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22
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Other / Off-topic / Re: Do you like to pay bills using bitcoins while staying at home?
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on: October 20, 2016, 11:10:30 AM
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That's convenient. But I would not recommend it to everybody when that happens. I don't like sitting in my computer all day while eating some snacks and clicking on the internet. I would like to have some exercise too.
You made some point there but I believe the author speaks about how much time you can save an money for transportation if you will just pay your bills while at home. When you saved time you can exercise if you want or do other chores it means you can do more activities than just paying bills. If you save money you can buy healthy foods to make you more healthier. So now do you see why the author speaks about the convenience it is possibly the reason. Yeah paying bills from home is more convenient and time saving rather then going physically and paying them, and its not only about sitting in front of computer and spending time on useless things, and paying bills online will take hardly few minutes. |
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23
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Economy / Economics / Re: Passive Income
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on: October 19, 2016, 08:46:21 PM
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To get any potencial passive income from bitcoin you will need to invest, being at trading or your own project, otherwise you will be getting pennies, sure if you do save and invest those bitcoins you might grow them but slowly, soo there is no way to build health into bitcoin without invest.
You can earn passive income without making an investment from signature campaign, no doubt the income would not be higher but it can take care of basic stuffs and can be helpful at the time of emergencies. |
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24
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Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week?
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on: October 19, 2016, 08:43:22 PM
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I may be wrong but I think it is not possible now. It used to be, when bitcoin was worth 200$ or so. At that time if you were a Senior member in a good campaign you could get 0.1 per week. Not anymore, unfortunately. Of course, there are even freelance websites on which you can work and earn btc. However, you have to be a goddamn genious to get hired there IMO.
That's right there were many campaigns in the past that were paying that higher amount on weekly basis to higher rank members but now earning that high seems to be difficult, you can earn it from trading but may be not possible to earn every time. but in present time i there there is not a single campaign that can really give you such amount per week. therefore you can invest your money in alt coins and from there you can make o.1 bitcoin easily.. That's right the days are gone when higher rank member used to earn that amount weekly from signature campaign as after price went higher many campaigns have reduced their rates and most of them have shut down. |
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25
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Economy / Economics / Re: Bitcoin or Gold? What would you pick?
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on: October 19, 2016, 08:40:40 PM
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I would certainly get both, because as it was spoken earlier, each can bring certain advantages that the other does not. Bitcoin fulfills the requirement to provide greater profit potential, while Gold can be a good alternative for the purpose of storing value, in a more stable manner.
Yeah and we cannot afford to put our all money at a single place, its always good to diversify your investment and invest in multiple products to minimize risks in future and to get multiple benefits on your investments. |
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26
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Other / Off-topic / Re: Is any new way here to earn bitcoin very fast?
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on: October 19, 2016, 08:38:24 PM
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I do not think that there is a new way of earning Bitcoin in a very fast way the fastest way is by gambling with your Bitcoin and try to win more Bitcoin.
This is the fastest way but it is also the most risky way because you can lose your Bitcoin as well.
Gambling can obviously be considered a fast way of earning or losing bitcoins but it is not new at all and OP is asking for something new by which he means that should not involve the risk of losing obviously which is not possible at all. Its very hard to find any other way then gambling to earn it fast and as of now there is nothing that can help us in getting it fast, trading can grow our coins but it can also take a long time. |
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27
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Other / Off-topic / Re: What's your least favorite thing about Bitcoin?
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on: October 19, 2016, 08:36:29 PM
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There are only two things that I don't like about bitcoin, the first is waiting for confirmation time and other is the limited usage of bitcoins at physical places and I hope both issues will get resolved soon.
Lack of places where you can spend your coins shouldn't be a problem since you can use fiat for the time being (and most likely many more years to come). If you really want to "spend" your coins, then go for a Bitcoin debit card. It's of course not the same as when you directly spend your coins, but it's an option to consider if you really want to get into it. Yes bitcoin debit card is a best choice at a moment to spend your bitcoins and it will also avoid the issue of conversion fees that you have to pay while exchanging your coins to fiat, so using bitcoin debit card can give us more benefits. |
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28
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Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC?
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on: October 19, 2016, 08:34:23 PM
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Yes cloud mining are almost all scam no must be away from them first off all and if you are not finding a trustable place to invest then there is no need to invest by taking risk because just collecting bitcoins is also a type of investement becuase in future its price gonna increase for sure.
That's true, bitcoin itself is an investment. that's why i just hold on to most of my coins and spend a few from time to time. Yeah holding them is much safe in compare to investing it, but if we can manage to invest is potential altcoins then it will help us in giving good returns on our investments. |
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29
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Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..."
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on: October 19, 2016, 08:32:30 PM
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I may sell some of my bitcoins when price will hit atleast $700 and quickly buy back as i am quite sure there will be some price correction on that point so i will earn good profit. I am day trader so i sometimes sell all my bitcoin and buy back them in cheaper price after correction.
Well I think that is the best way to play with your coins in order to make quick and regular profits and price volatility allows us to do so I think we should not miss an opportunity to sell them when price goes higher. |
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30
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Other / Off-topic / Re: How did you get into Bitcoin?
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on: October 19, 2016, 07:11:24 PM
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It was hard for me to get into bitcoins as I was not getting convinced whether to put my money in bitcoins or not as it was totally new concept for me and initially I found it very confusing.
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31
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Other / Off-topic / Re: 2017 Year of the Bitcoin
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on: October 19, 2016, 07:06:55 PM
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Next year will be the same as this one. Possible without falling in the market, as it was because of hacking bitfinex, but nevertheless will be calm.
I think next year will be more progressive and more developed in compare to this year and we will find many merchants who will start accepting bitcoin as a mode of payment and that will make more people aware about it. |
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32
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Other / Off-topic / Re: what you like best in Bitcoin ?
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on: October 19, 2016, 07:04:16 PM
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for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
pretty much everything and the same has you, being able to be my own bank, look for opportunities to generate bitcoin, offer some of my skills to gain bitcoin, trading, buying and selling, business opportunities which is pretty much big right now, one thing i do hate is not being able to mine in the beginning  There are pitfalls to being your own bank. Ultimately you have to cash it out, as it stand right now. And if you do a large cashout to your bank account, the government'x tax agency will be on you like a hawk for not having declared the money. Think Al Capone. the best things of the bitcoin are that everyone can deal with it you dont have to be smart to deal with the bitcoin you know the only thing you have to know is that you can make allot of money by doing it well. No I think you can earn a lot of money from it only if you are smart as only working hard will not the serve the purpose here, if you want to earn good extra money then you should have that extra talent in you. |
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33
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Economy / Economics / Re: How many Bitcoin do you have saved?
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on: October 17, 2016, 08:45:41 AM
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I only have 75.3 BTC left  Oh man having 75.3 btc and you are saying it with a sad face believe it.If i was holding that much then i would have feeled like one of the happiest man in the world.Or may be you have alot more in the past so thats not huge for you,so situations are different for different people.I have not even 0.75btc right now  Yeah that's a huge amount to hold and if I would be holding that amount then I would be at the top of the world, and I don't think that I will be ever able to achieve that amount in future. |
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34
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Economy / Economics / Re: Invest your bitcoins.
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on: October 17, 2016, 08:43:14 AM
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I will always prefer to invest them on trading sites and may be in future I will try to invest in casino sites but still I am not aware about it so I am preferring to stay away from and will only invest if I have completed faith in it.
Yeah there is many ways to invest your bitcoin like as casino m gambling and trading sites but i prefer that hold your bitcoin for the future and i think this way is very much better than other investment and bitcoin is very safest investment and bitcoin not risky. Holding will not give you profits as per your expectations as holding will never increase the number count of your coins but if you are actively using them in trading then it will give you regular profits and also grow the number of your coins. Holding might not increase your bitcoin but when the price will increase it will increase the value of your holdings. For me, this is the simplest way of investment as you do not need to be active regularly to make money but it requires to put a bigger amount for a better income or profit in the future. Holding is profitable only if you are holding higher amount of coins but the issue is we don't know how long we need to make profits from as it may take longer for it to go price higher. |
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35
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Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever
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on: October 17, 2016, 08:41:09 AM
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You should never sell your Bitcoin all at once because there is this chance that the Bitcoin keeps rising, you can then make even more money even if you have already sold.
Some people think that you should never sell because they will wait for the future to sell.
If you never sell then you will never make profits from it, if price exceeds then your entry price then its better to sell them off and grab the profits as it will definitely go down in future and that would be the good time to buy it again. |
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36
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Other / Off-topic / Re: If Bitcoin price would fall to the bottom, what would you do next?
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on: October 17, 2016, 08:38:13 AM
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I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Then I would just quit with Bitcoin because then there is no reason for me to still be trying to make use of it. I would go and look for some thing else. I do not think that Bitcoin is going to die anytime soon, at least it does not seem like it. If it falls to bottom in future then also we cannot afford to take instant decision of quitting it, its better to wait for a while and keep a close watch on its movement and if we feel that it can bounce bank then we should start buying more of them. |
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37
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Other / Off-topic / Re: how bitcoin is popular in your country ?
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on: October 17, 2016, 08:29:57 AM
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There are some people that do know Bitcoin in my country but I believe that more people do not know what Bitcoin is and that is just because it is not as popular where I am from.
Maybe that it is going to change with in the future but I am not sure about it.
It can gain popularity only if we start talking about it to the people around us and each and every user start doing then it can reach to more people and we can expect higher adoption in future. |
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38
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Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC?
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on: October 17, 2016, 08:27:32 AM
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Do not invest your bitcoins anywhere IMO because all the sites offering investment right now are shady, as bitcoin itself is an investment and any person who will have some amount of bitcoins in their wallet stored they will be rich in the coming future when the price will increase to higher levels.
Yes its better to invest fiat in bitcoins and hold them for the future instead of investing it anywhere online, as its impossible to find any trustworthy place at a moment for making an investment. its the other option to invest bitcoin, but for me i will put half of my bitcoin and send it into gambling site as an investment and not doing anything with that and the other i will lending my bitcoin into the market exchange to the trader so i will get another profit beside i am doing trading on that market. You will put the half of your bitcoin earnings as form of investment? How can gambling be kinds of investment? When you based your spendings in guesses where a proper investment uses analysis of gain and losses. Bets couldn't be considered as a kind of wise decision in which you know you will win or lose it is purely base on luck Yes and investing in gambling is something playing with your own money even being aware that what would be the end result and its something like donating your money for free without expecting anything from it. |
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39
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: October 17, 2016, 08:25:16 AM
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The price of bitcoin is higher and higher each day. Of course I'm bying bitcoins. It's a good way of making money. I've sold my old car and bought some BTC. I think this is a good investition.
yes, the investment is the real purpose of storing bitcoin. you can benefit from doing holding bitcoin. even most people have achieved their dream of bitcoin. i am buying bitcoin for last night and now i am holding and waiting for another increase the price and i hope i can make profit for trading bitcoin pair altcoins. i am buying bitcoin because i want to make a good profit and i am sure that i already did. Buying bitcoins is always good but there is no point in simply holding it as to make profits from holding you need to wait for a long time as no one knows when price will go higher so it should also be used in trade and investments to get quick profits. |
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40
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear?
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on: October 17, 2016, 08:23:06 AM
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The banking system is too stable that bitcoin take its place. I was thinking about the contrary, that bitcoin wouldn't survive.
Bitcoin will survive. Mainly because of the fact that there is a need for something like Bitcoin. It's a multi purpose tool that people love. It's a currency too, investment tool, store of value too, it allows you to avoid dealing with banks and governments, etc. Only benefits. There is no doubt that bitcoin offers us multiple benefits and we are making best use of it but there are many people who are not aware about it and are comfortable in using traditional banking system. |
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