I think so, Bitcoin is becoming a popular and profitable business system nowadays, people are becoming dependent on this system because of the highly profitable system. if all people will come to this system in order to continue business then either Bitcoin will be banned or Bitcoin will dominate in the world economy.
All in due time. First bitcoin is technically rules the world economy from some perspective and second bitcoin will never be banned in all countries. OK some will ban it with some funny reason and other will try to control its flow in that particular country as much as possible. Think that bitcoin is phenomenon for most countries and that they still afraid to accept it and acknowledge it. But when this happens then we will see real bitcoin price charts. |
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the best way to earn a fixed income in bitcoin is by following a signature campaign. each week we will get payment from every campaign that we follow. indeed tend to be small but not risky.
I agree to that. Bitcoin signature campaigns are good for getting fixed income per week that is stable and there is nothing to worry about but to appreciate the steady income. They are good for people who have a minimum to high rank account and who have a great posting quality that makes them qualified in signature campaigns to earn money steadily. True collecting bitcoin is at the moment best possible option. Even if this is just for some small amount (comparing for how much could been made in let say 2015 or 2016), but if we convert this amount to fiat we get the same amount. Many do also bounties for ICO that pop out every day and many tried to make some additional bitcoin with this bounties. Off course they momentary convert this to bitcoin or ethereum but this is also good additional option for collecting some coin as well. |
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Yes like other people said there are many ways to earn some satoshi like faucet, signature campaing etc. but I also have some applications in my phone that gives me some satoshi. I didn't get any payment yet but there are some trustworthy apps.
Satoshis are a truly minimal amount. I think OP would want to make a decent amount of money, probably in the range of around .01 BTC per week. With that, I think ranking up and joining a signature campaign is what makes the most sense. True that amount is almost sure for full member rank and there are many bounties with this to combine. Using social media with this can help user to increase his earning for some small or bit amount, this will depend off course from how many followers he/she have. This is risky with bounties cuz many cancel or die but can be good opportunity to increase crypto income. |
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i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading. i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck. that is so true that experience will really mold us into a good trader. Unless we don't learn in every trades that we have made. There is a saying amongst traders that in trading, we either win or learn. That is why it is really ok to have some losing trades during early stages of our trading path and we need to learn from it so that we can't do the same mistake in future trades. This is correct even inexperienced traders can lose all the money they invest, or coin that they try to get profit. Trading is consider more like an art, you need to know the knowledge and need to see signs when how and how many to buy or sell in specific moment. While gambling can be divided in games related and then to safe clean and risky bets. At the end it all end up with how much you can earn or get. |
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Japan, Canada, South Korea, Philippines and some democratic countries, some of them already recognize it and some have doubts, the majority are all bitcoin free countries that have some regulation in terms of the ICO and some exchanges as the fraud and criminality are vulnerable because btc is the currency of anomity. To accept it as a real currency, the government should make a regulation or a system without compromising the primary attributes of the bitcoin by making the it safer and efficient to use as the criminals will tend to use it for their illegal transaction.
You miss Australia they also accept and they reduce tax on bitcoin if my memory is correct. Many fill follow mainly Japan example , but with some caution in every step. Biggest countries in Europe will definitely try something like Japan not gonna speculate on this who will be but in this case many can be named. But many consider still bitcoin as something illegal and fraud, this will definitely for some countries be question mark will they come to adoption or just to watch ans be spectators in this. |
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Maybe main reason should be that many are feeling secure when they have saving in bitcoin. Not gonna say it safest place or safest way but some consider that this is best solution. Maybe in some next period few years maybe major government will consider that they need to rely on some crypto or to create some unique coin that will be for every country to use and to be recognized.
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Due to influence from China, BTC is going down. But be assured. I still believe its price will go up in the near future. when all countries accept BTC . good luck
Why people always rely on China influence they only know how to decrease price so they could buy more. Ok they ban ICO and they should government pay to many times for someones mistakes in investment so they need to insure some of there interest. There were so many times said that China banned bitcoin and always false. So dont get this to confident as someone report that they ban bitcoin. |
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Something that is not stable dont mean that can replace something this is normal. Bitcoin is not stable it ok we see that price is going up and down all the way.
But looking little bigger think that could be possible only if banks and government accept this, in other way this wont happen any time soon.
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I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
Well I think it is not good to compare those two since they have have their own advantages and disadvantages like in trading you could earn profit in instant yet risky while holding bitcoin is less risky however it will takes a time in order for you to gain profit. Its never good to compare them cuz both have good and bad sides, for the moment many think that holding bitcoin is better option. However there is always good opportunity to make trading altcoins or try to make good bounty with some ICO, cuz this can be very profitable. |
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I would like to say that" focus on both " both are good and necessary for our life.Job gives us stable income every month,but bitcoin cant give us stable income.some it give us to much profit and sometimes its decreased a lot.
I agree with you, focusing on both things is the best because it will help you to get two sources of income which is great for a person who want something stable and kind of aggressive source of income. Bitcoin and a regular job will surely help you to earn more money than the others and if you will earn enough money then that is the time where you are going to leave your work and focus in building your own business. Yes, focusing on both will bring you much better let say money solution. Most who have full time job sit in some offices and have access to internet this gives them opportunity to do both for price of one. They have advantage working usual desk job and in some small breaks they can research something and later share this, think that this is good opportunity for this situation. Basing it on my personal experience I don't think that all people can manage on focusing both earning Bitcoin and working on a regular job. Sometimes even me as a student is always busy in the school even if the classes are over I still have school work to do. Also one of my friend who is already working can't even complete the minimum requirement for his signature campaign as he told me that his work is tiring him not to mention that his time is also taken away from commuting going to work and going back to his home. As you can see not all can manage to focus on both. Yes it is hard to adjust and adopt in any way. Sometimes its just impossible, for example I can from time to time to check some information about price exchanges ICOs and all that is related to crypto, but they i dont have time to post and say something that i found or read, must done this at home. Nothing is easy with bitcoin but it can be good teammate in some situations. No one said that all must focus on both, especially student finish school first my advice, everything is much easier later. |
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Venezuela economic collapse leads to a serious discussion on the fiat currency economy managed by central authorities. People all around the world are looking for a currency which gives them a stable and secure economy. Gold seems to be a good solution to this problem, but being in hard physical form, it is difficult to make day to day transactions with gold. With technological advancement, crypto-currency like BITCOIN seems to be an alternative solution as it's transaction is easy, fast and cheap.
I think if there would be economic and political chaos...Bitcoin price will surges as it is decentralized and beyond the control of central authorities.
Yes I agree that decentralized currency is beyond the control of the government authorities due to its an investment product that is digital, which mainly used as a trading platform of an online business. I believed that economic and political chaos might be a good ways to help the bitcoin price to surge as well, because people in a centralized fiat currency will divert their money to bitcoin, by the time fiat currency economy will crash. That is something that most countries use. In Europe they rely on Euro, on west they really on USD and on east more on Yen. This is how thing are opperations all over the world but prime one for all is USD. But like mentioned here and on other topic similar related, technology is advancing fast and this will have to be that in some point all world countries will see that alternative is crypto not just bitcoin, mostly cuz of transactions very low fees, comparing if you send 1 million dollars to another account you will have to pay 1% or more less this depend from bank in bitcoin all fees are same no mater how many you send, this is one of possible good solution for sending large amount.This also will represent a problem cuz if this goes global for adoption of crypto how will be small transactions let say we go to store and just buy milk and coffee. |
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I think a cashless society is needed for a better world. Also not many trees will be cut down
What is the connection of the trees and a cashless society? The paper moneys are not from the tree that has been cut down, they are using special kind of papers that are only made for the paper money in our world. Cashless society is not a good thing to start right now because we still have poverty that is needed to be solved first. He is thinking that paper money are made from trees like the typical paper that is used in offices and school but as you have said, it is made out of special paper. Also not all fiats are paper, there are also coins that is made out of metal and speaking of poverty, the world might change, be innovative and high tech, poverty will still remain, as long as we live, it will not be solved nor changed. Don't forget that some countries (believe that Australian dollar is like this) have something like plastic money. Think that this was the case with AUD. So, some paper money money is made from special paper, yes, like USD they have very specific requirement. You also mentioned metal money, that is used also that is something that variate from country to country not all are made from same material. |
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I can see that there are only a handful of bitcoins investors in our country yet. So the chances of being used as payments in a retail store would be much longer than expected. Besides, there will still be equipment to be installed before being accepted in the stores... So, I guess, it would take time....
You are very much right. I think there is hardly any reason to deny this fact that this is a time taking process and it will certainly take a lot of time. I think the international market will be playing a vital role in this aspect. The moment international traders will start trading in Bitcoins, things will be very much different then. Think this is perfect time and opportunity for many countries to consider this fact accepting bitcoin in everyday trade. They will for sure follow how thing are progress in Japan cuz they first do this, and wll follow how thing will progress with possibility of detecting any flaws. Think this is now just mater of time more then how many will be included. Think that this will be boomer with many joining at once. |
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This can be bad in some point of view. Now is much better to go for bitcoin or some other crypto better value have then fiat in any point, but this is something that is here for long time since crypto first shown and with this comes the dilemma "What to do?". Stay and be focused on full time job or take risk at this point huge risk and go for crypto payment.
This will be at the end individual decision.
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In total cryptocurrency market share has reached more than $ 170 billion, this is certainly very worrying for many countries so that all countries agree to banned bitcoin and ICO.
Not all and this is more false rumors and news. Yes there are some that ban both , some just one, but many are trying to adopt it more rather not to ban it at all. Market cap is something that is good for some indication but more for some experience traders they know what to do with this information, on other site government are more less here to spectate some maybe to take a gamble in all this but for the moment, more will try to adopt it rather then ban it. |
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I would like to say that" focus on both " both are good and necessary for our life.Job gives us stable income every month,but bitcoin cant give us stable income.some it give us to much profit and sometimes its decreased a lot.
I agree with you, focusing on both things is the best because it will help you to get two sources of income which is great for a person who want something stable and kind of aggressive source of income. Bitcoin and a regular job will surely help you to earn more money than the others and if you will earn enough money then that is the time where you are going to leave your work and focus in building your own business. Yes, focusing on both will bring you much better let say money solution. Most who have full time job sit in some offices and have access to internet this gives them opportunity to do both for price of one. They have advantage working usual desk job and in some small breaks they can research something and later share this, think that this is good opportunity for this situation. |
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Yeah, some people do not understand the state that things can get when this credit bubble burst. Governments are already even thinking about a cashless society, think how crazy this can be.
Technically we are in cashless society in some way, usage of plactic card is all day need for almost everywhere, not to mentioned that everyday we see many transfers from one country to another. So this problems is mainly solved. For bitcoin to be virtual currency this could be great idea. He has everything settled and running no need to be in some preparation, maybe that why they dont like it, cuz they can control it, i mean on governments. |
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Interesting concept or strategy who will call one or the other. But this dont mean that every time this will work. Being trader/investor have flaws and everything that its with this have risk. But i must admit nice set of rules or guidance you put in single post. Maybe this will help future traders/investors here with some guidelines and rules.
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Dont see how will be 5000 for rnd of this month or at the begging of next one. Many talk about this "bitcoin gold". Do we need another coin in this, i would say no.
There were ups and down in last several weeks do to some rumors and bad news but this is now settled and maybe its time for price to continue slow and steady growth not so fast if fast comes then fall will be there to.
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Yes, ofcourse. Bitcoin can definitely improve the economy of a country because of this reason. Because of bitcoin you can import a money into our country and that way could affect the price of our local money because the supply of our money will increase.
Nice example but for this local banks need to accept transfers in bitcoin, many bank dont allow this in some countries. But this is nice example of how it could be used in way to increase one country economy and not just that. |
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