Hey! Friends Good day i have some question in mind i would like to ask you about "how can bitcoin help you with your daily life" and "how will you earn in a week or month" and "how can will you spend bitcoin" because i have a bitcoin in my bitcoin wallet then i am very confused because i don't know how to use the bitcoin so i saved up bitcoin until i'm richer so i can pay someone who will teach me to do stuff with bitcoin in my wallet and i would like to know how you can spend bitcoin in need of furniture and foods. Please  in my country bitcoin still can not be used as official means of payment so for my need of furniture and foods I must swap bitcoin to local currency. We are the same dude. There are no stores here in our country that accepts bitcoin as payment if you buy something so you need to exchange it into your own fiat so that you could use it in real life but if we are talking about online transactions not all of the online shop accepts bitcoin but there are few In short we do really wait for the full adoption of bitcoin on our places which we could able to spend our bitcoin directly without the need of exchanging it first to fiat before we could spend it.Bitcoin does really help me on some ways since it could patch up some of my expenses. |
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Low fees transactions, a decentralized currencie showing that people dont know how to manage the currencie, but the most important thing that bitcoin bringed to me were the freedom, and plenty control off our money, something that were with banks.
I guess the low fees are really attractive, it's the lowest for international transfers and I would say as well it's the fastest since it's decentralized and no authorities will check our transaction before approving it. It will make a big impact in the world since there's a great possibility people can make big savings by using bitcoin in their transaction. Agree with this transction fees regarding on money transfer is really an advantage for those people who uses it. Fees are lower compare to those money transfer and remittances which is really a good thing but as we notice on past days transaction are now on bulk and fees are tending to rise up and transfer times are already long. |
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Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!
Too hard to understand your sentences, But The forex was risky comparing with the Alt trading or bitcoin. Just need a second for the price was going down for a lot. It is very sensitive. I may think for a stay away from there. I jump on the best place which can produce a lot of profit for me. You was talking about forex and not related to crypto trading. Trading in forex and trading on bitcoin/altcoin is really different even though they are the same on trading field but the difficulty is different and i could say forex is too far away because of too volatile price of currencies and commodities thats why most beginners will surely blown up their accounts on a short period of time thats why better to made some demo accounts before going to live. |
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That's interesting. Even old generation know about bitcoin. That means bitcoin is getting more known. It's nice to know that.
All generations are interested with bitcoin. If we know about bitcoin potentials we can't resist not to use it. Bitcoin is a good thing to have.
Hearing this kind of news do really glads me because bitcoin adoption is really spreading and cant be stopped and even old people do already considered it and you are right once we know bitcoin we cant really resist to use it because of its benefits and any other things related into it and also these adoption will continue for decades which means price will price will increase too. |
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they are just getting their profit from the deposits of their investors.
Yes businesses with the improper source of income generation, must be doing ponzi business model and they will most probably will scam in very near future. Background checking is more important before and after investing into a site. We need to keep on monitoring their business activities so that we can predict they will scam or not. Surely they are scams and also add that if their promising you hourly rate or whatsoever interest they will give you back after depositing. That's their very script, that 'hourly rate interest' when you have read that word, then ignore those sites and don't waste your time to invest with them. And even don't get curious with them anymore just stay away from them. I know there have been a lot of scamming websites before but not all websites scam with this method. You can have the funds and if you have huge enough funds you can keep some on the bank to pay people when needed and rest could be in fiat savings account getting bigger. Like insurance companies. But that's not a way to know if the site tries to scam us and to be clarified there are a lot of ways to know that a site is scam. My opinion is just one of the many of it and if there is no service in return of your deposited bitcoins but the interest and profit they are saying then don't trust it. That's another tactic of scamming sites. Please clarify on what you are sayin here since your thoughs are not cleared annd its no undestandable, but as for experience we can really determine on when the site whike try to scam us when they are giving some signs of withdrawal delaying,site turns down and says for mentainance and last big return back of investments, and that should be the red flag for all investor so they can flee before they will get scam by certain scam sites. You should really be wary about this kind of event since its the indication of a certain investment or website would really tend to become scam thats why its considered as a go signal to withdraw all of your money that you did invest but its not always the case since most site will shut directly without any signs or notice. |
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Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
at first you must tell and explain to your dad about bitcoin slowly , and tell him how MLM is or anything that you know about it, let him know bitcoin by himself Correct,comparing MLM and bitcoin would be good because your dad will surely could able to tell the difference between two things.Good approach and precise explanation will surely work if you do make efforts on explaining it to him.Bitcoin has good benefits to its users and theres no way to compare it to MLM coz those are real scams. |
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Soon banks will adopt Bitcoin, people will put their bitcoin on bank and the same story all over again....
I dont think soo that banks would able to accept bitcoin and government will not approve such act hence bitcoin is decentralized and also people would not surely tend to put bitcoin on a bank because being anonymous is really a great feature for me and why bother to put in the bank,? you are just exposing your identity especially when you do hold lots of bitcoin.To OP, banks could possibly freeze your account if you do have violations. |
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Im also down with the all altcoin I invest in. All price are
dumped right now, seems my investment will take long
to earn profit. But, as we all know bitcoin has becoming
volatile its price, its increasing its price thats why altcoins
dumped. Sadly, I should wait that price of altcoin i invest
with will high the price.
We should really wait to the next price increase because its not really an ideal move that we would panic sell on those altcoins we bought which is a waste of money if we proceed such actions and its better to hold off because those will surely increase again but we dont know when.You are right most altcoins now are tending to drop its price because of bitcoins price inflation. |
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Haa Haa , i see guys getting pissed off as Monero Rank high in Value over ETH. This happen mate and next may be after a year the same will happen with Monero what will remain is BTC. What i believe in next is LISK , maybe it will give us some tough time. LISK do have potential but i dont think it could able to go over Monero on rankings and we could all see that xmr is being used on dark net and its already understandable that it could even grow even more.Looking on the situation of ETH its really a normal thing for me and its the best time to buy now. I meant to say that may be in coming years (1 or 2) lisk can over take XMR. Well no one really knows if LISK could able to surpass XMR in upcoming 2 years. Lets just wait and maybe we would get be surprised if there new altcoins will pop out and even surpasses XMR,LISK,ETH and other altcoins out in the market. All things have possibilities. |
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Haa Haa , i see guys getting pissed off as Monero Rank high in Value over ETH. This happen mate and next may be after a year the same will happen with Monero what will remain is BTC. What i believe in next is LISK , maybe it will give us some tough time. LISK do have potential but i dont think it could able to go over Monero on rankings and we could all see that xmr is being used on dark net and its already understandable that it could even grow even more.Looking on the situation of ETH its really a normal thing for me and its the best time to buy now. |
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I trust no-one.
I withdrew all of my balance 1 month ago from the banks. Left only a small portion just to pay my bills and other payments. Rest is mostly in gold and cash and some bitcoins.
Banks always can go bankrupt and even if your balances are secured by the governments, who are they anyway, i don't trust them neither.
Banks could possibly goes bankrupt anytime no matter how secure they are. You are right we should really not trust banks at all and its much better that we hold off our own money rather than letting those into government. Bitcoin is a good option but you should really took up the risk of lossing money when price deflates.In the case of op i dont believe that banks could easily freeze or hold anyones account. |
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Yes indeed both are necessary to succeed in the trade. We are required to have skills that can have a strategy in trade, so that we can predict with a good price so that could be an advantage. But luck is also needed because of the skill with no luck in my opinion would be futile.
Is it really true that skill with no luck would be futile? Do you know of any one successful lucky trader anywhere? As an experienced trader,I must say that it is very possible to have skills and zero luck and turn up quite successful in trading currencies, but it is near impossible to achieve same with luck and zero skill. Any trader relying hundred percent on luck, isn't really not a trader, his/her veritable place is with the casinos. Yes it is true that the skills of the main factors affecting the success in trading. But that does not mean we do not need luck, professional traders also definitely need luck to enhance their skills to be an profit. So I think to be successful in the trade in addition to skills also need luck, the market is very difficult to predict especially when the economy is unstable. Luck would be still in need even on trading career because implementations of our plans on a certain trade would not be succesful if luck is lacking somehow.I do believe also on your insight regarding luck on doing trading yes i agree prices are too volatile having knowledge and experience would be an edge but there are really times that prices will go on opposite way if you do have luck and able to get out on earlier time then its already considered as lucky. |
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Usually, I'd take advantage of the situation and would gladly sell it but since I'm keeping myself from spending my bitcoins to keep as many bitcoins as much as possible.
I will not do anything, Just continue to hold my bitcoins as usual. This is just a safe approach, Most traders might take the risk to earn more.
the fluctuation of bitcoin might make your bitcoin which you were holding not worth as much as before thus you've missed many opportunities to keep your wealth stay on its amount and value. holding bitcoin which is volatile also having some risk. even though it's about the value you deserve to get at the current rate of the time Thats why we need proper calculation upon buying and dont make nasty decision about it, and try to buy at the lowest price if possible so if it will go down you can still have a higher chance to retain back your losses and if that pump well a higher chance of good profits we can get for certain good instance, but actually i believe on holding for now since price show's good flows for now and maybe we can see.outers.all time high at this point. Holding off bitcoin will be ideal for those users who bought on $500 price i guess hence the lose will not be possible as of todays because we all know that bitcoins price wont drop like that low again even what bad news will come out it may dip its price but not low as that. Short trading on bitcoin will give you profits not just on holding it for long term.When bitcoins price shoots up then its time to celebrate. |
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Double your money in two weeks and you can even start with a penny?
This is ridiculous,this is this their campaign slogan to entice those who wants to make money fast
and thinks that this is the new bitcoin..
People are very crazy promoting this stuff on facebook
even showing the price increase ..
Regarding on facebook,it really shows sometimes on my timeline regarding on TBC which you could able to make money in the future or even makes you millionaire on next year on just holding TBC and they place a chart which the price increases everyday for 5% and i say to myself WTF. |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness. Emotions is really a big problem with doing trades because it will affect you psychologically and if this will happen to you, you could not able to decide properly and might be derailed on your listed plans or methods that you should do thats why its really hard when you let your emotions overcome you when you are in the middle of a trade. |
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My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
The 10% profit strategy... It's not enough to don't get cocky. The big loss streak can come anytime, even while you are making you 10% profit. You need to create a good method to make safe profit, making some different configurations like chance to win, increase bet on loss, payout amount... This way you can win without much danger, but if you are only using martingale, the risk to get cocky is high. But instead of it, it is better than nothing, and also if we are using little amount, especially in gambling, if it is near about 10%, so it is good because if you win less, so it is better to lose all. Even i always suggest play gambling with a small amount, because in it, we have small risk. Playing on small amounts is really good so that the risk of being broke is less too but there are really people would really love to bet high amounts and high multipliers and they dont mind about it as long they have chances ow winning thats why most of them really lose up on the end. Self control is a big factor on playing gambling because without it you will always chasing your lose or being greedy. |
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Bitcoin is online's digital currency no one has control on it, in present situation bitcoin is not going to die because in some countries the have legalized bitcoin usage. Never expect anything in this world as free even with bitcoin also, nobody din't bitcoin is going to be more costly but today it is. Don't think about tomorrow you will not digest.
Yes I agree with you that bitcoin is not going to die tomorrow or next month nor next year if it is even possible maybe 50 years from now but there is no guarantee. We just need to accept the fact that bitcoin is clear as a glass has a value and people love it. But if in case bitcoin will die tomorrow then i will cash out all my bitcoin today. How will you cash out if you wont know that it would die tommorow?Possibilities of being broke by bitcoin will surely happen but as you mentioned thats its clear already that bitcoin would really last for more longer years because people do really use bitcoin and also it really helps a lot and gives us convenience regarding on online transactions and people do really love it regarding on this project or innovation. |
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I am sorry if this is a stupid question but as you say you support Ethereum,does it mean we can also trade all Ethereum based Altcoins like ICN etc? I have few ICN that I want to sell
Unfortunately, no. Ethereum-based tokens other than Ether require special development. Ethereum support will be launched in a few hours. ICONOMI tokens will be available later. Stay tuned! Glad to hear that ICONOMI will be included later. Just want to ask also if XAURUM will be listed too?I believe on this coin and its being traded already on previous months. Good luck to this exchange hope it will succeed and develop even more. |
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still no reply from OP  You've been scammed, learn from this, and hopefully you will not be scammed again. This is lesson must be learned by anyone scam incident has been scattered everywhere and we must don't believe on online investment since for me there's totally no real among them and i don't see any site can nor people can give that profit for just waiting, so lets wake up from reality that theres no easy money in this world all need hardwork and efforts, and those offering to good to be true profits and monthly with no basis and proofs of legitemacy is scam. When i see this thread on the past i could say that its a legitimate one because of the payout that he has given to its investors with proofs and also have videos. If its a ponzi then its really hard to detect it from the very start since the return on monthly basis is not just that high compare to those ponzi sites out there but as ive read OP is not already responding seems it turns to scam or any other reason why OP cant able to reply. Lets wait before we fully decide regarding on this matter. |
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