I am also thinking of starting mining altcoins and recently ordered an antminer d3, but it will took a few months to arrive. I have paid out plans on what would I do with the mined coins and the decision I made was that I will save all the coins and just sell the coins enough to pay the electricity bill of the house and save the remaining coins for future price increase, which will happen for sure. But the only thing I don't know right now is that after how many months the miner would stop working as the profitability solely depends on this factor, if miner dies in the first month then how come I would break even.
This is actually a good way since we may not really predict the future of some of these altcoins. So most times, what I do too is to convert most of it to bitcoin and keep a little bit of it just in case the altcoin amounts to something later on. However, the best way and safest is to just keep bitcoin on the reserve and spend some if you can. |
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Don't be always confident with that certain campaigns to be a steady income for you, because it was just only temporary. The best ways for us to treasure that money that we've got from those micro jobs online is, you should use that amount of money to establish a business that will generate passive income. Because of that amount you will be having the great opportunity to grow with your financials to become steady income. Always reinvest a part of your income.
While you are earning take time to realize and save for your investment, always be positive when it comes to the success of bitcoin because our future relies in here. Minimize the expenses and maximize the savings so we can invest and secure our future. Minimize spending and maximize savings! I like that!! Honestly, since my quest for bitcoin started, I have learnt to save more than spend. I now have a certain amount I usually keep untouched knowing that it is a savings for the future. How cool it is knowing there is more good reasons to save everyday for a better future. |
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Yes, it doesn't just have a future but it is exactly the future. We are making small steps right now towards its bright future and many people still don't know about it but we will just wake up one day that we are finally there.
The day where all people are using btc and fiat is out of the system.
That is true and I still have those great hopes too. Bitcoin is not just the future, but the innovative technology of blockchain is the real future. We cannot really know how things will change in the future, whether bitcoin will remain the usual first on the list currency or will just remain an asset while we use another digital currency for normal transactions, we can't say but one thing I know is that it has changed the way transactions are done and will even make it better as time goes on. |
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NEO is of course a good buy like you have said and I am very sure the Chinese have huge plans for it. Recently, I read somewhere.
I guess on this thread on how they had such power to the point that they were able to pull some strings to influence the banning of ICOs by the Chinese government. I really do not know how true that is, but recently there was a very huge pump and I so much suspect something fishy.
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According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower, but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+ http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/Analyst contribution is welcomed. Well, it is still a speculation for now and speculations like this will even make the price to pullback even more as people will quickly want to dump hoping they can buy back at probably $3500. I do not see that happening anyway and I so much believe like someone rightly said that a lot of people will want to hold so they can have the other side of the forked chain once it occurs. I think it is better we hope for the best. |
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Well when you know the price is doing to drop and it's time for dump, you have to make an assumption. You will sell when you get a very less or no loss and invest in something else. Cause no one likes losses or has patience to wait for the prices to go up again when all coins is of concern. But in bitcoin, you know that the price is going to go back up again and that's when you realize that it would be better to reinvest. This is how experienced and smart people basically react in short.
I believe the act of panicking fades off over time. It is so easy to say one should not panic but every pro trader today has been there once and we can never rule that out. It is how we come back once the panic level subsides knowing the act will not solve anything except to plan for a huge comeback and do it right. Even in our daily lives, situations like this may occur and we only just have to deal with it. |
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Bitcoin is the identical as a drug, when a bitcoin person makes use of it properly, then bitcoin will continue to be good. Likewise when used in damaging, bitcoin will be bad. This kind of as cash laundering, payment of criminal offense services and a lot of other point
Wherever there is money there will always be evil following it. As we see bitcoin and its progress, surely there will be many people who are jealous of it and many corrupt people will try and shut it down illegally. Plus hackers these days are so advanced that they will try and hunt down bitcoin. We need to be careful about it. the current price of bitcoin and its promising increase in the near future actually lures both good and bad holders of bitcoin. There will always, and we cannot get away with it, people that will transact illegal transactions using bitcoin just like using fiat money. Nothing is good or bad but it is we who makes either positive or negative use of anything which is available to us. Same is the case if we talk about Bitcoin and other crypto currencies. There are likely chances for this thing to happen in the near future but I am very much sure that such a bad news will never be heard by anyone of us even in the future. If there would be no humans, there won't be bad deeds so it is us, humans, who have polluted this world. Bitcoin is just a digital asset which is very precious. Humans have misused everything and destroyed the peace of the world. We cannot blame any other thing for our deeds. That will be so coward. It is law of nature. We reap what we sow. |
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I'm not sure that gambling can give us a financial advantage. Gambling is a very risky game and I am sure that gambling is a game that only relies on luck. So not exactly if gambling made a profitable activity. There are many other useful and doable ways. We must have improvisation and have the mindset that gambling is not the best way to earn money.
I have a little different opinion. I don't see gambling giving any financial advantage and have never seen anyone in my life who has really become a millionaire by playing this game. It is just a fun game and must be played for the sake of entertainment. All those who try to make money by placing bets either become an addict or a poor. Both don't sound very good to me. |
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Yes, gambling have taught me quiet a few lessons in my life the biggest lesson that it taught me is about money management, it is the first thing I believe that a gambler should learn as if not learnt then he will surely learn it by loosing all of his money a few times, and the same happened to me too but only once. The second thing I learnt by gambling is taking risks and risk management that how to minimize the damage caused if we take a risk and loose by our decision,. The final thing gambling taught me is that luck can last anytime, you can be a bitcoin up and if luck runs out then you can be struck in losing streaks in the next minute.
My opinion is no different than yours. Gambling can give very useful lessons. The foremost one is how to get a control over one's greed. A gambler becomes greedy with every winning and it can be really harmful because it increases his rate of activity. It also tells us how to control stress and bear failure. Though it is not very exciting to lose but we cannot run from it forever. Failures make us strong. |
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I doubt if there is anybody who will admit that he is a problematic gambler who is in debt as a result of that. If we have such individual then the is need for therapy because its obvious he has not stopped to be here. I gamble as well but not to the point of using someone else's resources for that purpose and even my own money, there is a limit that I can go to gamble with it. When that is known before hand, problem and troubles will be avoided.
I have seen people confessing their difficulties on this forum. If you will open some previous pages, you will definitely found some stories. There are people who have come to the verge of committing suicide because they have no money and above that they have to pay debts. Without any income source, the only way they see out of all problems is to kill the relation between their bodies and souls |
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I wonder if bitcoin and other digital currencies are actually worth this much or if we are just in an insane half a year bubble? I think the answer is the technology is worth more than gold or traditional currencies because the processing speed is ~10 minutes or less. Modern technology always has the advantage then classical. But maybe not as much as its currently valued.With these features: Decentralised, limited supply, borderless, low fee, censorship resistant, secure, trustless, pseudonym, portable, scalable, programmable, irreversible transactions, impossible to counterfeit. I will chose holding btc.
The technology and the values it brings like you said is the main thing we are really buying into right now. This is how it should normally be until some set and caliber of people came to centralize the whole thing so as to just keep some as slaves to their screwed up fiat but bitcoin came to liberate us all and I would not prefer it more than gold. Let the gold asset manager that spewed rubbish recently keep his gold to himself. |
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what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,
Please do check the price movement in the last few years. Check all the ups and the downs and you will see that it's quite regular and expected behavior. So don't worry. And by all means don't sell cheaper than you have bought. Even if it means further waiting. People really need to start understanding that this trend is normal and the less they panic, the lesser the volatility reduces. Normally, some whales who love to control the market usually get to work hoping to get some profit just like any other normal trader, rather than panicking, it is best to even take advantage of those moments to one's advantage or just HODL and smile knowing there are greater days ahead. |
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I am convinced that bitcoin in 2018 will grow drastically as many countries begin to recognize it. people will automatically start participating rapidly in running a project that provides a very large allocation fund.
I agree with you on that Bitcoin will grow in the future, but probably not so fast. As we can see the process of Bitcoin's adoption goes slowly, but, thanks goodness, steadily. No doubt that retailers will start accepting BTC more and more in the future, but for now most of them are reluctant to do it. That is for sure, retailers will accept bitcoin because they are now seeing that the people in some developing countries are getting into bitcoin and if they will not go with the flow of the accepted currencies then it is a loss for them since they will not attract new customers so as soon as possible they are slowly changing their concept to adopt the new technologies. More retailers will accept bitcoin when its price will eventually settle down. Moreover, Bitcoin is a limited amount of coins and the demand for them increases by each passing day. It's more popular in the future and all will select it as payment. Before we can start experiencing any serious settling in price now will still take a while. There will be a whole lot of development over the years most definitely but will definitely not come with its own challenges which I believe we will always overcome like we have always been in the past. The demand like you said will increase hugely in the next few years and there will be much more acceptance globally. |
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Offline wallets are perfect in terms of security and are also a best option to store your coins for a long term. If you really posses a high amount of coins and you are storing them for your future than you can always use a offline wallet as it will keep you away from hackers and is the safest.
But if you are a vendor or a buyer and your transactions are in bitcoins than surely you need to use a online wallet as offline wallet will not be available everywhere hence it won't be preferable.
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Bitcoin has not yet been recognized in our country. But currently, the subject of information and technology has been included in the textbook. Information and technology education has been compulsory in all education institute. There is no longer much of the time that Bitcoin will take a place in the lesson.
In my region, bitcoin is a famous currency among each technology friendly person but it is not taught anywhere. Teaching bitcoins in college may be a good view about increasing bitcoin knowledge among the young people's and even they can make their college life more stable and can financially be more stable by using bitcoins. Bitcoins have many advantages and also man people's use bitcoins for some huge profits. College students are too involved in it. We can see a good number of students in the bitcoin field to earn a good amount of money and would save some money which they get from their homes. |
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Never say never. But it's hard to tell. Any new law or information about bitcoin can just cause the price to rise or fall.
Yes, it depends a lot on any new law and enforcement on bitcoins. Even the future for bitcoin was dark in the past but now we can hope good for bitcoin. Even Russia has now declared bitcoins as legal giving it a pump again. Bitcoins have given us huge profits and will still continue to give but if any harsh laws are implied on bitcoins then bitcoin can again fall and perhaps can fall permanently. Trusting bitcoins is good at least for now until we hear any bad news about them. |
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The arguments for and against Bitcoin haven't changed in the four years I've been watching it. The price has gone up a tremendous amount, especially relative to fiat currencies, stocks, gold etc. But it still isn't mainstream yet!.
So many people still don't know anything about Bitcoin or other cryptocurrencies. As Bitcoin slowly gains mass acceptance, the price will continue to rise. Even with all the hundreds of other coins, Bitcoin is still the standard. Everything is compared to and priced in Bitcoin.
That doesn't mean it will always be that way, but for now, stay involved in Bitcoin and cryptos. Invest only what you can afford to lose and you'll never go broke. As blockchain technology replaces the old financial world, you'll be prepared for the new one. And you'll already be invested in it.
Yes, digital currencies are not mainstream currency yet but it is slowly making progress. Bitcoin now have at least 10 times more users than it had in past. Same stands true for altcoins. Their users have also increased. Bitcoin is the best choice at present for making investment and it will never ever give its holder any loss as far as the owner trusts this coin. It is a good source of income. |
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After I won 0.17 BTC in a poker tournament this summer, which was the biggest win my life btw, I spent half of it on taking my wife to different nice restaurants. It was a great time. I have never won nothing even close to that amount, neither before nor after, because in a tournament like that there's a huge buy-in and I don't do that, I don't play with money I can't afford to lose. The ticket was given me for free, that's why I had that opportunity.
It's nice to see our fellow gamblers can buy something in real life using the winning money, i hope i can do that someday. Because i never can buy that in real life, i always greedy when it comes into gambling even when i win, i will gamble more to get more winnings. If you consider gambling as an income source and want to earn through gambling then I will suggest you dropping the idea. It is also not a wise act to become a greedy person. It actually increases the chances of becoming a poor. Gambling is so random and non reliable. Very well said.I dont know why some people do suggest gambling knowing that this thing is really dangerous because we do know this game will potentially lose up your money.In those times we do won on it then better to secure it already rather than on deciding to play it again on gambling site.For sure those winnings would really be lose up again or take it back to the house for sure.Dont let your greed control you. If a person is suggesting you gambling, never ever talk to that guy again. He is pushing you to hell. Gambling is not a good activity. If someone loves his health and wealth, he must stay away million miles away from this. Still, if someone is determined to play this game, he must not get greedy and play with a very limited amount. This way he will just waste a little time at most. |
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Both are a bit risky. After all, in both cases there is a chance to lose everything you have. But investing is a more reliable way to multiply your money. Personally, I prefer investing. Despite the fact that it is a slower process.
Why investment is risky, there are many places in bitcoin which gives decent profit without any trouble like mining, trading and ICO offerings. If you have enough fund you can choose the investment option which is perfect for you. In gambling we cannot expect the return at all. If you are completely fortunate you can get the amount in game but again you play means you will have to face lose for sure in gambling. Gambling cannot save us from financial crisis. It actually produces such situations. It is a game which people use to not play for the sake of fun but to earn money. This is the reason why it has destroyed many lives. Investment is definitely a lot better than gambling because it has no risk as far as the investor is spending money at right place and has a good level of patience. |
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I don't visit regularly; I have visited a land based casino twice in Goa. It was one of the top Casino of Goa and my overall experience was good. I did enjoyed my time there but I did not won anything and I loose all of my tokens within a hour, it was a fun.
But by chance it is not happened in my life. I have seen many casinos in my city, but i have no dare to go in casino. I know i also will be lost my money in it, if i will go there, but it is not my fear. Actually my fear is, i never seen a good reputation about casinos, that's why i avoid to go there, and i feel comfort to play in online gambling sites, then i ask to myself then why i go to land based casino? Going to casino is not a cool thing that if someone didn't do it in his whole life means that he is dumb or lacks anything rather it is the opposite way. Those people who stay out of such places are really smart and lucky ones. Gambling is not respected by anyone. Honestly, we cannot brag about it in front of anyone even if we have a "good career" in it. Like you said, casinos have a bad image. |
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