Bitcoin Forum
May 08, 2024, 12:17:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 »
601  Economy / Trading Discussion / Re: How I can make money with cryptocurrencies? on: October 16, 2017, 12:55:52 PM
Hello guys,
How are you everybody?
I am very interested to know about how to make real money with cryptocurrencies.Can anyone help me please?

Thanks
There are few way how you can make money in cryptocurrency world. First way is that you buy, lets say Bitcoin  and hold it for as long as you want. Price will probably rise and from that you will earn money after selling. Second way is from trading. Buy one crypto and trade it for another, and try to make profit from that trade. You can start mining some cryptocurrency. Also you can join some signature campaign or start doing some jobs for cryptocurrency.
602  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 16, 2017, 10:49:41 AM
bitcoin and bank both can be mutually cooperative in order to be mutually beneficial. bitcoin will not be popular without the role of the bank itself. as we know payment transactions using bitcoin can not be inaugurated by all countries. bitcoin is increasingly in demand by its users because this type of digital currency is valuable if it can be redeemed into the local currency they use by way of bank work that facilitates the exchange of bitcoins into local currency in each country.

For me, I don't see any reasons why banks will not going to adopt bitcoins in one of their services. At least in the future, because bitcoin really has very big potential future in the financial and investment industry. However, based on research, people who are holding bitcoins are more into using it to accumulate more bitcoins than using it to pay for some small transactions online.
You are correct and correct. In near future banks will adopt bitcoin in to their services, I mean why wouldn't they. Banks have their bad side and i think we are all aware of that, but I also think that they are necessary evil... at least for now, and probably in future too. It makes me sad to see that most of people that deal with Bitcoin are into it because they can earn easy money. Bitcoin could be much more than that, and I hope that in future it will be. With Bitcoin popularity growing, there will be more and more places where you would be able to spend your Bitcoins, and for that we do not need banks. There is possibility that Bitcoin will be end to the banks, but it is less likely.
603  Bitcoin / Bitcoin Discussion / Re: Should I invest now or wait a while? on: October 16, 2017, 09:11:43 AM
Hello. My advice to  you is to wait for price drop. It will happen for sure befor implantation of SegWit2x , it will be similar like it was on 1st of August. Some people will panic sale which will bring price down. But after SegWit2x pricd will jump even higher than it is now. That is my advice, rest is on you. Oh yes, one more thing, do not let your emotions guide you.
604  Economy / Speculation / Re: I See bitcoin at $10,000 before end of this year. on: October 16, 2017, 07:59:49 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
There will always be people that doesn't like something about Bitcoin, and that will have small impact on Bitcoin and its communiy. But things like Amazon accepting Bitcoin, oh boy that is good news indeed. Price will go up, that is for certain, but i don't think it will go up to 10000$. More realistic price would be around 7000-8000$ .
605  Bitcoin / Bitcoin Discussion / Re: BTC or BCC or BTG on: October 16, 2017, 06:55:13 AM
That is almost like you asked "Why do we need Reebok and Adidas when we have Nike" , at least something like that. Bitcoin was first of them, than after some time group of people decided to depart and make their own cryptocurrency like Bitcoin. Bitcoin was root of them, look on it that way. To be honest what i think made that separation was greed, but that is my opinion. I support Bitcoin, but who knows what will happen in the future. Maybe BTCC or BTG becomes better than Bitcoin.
606  Economy / Speculation / Re: Next 5 year for Bitcoin on: October 15, 2017, 08:11:49 PM
Bitcoin will likely keep being number 1 for at least another year, yet it will be surpassed by other new cryptocurrencies with better technology.
And this is normal and it's how technology works. Bitcoin is the gateway to other cryptocurrencies now, therefore it will be strong for now but as soon as other exchanges start handling other cryptocurrencies or even better, as soon as people starts getting paid in cryptocurrencies, there won't be a need to buy bitcoin before buying other cryptos, so the marketcap for bitcoin will decrease.
yes we also can hope that even the bitcoin will be number one currency, but i think still we cannot say anything about it, because 5 years is really avery big time and anything can happen in this time. I think we can only hope that bitcoin will even continue reaising at that time because bitcoin stiall has very good potential to increase.
Bitcoin changed future and people look on currency. Bitcoin brought something new to people and for that it will stay in history forever. But i agree with Hifarrer. As he said, one day Bitcoin will be replaced with new technology, and that is just matter of time. That is how technology works, new and better things comes and replace old ones. There is no doubt that Bitcoin will be role model for future world currency, one currency for every part of the world. But that will not be Bitcoin. How much Bitcoin will it last, who can tell for certain...
607  Economy / Speculation / Re: BTC hit $5600+ on: October 15, 2017, 02:18:44 PM
I guess that you know the answer your self. Best thing you can do is keep holding your Bitcoins. Price has jumped a lot in past few days, maybe now it will drop a bit too. After that price will rise again, and after segwit2x it will rise for sure. I would recommend for you to hold them, don't sell your Bitcoins before new year. I believe that till end of this year price will rise up to 7000$, maybe even more.
608  Economy / Trading Discussion / Re: how improve trading on: October 15, 2017, 11:55:00 AM
There are many things that person needs to know before he or she starts trading Bitcoin or altcoin. First you need to learn what make price go up and down. Second, you need to follow worlds happening, because that will have impact on price also. When trading Bitcoin for some altcoin I would always check price of that altcoin and how often does it fluctuate. According to that you will know how much that coin is worth, and is that a good thing for you. Always look for your needs in first place.
609  Bitcoin / Bitcoin Discussion / Re: What Is Your Bitcoin Dream? on: October 15, 2017, 09:31:17 AM
Few times I have been thinking what I would like to accomplish from dealing with Bitcoin,  but never have I  thinked enough and deep. It would be great to have business that does not demand your full atention, so that you could do other things. It would be nice to have a log cabin near small lake with good view of some mountains. My dream is to lead quite and peaceful life, but for something like that we need money. And there Bicoin comes in story. If Bitcoin could provide all that... well i would make my dream come true.
610  Bitcoin / Mining speculation / Re: I want to start mining bitcoin,please help on: October 15, 2017, 07:51:31 AM
All depends how much money you have? If you want to mine with your personal computer, than I would suggest to forget about mining Bitcoin. It is not efficient enough, you would use more electrical power than you  could mine. But if you have money and want to invest in mining equipment, I can suggest Antminer S9. Didn't use it my self, but I heard they are good. One more thing, before you do anything, think and check things twice. Learn everything you can. Good luck!
611  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 15, 2017, 06:08:53 AM
For me its very risky. Given the fact that Bitcoin is volatile and the govenrment does not yet fully accept Bitcoin, putting all your money into it may break your financial status. As the saying goes, dont put all your eggs in one nest, theb you should put your money in some other investments as well.

There are a lot of other investment instrument than Bitcoins. You can try stocks or bonds which talks about rates also or be an active forex trader. Or if you have bigger amount of money, create a business or be a bulk buyer and investor of real estate.
I think that is really realistic advice, but I am not sure it is that much risky as you think. I mean it could happen that countries forbid using of Bitcoin, but that would be only temporary like it was in China. For now Bitcoin is still in gray area in many countries, but that won't last forever. But I think it is safe to invest in Bitcoin, but not all money he have, that I also don't recommend.
612  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 14, 2017, 05:18:26 PM
Depends on how long are you goting to hold it as Bitcoin. Buying Bitcoins and holding it for long time has proven to be great thing to do. Many people has made small fortune that way. Price of Bitcoin is always fluctuating, but there was a lot more ups than downs. I guess that money you have is your saving and that you won't need it in near future? I would advise that you buy as much Bitcoins as you can. It is possible that price jumps up too 8000$ till the end of this year... at least that is my opinion. What ever you decide to do I wish you good luck.
613  Economy / Trading Discussion / Re: Patience and Holding on: October 14, 2017, 01:21:49 PM
well, now might be the right time to be patient, and calm, in holding bitcoin. it is possible that bitcoin prices will rise above the $ 6000 price in the near future. Well, this month really gives the holders a big advantage
Yeah, really a big advantage. Those who hold their bitcoin patiently are so lucky because they are now gaining profit. Now, bitcoin price has $5600 price and it will possibly reach until $6000. There is no impossible with bitcoin because a lot of people are now trusting bitcoin.
There is nothing impossible with bitcoin. The growth happening with bitcoin is very big than other investment schemes available through shares and fiat schemes. Holding always benefit the user, an example for the same is the recent incident mentioned by an user who bought at $4300 felt of selling when it went low to $2900, but somehow managed to hold and now got the profit. So without doubt holding always benefit in  short or in the future.
Holding Bitcoin has always proven to be best thing to do, unless you are in trading business or in need of your money. So far price was always going up ward, there was some downs but Bitcoin price has always menage to go up at the end. Controlling our emotions, that is something that is necessary in Bitcoin world, and something we should all learn. Because emotions can lead us to panic, and panic lead to panic sell. We all know what is panic sale, and nobody like that. Be patient and hold your Bitcoins, to the point when you need that money.
614  Economy / Economics / Re: What would benefit bitcoin more? on: October 14, 2017, 09:42:30 AM
There is little that could be done to advertise and help Bitcoin grow. There are some technical problems that first needs to be solved before it could be used in every part of world. It is not just how well Bitcoin is known, more important is where you could spend it. To improve it first we need more places to spend our Bitcoins. After that everything will fall in line on its own.
615  Economy / Trading Discussion / Re: when do you buy ? on: October 14, 2017, 06:38:29 AM
I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)
When to buy and sell is most asked question in trading. And to be totally honest, no one can predict for certain when is best moment for either. Yes all people wait for lowest possible price before buying, and i guess that depends from situation in world, so it could be a day/week/month. By following news and other things about Bitcoin, people can predict what will happen with the price. For example, you can wait for things like panic sale, in that moment price will for sure go down. But what i would say at the end is that, it is always good moment for buying Bitcoins. Price will always go up, and with that your profit.
616  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: October 13, 2017, 09:17:56 PM
A good businessman does not put all his funds into an investment and that apply to all investments, not only bitcoin. I wouldn't advise you to put all your eggs in one basket so as not to suffer loss in the future. My advice for you is to invest a certain percentage of your income and put the rest to savings.


I agree with you, it would be too risky putting all founds in one place. For now Bitcoin has always delivered higher price, and there is no doubt that it will keep on rising... at least that is what i think. But wise man never puts all his founds in one place. Even if percentage for losing is low, that doesn't mean it is impossible to happen. Wise man take all possibilities in concern and act according to them. But I must admit that sometime leap of faith is needed for someone to succeed.
617  Economy / Economics / Re: Should I stop Buying BTC? on: October 13, 2017, 08:35:30 PM
Even Bitcoin doesn't pump all the time. When this pump is over it will deep. It will be worth more than 5000 USD in the future, that's true. But why buy it at 5000USD, when you can get it cheaper after this pump finishes.
There is another question here, what if when this pump finishes price of Bitcoin stays more than 5000$? I have seen cases like that few times not. I think that it is always good time for buying Bitcoin, because no matter how much you pay, price will still be going up and up. I follow Bitcoin for few years now, and few times i thought it would be wise to wait and buy at lower price. Most of the time i was wrong, because price keeped on rising, and I always thought that i should have bought when i had the chance. Therefor, buy if you want and have founds to buy.
618  Economy / Speculation / Re: $6000 comming through on: October 13, 2017, 08:09:47 PM
Bitcoin has a huge potential, and i think we can all agree on that. And for those who do not thing that way, than just look at price and growth of Bitcoin and you will understand. To be honest i did not expect such fast rise of price, I mean i knew that price will hit 5000$ sooner or later, but it happened faster than i thought. And even after that price rise up to 5700$. You could be right when you say that till the end of this year we could see price of 10.000$, it is not impossible. Damn, that would be something. I joined Bitcoin community when price was around 700$, if someone told me that price would rise to 5700$ i would not believe him, but here we are. Cheesy
619  Economy / Speculation / Re: Next 5 year for Bitcoin on: October 13, 2017, 07:08:44 PM
Five years is a lot of time, and a lot of things could happen which could also affect Bitcoin. But let speculate. So far Bitcoin has risen so much, and that show us that Bitcoin is supported by people all around the world. From that we can say that Bitcoin is here to stay. How much it will stay in peoples life... well it is hard to say for certain. So far we also have seen how Bitcoin changed and is still changing world. In few years we could be witness of Bitcoin becoming world currency. We could see Bitcoin in every part of the world. With all that we could also see price of it rising high, which makes me happy. That are just some basic things, there are a lot more, and also there are bad ones too.
620  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 13, 2017, 05:08:27 AM
Bitcoin is going very famous in future because bitcoin gave a lot of profits to people and it will have a great affect on bank because in future more people will start investing in bitcoin and saving money in bitcoins.
Yes, Bitcoin is becoming really famous and liked by a lot of people all around the world. But do you really think that big companies like banks will just stand by while Bitcoin is destroying them? Banks always go where the profit is, and with that known it is just a matter of time before they start dealing with Bitcoin too. They will offer credits in Bitcoin like in any other currency. Banks will not go down so easily, they will last long long time.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!