In a way, they seem to be similar. "Will this team win or not?" "Will this coin pump or not?" The teams in sportsbetting aren't a speculative thing. Sometimes it's obvious who will win and who will not just by looking at their past performances. On the other hand, it's purely speculative in trading. The past is not always the basis of trading. A coin can be pumping last night but it can also be dumping today, unlike for sports people that when you know they are good, then they are good.

Another thing, in sports betting, when you lose, then you lose all of your money. In trading, you can stop having more losses by selling earlier in the dump. Both the loss and gain in trading is varying depending on when you buy and when you sell.

They already are. Just take a look at the Local boards in this forum. Some of them are poor countries and they seem to be very active. I guess it's because you can actually get better amount of money from bitcoin instead of having a regular day job there.

I actually think that there are bitcoin users in every part of the world (except the ones that don't have an Internet connection) because there's always that guy that never goes out of his house. He basically reside on the Internet. I'm that guy but only during the vacation. Being on the Internet for too long exposes you to different internet stuffs. You'd eventually get bored of Facebook and IG so you'd start Googling stuffs and browsing random stuffs on reddit which might lead you here in the bitcoin world.

Is the past any different? School never taught us how to pay the tax, they never taught us how to apply on a job, how to answer in an interview. None of these real-life useful things. The school only teach us basic stuffs about science, math, and all those stuff. Basically they are teaching us how to be a knowledge worker. You have to be an expert at something to be qualified in a decent paying job. The rest of the things that you have to know about life, you have to figure them out outside school. Personally, I learned everything else by myself. I asked people around even though most of the time I look foolish since it seems that I don't know the basic stuffs in life.

Earning money online, or earning money in general is the same thing. You have to study first how to do it all by yourself. Well, you can get help from others too.

It's also possible that the bitcoin world gets crowded that chaos started to happen. Right now, the only ones in the bitcoin world are those that are tech savvy and are intelligent enough to understand all this. Soon enough, the uneducated ones will come in and there will be chaos like what's happening on everywhere they go. Some people only seek to destroy everything that they come across. If bitcoin becomes so popular, even this people will be here. Destroying and spamming stuffs around.

You were introduced to cryptocurrency and then quickly introduced to bitcoin. Why? It's because bitcoin is the leading crypto-coin. Its "power" (as you mean it) is only limited to the cryptocurrency world. Outside of it, on the other parts of economy? Bitcoin is nothing. Fiat is still leading.

Bump

Why people with stable jobs? Those people can barely afford to eat or get a decent apartment. I think you're just saying that because you know a couple of people that went to earning bitcoins full-time instead of looking for a regular job. The reason why they did that is probably because the payrate in their country is much lesser than what they can get from joining bounty campaigns in this forum or from trading.

But the rest of the people that have no stable jobs? They are out there. Grinding, doing all the things that it takes just to get some money. They would literally do anything just to have some money. They can't get a stable job because most of their jobs are labor stuffs (they get paid just as long as their contract).

People can always do an agreement with you but are they going to actually pay on time? Giving out loans can give you good profit but only if the people that got a loan from you pay you on time. Otherwise, you're going to have a hard time selling their collateral unless you chose very carefully. Choosing very carefully will make you end up waiting for a long time before you can ever give out a loan to someone. You'd probably be able to give out loan only to people that are already trusted in this place.

Those tv series are probably all related to tech like Mr. Robot, and Silicon Valley. The non tech savvy people would think that the term "bitcoin" is just a made-up term for that tv series and probably wouldn't bother to search about it. I wouldn't take tv series mentioning bitcoin as an advertisement at all since first of all, the people that are watching those probably already know about bitcoins. Otherwise, they would understand very few of the story.

Investors, traders, and merchants aren't the same people. They might not be related at all. There's a spectrum of investors and traders. I've once saw a seaman trading XEM on our chat room, there are also some single moms. None of them are a merchant or run a business on their own.

Honestly, there's very few people that sincerely believe in the coin that they are holding. Most people are just investing in altcoins because they want to earn more bitcoins. They are promoting the coin and saying that they "truly" believe on it but that's just so other people will buy the coin.

Altcoins are not following bitcoins at all since altcoins are introducing us to different gimmicks that a coin can do. Unfortunately, none of these really matter except for Lightning network which no coin has as of now. Altcoins have followed bitcoin's concept but that's just it. There's not much update going on in bitcoins so altcoins have nothing to follow.

One thing you should keep in mind, never trust anyone online. Even if it's a "trusted" company or a trusted online wallet, you should be vigilant on using them. Bitcoin is all about having control of your money so why would you use a third party website? I highly suggest that you use electrum wallet and create an offline wallet instead of trusting any of these online wallets.

Greenaddress is secure and has been around for quite a while (according to the recent comments) but that doesn't guarantee about them not running away. Any website can pretend that they got "hacked" and run away with everyone's funds.

Ehh? Is it Lauda's or anyone's fault that you're broke and can't afford a single btc? It is not. It's purely your fault. Even if you hide bitcoin's existence from the people around you and even if you choose to never speak about it again, people will find out about it eventually. Might not from you, because you chose to withhold information. We live in the information age, people will find out everything they want to know about anything.

You should be grateful that you've found the "gold mine" right now. And maybe "mine" some now.

And what's the basis of bitcoin getting replaced after 15-20 years? Fiat has been there for a long time and there are now currencies such as bitcoin that has much better mechanics and concept, yet here we are. Fiat is just as strong as before. People are still paying, buying, and accepting fiat. Some are even worshiping it.

Let's say that quantum computer goes out. They can simply change the algorithm of bitcoins into something that's quantum proof (read: post-quantum cryptography). And let's say that the one and only lightning network comes out, bitcoin can also adopt to that. It's actually pretty hard to make bitcoin obsolete since it can always adopt to what's new.

One saddening fact about humans is that we want to compare every single thing that has similarities. People compare singers just because they are both beautiful or white even when they sing two different genres. In reality, these two don't necessarily compete at all. They both grow on their own way. Just like flowers, they grow by their own. They don't kill the other plants and flowers near them, they simply bloom.

Bitcoin and altcoins is analogous to this. They both grow on their own. They don't compete at all, but people love to speculate. Bitcoin and altcoins are actually helping each other grow because when altcoins advertise, they are advertising the cryptocurrency as a whole. While bitcoins help altcoin grow because most people that know of bitcoins are inclined on reading some stuffs about other coins.

It's pretty obvious that most countries especially the major ones know about bitcoins. Japan, which is another big player, is accepting bitcoins as a legal payment method. Other countries ban bitcoin but they are banning any other foreign currencies as well because they don't want their nation to have all those. They are insecure about people not using their very own local currency. We don't have to worry about them at all because clearly we don't live in a country like that. Because otherwise, we wouldn't be posting here and risking going to jail just because of using a certain currency.

1. Tons of websites are already there. Unless you have a very unique but has a lot of audience kind of niche, you're not going to make fortune from making a website. Websites that have even just a single advertisement is kind of annoying to read. If you're going to make a website to earn money from ads, you'd probably put shit ton of them on your website which makes people back off from reading your website. Remember, there are tons of other websites out there with the same topic as yours, why would they settle over your website specifically.

2. Online shops are already in the past. People just buy from Amazon or eBay. Creating your own online store such as the ones you'd see on Facebook has a lot of competition (again) Just because you're accepting bitcoins, doesn't mean that people will come to you. You would have to compete with all the other online stores regardless if they accept bitcoin or not.

You said it yourself. Bitcoins can't do microtransactions. People that don't know much about bitcoin's technicalities will say that the fee is much more than the amount that they transferred. Which is true, btw. But in a larger scale, if they use bitcoin to transact a million dollars, the fee would be almost nothing to them. Maybe accept bitcoins for higher transactions instead. This way, you get to convert your fiat into bitcoins for free and with even some profit. You have yourself some btc to hold for a long time or maybe hold for short term and just sell when the price goes down.

You shouldn't feel bad at all unless you bought at a much higher price. If you continue to feel bad about selling your coins at a lower price than the current price, you'd forever be lonely. Why? Because bitcoin will always have a much higher price. Even today, the price today is nothing compared to what it would be in the far future assuming that nothing bad happens to bitcoin.

You thought that the price was good enough. You've made some profits, you're actually doing much better than most since much traders are experiencing losses.

That's simply gambling. Might as well just use a gambling site and see your luck instead of waiting for months before you ROI in a HYIP site. The admin will run away, that's guaranteed. Some would even run away before the first investors ever get their ROI. There are some HYIPs that are outright scam. They let you deposit money but never let you withdraw your earnings or have very high minimum cash out amount.

Just how little you know of this world if you think that HYIP is good enough and you only have to get out before the admin runs away? There are tons of investment types like going back to school, franchising a business, creating your own product, thinking of a business idea and then selling it, establishing your own business, making a youtube channel, etc. There's a spectrum of investment opportunities out there and investment sites are the worst ones.

Uhmm. Actually, it's almost like gambling. Have you tried trading anything? Once you bought a coin, you're basically just waiting for your fate if you're going to earn or not. Same as gambling, there's only two results in trading (and all other investment types), you either win or you lose.

Trading is not just exchanging a currency to another. You have to do it in a way that you'll earn money. Simply converting without any plan or without any effort on studying the market is purely a gamble since you're basically just converting and converting money with just random luck that it will yield profit when you converted.

It's because they are not obliged to help you. Consider yourself lucky if you know someone that use bitcoins even if they don't trade at all. Professional traders will not share information to you because trading is a zero-sum game. They will just tell you to buy a certain coin only if they want that coin to pump. If you hold the same coin as them and you have a decent investment for that, then it would be their loss if you were able to sell first before them when there's a pump.

Additionally, do you really think that they have the time to spoonfeed someone new? They wouldn't exert much effort to talk or help someone unless there's money involved. Of course there are some exceptions but mostly are like these.