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Yes we can encourage local businesses to accept btc, and before that you should be able to orient the one who managed or owns the business. You will be explaining the to him or her the importance and advantages of bitcoin to the market today and its impact if they adopt it with selling their goods. So first of all you should make the owners of the local business to learn a lot of strategy on how they will earn good profit through bitcoin if they used this as a mode of payment although bitcoin price is fluctuating and not stable, there maybe times of peak price so that thing should be learned by those business holders.
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I don't think bitcoin will reduce demand of fiat because exchange of crypto currency to fiat nowadays were very compatible and both of them earns independently in terms of its exchange rate value specially btc to fiat conversion. And if we talk fiat to bitcoi it also have its own market value of its pricing of bitcoin buying online so it doesn't confirm to the subject of demand is reduced because of bitcoin usage, its just a mere speculation if we can observe the reality.
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Send your coins to a publicly proven scam and do not receive a 500 Bitcoins jackpot. This should really hurt.  Two mistakes I would say are the worst 1. Playing with no limits, borders, x amount 2. Playing with un trusted casinos i have experience with number two, because i don't search the info about the site so i only make deposit and trying to play gambling but after a week or more, then the site is getting offline and i don't know why. and this is my reason to not make any deposit without doing research about the site, i don't want to get this bad experience again. Same with what happened to me years ago, i won 0.023 btc in a sportsbetting site so I enter my wallet address for claiming their price but suddenly there is problem with my internet connection error problem. After retrieving the last activity made during the claims of price it happened the price is already claimed and nothing was received in my wallet. That was the very worst mistake that I experienced in gambling, I should have used wired communication in playing online sportsbetting to prevent any error to happen. |
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altcoin can make known a lot of people I think it is not easy, which would require substantial capital to be traded, his guess you've already set up all that has been under consideration.
Its not that easy to make any cryto currency since bitcoin is already well stablish for several years but its not that actually well known to people nowadays. Maybe you can study a computer course related to programming of digital currency if there's a school offering it, or do a deep self research of your own. If that time will come you stablish a new crypto currency I'm pretty sure that there is big challenges will happen as you introduce that cyto coin to the market of bitcoin competition. |
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Chances of being a winner of online gambling with bitcoin is higher if you are familiar of the game you are trying to bet specially when it has a great prices offered. But if you are playing with higher bets and easily wins with big prices in an instance like quick winnings, then you will be tempted to bet again and again thats why its the main reason everyone losses in the long run. If you ask me why? Its because you are looking for another big chances to win more bitcoin and you are not satisfied with what you won so you expected for more, but to think chance is not consistent and it only happens once in every situation.
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Asking how to earn free bitcoins is no different than asking how to earn free money
People earn money with a job, selling their service online, or items, freelance, ect
Yes you're right but you can just earn free bitcoins through faucets earning satoshis which is the smallest unit of bitcoin. There were many games online for mobile phones which earns free bitcoins which will be paid though your online wallet. We can not only earn money through selling but also in games with bitcoin points. |
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I heard that when you play small number of bets you have a chance.. How's that true in sports betting and base on everyone's experience.
the amount of the bet is not influential in sports gambling, if you mean is odds then it's true. in sports gambling more superior team will be given a small odds Yes you are right, the size of the bets in sports betting does not affect the winning on this game. But the odds that will affect, as you said good teams will be given a small odds. But it can not be used as criteria for selecting the because anyone can win in sports betting, so it was back on your knowledge of the information team that play and luck. The size of the bet depends on odds, of course before starting the match the strong team will get low odds, and the weak team will get high odds. But once the game started the odds will change. so if you are looking to make money in sports betting play live betting. you will get many options and also some time with small amount bet you may win a big amount. all types of possibilities you will get it in live betting. Yes i agree with you size of the bet really depends on odds and doesn't require how much amount you are betting, as long as you can manage well on your bank roll. Play direct betting sports and you may have chances of winning bitcoins even how small or big is the amount. Always be updated for live scores so that you have proper ideas on sports betting and it may serves as your guide prior betting another chances of winning with live sports betting. |
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Buying clothes using bitcoins is very convenient to do if even its implemented here in my country, but for now its still a visionary for us who really loved using bitcoin. Local stores in our place should have proper knowledge about bitcoim so that it can be implemented to consumers who has an options with this type of payment method.
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I think the reason for misconception or abstract understanding of BTC is because of the way our mind understand money, some people can differentiate the difference between money and currency. Most people thought money is the same with currency which is not.
People doesn't get bitcoin by these reasons like they are not getting used to it and they only knew one type of currency which is we are mainly using, a fiat currency money. There is no proper information feed to them and some believed that we are only talking a myth here, and they don't vision out bitcoin can turn to reality in their lives and can be profitable extra income for them. |
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So if you've got a business and your clients pay with paypal but you use bitcoins for your transactions etc how have you converted your paypal to btc in the past?
Also on a slightly different note. No escrow will deal with a paypal transaction.
Yeah my friend shares me about his experience on transactions of bitcoin purchasing through paypal so his fiat money was exchanged a bitcoin currency. So this is a gateways between digital and fiat currency transaction which is other user were using to buy bitcoin for online use. |
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Exactly dice games are so much fun, just what I played at directbet sites you only have to bet small btc amount and send an amount directly through online wallet then bet. Its more fun at all because as the game rounds hit I was winning succesively at four times hitting the win and its so convenient because btc amount winnings will directly be paid to your wallet instantly.
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I know its impossible to happen that no one spends bitcoin because its the mode of spending that most users is prefering to have and they were getting bigger in numbers. If we talk about the subject on effect of no one spends bitcoin is there will be big crash will come to bitcoin economy and no demand of btc so price will drop down and thats a big disappointments with those who invested in altcoin tradings and also in forex tradings; thats a big lose of profit.
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For me, it would not be profitable in a long term because if you're talking about money making it was just a gambling for fun and you are expecting any lucky winnig at any situation you take and even your investment is at risk always. Maybe if you win bitcoin while investing like sports betting site that would be profitable but that's short term and it wouldn't happen for a long period of time, because in gambling its more loses rathen than wins.
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No, it won't make banks disappear because you cannot cash-out bitcoin crypto currency into fiat cash money if there is no bank. Bank is a reliable and secure storage of people's money so it plays an important role of every currency that is circulating around the world so it wouldn't be disappeared, although bitcoin is popular nowadays it has its own advantages compared to banks but bitcoin really needs a bank for fiat currency transactions.
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Its my money I am willing to lose with the option of winning I believe I should have absolute control in short I have the control over what I spent in gambling. Gambling in the first instance comes with responsibility and that is attached to control and if anyone cannot exercise such, then that person should not be in gambling at all.
Although it's your money you should not lose a lot of it just for winning, if that time you lose and no chances for winning better have self control of your emotions because its not your lucky day; just gamble for other days to come. You must not over spend money or bitcoin whether online or offline kind of gambling, because you might lose it all and please think how important money for everybody its the source of our living thats why you should have self control beyond your eagerness to win the gambling game. |
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Though people are started using debit cards, credit cards and other digital currencies; there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment.
Yes it will always be and there are people who are not even updated with these type of usage when paying because they really lack of knowledge about technology. There is always a need for paper money even the technology is becoming more good enough nowadays and we can transact everything using internet. It will surely take time for people to accept it but i'm sure the day will come when the world will be completely digital and so will the payment systems, though we cannot say for sure that bitcoin will be the mode for that but governments might create their own digital currencies which will replace paper money system for sure. true, although the digital world will later use the money for their currency system, it does not mean that bitcoin will replace paper money, it was something very difficult but I hope bitcoin could play an important role While the rest of the world uses paper money, us talking about bitcoin and its great popularity, but really need to look at things and understand that paper money is still more weight Yes nowadays were really binded to dgital world of internet specially with internet payment transaction needs credit card which you will be paying through banks offline through paper money which is fiat currency. So to make it clear to understand by most of us, the future of paper money is still popular ti people even though bitcoin is popular in digital world because of its advantages compared to fiat currency, paper money still be patronized in the future. |
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Currently the best options are casino bankrolls as well invest into the trading, but if you have time and patiente i would advice to stay at bitcoin taking advantage of bumps and dumps happening all days, soo you could maximize your capital doing such almost without risks.
I.would rather invest in altcoins tradings rather than gambling casinos because its more profitable and even though its risky, I can guarantee that it will give profit for my investments in the future of my bitcoin. No matter what situation on bumps and dumps, we do have no control about that and it will happen all day because thats the movement of bitcoin transaction and every person has their own decision to have. |
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I think it could reach 1500$ in 2017
Well i think it will too. This is the prediction of some bitcoin veterans. They said that price will reach 1500 at the end of the year. Their reason is people fleeing from their local currency. They also observed that there are lots of fresh fund from the newcomer in Bitcoin. So definitely bitcoin is being adopted by people. There are also companies that are looking and getting interested in Bitcoin. With this factor I think it is possible to reach 1500 this year. Bitcoin in 2017 will be a better investments this time because more people were now be using this time and demand will be striking up again and the price will rise again after its downfall because of many buyers who believe in profits of bitcoin and they hold it for better. I do hope its not just an speculation, but being positive for a possibility that it will make higher price history this year. |
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