If we wait for the perfect solution it will take too much time. For now the solutions are palliative, but work for sometime anyway. People who deal with Bitcoins know its currently limitations, people are aware about it and if they still want to use the digital currency, go on...
With the way of purse.io still amazon purchases is possible with the bitcoin. There is many options available in online to use the bitcoin to recharge mobiles, air tickets and purse provides the payment options. Last month announcement from the Amazon team that making bitcoin to use in their site. Will take more opportunities to the re-sellers who doing selling for amazon. True. Purse has integrated this into their system for a while now and it has been effective. However, we have to understand that we cannot compare purse users to amazon users. We are talking about the big market here that would create even much more awareness for the use of digital currency. I totally understand the OP's plight here but I feel if some of these things don't happen now, at one point they will still happen and maybe that should start propelling the devs to really do more. |
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What I look for is those latest limited items that i can't find on other website.
Having an open bazaar with some rare products would just be extremely fun. You do not have to sell everything in there and this would even make it more interesting. I will also love to buy some rare stuffs that I can hardly get anywhere else, which to me would sound more like a good bargain or probably some hard to see powerful gadgets that would speak value for the cash. |
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i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I trust a coin if it has active developers, with quick response to members. And then I also read their platform of why they made new coins. I also look at the Announcement thread when their product is popular. The reason why some people have been a victim of scams so far is because they have failed to do most of these things you have mentioned. Some just go through the ICOs, look at some with very good graphics and chances of people liking them and then they just invest in the project. The team that you are leaving your funds in their hands is the first on the list to find more about as they are the ones you are trusting to leave your funds with as anyone can just come up with a good whitepaper and graphics. |
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I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
invest a lot of capital and good at reading up and down market prices. Besides what you have said here, I think learning make you a better trader rather investing big amount. You have two options when you find any results of your trading. Either you win or you lose. So in case of loss, you must need to learn what the mistakes that produce this bad results are. Ignore that mistakes next time and earn better. Learn and teach, better trader you would be. It obviously does. Trading is a profession and except for those who want to see it otherwise or as gambling, then I bet they just have to keep depending on their luck when they are buying low and selling high like some people have been saying. Every profession requires learning and no one was born a Doctor, Lawyer, Engineer etc. They learned and became good at it and with experience they even became better. Trading is not different and which is why a lot of people have failed when it comes to trading. |
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My Only Advice. Buy Bitcoin.
Short and straight to the point advise! Except that you did not add NOW! I remember few days ago when I wanted to buy bitcoin with fiat and was still at $5800 and I was waiting for the value to come down instead of buying, still happy I ended up making the decision to buy at $6500 though. The thing is just buy at that point as it is just the good point and the best you can get at that moment. |
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
If you compared your profit between bitcoin and of a drug dealer, in the long run, I think bitcoin may have a higher chance but let's say for example that you started in both at the same time, for sure that you will have a higher gain when you do drug dealing compared to bitcoin because your profit in it mainly depends on the price of bitcoin at that time and we all know that it is not stable compared to drug dealing which has a fixed value. Why would any one in his right senses be looking for opportunities in drug dealing while there are better business opportunities such as bitcoin? If you are into drug dealing, I don’t think you value your life, no matter what, one day you will surely get busted, unless you’re lucky, and happened to change tomorrow. Bitcoin is more safe, though some people consider it as an illegal stuff. Bitcoin can earn you a lot of money and also help you live a normal life with peace of mind. So Bitcoin is the best overall. Most drug dealers really do not care about life or those they are affecting, as they are always after their pockets. However, there are some licensed drug dealers / weapon dealers, bro and they make a lot of money except that you need some connections to be able to even hit something like that. Still, there are so many business opportunities like you said that can fetch you a lot of money and even for someone who decided to put half of what he could have put into real estate into bitcoin maybe in 2010 should be loaded hugely now. |
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That is one hypocrite of a shit man I have ever seen. I am not surprised, as this is what most of these guys have always been doing. They are so corrupt, so manipulative and all they can think of is how to enrich themselves at the detriment of the masses. The same dude who condemned bitcoin openly went ahead to do some xbt transaction for his client. What can one say about someone like that in the first place ?
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i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
yes i search if the developer is good to handle their coins and they continue to expand their coins like xrb and eth.Try to search this two coins they continue to grow like bitcoin i think in no time this two will be good as bitcoin.You can read the community of the xrb coins and they have goid developer In my opinion, there is no point of trusting some new coin. You actually need to wait for some good period of time before investing into some newly introduced coin. It is because of the reason that you never know how that newly introduced coin will behave in the future. So till the time you are not sure about this thing that investing in that coin will help you earn some good amount of profit, do not invest in it. Most people always prefer to thread this part than trying to invest in a coin with not much of a known team. Definitely, there are some ICOs I have invested in before and this is as a result of the team and I have never regretted it but even if a project sounds nice, the question is, do they have a good team to pull it off and make something good out of it ? If I cannot trust that, then I will rather wait to see the development of the coin in a long while before I deep my hands into it. |
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Hello Friends...
This is Newbie Here. I Just want to invest in Digital Currency. Anyone suggest me which is the best platform for long-term investment? How can I Invest Online?
i will choose both of it if you want to just hold for long term then you can have it both then always check the price if you think its enough for you i still accumulating BTC and eth and some altcoin . It totally depends on each individual anyway but both of these coins have a great chance of increasing and how huge they are going to increase is what is unknown for now. Bitcoin on the other hand though, have more chances of doing so looking at the trends. And there is no way ETH too will be stagnant, but I will rather put more in BTC than in Ethereum. |
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it's never too late to invest in bitcoin.
Totally agree with you!! Buy today and profit X days/months/years later  Yeah, there is no point waiting for too long. At some point, whether there is a correction lower than the value you bought, which to me is even a chance to buy more, or there is a balance at that moment, one way or the other, the value of bitcoin is still going to go back up and I see no reason why one should not be more relaxed to buy at any time they want. A little positive news from any of the top players right now would create a huge bull run and it would be hard to know when to get in at that moment. |
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We all can lose in gambling and lose our money but shall we stop or try to win back what we lost ?
I think acting rashly is not the way to go. With losing it is also a time for reflection and a time to evaluate and assess the situation. We can also note that gambling is something that takes and takes koney from us and we have to ask ourselves if we are willing to do that In fact, gambling does not even need any situation assessment. It is a two way thing. It is either we lose or we win and the best is to accept our fate once we have lost. I sat down one day and decided to take record of the amount I have lost and I realized that I have lost so much than I have won and that is one crazy thing. Except one is just lucky once to win a huge amount from Jackpot, gambling is really not a thing we should expect to give us more than we lose. |
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I gamble most of the time when I am alone.
I think you should learn some other activities to spend your time instead of going to gambling every time when you're alone. I gamble only when I get bored and only sometimes not every time I get bored go to gambling. If you continue gambling like that soon or later you may addict to these games and later it will become a big issue for you so try to minimize your gambling activity and pick up other activities more. In fact, there are so many other activities to kill boredom than gambling. Sure, gambling can be a lot of fun if you see it as fun but no one likes losing and that is the plain truth. Seeing it as fun can only one accept that fact but to try to kill boredom with gambling is like trying to clean your eyes from dirt with pepper. It will be more like adding sadness to one's boredom. |
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If were to hit the jackpot of 200 bitcoin i would firstly buy my own house and lot and a really nice car.
All bitcoin that is left from the jackpot will be kept for future use, 200 bitcoin is a lot of money and i dont want to spend it on some nonsense thing.
Jackpot of 200 BTC, oh such a huge amount of money. I think I can fulfill all my dreams and wishes from such a big amount of money. I think I will be the luckiest person if I will win the 200$ jackpot. I can always expect to win a 200$ jackpot, because I can consider myself as lucky person, but tell I only succeeded in winning small amount of money from gambling. 200 BTC is enough to start something huge for oneself and never go broke again for life. That depends on how smart the individual is anyway because there are so many people who instead of making good use of the opportunity they have, they always end up blowing it. That is a huge luck and the first thing I will do is to invest most of it offline to know that cash would just keep rolling in and then put the rest into my savings wallet. |
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Hello Everyone, I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated. Thank you Going all in would be the first mistake any investor would make and you should have at least some little amount down as an extra savings in case the unspeakable happens. Sure, mining is something you can really go into which can help you earn something good, but you have to consider the cost of electricity in your country as well to know if it is going to be feasible or not. |
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Hello
I'm totally new to bitcoin.
What needs to be done if i want to accept micro bitcoin for services that i offer? What type of set up i need to do?
Thanks
Steve
I heard some accepts newbies for faucets, you can gain small amount of coins by doing it. Just research how to do faucets coz I never tried it before, but it really gives you satoshi. Or you can level up your rank in this community by posting constructive comments, you can share your thoughts, your idea, and interest about bitcoin. Now, if you reach Jr. Member or Member, you can join bounty campaign, theres a good chance that youll get coins with good value. Then when you reach Full Member rank you can join BTC campaign, this will give you decent amount of BTC. You can research on how to apply on campaigns. I hope I helped you a little about your concern. I really do not see anything there about faucets that are needed to research about. There is also nothing about faucets that requires you being a newbie or pro, as long as you have an account with the faucet site. All the above, you should know being a member on this forum by now that faucets are just a waste of time and there are quality things you can do to earn money than faucets. I would even rather go look for an offline job even if it requires me to go dirty, earn something good, and buy bitcoin than waste time and resources all day clicking on faucets and making 50 cents. |
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I have been asking myself beforehand how do I discovered bitcoin investments now than any other currencies available since my birth. It is because cryptocurrency is for the masses and not for oligarchs that Is dominating the entire stock market for they’re greediness. It’s a reality that we won’t never understood until now if Blockchain technology destroyed that perception that investing is for the riches and the kings.
It is the ultimate opposite to gold and fiat and the opportunity it bring to ordinary person is higher.
Right. Cryptocurrency will always be for everyone and the fact that some people who have always controlled fiats cannot really have much of a place in the crypto ecosystem makes it more interesting. Yet, it still all balls down to those who are able to adopt it very early as whether we like it or not, most of these rich dudes are already catching the scopes and trying to invest as much as they can but the good thing is that, decentralization is what gives it so much sense at the end. |
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global disaster mean this is happened to almost all of the countries in the world and i think yes possibly it will decrease the value of cryptocurrency because when global disaster happened most of people only concern how to save their own life without care for their wealth and if it is so then bitcoin will being worthless and lack of interest also the damage effect is there's no internet connections which being the main thing to use bitcoin
Global disaster would eventually lead to a decrease in the value of bitcoins. This is because the value is entirely dependent upon the rate of investment and buying and selling of shares in the international market in terms of cryptocurrency. And if there would be some kind of war between the countries or the whole world afflicted with the Btcs then obviously the market would crash leading to a decrease in the value of this digital asset. I am really trying to see how that would really play out. Let us not forget this is not a centralized currency and that means we are talking about a huge war here that affects everyone globally. It is normal in scenarios like this that people will want to cash out to be able to at least have food to eat, knowing that your currency in your wallet will be worthless if you cannot even see food to buy during a situation like this. Still, I am trying to see how there can really be a global disaster that would really warrant to something like that and everywhere worldwide would be totally affected ? That would be like Armageddon. If it has to do with just some few places, then I doubt if it can affect the value of bitcoin. |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
Well I don't think so because bitcoin's volatility is here ever since and it is one of the major reasons why many people became attracted with bitcoin. Also we should remember that bitcoin is decentralized so its value is not really constant. There are a lot of things occuring in the market everyday and we should be informed and aware with that so that we won't miss a thing and we would have an idea about the pumps and dumps. It is even one of the reasons traders from the forex market has decided to start having a taste of the crypto market. For now, we will still keep seeing high level of volatility and there is no doubt as there is still so much uncertainty surrounding bitcoin but this would change in the long run and by then the high up and down spikes would reduce. Bitcoin remains decentralized and no one except we the users have the power to the value, so controlling the volatility is just something that would never happen except for little manipulation from whales since they have a lot to invest, but that would be at trading level. |
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http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/According to this article the Philippines’ Bangko Sentral Recognizes Bitcoin as Payment System. The article also added that Bangko Sentral states sees the virtual currency’s potential to revolutionize the delivery of financial services. Additionally, they also mention how bitcoin provides financial inclusion, which is something traditional financial solutions have been unable to provide. This statements coming from the Central Banks of the Philippines will give a potential impact on the rise of bitcoins value on the market. And not only that, the Philippine Central Bank is not the only bank that sees the merits of bitcoin but also the the Central Bank of Nigeria. This is an honor for me because I am from the Philippines as well. Certainly big changes will be realized and many Filipinos will lose their poverty and become financially independent. Finally freedom is ours to enjoy. In every country there are poor who are suffering from the poverty and i don't think that if bitcoin is being accepted in a country then it will make the country free from the poverty because that is not possible and with bitcoin it will only give opportunities for the limited people because not all the people will surely become interested in bitcoin so i don't see any possibility for any country to become free from most common problem which is poverty. At the end, it all balls down to who has the information, those who utilized the information to their benefit and those who decided to discard it. The thing is that not everyone can actually be imparted by the presence of bitcoin and the rich obviously have more advantage than the poor as they have enough resources to pull in anytime they want and reap the benefit. Aside these, stages like this is the best, for the poor ones who have the information and are willing to make good use of it which still balls down to the learned and informed ones. |
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meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night. according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin. it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full. Knowing the psychology behind Bitcoin and the crashes it experienced before, this is just coming soon. Bitcoin is here to stay and as for BitcoinCash it can keep on trying as the next alternative maybe kicking Ethereum to the third spot soon (though Vitalik may put up a good fight so beware). This is the best time buy Bitcoin and start dumping BitcoinCash for profits. Kicking ETH spot is even not going to be at all easy. BCH is obviously coming back down hugely and there is nothing Jihan and co can do about it. Their stunts won't last and rather than trying to manipulate the market, which obviously won't help and unfortunately just some set of few people will end up getting burnt in the process from their manipulations, it is best they just stick to developing what they have and see how it goes. |
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