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901  Other / Off-topic / Re: DO YOU HAVE 1 BITCOIN? on: October 23, 2015, 06:11:48 AM
No to that. I have come close but I always find some thing to spend it on.
If I just put it into a savings account where the withdrawal fee is so high until a certain amount of time passes then I think I would be able to, but that asking too much from me.

Same here. For me it's too difficult to make one full bitcoin within one address. Even I come to finishing points, I will be forced to spend some money for my essential expenses like internet bill or something. This may be solved if I earn more, then it would be more possible to have one full bitcoin.
902  Bitcoin / Bitcoin Discussion / Re: How long did it take you to make 1 BTC? on: October 23, 2015, 06:08:22 AM
i vote from the most vote. 50-100 days  Grin

That's the real situations for any non technical people to crack one full bitcoin. One bitcoin now costs almost $280+ So wit would be a half month salary as per my country wages. But we can not find a full time opportunities to make $280 in bitcoin within a short period of time.
903  Other / Off-topic / Re: Sweden to Become World’s First Cashless Country on: October 23, 2015, 06:04:47 AM
That must be great news to hear. Many people would have expected Greece to be the first one to come out to accept crypt-currencies. If it comes in full swing, we can see many other countries will join this race.
904  Economy / Trading Discussion / Re: Minimum to start on trading on: October 23, 2015, 05:59:17 AM
At least 5 Bitcoins and you can start, otherwise you can have very small profit  Wink

5 bitcoins? I'm not ready to take this much risks. Even though I do not have 5 bitcoins either. Trading should begin with very low investments as we do not know how the market will react to our predictions. Some people here suggesting alt coin trading that must be the good idea for beginners.
905  Economy / Economics / Re: How to save money. on: October 23, 2015, 05:46:09 AM
nowdays,really 2 hard to save money. but if you have a big amount of money, its not too hard. or may be i will try to buy some usefull stuff.

I do agree that now a days saving is quite difficult because daily needs prices went up very high. But we have no choice, we need to find some ways to cut our expenses to save some money if not lot. If you start early then even less savings also become more after few years but one thinks can save later then it will become difficult to save more in short time.

With the normal earning no one can not save enough for his future. To save money one must earn more than his monthly or daily needs. Then starting saving would be much easier for a handsome amount for our future. Now we got a saving vehicle in the name of bitcoin.
906  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 23, 2015, 05:43:41 AM
Bitcoin's applications have the potential to stretch far beyond fiat, and companies and individuals are already leveraging the technology to modernize key products and services across a variety of industries. Remittances, payment processing, personal banking, auditing, secure data transmission, information hashing, securities settlement/clearing and traditional financial trading are just a handful of examples of its possible applications.

Well said. Global currency is a unfilled designation till now for the human race. So, the first one only suitable and with all required features for present economic situations. When bitcoin becoming the first global currency it would be priced more and more than our imaginations.
907  Other / Beginners & Help / Re: How many bitcoins do you have to sell to make a living? on: October 23, 2015, 05:39:19 AM

Your very optimistic on having price.  It's all speculation no one can tell you what will happen at having this far away.  I mean it's a long time away in crytpo time.  But to throw numbers like 10k.... I'm not expecting at having.

We need to see btc price before having a few months to have any clue.  And really having no one will know till we hit it.   But I would not expect 10k per btc at having even at most optimistic pricing. 

Well look there are many possibilities, some say it will go 0, some say it will stay 200$, then are conservatives like you who think it will go up but not to a huge price, and there are dreamers like me who think it will go to the moon.

One thing is certain though, that if bitcoin is left on it's current path, it will have a big growth curve ahead of it, or in other words, the economy gets worse and bitcoin is a safe haven.


We must realize that bitcoin is no longer a forum money for nerds, it is slowly becoming global, and once the traders realize that, it can go really big.

Bitcoin will never go below $200 even if go it will just test never will sustain below $200 levels. The present price may require more number of bitcoins for a living from it. But the most optimistic prices we never will be in need of one full bitcoin for a complete month expenses.
908  Economy / Economics / Re: How too get rich on: October 23, 2015, 04:05:09 AM
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

Invest in bitcoins it one way of getting there easier and faster.


I don't know investing bitcoin will make any one rich or not but it is good investment option for one to start exploring as an investment option. The prices are very volatile so after investing you must watch out the prices to avoid bigger losses. Just like who ever brought bitcoins at 1000+ couple of years back they are still waiting to reach their.

I can not agree this. Bitcoin investment will make one person definitely will rich based on the amount of bitcoins he holds it may occur quicker or later.
I strongly believe investing in bitcoin is the only viable option as of now to become rich at least in near future.
909  Other / Beginners & Help / Re: good places to hide paper wallet ? on: October 23, 2015, 04:00:28 AM
I suggest adding an encryption will make it alot safer and useless if someone acquires it.

Adding an encryption to a paper wallet? absolutely news to me.
Hiding a paper wallet is equivalent to hiding currency notes from robbers as well as protection against decay. Multiple copy with water proof in safe locker or in your home hidden locker would do your wish.
It is not new and is in fact in use widely for a long time. BIP38 encryption is easy to implement on paper wallets and it is quite bruteforce resistent as long as you use a long password. Paper wallet isn't exactly safe if the host computer has vulnerabilities.

Is it possible. I wonder. If some one explains with URLs it would be more useful for me to make my paper wallets more secure. So far I thought only encryption are possible with electronic media alone. It may be more useful if we can do with a paper information also.
910  Other / Beginners & Help / Re: Most Secure bitcoin wallet ? on: October 23, 2015, 03:57:08 AM
Get a cheap pc/laptop that never see the internet. Install a wallet via usb

But if you choose only that way then it can be unsafe.
Because if this pc stops working and you don't have any other backup then you already have lost the bitcoins.
At least 2-3 backups you should have, 1 usb, 1 paper wallet, 1 pc/laptop etc..
also the fact that everytime you need to spend your coins you would need to start up your laptop, meaning if you go outside and find a merchant that accepts bitcoin you wouldnt be able to pay them because your laptop would be at time.
the same logic applies for paper and usb wallets  Embarrassed, i like bitcoin but i dont like the fact that it needs to be locked away to be safe,
You won't walk on the streets with all of your bitcoins in your wallet I guess.
This is the reason why bigger mobile wallet providers offer a so called cold storage (XAPO wault, etc) next to your everyday spending wallet.
It's like you only take a little amount of cash in your leather wallet in your pocket, the rest of your money is in the bank, in the safe at home or in your pillow Smiley
In this case you can manage your everyday spending of your bitcoins from your mobile wallet with a lower balance and the rest of your BTC can be safe in cold storage or in phisical storage like Trezor.


But most secure in the sense not vulnerable from cyber attack or system crash.
To solve system crash, we must need multiple back ups.
To prevent  attack or hacking, we must go with strong encryption with long multi-character set password.
911  Other / Beginners & Help / Re: How many bitcoins do you have to sell to make a living? on: October 23, 2015, 03:53:45 AM
If my dream comes true then 1 bitcoin will be enough for your entire life. If not then at least 100 Cheesy

Look bitcoin will probably have a shiny future , its the saviour of humanity!

I also have the same dream.
If the bitcoin price hit again it's peak price, I must need at least 1000 bitcoins to make a luxurious life. Half is enough for a decent life. But getting 1000 or 500 bitcoins is not possible now a days due to high difficulties and competition.
912  Other / Beginners & Help / Re: Safe Bitcoin Downloads Website? on: October 23, 2015, 03:49:25 AM
I don't understand. Which applications? All of the Bitcoin software you can download from official Web sites. You can check them for viruses on www.virustotal.com.
Use virustotal and use only developers/officials apps websites. Never 3rd party ones.

Is this Virustotal is a reliable source for detecting any virus on the downloading applications? I have not heard about their services. But I guess it would be more useful when we mistakenly download applications from the wrong sites.
913  Other / Beginners & Help / Re: Cloud mining, can it still pay out? on: October 23, 2015, 03:46:07 AM
list 10 cloud miner sites that dont close over a year lol its all ponzi

Probably you had bad experiences on cloud mining sites and you only tried those ponzi ones, if that's so we're the same Cheesy I also see cloudmining sites as a disguised ponzi but after some research I found cloudmining sites that's legit and not a ponzi. One good example was bit x. Also hashnest was a legit one and probably there are more legit cloud mining sites.

Yes I also had bad experience with my cloud mining. Earning was very much little that may be due to the amount of hash power I have bought. But when bitcoin prices down surged, they paid out in negative with the reason of maintenance charges.
914  Other / Beginners & Help / Re: Where can I invest? on: October 22, 2015, 04:14:47 PM
Invest in the bitcoin.

Investing with bitcoin into bitcoin is not at all possible. Investing in mining using bitcoin is wise decision but not profitable even in long run as per present scenarios. So, must invest your fiats into bitcoin and wait for some price increases to make good returns.
915  Other / Beginners & Help / Re: earn bitcoins quickly on: October 22, 2015, 04:11:36 PM
To earn bitcoins quickly you must have been running some online business. Only with a services associated with bitcoin you can make lot of bitcoins in a short time period. Making exchanges and selling goods are some options to get into bitcoin business.
916  Other / Beginners & Help / Re: What is the best Cloud mining Site? on: October 22, 2015, 04:08:50 PM
Cloudmining was never profitable. I have some small investments in different sites for almost two years now but never did i make money. High maintenance fees and mining difficulty eats up your payouts plus almost all cloudmining sites turned to scam later on. Just hold on to your coins Smiley

Cloud mining had lost it's attractions even though bitcoin network has lesser difficulties compared to it's peak levels. May be cloud mining will bounce back to it's significance once bitcoin price hit back to some $600 levels.
917  Other / Beginners & Help / Re: Best bitcoin wallet? on: October 22, 2015, 04:06:47 PM
Bitcoin core would be the best and most secure wallet if you consider a desktop wallet with all the required features. If you wanted an online wallets then blockchain.info must be a option for securing your hard earned bitcoins.
918  Other / Beginners & Help / Re: Bitcoin and Paypal on: October 22, 2015, 04:05:10 PM
Many people believe that to sell bitcoins, if Paypal is available as an option would be great. But that is not at all needed right now. Even some days Paypal will implement that option but at that time you need not to sell your bitcoins.
919  Other / Beginners & Help / Re: Did you earn some bitcoin today? on: October 22, 2015, 04:03:11 PM
I earned .04 from sports bets today. I almost lose my bet but luckily my team hits the basket on the lsst minute

Making money from gambling must be a most memorable event as these money are sometimes considered as free giveaways. You got a nice profit for your betting. If you share your tricks and methodology that would be more helpful for developing sport betting skills.
920  Other / Beginners & Help / Re: [READ BEFORE POSTING] Best web, desktop, mobile and hardware wallets on: October 22, 2015, 02:56:46 PM
I do not need all type of wallets on the other hand. One can tell about a wallet only after his personal experience of a particular wallet. So, no one can judge the best wallets across all the platforms.
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