you need to be very much careful for investing in bitcoin.
I agree with you because there are a lot of investment schemes that are just trying to scam investors. And they are saying that you are going to earn steady profit with them if you are going to invest your money / bitcoins to them. And I think there is no steady way of earning in bitcoin because of the fluctuation of bitcoins price. |
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People have been trying to hack bitcoin from years and of course there haven't been any success, The network is extremely strong and is secure enough to stand till now, I am sure it wouldn't be hacked with a calculator or anything like that ever IMO.
Yeah I am confident about the network of bitcoin for it is really strong and it has been proven for a lot of time that is why if some are doubting the network security of bitcoin. We can just be confident and don't mind what they are saying for we know that what is the reality about bitcoin even there are some threats saying that they are going to be able to weaken bitcoins security, well if they think they can then they are crazy. |
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For 1$ per hour it should be something simple that doesn't require too much work, effort and resources. So, maybe something related to answering on customers phone calls or maybe quick posting on Facebook or Twitter. But in some poor countries 1$ per hour could be a lot (sad but true) and there people work realy hard for that money.
You can try to visit the services area many are offering those type of social media campaigns but they are not paying per hour. But they are paying for the cover of whole week for just sharing some of their websites and re-tweeting their post. And even that is not paid per hour still that is going to be a good additional income of bitcoin. |
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My decision between saving and investing is to invest. Investing in a safe investment is essentially saving but then while making money.
Bitcoin itself is a good investment to pump money in, when money has been pumped in and prices go high then you get alot of profit from it.
Investing is my choice too because when have source of income then for sure we are going to focus more with it so that our investment is going to keep on getting profit because that is the one that gives us source. And upon getting profit we also need to have some savings so that while our investment is still strong we are able to have another type of investment in the future with the help of your savings. |
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Doubling 100k safely there is no way to do it safely else I'd always keep doubling my money safely.
The safest bet is probably investing and I'd invest in bitcoin cause I am pretty sure prices will still hit 1.2k atleast once which means you will have doubled your money if you invest it all into bitcoin. maybe a bit less cause of fees etc.
I agree that there is no safe way in doubling that amount but for me I would rather invest in two types of investments its with bitcoin and for real business investments. Because the more you are going to have investments and business the higher chance you are going to make good return and doubling that amount but you must be able to manage your time properly. |
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Yes bitcoin COULD replace the money theoretically but I don't think it will ever reach high enough powers to be able to do that though.
USD etc has such a big foundation that it's near impossible to knock it off it's throne if you ask me.
I do believe also that fiat money will be replaced by a digital money that is just like going to be implemented first by US government but I don't think if they are going to rely with bitcoin. It is going to be cashless society and that is going to be implanted with the use of a microchip and that is going to be your wallet and by just scanning it to supermarkets you are going to pay your groceries conveniently and fast. |
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If we take as a basis for my national currency, the big difference between Bitcoin and the dollar does not. What one currency that the other almost inaccessible.
You are right and the fact is also that USD is way more used because its still bigger right now and more stable. The bitcoin will lose because its not seen as a currency and its also depending on the dollar. thats true, but i think in the future the price of the bitcoin is going to grow and it will become more popular For me it is not a good thing that we are going to compare USD vs bitcoin because they are both useful and doing good to all of us. And besides the price of bitcoin is depending on USD so it is playing an important role for the exchange of the bitcoin. And yeah, I believe that too the bitcoin is going to grow and going to be used by people all over the world. |
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Good decision to not sell any coin the coin goes up every month and sometimes we have downs too but I believe it will keep going up and we haven't reached our stable point of maximum value yet I hope that we can stabilize around 1k which is a nice price and not too unrealistic if you ask me.
i'd agree if 1k is not too unrealistic because bitcoin's price before have ever reached about $1200 but unfortunately going down again but if the price were 1k it's maybe not that stable,i think while bitcoin's price always rising up the stability is really hard to be hold I think $1000 cannot be achieved any time soon. It could be obtained this time next year. The development has slowed. it actually can be really easily in my opinion, i think that the price of the bitcoin is going to grow huge Maybe this time $1,000 is not going to be reached but I am hoping that it is going to happen for next year. But upon waiting that we just need to be patient and not going to sell anything. I hope it is going to happen before the end of the year so that when the new year enters that price is going to be stable and keep on increasing. |
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PayPal cannot be a scam. Despite the fact that it is accepted by many BIG companies worldwide, it has one big con: refundable transactions. This doesn't help the companies at all, and Bitcoin takes PayPal over when it comes to the scams. However, having Bitcoin as a payment method instead of PayPal isn't such a great idea because of the Bitcoin's popularity.
Yes they are not scam but there are abusive people who are using paypal to their scam activities. I have experience that I am selling something online but it tends that the buyer upon receiving my product, what he does was reverse the payment. So it is very disgusting and I complained to the paypal but they can't do anything about it. |
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I can't see how this debate could influence Bitcoin in any way at all. I'm also prety much sure that neither Trump nor Hilary don't have any kind of opinion about Bitcoin at all and that presidential elections have no meaning for Bitcoin status.
I don't think that either no effect at all in bitcoin whether who is going to be the winner of that debate no effect for the economy of bitcoin. There is going to be only an effect if the winner of that presidential election of US will going to adopt the usage of bitcoin and for sure many are going to like that president and that is the start of cashless society. |
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If US Dollar crashes, i'm sure it will affect the price of bitcoin too. Because the price of bitcoin is based on US Dollar too and i think the price of bitcoin can increase because the rate of us dollar going down.
Of course it will because the price of bitcoin is always depending on the value of US Dollar and that is going to be one of the measurements on how important bitcoin is today. So if there is going to be a US Dollar crisis then for sure the bitcoin is the first one to be affected with it and in our industry it is going to be one to crash first. |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
I hope that you are able to hold on for that long because we do not know when the price is going to be that high and if the price is going to reach it. Maybe the Bitcoin will never be that high and then you will just keep waiting. I hope that too op is not going to die of any accident and sickness and so when the price of bitcoin reached $50k then I guess he is going to be attacked by heart attack, joke. But everyone is always hoping that the price of bitcoin is going to reach that amount and if that happens for sure all of us here are going to be rich ones. |
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Anything or any form of currency can be used for both legal and illegal activities. So yes USD is also being used for illegal activities and it is almost impossible to stop all illegal activities so banning the currency will not be good way to reduce the currency related crimes. Same goes for bitcoin, stopping or banning bitcoin will not reduce the criminal activity associated or thought to be associated with bitcoin.
I agree as long as there is money involved and with value related to a transaction. It can really be used for different types of activities just like legal and illegal ones. That is how human being is creative everything they know that is going to be useful for their bad acts they are going to use it and going to keep on supporting it. |
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we have some way to saving our money,
we can use gold, fiat currency, also bitcoin too.
the saving money can be use as investment too, in fact if our fiat get inflation or rising in the market stock it's can be called we invest our money in fiat currency in bank, not only save it.
gold is the best if you actually want to save your money because bitcoin is too fluctuating For people who have gold they are going to say that gold is the best and the best way to save money is with gold. But for me since I don't have gold. I am going to say if you want to save money then you are going to use bitcoin for saving it. Because if you are going to save bitcoins you are doing it in dual purpose. While saving bitcoins you are also investing so when the price increases you have profit. Putting your money in bitcoin is not saving, it is investing. THe concept of saving money is that you put away something that you can easily pull if you need it, example, for emergencey purposes. But if you put your money in bitcoin and you need the money while bitcoin price is down, then you have less money and you are selling bitcoin at a loss. Just control yourself and save for rainy-day-fund first. THen save for investments. If your investments are earning, it will be easier for you to save more. For me the easiest way to save money is by just opening a bank account and every time you have excess money deposit it already in the bank. And if you can't even approved to have a bank account buy a piggy bank and make it as your personal bank always deposit bills or coins in your piggy bank. That is going to help you save money. |
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i think recently i have done some bad decisions about spendiny my most of the time in a software development but it is consuming a lot or my time and also started effectimg my studie side and bitcoin side too
I guess that is not a bad decision you have ever made if you are into software development then for sure that is your career. You just need proper time management just to keep on working on your bitcoin tasks. My worst bitcoin decision is that I sold my 0.5 bitcoins when the price is still at $446 so I lost somehow big profit. |
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If you can manage to get Bitcoin every week then the best thing to do with it is just keep it in your Bitcoin wallet, don't ever think about using it in gambling and just collect it every week. Then just exchange it to flat money when the the price of Bitcoin is Doubled or tripled from the time you started to collect it. In this way you will profit and you will not lose any money.
This is a good way to manage your money. So you must have set a goal that every week you are going to have something or save any amount on your bitcoin wallet. And if you do manage to do that weekly for sure you are going to be a good saver and you can have a list of the things that you are going to spend your money so that you can manage properly your expenditures too. |
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Bitcoins affect life seriously allot becuase i know for sure that the bitcoin will not hold as long around the 600 dollar and when he is going to crash allot of people are giving up the bitcoin i think that will be the end of it
you are right, peoples life gets affected by it as the price goes up and down so they have either more or less money Most of us are affected when the price of bitcoin is moving so when the price moves up then we are all going to be happy and when the price is going to fall then we are all going to be sad. And I guess we are all being affected by bitcoin most of our lives because everyone of us are already depending on the market of bitcoins. |
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I would be looking for a site where I can trade my btc for and payment processor I like safely and securely or vice sa versa.
I wanted that type of marketplace where everyone is aware that the basic currency that was being used is bitcoin. And I'm sure that this is going to happen near soon in the future. So that the unexpected high charging fees with the use of different payment processors are going to be stopped when this type of marketplace was already build up. |
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If this is going to happen and I wish that I have 1 bitcoin by that time. So I am going to buy all the things that I need and going to build a business that is going to be my source until the rest of my time. Maybe putting up few branches of a fast food chain is going to be a choice for me and that is going to help me a lot and roll that money.
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I try to aspire not to be rich only in money, but also in experience, and wisdom. Having lots of money wouldn't mean too much if that's the only thing we strive for. Having a well balanced life with consideration for other things and those around us would make us better persons, richer inside and out.
Well there are different types of riches. First is becoming rich in money, next is with wisdom as follows friends, attitude and so on. But if you are aiming to become rich in money you really need to have enough knowledge so that you are going to apply that if you are already on your way to become a successful person and knowledge is the treasure that can't ever be stolen by someone. |
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