Purchase bitcoin is possible even at this price, because in a few months it will be possible to get a small profit, and in a few years to become rich.
hard to believe that people will become rich in the next few years thanks to bitcoin because the price is not cheap anymore. If you buy Bitcoin in 2014, I can ensure that you will become rich in 2020 If I recall that in 2014 the price of Bitcoin is around $400, and if we sell now it means that we'll get $2400 profit as the current rate, for now, is ~$2800. That's a fucking 600% profit within mere 3 years, man. Far surpasses the profit you'll get by investing in real estate or so on. So, those who've invested with big amount back then are now can easily become a rich people just for waiting 3 years and do nothing. Well, It feels like I regret my life of why I didn't buy even 1 one them few years ago, but well, It seem that I can still have a chance for this. |
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I remember hearing something about a bitcoin credit card. Like, one that you pay for everything with fiat on credit, and then you pay off your bill in bitcoin. So you never have to hold fiat if you don't want to.
What's the best/most reliable credit card that does this?
Well, Bitcoin credit card I think it’s impossible to happen because the value of bitcoin is always change and it don’t have definite value. Then, the bank doesn’t know what bitcoin is and they didn’t also accept it as deposit of their client or costumer. But I think in the near future there will be a credit system in all bank in the world also they will accept that as deposit of their client. If the problem is because of the volatility of bitcoin. The issuer could simply just set USD as their main currency and for every transaction to make it simple and resolve all of these matters. The only main reason of why bitcoin "credit card" hasn't been existed yet is because there's no guarantee that people who use the "credit card" will want to pay back without make some fraud requests or even just drop the bills blindly. We're not talking about debit card but the real "credit card" ones which don't require you to load the cards but to pay the bills based on agreement and within time intervals. |
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I also said the same thing last 2012, and now I'm here. As you can see, Bitcoin is now close to impossible to die, there are so many people that is using bitcoin as a mode of payment and also as their internet currency. And as we can see, this time, the bitcoin's demand is too high, and wil rise and rise in the future. I disagree with that person.
That's actually funny. There's another thread that addresses this rumours which media have been revealed that releasing such article that says "Bitcoin is dead" for so many times. That's just an ugly fact that the media themselves trying to make bitcoin have a bad image amongst people by just giving out unreasonable and nonsense news. And the truth is here, bitcoin's market cap overwhelmingly in just recent time and even increasing its value which means have higher demands compared to long ago. |
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Yes, he confirmed the "private beta" will be released in August. Now, "private beta" should mean that it won't be ready for public released yet, but for testing purposes.
Yes, it's clear that a "private" beta won't be ready for public prime time use. But at least there is some forward movement. I'm very interested to see the final product and I have a feeling it will be great. A really interesting project TBH, and it's released by Kim dot com who's really a controversial man, it'll either attracts crypto users and ordinary people. Though, pretty curious about the current progress of the project but it seems that the time has come, August will be coming and let us see the real benefits of practical use given by this project. Really entertained by him since then LOL. |
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I get annoyed when my technical analysis do go failed. There were many incidents the price movements of one altcoin may start disobeying resistance/support levels of daily pivot point calculations due to heavy pump or dump reasons which is leading to hit the stop loss finally.
I even wonder how on earth do you analyze technically when most of the things happening in the crypto market are not transparent,the price keeps on increasing and only after the pump you get to know the reason for the pump,i think these sort of things are just pure speculations and if anyone really know the real secrets it is the fund houses who are doing huge pumps and they have an idea when they are planning to book the profits. Just thinking that technical analysis is basically "a mere speculation with some news and upcoming events which may occur behind it and support the price pump" as you said and well, that's what I often use as a clue for my tradings. still, none of my "technical analysis" is successfully giving me a huge profit. And from my experience, the pumping on altcoin occurs suddenly because there's someone who have a big money and all in buying the altcoins resulting the increase of demands and triggers people to buy because it seems that the current trends are buying and expecting to have a profit later. one thing.I've seen many professional traders giving out a signal about which coin may be pumped in the upcoming time but there's still a chance for the wrong signal. There's no prediction which absolute I guess. |
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Oh Yeah, I forgot about Australia, to be honest I do not know if bitcoin is as big in Australia in order to make the price grow that much, when Japan accepted bitcoin we knew the price will skyrocket because bitcoin is big in Japan, but Australia, I have my doubts.
Nah, I think that the recent price increase is not affected but this acceptance since Japan have announced the acceptance of Bitcoin as illegal tender a few months ago and nothing significant happens towards the price. I just think that the cryptocurrency is just overvalued that makes the demand overwhelmingly increasing, but I was wrong. The cryptocurrency still undervalued in some people's perspective and now goes to overvalued because the price is now absurdly high. But, it's a good thing still. |
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Many of my friends consider bitcoin as MLM but I don't see it that way for me bitcoin is just another currency, all of us got more advantage when more people join bitcoin, so it doesn't matter what it is called as long as everyone got advantage, but we need clarify that bitcoin is legit some people think MLM is a scam thing
That's actually because some shitty ponzis back then entitling themselves that they're officially supported by bitcoin or even the local exchanges company. Therefore, so many people who're pretty lazy to read or I often call it denial just blindly accepting the fake fact that Bitcoin is part of MLM and denying the truth that bitcoin is mere currency but in digital form. Pretty confused about how this kind of people could survive nowadays despite their close-minded brain which could drive human to extinction LOL. |
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I wonder what the general view is on this. It is obvious that having altcoins in the short term can be extremely profitable with amazing % increases. But it is probably not sustainable over the long term. Or can you actually put your money in altcoins and just let them sit there for the long term, like with Bitcoin and Etherium etc? Or should you always gradually move your short term profits from altcoins over to Bitcoin or Etherium to save for the very long term?
What are the views on the survival of the alctcoins? Say in the current top 50 list. Do you think they will still be prospering in 1-5-10 years? (granted of course that the whole marked would not crash completely a long with Bitcoin etc)
And by prospering I don't necessary mean they will be in the top 50. But at least that they will be worth more than they currently are.
I personally wouldn't bother with altcoins unless you're trying to get involved with a pump n dump or are investing in something within the top 15 to be entirely honest. Most altcoins just die and end up taking a lot of the value they had down with them, you can see this on exchanges with them delisting coins constantly. Keep in mind you need someone to sell to, you can't just sell it back to the exchange. Trading doesn't work like that. Nah, that just goes for shitty coins. The rest which has proven its potential to the public seems to steadily take over the Bitcoin dominance. The coins delisting based on volume in which if there's no transaction going on between specific interval time, it'll be automatically or manually delisted by the exchanges. But, as you can see, some popular altcoin just like ETH or XRP keeps on having support from various exchanges and increasing overtime. |
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I think majority of all the countries have already accepted bitcoin.Its because of its popularity and its help to their people from their own country.Since bitcoin was already introduced to the world,it have influenced many countries too.But there are still some who doesnt accept it like ecuador.It would take more years for bitcoin to be accepted worldwide.
Yes majority of all countries have already accepted bitcoin, I think they saw the potential about bitcoin. Day by day every country will continue to accept bitcoin. Imagine if they will accept bitcoin it will be a great help in our daily transactions and aside from ecuador, bangladesh and vietnam also not permitted to used bitcoin. You're wrong, it's either you never read the news or barely visit any news site. So far, there's only very few country that accepts bitcoin and makes an official regulation for it. The rest just don't give a shit about the existence of bitcoin and will seem to only come if there's urgent of bitcoin that could threaten the country's income which is taxes. Keep in mind that permitted to use bitcoin doesn't mean Bitcoin officially accepted and recognised there. See the differences. |
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Not only you in this world who feels the pain like that LOL, mine have the same case as well  . But well, keep on heading the future, maybe we'll get the second chance. And about buying while at the rates of about $2400. Probably you've got the profit of $400 for each BTC today but well, if you're not yet buying it, alright then. The price is now currently on its peak and really vulnerable to recent correction to be coming. TBH from my opinion, not a good idea to buy the bitcoin right now. The price rather too expensive and make our investment worth a little, but if you're believing that the price will always go up by the time. Just try then. There's some news that Russia is now accepting Bitcoin, may be a good reference tho. |
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Corruption has always existed in the entire history. I doubt bitcoin will increase this somehow. It could maybe because of how easy and anonymous it is, but anything significant is unrealistic. People who does corruption, may prefer using bitcoin to stay anonymous, but still I don't think the amount of corruption will increase anyhow.
People getting blinded by bitcoin feature and often repeat that bitcoin is an absolute anonymous currency whereas it's definitely wrong. Bitcoin itself is more transparent than any currency ever existed. Everything can be traced, transaction history always saved up in the blockchain and can be accessed by anyone. I'm wondering whether those people who said that Bitcoin could lead to more corruption ever have time to read or barely have the competence to read the Wikipedia. But, the obvious thing here, they know nothing. |
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I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions. I think before you send bitcoin check always this site for updated fees here https://bitcoinfees.21.co/If you are using multiple bitcoin address and your funds was receive on different bitcoin address in your wallet i think if you send it to other the transaction size is high.. so for me right now better to use one address only so that you can not pay for high fee and use dynamic if you are using electrum it can gives you fee estimation so you are far to pay for the fee for slow transaction.. The address that the funds were received in your wallet affects the fees?! I'm confused That's right, the output and inputs inside of a transaction really affect the fee because it's increasing the size of a transaction. If you're really curious. Try to claim from various faucets into one address which is yours. Then, try to move out your funds that you get from the faucet before into another address, there'll be so many outputs in just one transaction that could overwhelmingly increase the size of the transaction. |
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I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.
It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.
Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
In a word - no. Though I don't know how long you'll live (hopefully long  ) or how much you spend. If you're thinking 1 BTC might be worth like $500,000 in 20 years, I think its very unlikely. For me safer would be to hold various alts rather than only btc over the long run That's like expecting something which has a high possibility of not happening. Maybe within 20 years, bitcoin could be that valuable, but, what if thing happens the opposite. Then you'll sure need to work again to fulfil your expenses while actually, you should've to enjoy your life in your retirement. Better to keep something for your future in form of precious that always stable and steadily increasing its price overtime. |
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I never use low fees, don't trust them.
I use Electrum wallet and always pay the highest fee possible.
I've had problems before trying lower fees and its not worth the hassle.
Normally I'm moving 10 BTC + so I don't mind paying $5 + for a transaction
It seems that the fee of BTC transactions which really depends on the size of a transaction give benefits to those who sending bitcoin with large amounts of money. Because, as long as the size is small, you'll seem only required to pay a little amount of money. But the bad thing is, just like what I've experienced in recent days. Sending 0.00286 BTC and take about 0.001 as a fee. Really a bad thing for micro transactions. |
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I'm not from xapo nor connected with them but I say that they are a real business and legit wallet. They have a good reputation but because of the changes now that makes me think of continuing to use them, they have bigger suggested transaction fee rather than with blockchain.info but when it comes to legality, they are real.
I have found out about Xapo few weeks ago and only after there were a lot of threads about that they were fee free and now became with fees. I don't use this site, so I can't say anything bad about it, neither good. If you want to try them, I can say they are good and one of the trusted. People are looking for free within these days and you need to remember that bitcoin transactions are not free anymore and in this world most of the things are paid and they are not scam or something like that. It's one of the best web wallet I used. Well, bitcoin is not free from the start so there's no word "transactions aren't free anymore", But it's right that by using XAPO you can take advantage of its free charge of the fee. Though, there are some people already that said XAPO's deposit address often changed but if you have a lot of free time to contact the customer support, it'll not going to be a problem. But keep in mind. For those who only have a really small amount of BTC below 0.001. Don't expect to use the fee-free feature. |
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Correct me if im wrong, you are able to make a few cents with fiat online opportunities, maybe 0,04-0.20 dollars daily with a lot clicks at several websites, you can earn those same value with faucets or something else, the thing is bitcoin and crypto world has changed a lot, nowadays you are able to earn a decent ammount and well scamers still around but you can prevent it before.
That's for sure because the overwhelming price increase of Bitcoin compared to back then. But, as you can see, many of faucets are now dying because they can't afford the expenses of running it. They're having the revenue from the ads but it now only gives them a little amount of BTC, therefore, the only option is to stop their faucets. Preventing to be scammed is simple, you just need to use escrow, but, you must be careful of virus or ransomware which already spreading around. |
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Usually, after a sharp price climb, such as that of the last month, there will be a couple of corrections. Don't buy yet. Wait for a couple of corrections before buying BTC. At the moment, the price is quite high, but I am expecting at least another correction before a stable price.
Actually right. It's have been proven for many times that after a sharp price climb as you mentioned, there will always be a price correction that makes the price gets dumped hard. People can do the math and make a comparison with the recent price corrections in the past. But, I'm pretty sure that there will be no price correction until at least the price hits $3000, so, don't miss the train. but TBH, it's a mere speculation, nothing is obvious and do with your own risk. The stable price already occurred a few days ago and now is time to go to the moon. |
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My web wallet is charging me about 1.8$ per transaction but it confirms within an hour though, some times less than an hour and this is huge if you're sending smaller payments so I will advice people to use Bitcoin torvhigher transactionscat least until a solution is applied to the current issues.
With the current rate of bitcoin, 1.8$ supposedly to be 0.00073 while the average fee needed for a transaction to be confirmed within the next 3 blocks is 0.00088140 (from https://bitcoinfees.21.co/). No wonder why it's still taking an hour for just a confirmation. Even my transaction which I made a day ago uses 500 sat/byte as a fee and still unconfirmed within 2 hours. If you want to make a transaction, always be sure to check the current recommendation on that given site above, otherwise your transaction will either stuck or have too much fee(not wrong btw). The scalability issue seems will not be solved very soon, the only way is to use the recommendation fee as your advice. |
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Thats true i were looking on the last days to get a solar energy panel, but the price of it is very big, even if i do sell some energy to my currently provider its an investment i will recover into 6-10 years, and i dont know if i will still the same place where i do live. I really hope this project can grow and reach all countries, being able to purchase equipement with bitcoin would be amazing as well.
We are on the same boat my friend. Solar panel is still expensive to my country and if this project will become successful in the future, globally, we can all benefit from it specially if it is available to the masses. Well, it's the same here. The expensive price of solar panel make it not affordable even for people from medium class, they can't make their own electricity out of this alternate energy due to the lack of money and hardly be applicated. if this project could solve that, I'm pretty sure this project will make a better world. |
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I can imagine that many of the 'Bitcoin millionaires' have lost their wallets around 2011 to 2013. I had a wallet with hundreds back in 2012 but I sold them for chump change like a wimp.  That must be a serious pain in the ass LOL. Bitcoin millionaires today I'm pretty sure really take care of their wallet back then. So, they can become a millionaire today, the rest who don't give a shit ended up depressing for missing the chance to be instant millionaire. Pretty curious about how the guy who bought pizza feels about today's rate because it's as the same as chump change LOL. |
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