Bitcoin is pretty safe, especially bitcoin wallets. You don't have to worry about coin theft.
I think it's a problem wallet. You do not need to worry about it. because you can only get a good security because you can add multiple authentication in that wallet you are right, in my opinion bitcoins are really safe and in my opinion wallets can be not safe enough if its online so i only use cold wallets Online wallets are also safe if you choose for reliable and most trusted wallets, but still there maybe some problems occur like it can go down due to some isue and then we will be unable to access to our coins,
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Your best bet is to buy bitcoin and wait a year. Surely then, your money will almost double.
You are right, a few months ago when the price of bitcoin was at $380 some of my friends advised me to buy some bitcoins and they will be doubled, and I did the same and a few months later the price really increased high to double my money.
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When you already have a lot of bitcoin why not you build or buy a house. I think it is so great plan, buy a new house with bitcoin also my dream since i just started using bitcoin. I am sure buy a house with bitcoin is needed so big amount of bitcoin at all.
Nowadays we need some god amount of bitcoins to buy a house, but in the future the price of bitcoin will be much higher and in that time we will be able to buy a house with a minimum number of bitcoin.
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We all have some amount of bitcoins in our wallets.. Do you really think bitcoin is a currency Worthing you more than a real currency... I do because real currency price won't grow up or down as bitcoin... So do you or not ?? And also have a discussion about its prices in future..!!
It is not that i dont believe into the bitcoin anymore but what i know is that the future is nothing for the bitcoin because the real thing in world will always be real gold you know people does everything for money and they do the estranged things you can ever believe. You should have to know that gold is not a currency, and here we are working for bitcoin as a currency, and as bitcoin is the only online currency with which we can do transactions easily , bitcoin has a very good future and you will know that in the coming future.
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I also think that you can start trading with very small amounts in order to get an experience.
Are you saying 0.1 is enough in trading to get experience? This should not be the advise to him because it seems that you wanted him all the bitcoin he has atm. For getting experience that amount is much higher, he should have to reserve a minute amount of his bitcoins to get start and get experience and after that when he come to know that he can trade then he should hae to invest them all for trade.
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Upto now I am getting a good profit from my trade, but sometimes I lose when a currency go to die, like I have invested in starCoin and that is now a dead currency, and the Developers of FRWC are also now going to be lazy and the price of it is going down and down.
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I prefer to trade and lend as an investment. You can potentially gain the amount of bitcoin by doing these and hopefully the price per bitcoin will also rise. So you can have a twofold gain.
Trading is a best suggestion, but in lending I think you are pointing to interest earning, so it is not good as that amount is much lesser as if we invest that amount in trade or any other business then we will be able to earn some bigger amount of profit. Duh, have you heard diversification? Not everybody puts their investment in one basket. Diversification is better but it does not mean that we should have to put our money into a place where we will get much lesser amount of profit. If there are a lot of other ways of investment where we can gt bigger profit then what a need for investing for least profits!! yeah, it is not sensible to put our money for lend to get a smaller amount as interest on it, we can invest them in some other places also where we will get a higher profit, especially when we start our business we will be able to get a bigger and faster profit from our that investment. I also agree with you, as when we put our money into banks then they start business with that amount and give us only a smallest portion of the profit which they get with our money, so why not we ourself start a good business with that money and get the full profit from our money.
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Holding bitcoin for long-term s a good way to either make money or lose money. If you have a lot of bitcoins and the price increased, you can potentially make big money. It's also the same if the price decreased, but instead of winning, you are losing money.
In bitcoin saving both can be happened. because bitcoin price is unpredictable. but as I can see the daily usage and people's demand of bitcoin I can say that holding bitcoin will be profitable. I myself taking this risk(it is risk because as I said everything can happen) and I know a lot of people who doing the same. It is risk but not a harmful risk as bitcoin is a reliable asset and with that we all are sure cannot lose our investment, I also have invested in there and do not consider that amount in risk but I am happy with that.
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I haven't but I am tempted to as it looks stable right now. But in a few days who knows. So maybe not just yet. Bitcoin is instrument of investment maybe for today bitcoin's price is stable, but next weeks,month, year, it will always be fluctuating. So if you wanna make investment on bitcoin make sure with you can lost it, because are risk on every instrument of investment. I think from now the price of bitcoin will not drop but it will increase , and if someone buy today he will earn in the coming month, year etc.
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Just hold your bitcoins into your secured wallet and the Bitcoin's price will increase surely, so this way you make good profit. You can also try trading if you have some experience about it
If you don't know how to grow your bitcoins than just hold it for prices go up. But if your want your bitcoins grow then you can lend your coins on this forums with proper collateral then you slowly grow your coins over the time. Some of your coins you can invest on casinos bankrolls. These are biting high risky investments, but surely you will earn a good profit over time because in most cases casinos are the winners at the end. That could be an ideal to do if your holding huge amount of money but what about for people who have only little bagged of btc in their wallet? Maybe its not advisable since the wait is not really worth for low budget peoples so thats why they should find good thing or programs that they can earn money maybe investing in casino will be good but let's think also the the risk so we can avoid some lose from it. I agree that holding a small amount of BTC for a long time is not worth the wait. If you really want to have a big profit but you have little btc, all you can do is grow it by involving yourself to bitcoin activities like trading, product selling that involves service and goods, joining signature campaign and other stuff that can earn you bitcoin. The only safe way to save up some bitcoin is to earn more than you spend. Try to spend as little as possible and earn as much as possible. Once you have done that you can save some bitcoins and invest into save investments. It is not possible that we invest lesser and earn higher, the more we will invest the more we will earn and if someone will invest little amount he will not be able to get bigger profit sooner, so invest higher to earn higher.
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Do you pay a fix 30 Today for full member rank? or you pay 30 today for each post? If it is 30 today per post then the price is better, and if it is fixed 30 for week then it is worthless.
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I will spend all my bitcoins on Purse.io. Youhave already answered the question, everyone will start to buy from online shoping sites, but still there are a lot of people who are using bitcoin and do not know that about to shop online and only know that bitcoin can be exchanged and can be used for gambling, ( as everywhere on this forum everyone has banner for that sites no one have a banner for a shopping site) they will think to go away from there, which will be sad.
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I do not have option to use or spend bitcoins in my country. My govt do not allow it. Rather I exchange the bitcoins in to my local currency and use them for my daily expense. If i have more money then I go for buying a valuable item like gold. If it is not really required, i save the bitcoins i earned for sometimes to have a good profit when the price increases.
It is bad for your country that your government is not going to allow bitcoin for your country as in the coming future all of the online businesses will be with bitcoin and you people will be denied by your government to take part in online business and with that you will be pushed back to old age by your government.
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470$ is acting as support for now, and i believe if it manage to breach 600$ level then we can see slow increase towards 900$ area. 470$ was a good place to place a buy. We should be able to see 4 digits next year. hoping that buy end of the year bitcoin price will ran the price up to 600$ so that by comming 2017 it will be the good news for us and it going to increase slowly until bitcoin hit the maximum price for 2017 and hoping also that some supermarkets are now going to accepting bitcoin as a payment I'm seeing a lot of investors on testing phase this year and seeing if bitcoin would be profitable for long term. If they see the opportunity by next year, then we may see a good movement by next year and hopefully, affect the value dramatically upward. Yeah, this year I saw a lot of people involving in bitcoin and they are still in the learning phase, so when they learn about that and the price of bitcoin will come to a little stability and continue to increase then they will put their money in their and will invite more people also to join bitcoin.
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I will buy altcoin, to earn bitcoin. Gambling is also my hoppy, and spend bitcoin on real life use. I will buy goods from newegg.
Spending is real lfe and for altcoin is better but , do not try gambling with that much amount as with gambling we do not know that we will win or lose, so it is a dangerous risk for use to go to gambling.
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Hi I wonder about the demographics of bitcoin. Who uses it, race, location, gender?
I read the coindesk paper on it, but wonder if there is some other more updated documentation on it.
Regards
It is a modern era and in this age we do not do any calculation based on race , and gender etc, so we can say that different people from different parts of the world are involved in bitcoin .
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I would not do any thing with them and I would only try to earn more and more bitcoins and then collect in my wallet because 0.1btc is a small amount to invest anywhere and profit will be really less so just wait and collect more.
You are right, and he also cannot start trade with that as he himself said that he is newbie to the world of bitcoin and so the trade will also be new to him, in that situation if he do not want to keep them idle and want to do something with that then he should have to start a blog with that and there he can earn with selling advertising space.
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kids always synonymous with the game. so that the proper way for kids to earn bitcoin is by playing games.
because I know all the ways to get bitcoin quite risky for kids and they also do not seem to be happy with some of the ways.
I think there are several methods to get the bitcoin system uses the game? is it possible that children use the method to get and earn bitcoin? I also think that way. children have not been able to work with bitcoin. the right of a child is getting the education and also affection people nearby. I worry if children have known bitcoin then their mental life will be disrupted. Yeah, you are right children do not need to get involved in bitcoin, they should have to focus on their education and when they reach to an age when they will require to get the education of finance then you should have to tell them about that.
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I believe the future of BTC is not being used as a everyday payment system and not just a minor mini-transaction system, but it going going to become a big reserve of value I think. I think it would be Similar to what gold is today.
i hope that you are wrong and we will be able to use it all the time, i definitely believe in bitcoins that it is going to change the world Yeah, bitcoin is a future currency, and in the future we will see that everyone will believe on bitcoin and will accept bitcoin for all of their transactions in their businesses, I believe that this currency will be a global currency in the future.
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The only recommendation will be trading and nothing else. Even though trading involves risk but one can make a good amount of money without the fear of being scammed.
Every other ways of investment involves a lot of risk, significantly higher than trading. You must avoid gambling and ponzis every time.
Yeah, trading is a better suggestion for him, as teenagers can learn anything and they will sooner learn to do trade, so he will be millionaire with that amount.
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