I'd focus on ways(social) that don't require investment. I learned more about BTC not having any to invest than when I had a few of them.
plenty of ad networks on this forum that will pay btc.
Those ad networks are called Signature Campaigns, where you wear a signature of the website they provide and upon posting wearing that signature you get paid by them for advertising their service in your signature space, and yes, it is actually a quite stable way of earning a few bitcoins with the time. |
|
|
|
the price matters..since it affects other alt coins
Besides affecting other alt coins, it affects every income people are getting through bitcoins, and if the price did not matter then bitcoin would not have been the most used or loved alt coin in the world, just because of its volatile and growing nature it has built such a huge users database in the world. |
|
|
|
As a college student, I can support now my studies because of bitcoin , Before Im a working student that works in the school in replace of part of tuition fee. I learned bitcoin and because of bitcoin I can support my studies. Im not a working student anymore because of bitcoin, Bitcoin helps me a lot in my daily needs. Bitcoin change my daily life a little  I'm a student too and bitcoin had changed my life completely as you said it changed yours a little, because it also helps me with my finances in studies or any other field of life and before bitcoins i did not have any source of income, after coming to bitcoin i'm getting a good enough income every month. |
|
|
|
The huge advantages at bitcoin against any other currency are the low fees cost transactions as well the potencial power to gain healty in the shorte time, the volatility does makes bitcoin be the best option to save as well to invest.
Saving in bitcoin is already a form of investment i guess as you mentioned as well that it has got the potential to grow higher gradually with the time which makes you savings grow also, and that is a big reason why all the users here are having bitcoins instead of cash. |
|
|
|
If Bitcoin has no rival like alt coins then the price of bitcoin must be very high today. The trade market will only have bitcoin and every countries flat money. Besides those alt coins are created to beat Bitcoin. But there are some alt coins that has a unique road map that inspires a lot of users to use the alt coin.
Whatever rate a alt coin may have but it would still not be compared to bitcoin i guess, because alt coins are mostly traded just to generate more bitcoins out of them and that is the reason why alt coins are getting so many users as well, just because of bitcoin. |
|
|
|
What is the minimum amount to start as a trader?
I started with small amount of bitcoin until then i really grew my bitcoin in trading i started with 0.01 bitcoin i think till i grew up them by buying and selling another coins. Maybe you need to learn or read some good ico's in the Martket Place (Altcoin) To know which coins you are going to buy in the market or what alternative coins. The capital in trading depends on how much profits you want to get, and for that you don't really need any minimum amount to start, you should just keep in mind that you can invest any amount according to your needs of profits but there is no any recommended minimum amount to start trading with. |
|
|
|
the day is not very far because more and more notion adoption is taking place and people are coming to know it's importance and advantages. So i think in very near future we could see bitcoin as international currency but I am also sure that if it us recognized as international currency then government will ban it in very short time because there is no rules and regulations in bitcoin and even no taxes also
I guess a country would probably consider these factors before adopting something, like the factor of tax or anonymity which bitcoin has, so if a government accepts it even after knowing these things they will have no reason for banning it later on. |
|
|
|
When bitcoin reaches triple or more the current price, for sure you
can buy a house. But, ofcourse you need to convert first into fiat,
depends also if you find an owner which accepts bitcoin.
It depends on a place if how much money you would need to buy a house there, because the prices vary for different places, somewhere you can buy a house even with 1 bitcoin while you cannot buy a house with more than 10 bitcoins in some places. |
|
|
|
It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.
Exactly, someone buying any kind of things when he has money, whether important or not would probably lose his money that he could save from his salary or income, so if someone applies the method you said he will be able to manage his money in a better way. |
|
|
|
This two should go together, i guess. Because how can a bitcoins' price remains low if there is no mass adoption, right?. Same as how can a bitcoin's price continue to increase if only few people know about bitco8n or if only few are using them. Mass adoption is a great way for huge price increase.
So the basic thing is that mass adoption is what really matters for bitcoin, because if there is no adoption at all the price might grow but it wont grow as much as it would if there will be mass adoption, that is why mass adoption is the most important thing bitcoin needs to progress. |
|
|
|
It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.
It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price. Exactly, and because of such people it has become a risky way of earning a little extra bitcoins for everyone, because any kind of person with a collateral he may does not need anymore would come and apply for a loan, and as long as their collateral is valid you don't deny as you are in that business. |
|
|
|
So, what do people around you (relatives, co-workers, co-ed, friends...) think about Bitcoin ? Please, indicate your country, so this way I'll be able to make a synthesis about what people think about Bitcoin. For me : I come from France. My relatives think that it's criminals' tool and that since they can't touch money they don't trust it (note that those same persons are pro-banks, where you can't touch money). My friends think that it is useless and that it has no future. Both of them agree that scare them the most is the Bictoin's price volatibility. So not so positive  . I hope that you aren't in the same situation. Thats really not the case with me thankfully, because when i first told my friends about it they were all excited about it though they were still not believing it but when they saw me converting them into fiat they believed in it including my family members who found it good and interesting and all of them started asking me questions about it. I'm from Pakistan, by the way. |
|
|
|
I will try to hold the most of the coins i do have at 2017, this year i had talked to my self will be the last year i do sell my bitcoins as well do invest them, but its something very hard to make saving bitcoins, there is always a project that you do wanna test, and support.
Everyone at the first place wants to hold their bitcoins longer in order to get more profits out of it but they actually sell a part of it because they need to, and when we sell later on we see the price growing and then we regret for doing that, but still we should save a portion of it if we cant save all of it i guess, that is what i do, i just sell a small part of it and keep the other for future. |
|
|
|
Its very hard to predict on how many people are using BTC. More and more getting into this forum, earning and utilizing the btc earned. Many merchants have started accepting bitcoins. So the currency is being rotated more other like before. My prediction would be it has become 5 times bigger than what we had 2 years back.
And not all the people who are into bitcoins are already here in forum because many of them wants to remain anonymous and mines secretly. I don't think that it is just only 5 times the number way back 2 years ago, because it is just like a virus that can spread very fast. I am thinking maybe 7-8 times. Even if you are in the form you are still anonymous for the ones who can see you here, as they can only see the information you allow them to see so the only thing they can see without your permission is your account name which you can put any of your choice. And as you said not every bitcoin user is present on this forum which could have been a way of counting the users somehow. |
|
|
|
Yes, You can beleive in it. You can be sure of a minimum profit now without investments. The price plays a big role in its existence. Its going to be the same in future. The more the price is the more the profit would be. People are into the forum to gain more income. As long as people zeal to earn bitcoins, of course it wiĺl long. As long as it lives, you can have more faith in bitcoins.
Bitcoin had already made a good reputation in the world for itself and almost every single user of bitcoin has faith in it, because they can see it working everyday for them, they invest today and they get profit from it just tomorrow, and this has become the trend now, everyone comes to bitcoin and invest and wait for sometime and gets his part of profits, and there it is, he starts believing in it. |
|
|
|
This is some good advice but the only problem is when you are trying to exchange your bitcoins for another currency... this confirmation waiting peroid takes long #Patience_ISSues
That should not matter if you are just exchanging them to another currency and you confirmation is taking time, but you should not just keep your bitcoins in a exchange like how you keep them in a wallet, that can create problems for you if something happens to that exchange site. |
|
|
|
There is not much merchandisers accepting bitcoin here in my country either. There is a site where I can pay bills using bitcoin here too but to use bitcoin on a daily basis is not yet possible. If grocery stores start accepting bitcoin as payment, then spending will be easier and maybe adoption will be faster.
Same here, not really a lot of option of spending bitcoin itself as there isn't any places accepting it nor there is any local website accepting bitcoin for buying anything, so except recharging my mobile with bitrefill i use bitcoins nowhere, i just convert them when i need money and then spend them as fiat. |
|
|
|
Yes, we might not see it, as we cannot see who is using bitcoin, but for sure there are people who are using bitcoin like money to fund their illegal activity...maybe some people are keeping their money asset as bitcoin to make sure that government won't see it... but definitely it won't hurt bitcoin...
Bitcoin is freedom, freedom of financial activities, so even if someone uses it illegally it wont be a problem at all as no one would get affected from that not even bitcoin itself, it depends on people how they use something, because every single thing in the world can be used for good and bad both. |
|
|
|
bitcoin will continue to rise, see the current developments. bitcoin very rapid rise, maybe at the end of the year more than $800 per BTC or more. and i think bitcoin will more famous in the world.
It has already reached $730+ and still growing, so we can probably predict a higher amount than $800 for the end of this year, because right now the investors are increasing and a lot of people are also selling some of their coins as they feel they are getting good returns on it, and this circulation would probably help bitcoin to progress more in coming time. |
|
|
|
|
Just checked their website, the layout looks good while it can be an obvious scam because they don't provide any information about their service, if you see About page of their website, there they say that they do bitcoin trading and investing in order to pay our users, how can a website do trading to pay out others? What if a trade goes down?
I guess no one should invest with them.
|
|
|
|
|
Show Posts
