the job is the main and stable souce of mony，but investment for example bitcoin is sideline souce
True, having a day stable job would really be suggested and must do and we should not really depend on bitcoin itself when it comes on having a steady income but its really a wise idea on making it as a sidejob or side income. When we are already talking about passive steady income then it would be possible on having investments either on physical or even on bitcoin itself. |
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bitcoin for sloths, altcoins for cheetahs  I got your point but sometimes i would rather to trade on bitcoin since it do have sloths movement when it comes to volatility compared to altcoin but im somehow sure on the money making opportunities on it but well i dont really care at all since i do make trading on both bitcoin and altcoins. For op, issues,fuds,development things do really happen on bitcoin and so on alts too and its not really tiring at all. |
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Some rare users that are holding Bitcoins are millionaires but are they counted into number of worlds' millionaires? I don't think so. Having assets and wealth in cryptocurrencies still doesn't count.
How the Bitcoin price will rising the number of people who have some significant amount of money in Bitcoins will probably be higher but not everyone of them will be rich. This is just the dream.
It would just really remain as a dream and the people who would really got rich even more is those who holds lots of bitcoins from their stashes and as you said those people who have millions now on crypto world doesnt really count or belong on worlds millionaires.Going back on $1 million/btc it would really be just like a dream and its not possible to reach this heights. |
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Hello,
Since the fork we have a new coin very similar to bitcoin , do you think it is a threat to bitcoin?
Now I have those bitcoin cash and i don't know what to do with them.
I don't have the technic gear to choose between both, and I feel bitcoin cash is taking bitcoin down am I right? It's taking a part of its market capitalization.
Dont hesitate just stick on the things you do when bch isnt still there yet and thats the thing im doing right now. Bch is good for making money but regarding on long term usage and investment i would always go for bitcoin and no one could really able to beat the original bitcoin even on its clone. |
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And I am hoping that there would be more miners who will shift their focus on BitCoinCash (BCH). BCH will have a place in the sea of so many alternative coins. In fact, its value is right now going up. I am sure there are many people who are happy to know of this latest development. I am not a miner though and I am not planning to be one since it can be expensive to invest in mining equipment. Investing in mining equipment is really expensive and it should be place it in a cold area. However, I doubt that there would be more miners will their focus on bitcoin cash. Most miners supporters are majority on bitcoin, And I think they won't allow it to be happen. Though I am planning to buy mining equipment or mining rig someday but never on bitcoin cash ever. Yes, that would be really risky if you buy mining rig for bitcoin cash. We have already experienced the great dumps with this coin. It does not have guts to challenge bitcoins in any way. They are the real heroes of the crypto market and these kiddo coins can’t do them any harm. Its really hard to play asic miners just for mining BCH and even if i do have the money to buy on i would not risk to waste off my money just to mine bch and i agree on what you have said its really risky since the price could easily crash anytime. It might give benefit on some miners but im sure it would be only on temporary basis. |
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How much do you think of bitcoin price by December?
For me, I think the bitcoin price is going to be worth anywhere between $8k - $10k
Share with us how much do you think the bitcoin price is going to be worth by December and why?
$5k-6k seems realistic choice than on the others because i do believe that we would eventually breakout on $4500 price and would continue even more on 5k above prices on this year. Specially on this upcoming segwit again and again on this month of November. We would see another drama on its prices and i do expect that price will dip again those days and we should really be ready on buying cheap coins. |
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Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires.  Thx for bounties! Good jewelry. This is how should be done by most bounty hunters on which keep holding on the coins that they earn on those programs because possibilities on becoming a millionaire would really be there if you are lucky enough those holdings will rise up in near future then it would really be worth it for your effort on joining them.Later on i would really start this kind of target or aims on which my earnings would really hold up for too long. |
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If you are just beginning you must start with a VERY LOW amount in order to gain experience and try to grow that amount into a lot of Bitcoin and then add more to your amount as you gain more experience and confidence.
This is the thing i did when i was just starting on trading world on which i did try to make it large on the small bankroll do i have on doing trading until i gradually get the fundamentals and the important things that should be learned on trading.Its not really easy and it would really takes lots of trials and error for you to get the right ways on making profitable trades. First time i was trading on c-cex and later on i use bittrex. |
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I dont see that you would able to earn 25-30% more in a day even on bitcoin or altcoin profit
Not just profit, I mentioned up and down. To be honest it's mainly been the last few days as I have a large Ripple holding.... Should of sold yesterday *cry* You shouldnt cry since you didnt still miss the train on earning profits with ripple. I would say just a little bit more because theres a news that price would rise up again on XRP. If you do hold large amounts then it would really be an advantage for you to make good profits later on. |
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Not only your winnings but also the money came from your pocket because im sure you would definitely deposit money on hoping to get those winnings back again. This is really how gambling works and how houses would aim for and as you said we should really be wise on leaving the game directly if we are already on winning side and ensuring those money rather than on giving it back into the house.
Alot of people will use their profit to keep on playing, they are a fool to begin with that is why there is nothing that you can hope from them. This is pretty much the same mistake that everybody do however I do really expect people to know at some point that they cant win in the long term even to play with their profit Just as expected most people or gambler would really behave or would do this way on which they would always end up on losing their winnings because they are pushing themselves to make even more money. Realizations would only happen on the end of the game and its rare for you to think specially when you are in the middle. |
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Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?
If you did buy on those price range or point for now you would already gained 400 usd profits since the price rise up again and we are almost hitting again 4500 price which we would possibly hit up new ath if the movement like this would continue. We should really consider that anytime is the perfect time to buy and we should not really hesitate. |
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As far as i know genesis and hashflare are the companies on which still operating as of now which do offer cloud mining and they are already operating quiet long years as of now which there are still users or investors who do engage with them.In my own perspective and believes if you can able to handle the risk on putting money on them then proceed but thinking off that nothing last forever and maybe there would be a time on which you can able to reach out your roi when they suddenly shut down.
Risk wise, we are all taking huge risks by investing in altcoins, my portfolio seems to jump up and down by 25-30% a day. I'm going to give it a shot, I'll report back if its a scam or not worth it! Worst case scenario, I loose a few 100$ I dont see that you would able to earn 25-30% more in a day even on bitcoin or altcoin profit unless if theres a pump knowing that mining difficulty does rise overtime as the days goes by which means earnings would really mainly affected and if you can able to handle the risk then it isnt bad at all to put money just be aware that anytime you can lose money on the thing you made. |
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Guys,
Would be good to get your opinion on cloud mining contracts from Genesis or Hashflare. Has anyone got any good/bad experiences with them? Are they profitable?
You can get 10,000.0 GH/s Hash Rate for $1200, apparently gives you a return of $60 a week.... Seems like a good investment no?
~Lucas
Don't trust any cloud mining sites. They are scam most (99.99%) of the time. They are more like a ponzie scheme. Just stay away from them, else you will end up with nothing and regretting later. I suggest you to invest on alt coins and try to make profit by trading instead of investing on those shit cloud mining sites. Fair, I have invested massively in alt coins too, just looking at other ways of potentially getting an income. I've read a lot of reviews on Hashflare so maybe its the 0.01% of non scams? Was also half debating investing in a mining kit, maybe plug it in on the works electricity supply As far as i know genesis and hashflare are the companies on which still operating as of now which do offer cloud mining and they are already operating quiet long years as of now which there are still users or investors who do engage with them.In my own perspective and believes if you can able to handle the risk on putting money on them then proceed but thinking off that nothing last forever and maybe there would be a time on which you can able to reach out your roi when they suddenly shut down. |
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How common is Bitcoin in Asia? Just want to know  Bitcoin is somehow famous already on this side of the world on which you do know that Japan is a part or considered on part of Asian countries which you do know that they decide to legalize and accept bitcoin and also in my place bitcoin is gradually getting popularity as of now which is really good on the moving progress of awareness of bitcoins existence. |
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You could add a few 0s to your budget and still fall short of being able to start an exchange.
This is right op should add more 0's as seen above 2000 usd budget would just like be a dust and would only sufficient just on website creation templates and etc. I dont know how much would be the script though. Experience is really a must on this kind of big projects because running an exchange isnt really an easy job or thing to do.If you dont have experience then better to skip on this one. |
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We cant be rich anymore, but we can profit and % up, those who wanted to be rich are rich already, a decade ago if you had the intention to get rich you could get rich now the day, but today there is no more chance, just double,triple or whatever your money and not more unfortunately
We still can. There are a lot of young people that got rich because of their good profitable ideas. Good example is mark zuckerberg, he's only ~30 years old and is super rich. You say you can't get rich but you can get profit, so if you will get enough profit you will be rich. There are lots of ways to get rich actually the hard thing is to execute and on how would you do in able to reach that goal. Thinking without doing would really just stay as a dreams but this is not always the case since there are actions that have been made do really fail no matter how you struggle to do so. Who doesnt want to get rich? |
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yes of course if i dont play with my profit i cant profit more In most cases withdraw half of my profit and play with other half .
You are right; if you will not play with your profit then you cannot earn more profit. But in gambling world, most of the time gambler ends up losing everything if they keep on striking again and again. Isn't better to invest that profit in some more reliable and working method like trading or buying a share in some business etc ? I still play with my profit simply because I want to enjoy more of my gambling habit. Sometimes I think that its better to quit while you are winning. But when I play I just want to have some fun or enjoyment, so If I won already, I keep my bankroll and then play with my profit but this time I just try to make a small bet and see if I can further stretch my winning moments. So I just enjoy it and when I lose, I quit, but if I got lucky and still won then I continue to play and enjoy. I don't try to chase money that came from winnings. That is why I just stop when all my previous winning were lost already and happy that I didn't lose bankroll. Just don't! If you are winning, leave the table and run away and don't ever look back! That is how the gambling sites, casinos and sports books get you! They let you think you can win some more money but they just want you to gamble some more and in the end they will win back all the money you got. If you win money, take it home. Not only your winnings but also the money came from your pocket because im sure you would definitely deposit money on hoping to get those winnings back again. This is really how gambling works and how houses would aim for and as you said we should really be wise on leaving the game directly if we are already on winning side and ensuring those money rather than on giving it back into the house. |
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Risk of losing 50% vs today (still on profit territory for most?)
vs.
Chances of getting a x10 to x50 (balls of steel required)
-> Choose your camp...
(Alts are proably a good way to hedge your game)
I would probably go for (balls of steel required) Since im a hodler then selling my bitcoin on any pricepoints wont be possible as of now unless if i see soaring prices already on bitcoin. It doesnt stop to amaze us anytime on the potential peak prices that it do gives this is why i do really believe on this coin no matter what happen im still accumulating coins as many as i can and at the same time i do make hedging on altcoin to make more side income. |
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In order to answer this question the first thing you need to answer is what do you mean when you say you want to invest in Bitcoin. Do you want to buy the currency in hopes it will appreciate it value? Do you want to invest in Bitcoin related companies? Are you looking to day trade with Bitcoins?
I do engage or decide to invest on bitcoin because i do believe on its potential on upcoming future on which i do really believe that this thing will give me the possible financial freedom that i do seek or wish as of now.This is why every bitcoin that i earn is really valuable to me,earnings might not be much compared to others but somehow i do able to accumulate for future use. |
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You are saying that you didn't get payments from Genesis, but in fact you did. You posted screenshots that they are paying.
If you look carefully wizzkid, you can see that the payments aren't paid properly. I waited 6 WHOLE days to get paid and the day after that, they started with excuses again and that they would start a payment process the same day. I also didn't say that I didn't get paid. They just don't pay you properly and come with many excuses every freaking time. You arent paid off by them? How? knowing that payouts are automatically sent from those people who did invest on their cloud mining. Dont tell me that they are doing manual payments as of now. Honestly speaking this is my first time to encounter people who didnt get paid by genesis mining for how many days. 6 days is really a long wait and another day the problem arises again. better to contact them asking whats really the matter. I do get paid by them, but not properly! See here my Ethereum deposit details: https://etherchain.org/account/0x950f3d6cb73ed38f3549ef31664ff993eeb533f8#txreceivedThis is the address from Genesis Mining: 0xFE92a3cf1843B5eC7CCf27b2AE753faC1289Fa9D Then the best thing you can do for now is to contact them and telling them about your concern or issue since they are the only ones can resolve such thing because i didnt experience such thing because i do recieve payout anytime and automatically. There might something wrong with them in your case because its somehow manual as far as i can see. |
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