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121
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: September 18, 2016, 09:46:05 PM
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im not buying bitcoins right now because i already hold some of it and i dont need any more of it to be honest, though i might do that after some time
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122
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: September 18, 2016, 09:44:01 PM
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I'd probably put half in Ardor then the rest in a few other alt coins and do some commodity trading.
i would definitely not just put it into crypto because most of the type they are going to fail so i would lose a lot of money |
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123
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Other / Off-topic / Re: Why do YOU know Bitcoin?
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on: September 17, 2016, 02:02:13 PM
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My friend told me about bitcoin and about this forum so I started to spend time here and tried to collect as much information possible related to bitcoin.
i got to know about bitcoins from my friend either, he told me that it is just perfect money so i started using it and i really liked it |
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124
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Bitcoin / Bitcoin Discussion / Re: actual number of people using Bitcoin?
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on: September 17, 2016, 02:01:14 PM
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It is a prediction that, to be accomplished with satisfactory results, would require a lot of research.
In my opinion, if the less active users are included, this number could be higher than four hundred thousand.
I think certainly bitcoin users would be more than 400k., even if you look at the total users in this forum alone is more than 600K users. certainly out there are more users well of course there are more bitcoin users than that right now, i think that in a few decades we might even see most of the people joiniing |
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125
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Bitcoin / Bitcoin Discussion / Re: what happens to Bitcoin if internet goes down?
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on: September 17, 2016, 02:00:45 PM
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If internet goes down, then btc could not work. As it is easy to see, internet is a key requirement for the network operation.
thats true because bitcoin is dependent on the internet and it is vital for it to get to internet connection if we want bitcoin to exist |
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126
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Other / Off-topic / Re: The First Thing You Bought?
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on: September 17, 2016, 02:00:11 PM
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i remember that the first thing i bought with bitcoins was my mobile phone as i bought the bitcoins and then used it in the shop online
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127
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Economy / Economics / Re: How to save money.
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on: September 17, 2016, 01:14:33 AM
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Saving money? Make saving bank account based on your country , If you want to save every time you get money from your parents or in your job make save at least 10-15 percent of your money it will helps you on how you are going to handle it. Saving money is like working too if you can work for money then you can save too for money. Very simple right?
Bank is not a good way to save money but it gives you a small interest. But its ok if your not after to grow it. You can buy some RTB's if you are serious enought to grow or other government issued bonds or treasury bills. Also, you can invest in mutual funds as it can minimized your losses on stocks. you are definitely right that banks are a terrible place to hold your money in, first of all there is a risk that bank will go bankrupt and you will lose your money, besides that they also make money out of your fiat and they still charge you huge fees, finally, fiat is really bad way to hold because of a huge inflation, thats why i choose to use bitcoins only and i hope that it will make me a lot of money in the future if i will be a good holder |
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128
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Economy / Economics / Re: Bitcoin worth to you or not...
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on: September 17, 2016, 01:11:28 AM
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In bitcoinI am able to earn a good amount every month so for me bitcoin is much better currency so it worth me much more.
what are you actually doing in order to make a living out of bitcoins? i mean a lot of experienced people dont manage to make any decent money so it would be cool to hear your wonderful ideas if you are not just lying about that. bitcoin is definitely worth for me a lot and i think that in the future it is going to make me decent money if i held it for a really long time, though if i needed a lot of money i would just sell it now most probably |
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129
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Economy / Service Discussion / Re: What trusted bitcoin investing sites plz
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on: September 17, 2016, 01:07:09 AM
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There's two way to win good money. One legal and other illegal. Let's talk about the first method:
1) You can buy Bitcoins in localbitcoins and then, sell it in some marketplaces that offer payments in installments (like 12x in credit card). This way you pay 5% of tax to website but you sell it with 13, 14% of profits. In many LATAM country BTC can be sold in Mercado Libre (affiliate of Ebay). So on Ebay you can sold it too. Digital or Paper Wallet.
2) You can sell things in darkweb (I'm not supporting that), but the risks are very high. Not because of police but because you can invest hundreds of dollar and stay with your money stucked.
Btw, there's always a right way and many usually (ecommerce of usual items like shirts, toys) of earn money.
thanks alot sir actually for now i start to think open bitcoin faucet website why would you ever do that? it is definitely not useful at all, it would take a lot of time only and you wouldnt be able to get any decent profit, thats why i never did that even though i was thinking to start my own faucet too, as for investment websites, i honestly doubt that there are any that are worth investing in because they can turn to a scam really easily and just steal your money, it is better to just hold your bitcoins in the cold storage and thats it |
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130
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Economy / Gambling discussion / Re: If you were rich, would you still gamble?
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on: September 13, 2016, 11:14:13 PM
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If I was rich I would gamble due to the fact you got plenty of money it would not be bad to sometimes do it for some nice enjoyment, of course not too much but sometimes.
I think if you do it sometimes it will not let you come in big problems.
so you would just waste your money yeah? well i guess that is a great plan if you have way too much money then you could just waste it all on gambling instead of doing something good with it such as donating if you really dont need it that much... i would definitely never gamble then because there would just be no reason to do that as i would already have a lot of money so i would just buy something cool and thats it or i would just buy some bitcoins as a future investment in order to make even more money over time, i think that might be the best option to do as you would not lose any money and it would be safer to hold it than in just an ordinary bank |
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131
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Economy / Gambling discussion / Re: Is gambling made for kids????
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on: September 13, 2016, 11:02:58 PM
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For whatever reason, kids should not be allowed to go into gambling because a kid must not have been able to work for money for him to be a able to blow it which metamorphose into bearing the burnt of the results of action taken... Kids dont have that the ability and so should be banned from participating my opinion...
of course young people shouldnt be allowed to be doing gambling because it is just a really bad thing for all the people not even talking about the children as it gets really addicted and you would lose a lot of money. Though it seems that a lot of gambling games are concentrated on young people, first of all on most of the websites you dont even have to confirm that you are over 18 and secondly there are usually really attractive designs so younger people get more into it and try to wager their money, i think no matter what is your age you should be avoiding gambling websites in order not to destroy your life and to not become broke in the future |
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133
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Other / Off-topic / Re: How to tell your Girlfirend about BitcoiN??
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on: September 13, 2016, 05:21:59 PM
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Girls understand the importance of money, telling her about a money-making venture is not a message that is too hard to pass across.
well yeah they surely understand the importance of the money but it does not mean that they will understand bitcoins for sure because it is kinda complex technology right now and i think that it needs a lot of knowledge if you actually want to understand it, i dont think that just telling them that it is money would help because bitcoins are not just money, it is far more, it is like a thing that is going to save all the humanity from the bad banking system that we have at the moment, thats why i always try to use as much bitcoins as possible and i tell people that they should use it as much as possible because it is going to be the money of the future that will allow you to make profit easily |
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135
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries?
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on: September 08, 2016, 12:53:08 PM
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bitcoin can help poor countries in collecting donations. because all what you need is an address and everyone from all over the world can send a donation in a matter of second. it also works fine in remittance because of the low fees comparing with WU
fees are lower with Western Union, but still high in countries that are very poor. some cents seem low to you, but this might be a days work in some poor country. thats true, but in my opinion bitcoin is still better and it is going to grow more in the near future though anything might happen |
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136
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Bitcoin / Bitcoin Discussion / Re: If Bitcoin moved above $10,000 USD per coin what would you do?
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on: September 08, 2016, 12:49:36 PM
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I'd be getting ready for sharper moves higher  If it will be happened in short time of period, than of course i feel i am lucky one, because in this time, i need more money, actually i want to built my home, but on the other hand, if we see the reality, than nothing is happening now, but after few years, the day will come may be in my retirement time. that would be just a temporary pump i guess and you wouldnt get anything good from that to be honest, though thats just my opinion |
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137
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Other / Off-topic / Re: Do you use multiple Bitcoin Wallets to store your Bitcoins?
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on: September 08, 2016, 12:48:09 PM
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I use two wallets fist wallet is online wallet ( bloctrail) and The second wallet is offline wallet (vanitygen), remember never put the eggs on one basket always becareful with your money.
Yeah right, I personally use three different wallet is blockchain.info, electrum, and Coinbase then split my bitcoin. to avoid unwanted things. and most importantly do not store large amounts of funds in just one wallet providers especially in the exchanger wallet. i use some different wallets also just because to have more safety if one wallet gets hacked or something like that |
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138
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Bitcoin / Bitcoin Discussion / Re: Don't store private keys on UBS Safe
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on: September 08, 2016, 12:47:17 PM
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Why would you want to store your private keys outside of your house? The point of bitcoin is to control your of money. Putting your private key in someone's else locker is a way to lose your money, just like storing your money in some exchange is.
i dont get it too, in my opinion there is just no need to do that to be honest i think that it is better to just buy a trezor to hold your money |
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139
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: September 07, 2016, 05:19:11 PM
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You dont need bank for nothing,you need a work,sure you must pay fees to government and they use bank,but well lets say with cash in hands you can pay anywhere.You can send money at same country to other person when the person has the same bank as yours,try to send to another bank into the same country,bitcoin as a fee that is pennies being a small or high transaction soo always bitcoin would win.
you usually need banks all the time and thats really bad as even though i use bitcoins i cannot avoid using banks too unforunately |
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140
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Other / Off-topic / Re: Why we must trust with bitcoin?
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on: September 07, 2016, 05:18:33 PM
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For me there is not too much trust in Bitcoin, its more a calculated investment. The price could change in an instant on bad news and exchanges or wallets can get hacked - definitely not something I would trust. But its also a potentially great way to accumulate money.
i trust bitcoins a lot right now to be honest, in my opinion it should bring me a lot of money in the future so i put my money into it now |
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