Wait the can put your funds on hold? I don't have an account yet but I'm considering making one since I got accepted into a transcribing site. Unfortunately they only pay through Paypal. Would have been nice if I would just send the payment directly to my bitcoin wallet.
Yep, they usually put the payment on hold for verification and validation purposes. Been through all those 15-day shit period in which you won't be able to use your own money because they are 'verifying' the transaction on the other party that paid you the said amount. I understand it's for security reasons, but for 2-3 weeks? That's a pain in the ass for people in the fast lane. Yikes. That would really suck if you're receiving your salary via Paypal (ex. online only jobs). I guess this is why employers should start paying more in Bitcoins. Then we'd only use Paypal for shopping. If employers paying their employees' salary with bitcoin then they must overcome the volatility. The only effective way for them is to exchange the fiat to bitcoin at the same time when they're going send it to their employees. But, unfortunately, if they have so many employees this thing can't be done just in few hours which is really a problem if they're going to pay their employees with bitcoin |
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Mining bitcoin only worth it if you have such a big mining rigs and cheap cost of electricity. However, if you don't have those things I've mentioned above you can still mine other alternate coins which are still profitable.
Mining is now always about bitcoin but there's also various coins you can mine.
And my opinion about bitcoin mining is it's really not worth it. The difficulties were too hard and halving already occurred therefore the profit you will get will cut in half if you compared to before halving occurred
I won't do it though, for now
I think OP's talking about cloud mining, not physical mining. Either way, it's not much different. Cloud mining can be profitable, but is more often than not a scam. Physical mining isn't profitable unless you have many rigs. Either way, I don't think you should look into any type of mining whatsoever if you are new to bitcoin, and instead look into a different method to make bitcoin. Well, My conclusion above could be used for cloud mining. There are many factors to make a profit out of mining business both physical mining or cloud mining.And if it's really about cloud mining then it's really not worth of talking, Because before you can determine how much money you invest to get profit you must first avoid many of scam cloud mining websites which is majority of them |
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Mining bitcoin only worth it if you have such a big mining rigs and cheap cost of electricity. However, if you don't have those things I've mentioned above you can still mine other alternate coins which are still profitable.
Mining is now always about bitcoin but there's also various coins you can mine.
And my opinion about bitcoin mining is it's really not worth it. The difficulties were too hard and halving already occurred therefore the profit you will get will cut in half if you compared to before halving occurred
I won't do it though, for now
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If you mean by earning, I don't think there are any that pay enough for the time that you spend doing whatever it is that you do.
Best way to GET bitcoin is to just buy it cause it is below $765 now.
I think everyone must have a method they prefer. and everyone has different skills, maybe you can make profits by trading bitcoin, because you're skilled at it. what if I do not have trading skill, what should I do? If you have a skill or product you could sell those and if you really don't have anything to offer then you could do your job and just buy and hold some bitcoin, but if you want to earn even more than that then you could learn something new like trading or programming. Working is good at least no risk at all, however it's not viable for everyone. Most of us does not have the skills and programming, like for me, it's not my passion and I want to do now is to invest as I am a business minded. Investing in bitcoin is already my major investment so I am hoping that I will earn profit in the future. You can't always count on investment. The profits can't always make up your livings if the investment were too small, and if you don't have any skills, then learn. There are so many websites available to learn something online and you seem to have the resources. It's not going to be a problem at all I guess, and you can't keep yourself unskilled. learn to have skill |
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Every day their are many people starting using bitcoins , I think they were invited by the referral hunter to make an account and start using bitcoins. Of course they all want some profit or they want to earn money in the internet.
Bitcoin doesn't offer any referral programs and if some referral hunter were referring someone then it's about some sites are having some sort of referring programs to boost up their users. Bitcoin have nothing to do with those referral and they might only interested by the program which some websites offered. Bitcoin is only a currency not a business |
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I realized, after comparing with the bitcoin transaction speed blockchain, and others, I think the speed is very fast bitcoin transactions. Well, we just need to wait a few minutes until we could use bitcoin we send. Well, if you use another payment processor, it may take more than one hour so that we could use it.
One hour is very less to be said for other payment processors except bitcoin, because even bitcoin transactions take that much time sometimes and bitcoin is said to have the fastest transactions in payment processors so others would probably take more time then that. yes, bitcoin has the fastest transaction and I've feel it the last time that I've sent my coin from exchange to my personal wallet and it only take less than half hour although bitcoin might also take an hour before the confirmation has finished because of too many transactions to be processed at least it is not usually occur not like with other processors they might take a couple of hours before you will totally received the amount of you've transacted . Well, mention to me which payment processors other than bitcoin which take a couple of hours to be done. As far as I know other payment processors such as PayPal or debit card will only take about 5 minutes to make the transaction done including filling up the required data /or log in if you were using PayPal. Even bank transfers are now very instant |
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There's no way to find to indicate the actual number of people using the Bitcoin. Rapidly changed using the internet and anyone can easily access.
Yeah its not important to indicate actual numbers because there's survey for that users. For me its infinite because numbers of user are getting higher all the time. Popularity of bitcoin open a lot oppurtunity to people worldwide thats why numbers if user are gettting bigger. There's no such thing like "Infinite numbers of user" because human's population is not infinite and will never reach infinite. It's right that you can't get the exact numbers of bitcoin users but there may some method to make a prediction of the actual number of bitcoin users which is near to the real numbers and maybe it will eventually discovered |
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In my opinion, yes investing mining is still worth it and profitable. It is profitable, which is why so many people are doing it and global hashrate is floating around its all-time high. But every two weeks the mining difficulty is adjusted, which has the effect of keeping mining right on the razors edge of profitable. The biggest factors determining profitability are equipment costs, the price paid for electricity.
Why does it worth? If you just hold your BTCs for some time you will make a higher profit than investing in such sites. People are always investing on it, but they are always complaining about it later too. They think it's possible to earn a decent passive income "lifetime", that is why they are investing on it, but when they know the reality of the facts, they regret a lot. Some people don't have patience to always keep holding their bitcoin because sometimes waiting for the price rising took an age. And mining is really worth it if you build your own rig at your home and try to mine a coin which has pretty easy difficulties and having decent value. It's just about how you can manage to make the profit out of your investment. If you looking for a safe zone then just hold your bitcoin maybe investing is not suited well for you |
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If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.
That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped. That depends. Other altcoins could just use fiat to determine the value of their coins when bitcoin is no more having its value. If there's no one using bitcoin doesn't mean the other altcoins will also failing. If the altcoins having such a strong communities that make them always using it then it will be fine. Although if bitcoin were dumped then the altcoin will be pumping, that's the natural law |
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i think bitcoin through on internet is much more good than bank because Bank get a high fees and the government is also apply tax on our balance and online wallet has too much lower fees and our bitcoin is much more safe and its feel like as our bitcoin in our control when i keep my bitcoin in wallet .
We can't stop those banks if they are seeing that bitcoin has the potential to bump their services for the people. And that's for sure to happen that they will charge us for using their service and its up to us if we will avail their bitcoin banking services. But since there are already exchange sites, we can be our own bank with it. Isn't exchanges the same as bitcoin bank? we deposit our bitcoin there and we transact using bitcoin exchanges, so I think there is no need to have a bitcoin bank, besides, it would just be a hassle for us to go there if there is really a physical bank. Hacks here and there are common, who knows, they might use it as an alibi too to make money. Exchangers are definitely a different thing if you compare to the bank. Bank is where you can save your money, making the profit out of interests, and get the security for your money also you can get some sort of loan from the bank while exchanger is basically a service which exchange from a currency to another currency. |
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I use blockchain.info, not any software wallet, the online one. I use it due to so much security features, like 2FA, Tor disallowance as well as tor protection, and also fast transactions. The only problem id that fees are a bit higher than other wallets, but I guess the fast transactions compensate that demerit.
i don't like with blockchain because of the fee is too high for me. i use many wallet from market exchanges but its only for middle amount of bitcoin and i use multibit to save the most of my bitcoin. i prefer to use wallet with installed on my pc so i can controlled and managed it directly when I needed. so far, its good for me. There's no difference if it's about the fee. Blockchain.info have had an automated fees which determine how much the fee you needed to get your account confirmed faster and to be sure it's meet the recommended fee/byte. Otherwise, if you feel the fee is pretty high then you can customise the fee yourself by using custom transaction option. And I think that another bitcoin wallet such as multibit will also require you to pay recommended fee which is the same as blockchain.info basically |
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The only reason why bitcoin is not that popular and not being used in every country as a mean of payment , is because of the lack of promoting and advertisement that bitcoin is getting , nowadays people are becoming more and more lazy and more and reling on Internet so if you tell thell that they can pay without leaving their chair they will do it
If it's about "you tell that they can pay without leaving their chair they will do it" then credit card or debit card already there to make it happen for you. You must offer another bitcoin's features to make it advantageous than the other kind of things like a credit card. And I think that bitcoin is lack of promoting or advertisement because it's a currency which the whole system didn't owned by anyone. And I think a currency doesn't need advertisement. Does another currency like dollar, yuan or Euro had ever done an advertisement? I guess no |
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I would think that more people would like the idea. But instead a lot of people dislike the idea. I thought that it was a great idea because you could get a quick loan if you were in need of some Bitcoin. It is also a good idea because the banks would pay you interest like they do in a fiat bank.
What's the different from requesting a loan on some sites which provide it then? I guess that the requirements still the same. You may provide some important data or documents and then giving a collateral if it's necessary and you will be burdened by the interests which are quite high for a monthly period or even weekly as you negotiated with the lender. People aren't worrying about the lending system on the first place but if the bitcoin bank is going to be realized. The whole system will turning out becoming centralized |
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i think most of countries accept btc , like china , Philippine, , soon its spread whole word
yes i agree for you opinion, China is accepted bitcoin as legal their currency I hope more countries again like China China hadn't accepted bitcoin as their legal currency, just yet. As far as I know, China is considering bitcoin as a virtual commodity, not a currency and it's a little bit different. It's like a digital thing but having value to fiat. Though, China are seem to having interest on considering bitcoin as an official alternate currency in their country but it's just too far away to happen because RMB is enough for them i guess |
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It seems the opener invested his money in hyip instead of real business, the step number 3 should be step number 1 before any investment is made at all in any website or coin.
I agree with it, it must be the first initiative that you need to do before you are going to invest into a website. It is all our duty and responsible to search all necessary things about that company, its established date, owner. And when we see that there's a transparency and it seems that all the information are good enough and true, then its up to you if you will trust that company. The advices above aren't mentioned in order so whatever you doing as long as following the advices above won't make you a problem. It's right that searching necessary information about the company you're going to invest will make you know whether the company has intention to scam or not but few actions other than that may be required to make it all clear. Though, even if you've done those advices and even you sure about the company also end up investing there, no guarantee the company will not turn out scamming |
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Situation in my country isn't good, but economics are growing slowly. But there are some problems: all investments goes to 2 biggest cities and in province there low possibility in province to earn good money. This is why there are many people migrating to Western Europe. Another problem that there are growing separation between poor and rich people.
The gap between the rich and the poor are growing bigger time by time and if it wasn't prevented then there might be a problem some countries need to face in the future. And that's really usual thing that the investments are centralised in a specific place such as countries' capital city thus make the development outside there is not as good as compared to the capital city which is growing so fast and the rest are just slowly developing and much poverty. |
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Don't really see the point of adding Trash button, though. Instead of deleting the bitcoins, why don't you just send it to someone who need it or anyone? At least, they could use it to fulfil their needs
Not going to be hypocrite here but, deleting is just plain stupid. You are losing and gain nothing even you will feel regret about it. Unless you consider bitcoin as a threat for your business or whatever then you might have to do it
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The best source for Bitcoin is advertising networks... Most pay an incredibly high eCPM for a wide variety of traffic sources. These also tend to pay for darker streams of exposure.
In the best of the Internet most mainstream networks also offer BTC as a payment source so you don't have to stick with Bitcoin exclusive networks.
eCPM especially if it was not from a popular advertising network is having very small reward. I've used some of the bitcoin-based advertising network and feel like only wasting my time there and gain nothing even with traffic above 500 UV in a day. Though didn't know what's people opinion by using those if their blogs traffic were above thousands but i can say that it's not really effective. I would rather use fiat based advertising networks |
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As far as I know. Paypal is actually forbidden any kind of cryptocurrencies transaction. Therefore, every chargeback request may have big chance to be approved by Paypal. But,while if you're using Paypal for a usual transaction such as cell phones, or any electronics you will be required to provide enough proof to prove that you're not going to make a fake chargeback request and be sure to punish only the ones who have the intention to scam.
This feature sometimes really useful but in Otherside could be a dangerous threat
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I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.
What do you hold the bulk of your wealth in?
I think you are a lucky man, your fears of losing money if bitcoin price crash indicate you have a large amount of bitcoin. I've planned about my wealth in the future, to divide your wealth into several forms is the best way. Choose to buy land, gold, bitcoin, cash in banks, start your own business and invest somewhere you trust. Dividing the wealth into several forms won't make it better than staying in one form. For example, you can't always monitor multiple forms of your wealth and when one of them is accidentally having some sort of problem that could decrease the value of the wealth then you will face the mass and could be pissed off. I would myself always stay on one form to save up my wealth and not going to worries any additional problem which is actually unnecessary |
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