is around us if you live in a place where there is no scope of using bitcoins directly then there is no point in accepting salary in bitcoins. |
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92
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Other / Off-topic / Re: The First Thing You Bought?
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on: October 08, 2016, 08:12:22 AM
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I haven't bought any physical product using bitcoin yet as my country doesn't support bitcoin yet so I am using it only for mobile top up and convert them to fiat when I am satisfied with the price.
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93
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Other / Off-topic / Re: Any safe way to grow my bitcoins ?
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on: October 08, 2016, 08:09:08 AM
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The safe way is to hold your bitcoin in a long time and do not make investment in other method, but if you do not like to wait for a long time i think there is no safe way to do that because investments had always risks included you only thing to do is to lessen the risks by doing multiple investments.
Exacthly this, bitcoin is unique because with hodl u can gain value. Only safe investment out there, even this have some risk (bitcoin failing) but very little one. yes i also agree with you , it is a fat that all kind of investments are risky but the only safe way of investment i think is to invest in bitcoin, here is you can get a good amount of money only by holding it. Bitcoin is not at all an safe investment, in fact there is a big risk of investing in it as its future is unpredictable and it can disappear at any point of time. This very correct even not on bitcoin itself , all of investments do have risk on lossing your money because there are no ways that could possibly able to grow your bitcoin without any risk involve . Its impossible to happen if oyu want to grow your bitcoin then you should make a risk in able to grow it. Yes we cannot see any safe way to grow them, everyone has its own risk and if you can afford to take risk then results can be in your favor if you choose smart way to grow them. |
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94
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Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..."
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on: October 08, 2016, 08:07:08 AM
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good question. basically I would not sell bitcoin without important reasons. I will sell the current bitcoin bitcoin sangay achieve high prices, for example, when bitcoin reached $ 5,000 +
If you have a plan to sell them at $5k then I think you need to hold them for a very long time as that high price is not easily achievable, I will be much happy to buy and sell them on regular basis to make quick profits. |
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95
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Other / Off-topic / Re: Save you Bitcoin for your (grand) child / children?
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on: October 08, 2016, 08:04:50 AM
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I am still unmarried so I don't think I will be able to save for them as may be in next few years bitcoin will be replaced by some other currency and in that case it will waste my coins, so I will prefer to spend them on myself.
I think you have to hold bitcoins for them and do not have any doubt for the success of bitcoin. It is sure that bitcoin will be the currency of future and none of the currency is going to replace it as none of other currency have potential for to compete bitcoin. We have our own insights regarding on bitcoins price in upcoming future and we could freely express our own views, well its not bad to save up or not for some reasons but one things for sure we dont really know on what would be the future would be on bitcoin. Its either it would last or not when the times that we have grandchildrens. Only time can show us real picture, so without thinking of too long I am enjoying profits at a moment and will try to collect as much as I can, and if my grand children are lucky then they will also experience it in future. |
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96
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Other / Off-topic / Re: how bitcoin is popular in your country ?
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on: October 08, 2016, 08:02:26 AM
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Bitcoin is not well-known in my country due to the government and social media. My country is very obsolete and does not want its people to know about bitcoin. And they use media, newspaper as a tool to prevent people from knowing about bitcoin or the benefit of bitcoin.
LOL i can believe your country is the same as mine. I hate my government, its stupid regulations, its outdated education system. All it can do is stealing its people money by many contrivance. I want to go abroad with all of my bitcoin where i can use it in many purposes Agreed corrupted Governments will never support bitcoins as it will end up their corrupted activities and they will loose their control on money too, so I don't think that in my country bitcoin will be having smooth journey. |
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97
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Other / Off-topic / Re: Would u still use Bitcoin if u were a USD multi millionaire?
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on: October 08, 2016, 08:00:28 AM
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Most of us here saying only the same thing which is they would definitely invest into bitcoin if they were already a millionaire which means there are lots of people who really believe on the potential of bitcoin to rise its price in the future and people would tend to invest even more on it to make and secure profits on the long run.
People who are already using bitcoins will surely invest their money in bitcoins even if they are super rich but main issue is we want that bitcoin should get new investors and that will help in taking price to next level. |
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98
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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 06, 2016, 05:34:58 PM
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I won't quit my day job to go full time on bitcoin cause with purely bitcoin it's difficult to make a living when you have alot of bills to pay.
Besides that I love my day job and it earns well so I have no reason to quit.
If someone already has a job that pays him way more than what he earns with bitcoin then he probably has no reason to leave his job for going full time bitcoin, but this thing is for those who know they can earn more with bitcoin than what they are earning regularly with their job. People from third world countries will prefer to quit thier job and get full time into bitcoin as they don't get high salary and the cost of living is also not too high so they may earn higher income from bitcoins. |
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99
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: October 06, 2016, 05:29:01 PM
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Sometimes, maybe 2-3 times per week
I almost never spend Bitcoin because I am using it as an investment and if you do that the n you should not be spending bitcoin to often. Otherwise you will end up with nothing and lost the chance to make money. I used to do many invest bitcoin and get some profit. But now i do not want to do any invest anymore because it have given me so many heart attack. As you know, you can lose your money in a blink of an eye Investing bitcoin has become really risky nowadays as there are not many legit sites available where we can afford to trust them to put our coins as it will surely scam you in long run. |
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100
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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 06, 2016, 05:27:09 PM
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I think it is never too late to buy bitcoin even if its price reachs 1000$. As you know, bitcoin is getting more and more popular so its price will continue to increase over year and year. I suggest you should buy some for yourself and keep it in your wallet and wait for its price to go up
Any time is a good time to buy bitcoins and if you can hold them for a long term then this is the best time to buy bitcoins as everyone is hoping to see 4 digit price by the end of the year. |
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