Why dont you want to sell your coins i dont think there are so many people who want to selltheir coins right now because the price of the bitcoin is not very high at the moment.
I think it's well done by people who have a lot of money, they will not sell their bitcoin or hold for the future when the price really goes very high. but for those of us who don't have a lot of money, of course, we always have the need, so have to sell bitcoin. Yes people who are earning only from bitcoins or who don't have higher salary will prefer to sell their coins on regular basis to take care of their expenses and that is the right way to treat your coins. Most people do not earn the bitcoin. I think for most people, they can get 10% of their salary and keep it. Well that is going to be a good idea if you are employed and you are going to use your 10% salary for buying bitcoins. So instead of you are not going to sell bitcoins, since you don't have. Then buying is going to be the best choice for you. That is going to give you profit if the price of bitcoin you bought is low and suddenly the price increases. You are talking about the people who don't have a bitcoin at a moment but what about those who are holding huge amount of bitcoins? They will definitely sell some of their coins if price goes higher. |
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The best way for a steady income is to just have a job because Bitcoin is not going to let you have a steady income because the Bitcoin is not stable at all time.
Just take a job because then you will be sure that you earn money every month.
Bitcoin is not stable it does not mean that we cannot get a steady income from bitcoin. We have saw some bigger variations in the price of bitcoin but still there are a lot of people who are getting a good benefit and a steady income from bitcoin that is why bitcoin is loved till now. I think if you want to get a fixed income in bitcoin, you do not need to think about prices in bitcoin, because prices will always go up and down and will not be stable. therefore look for a job that gives a fixed income like a signature campaign Signature campaign is an extra income and you cannot treat as a job as the payouts from them are limited and won't take care of living and won't take care of our expenses if we have responsibility of our family. Exactly they can turn the campaigns down in any moment so its not a steady income neither it can be taken as full job. Its just an extra money i mostly used my Signature Campaign money for mobile top-ups or to buy games. Yeah earning from signature campaign can take care of only basic expenses and it won't give you higher income that you can expect from your full time job, but if you combine both of them then you will having good income. |
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i'm beginning to know bitcoin as early 2013. at that time there was a friend who introduced bitcoin on me. he helped me how to use and look for bitcoin. since then, I became a bitcoin finder
Majority of us are here because of our friends who introduced us to bitcoins, when my friend told me I was not interested in investing money in it but after understanding entire concept I felt its worth to invest money in it. |
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I do spend them in real life by converting to real money as that is the only choice I have at a moment as even spending online is limited to mobile top up and buying digital goods.
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the biggest problem in using bitcoin is that, there is many fraud trader and if we ever deal with them then our whole money would go in water. Because once they get our money they are not going to return us any bitcoin. they would live in luxurious with our money. and second fear is that government could ban bitcoin anytime and if so happens then our whole money would spoil in wallet.
If you trade on reputed sites then you will never face that problem as they have escrow services so till you don't get receipt of funds in your bank account you can hold your bitcoins and once the payment is confirmed you can release them. |
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I can understand a little of the economy, but they say that in the state of money as much as gold, and this is equivalent to the entire production on the market. And then what to do if someone wants to replace all currencies in the bitcoin. I have little faith in it. Therefore, better salary in dollars or pounds.
The problem atleast for me dollar and pounds arent the currencie here, soo i will have to exchange it accordingly the rates of the fiat market, i wouldnt like to get paid with bitcoin as i would be forced to exchange to fiat to pay bills, soo if i were living at USA i would consider about it, but in the end we cant pay yet directly with bitcoin, only with debit card. I have a same problem, in my country bitcoin is not acceptable, i have to exchange it into my local currency before using so i will not accept my salary in bitcoin but if bitcoin is accepted in my country as direct payment method and accepted in any stores then i will accept it happily. I think all people have that same problem that's they deny to accept bitcoin as their salary. That is the major problem we are facing at a moment as we cannot use it anywhere directly and that makes us to think twice whether to accept salary in bitcoins or not. |
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Faucets were the only safest method of earning bitcoin compared to most other methods of earning. When it comes to growing investing into trusted websites and lending through services section is the best option.
Faucets are safest way but don't you think you are wasting your time by doing and making amount from faucets because it is takes too much time and you get only few bitcoin, you can say that you would be able to earn 1$ in 2 3 weeks because their payouts are very low. So signature campaign is better than faucets, it is also a safest way of growing bitcoin. in fact faucets are one of the not so safe methods of gathering bitcoin because you can get infected just by visiting those sites and i am sure there is already some malicious sites at work trying to run some script through the ads on their sites and infect you. I don't think its worth to spend our valuable time on faucet sites and I think that is the worst way to think of growing our coins as the payouts are too low and it will take long time to earn descent amount from it. |
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The best thing I like about bitcoin is the privacy that is offers me, either in sending or receiving money or in gambling where I don't have to disclose my identity for doing the same.
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Almost all peoples here is finding an easy way to earn bitcoin and just saving bitcoin for good increase price.
Little of us trying to double it with trading or gambling.
And small amount do buy bitcoin or buy something in the internet with bitcoin they have.
Exactly, most of the people are earning bitcoin by signature campaign or trading.Though trading can give big profit but it's quite difficult so those who don't know much about trading they earning bitcoin by signature campaign. Also few people are doing gambling to earn bitcoin.Though gambling is too dangerous but some people like it to earn big amount in quick time. I think there are some users who like gambling, they might previously also are gambling players before joining in bitcoin and then they look at ease of use bitcoin gambling, no wonder there are many people interested in using bitcoin because first they only gamble using bitcoin Bitcoin has made gambling easier for the people who are addicted to it, and most of the users are investing their money in bitcoin only so that they can use it in gambling. Those users who invest bitcoin into gambling is not looking for profit they just want to have entertainment that is why most of that is came from rich family because gambling is not totally profitable it is just for fun. I don't think so that there is any person who want to loose their money just because of entertainment (Gambling), people play gambling for making money and the one who is rich and playing gambling they want to make more and more money because the greed of money is never end. So it is wrong to say that rich people play gambling not to get profit. Yeah and if getting entertained is the only point then there are many other ways to get entertained, either rich or poor goes for gambling only to make quick money. |
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For steady income, i suggest you to join signature campaign. But earning will be low.You could join PTC sites which also gives low income.For more income, you should take risk and start trading.
Trading can give you a good income if you have a good enough capital but i'm afraid that income wont be steady or stable, i mean sometimes you get profits and sometimes you pick up loses as well so that is how it goes in trading. Its true trading can give us good income source every day if we do know how to do short term trading you don't need high capital to start trading and when we are earning thats the way to have more bitcoins don't afraid to lose income because it is part of business maybe not stable but in future you will know how it works. not everyone can gain something in trading, there are those who will lose small amount each day, if someone win someone else or many other must lose, depend how much the winner has won Yes for some one new in trading he can never make a steady income through trading or even he can also loose their own money.So it would be much better to join signature campaign because we earn there without staking our own money. why not do both? signature campaign and trading. I also do both. because if you only get from the signature campaign, you will not be able to get more. trade very well and of course there is always a risk. but if you already have good knowledge, must be easy to make a profit. do do not be afraid to lose money, because all the way to grow will always get lose. Yeah earning from both of them will give you higher income as you can expect stable income from signature campaign and trading will give you quick profits. |
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Price has started to move up slowly now, so I think we can expect higher price in next couple of weeks so hoping for that I think this is the good time to buy 1 btc and hold it for coming period.
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the diffirent of saveing money and investing money is the risk and interest. invest have biggest risk but give you biggest interest too, and saving give you small interest and small risk too.
so it's up to you, so you must choose which is more important than both of them.
How about doing both? The journey should begin with saving and once you have reached to decent level then you can start investing them at different places after a research. |
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I dont spend coins on real life cause I want to have the most coins as I can save up. It is a waste to spend a currency which hasn't developed it's full potential yet. You are wasting money then by spending if the prices still rise.
Same here I am not spending any dime for as long as I can so I can save up as much as I can and profit from it. My fiat is for spending, i spend that on bitcoin and other stuff but my bitcoin are here for investing reasons. Yes its an investment for us so we cannot afford to spend them at a moment as with holding we can gain higher profits in future as price will definitely be higher in coming years. |
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If bitcoin rose to 1M it's very difficult to say what I would do cause it would depend on the setting time why it rose etc.
But if it just rose randomly right now then I'd convert all of it to gold in an instant just to be on the safe side!
Either you can convert it to gold or to fiat as I think both are the best choice but in real life we need fiat more so I will convert to fiat and invest that in gold or real estate. |
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I every now and then use bitcoin in my daily life only because we have a nice coffee place here where you can pay with bitcoin.
Other then that I don't really use my bitcoin in real life I don't really get the chance too either around here.
Its good that you are able to use it at least in coffee shop, for me its not possible to use it anywhere at my place as bitcoin is not popular in my country yet and will take some time to spend it anywhere. |
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Bitcoin is not popular in my country and almost everyone here don't know what and how is bitcoin like and works. I never even met someone that know what is bitcoin in real life.
The fact is we don't know who are the actual users of bitcoins as there are some people who will never prefer to disclose that they are using it as they don't want that other should know it. That is also the one reason apart from that one more reason is as bitcoin is not legal in some country so they are getting afraid and dont want to disclose that they know bitcoin, apart from that their are so many reason according to their respective country rules. Yeah and most of them feels that it is used by criminals so that can be one reason for not disclosing as they will feel that the other people will start thinking that even they are involved in illegal activities. |
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I would be satisfied if 2017 would turn out to be about as 2016.
Of course we would need no exchange hack in 2017.
But no halving is coming as well. I can imagine that these two factors might have compensated each other in 2016.
I think we made about 50% profit with bitcoin. If that would be again the case in 2017, I would say it's more than fine.
Yeah 2017 will surely an good year for bitcoin as there will be many new investors and companies that will start investing in bitcoin and when it comes to spending we will have many places that will start accepting bitcoin as a payment method. |
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I have not lost bitcoin before but my friend has lost bitcoin before he has 2 coins in his wallet and the next day it was sent to an address not by him.
So either he got hacked online or he somehow slinged around his phone and got hacked like that.
I have never experienced that problem yet of wallet getting hacked which will result in loosing my coins but sometimes I really fear of keeping bitcoin in wallet as anything is possible here. |
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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.
Exactly if you have good job then there is no need in quitting your job as earning from bitcoin is limited at a moment and it cannot give us the best life that a full time job can give. |
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Yes, I do spent my bitcoin in some of the stores online that accepts bitcoin but not always. I'm just using it when I barely need it and don't have a choice when buying some stuffs that the payment they only accepts is bitcoin. I'm not spending any of my bitcoins in all stuffs that I do like eating in a restaurant and buying new shoes and shirts in the department store something like that because I can use cash in buying those things and spending bitcoins on those will not worth it for me.
yeah of course you do not have much choice because bitcoin has not been widely used by many people and has not accepted at many stores so there are only a few items are sold and support payments with bitcoin, of course you can not search for specific items Bitcoin debit card can serve the purpose and can help us in buying anything that we want or else you can spend them by converting to your local currency and I think that is the best choice. |
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