My plan is very simple. I just buy and hold the bitcoin. I bought some in early 2013. I also bought some in July last year.
Yes it was nice. But you have to try many methods exist to obtain bitcoin because it is very easy method. Awesome if you buy bitcoin in 2013 and has not been sold until now? usually people can not hold bitcoin too long? they will sell when the pump in the day. only a few people who can be patient for many years. I'm not the type of person that patient. so I was very disappointed when my 5 bitcoin sell at a price of $497 some day ago  I actually happen to still hold several coins that I bought in very early 2013 at $20-$25 stored in my cold wallets. You just need to have a strong mind and to not get tempted to sell if the price goes up. If you can do that, then you can basically keep holding for many more years. Yes essence continues to collect bitcoin with hard work will surely be able to collect a lot of bitcoin and become rich. There are many methods that can give us a lot of bitcoin. Whatever method it if we are not lazy, we shall be able to collect. |
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I don't have a plan to get rich with btc. I don.'t think that the btc price will rise so much, it could also rapidly fall down, so it us very risky.
Don't be pessimistic dude, the fluctuation price of bitcoin is change significantly every hour's you can use that condition to get profit, although only small amount but it's better than just wait the price rise in the long time. Absolutely it was a very reasonable price fluctuations occur. I believe I can get a lot of advantages in bitcoin in many ways. Continues to collect do not ignore the price. |
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I think it is just easy on how can you teach someone about bitcoin.First step is showing him how do bitcoin works by chatting or mailing it to him,or if you cant explain it send him some video online which shows about bitcoins history and features.You can also teach him personally.But the best way to teach others is sending presentations to them and let them understand it.
I also thought about the video, we can just send them a simply video with the whole explaining about the bitcoin and how its working. Yes but it must be explained through a very detailed video. Maybe I prefer communicating directly to someone about bitcoin. Because that would be made quickly understand and understand can ask directly. |
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I think that PayPal should accept bitcoins to be honest, I think both would have to win with this "merge". Not only we could get paid via paypal using it, but we could also make the conversion to another currencies easily via paypal.
I think bitcoin and paypal will not be able to join because both are very different. If you want to combine both of them have to do a lot of changes and it could affect the continuity. |
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I did not believe it before, but now it is possible. Even 1000$ can happen this year.
same with me mate I thought 500 would be the best one but seeing the way its move right now might be double my prediction i think hitting 800 now can be achieve and closer to 1k $ oh i hope i can still manage to keep holding what i have right now. I believe bitcoin certainly true figure will reach $ 800 this year if the increase is like now. But if it does not happen I'm sure will be achieved next year as the price of bitcoin will surely continue to rise. |
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both of them.
I also use them. there is no problem in the use of both as long as you still need fiat. then the bank will be required as well. they both have their respective interests Sure.if you need to exchange your bitcoin to the real currency you will need a bank and otherwise If you want to invest your real money and save them you will need a bitcoin wallet .Both of them have different usefulness. Absolutely we do need both. We need bitcoin wallets to save money we got and we need the bank to exchange for currency. We need both to make a profit. |
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What i like best in bitcoin is the price for each bitcoin and and you can earn bitcoin freely, not like other digital currencies, you only can buy it with your money, can't earn it freely.
Yes true in bitcoin we could get free money and a lot of ways to get it. Prices were always improving also one of the things that I like in bitcoin. |
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OP have a good plan for being rich with bitcoin,and yes i Sa'id with 100BTC ia enough for It,even bitcoin price not touch $5k per bitcoin,i think i Will being richman in my country if i have 100BTC for now,so my plan almost same,hold 100btc for waiting price increase at least Up to $1000 per bitcoin  Yes 100BTC can make us have a lot of money. I believe it certainly can be found, but it takes time and remain patient. If we could have 100BTC we could have what we wanted especially now that bitcoin prices are very good and improving. |
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Many different ways, you just need to choose one of them: youtube guides, books, your firend experience, your own experience, also you can google your questions or use this forum.
The best teaching material would be the youtube videos, just show your friend that wants to learn about bitcoin the youtube sample videos about learning bitcoin and if that is still not enough for giving him knowledge about it. Then share out your self experience and tell him what you like about bitcoin and bring him to this forum. I also tried youtube and its good. I think people would depend on what they want most. Posting or investing or miners. If you are good or you want to improve english then posting is one way to earn while learning. Investing would be from keen observation to know where to invest. Miners i think are people who are experts in computers adeptly. But if you versatile then you can use all tactics and other tactics i did not mention to earn more btc. That's good to know that someone has been taught by youtube videos and it helped. I admire those miners, they are really playing a good role in the market and if your friend who you are teaching wants to be a miner, well that's good to have a friend miner of yours  Yes it might be done by looking at youtube, but I prefer to teach or to say directly to him about bitcoin. Due to the direct interaction will make them easier to understand. |
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If nothing supernature will happen, bitcoin is gonna be fine, price will increase every year and new people will come. Good future for bitcoin is already defined
I agree with it. Bitcoin is already defined to increase its value and nothings gonna stop it from doubling its price. The only things is Lets just pray that bitcoin will not collapse from its block or else altcoins like doge etherium litecoin will increase its value and replace the bitcoin its self. Etherium has halving on 2019. Yes if bitcoin developed and many people approaching bitcoin I think will not be destroyed and will have a good future. But I believe bitcoin will continue to grow and will continue to exist. We need some consensus in the bitcoin society to develop the bitcoin further. For example we need to increase the block size soon. Yes very true to add the user very necessary for the future of bitcoin. Because more and more people using bitcoin, and bitcoin adopt more and more people would have the better future of bitcoin. |
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teach them the basic of bitcoin and most important is not to get them confused
That's right, if you explain clearly to them, surely I'm sure they will not be confused and will understand quickly. Tell correctly and answer all the questions he asked. |
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I think in many ways, so many video tutorials on youtube, different books, your friends experience and maybe even your own experience. If you want to learn someting i will find your way.
Right you are learning to understand bitcoin can be from anywhere. But I think it would be better if the learning directly in people who are already using bitcoin in advance. It will enable a person to understand and can be understood directly. |
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now we do not have to ask that "Can bitcoin rise up to 800$ this year ?" but have to ask that "Can bitcoin rise up to 800$ this month ?"
As now the price of bitcoin is increasing with fastest speed and crosses $50s in days.
True if the price increases often occur long I believe bitcoin could play $ 800 this year. But we are not in bitcoin prices rise and fall in the future. |
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i dont see why not we did break 500 so in matter of speak 800 will be achieved this year for sure
Yes but I think bitcoin development requires a process that could not be immediately reached $ 800. Perhaps if this year can not be reached will be fulfilled next year. by end of this year we can achieve 800 maybe it will be next stable price no one knows that or we can come to this price in next year that's also something we cannot know main is we will go up when will stop and on what price we can only speculate Bitcoin will even crossed the 900$ when halving started.. and can go up a little by the end of the year. But when bitcoin goes down,,the stable price is 700$..so all of us will be happy for two straight years i hope this never happens! i only hope to see an stable rise which is slow but it also means there will be no going back. like right now there is no going back to $400 or bleow. Yes hopefully bitcoin future circumstances so well that there is no decline derastis. I believe bitcoin prices would go up albeit slowly but surely. Perhaps the price of $ 800 will be reached between the year and into tomorrow. |
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for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
I also like that factor about bitcoin and that you do not have to give out your information to be able to make use of bitcoin. I also lik the fact that the price changes allot so that we can use it as an investment. the anonymity of bitcoin is very good indeed. also the fact that you don't need to sign up anywhere to send/receive it online is so good. because it is unlike fiat where you have to sign up at paypal for example and they will block you if they like. Yes true bitcoin gives us freedom and convenience. Many things that I like with bitcoin and a lot of advantages. |
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By holding my bitcoins until the price of bitcoin increase so high and when the halving come i'm sure the price will increase so high and i can get rich when i sell all my bitcoins on that time.
Yes true it will make you benefit. But to be rich does not stop there. We must continue to collect bitcoin from a variety of methods in order to get many bitcoin. |
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The biggest problem I' having with the bitcoin is that the conformations are sometime taking ages these days.
Due to the fee's its sometimes take a long time and I really hate it about the bitcoin, its a big problem for more people...
Yes, I've been having problems like you. I've shopped and took almost a week, I think it's very annoying. But believe that there are many things of bitcoin in our favor. |
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You can better use a bank account instead of a bitcoin wallet. Thats only because bitcoin wallets are not secured enough to be used these days on the internet there are several hackers who like to steal your coins.
I can say that bitcoins are secured, it will just depend on you on how you are going to keep safe your information about your account and bitcoin wallet as well. There is an hardware wallet if you really want to try it to be secured. When it comes to the secure nature, you should not just think of it ease of storing with increased safety than the bank accounts. You also need to think of the long lasting. Bitcoin is just a baby when you think of bank existence. Also none is sure of bitcoin future. For the future I am sure bitcoin bitcoin will continue to develop the most important bitcoin in good condition. We also if comparing between bitcoin wallets and banks are very different from. Because both have their respective functions for us who use bitcoin. |
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i dont see why not we did break 500 so in matter of speak 800 will be achieved this year for sure
Yes but I think bitcoin development requires a process that could not be immediately reached $ 800. Perhaps if this year can not be reached will be fulfilled next year. |
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I don't have any plan, i am just a common bitcoin user ,who using bitcoin as currency and not as investment. Maybe in future i will create my plan but now i am not interested.
there is no way to planning to become rich with bitcoin if you rely on nothing, but it's could be a good starts if you then using bitcoin for an investment and put a good amount too . many people still believe bitcoin price would skyrocketing and it's the only chance to become rich by invested a lot of money. To be rich in bitcoin must require very hard work. We must be willing to try a lot of ways to get bitcoin. If we are diligent and patient definitely we will have plenty of bitcoin and become rich. |
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