I also hope, but the value increase is much slower, I think at the time of halving the speed will increase and at that time we can expect that price within a few days.
even though the price is much lower right now in my opinion the price is going to grow really soon thus allowing me to make some good profit easily, i htink this year we might reach a new all time high Yes price is not moving at a moment, but we should keep faith that it will rise in coming months, not sure whether price will be higher or lower at halving, so holding and waiting is an best option. |
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Advice, tips, speculation please.
My advice.Never "invest" it in gambling.  Never put all investments in one project.It`s a more propper risk management. By the way,where did you get that much btc? That's true better to stay away from gambling to keep your bitcoin safe in long run, you can trade with it grow your coins or the best option is to save it for future. |
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If someday i can find a job that provide much bitcoin on that job, i will thing about it. But i'm not sure job in bitcoin can go for long run. I think it's better to stay on your day job.
Yes bitcoin is good as an extra income, and we cannot afford to depend only on it for living as price is not too high now and we are also not sure what will be the price in future. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
simple if somebody will make a big dump in the market, i should buy some more as much as i can for hold it till the price rise. Yes that is the right thing to do, and now price has stuck at a single point since long time, so I don't think price will rise sharply in next coming days. |
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To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins. Maybe in a few years' time we might see shops slowly accepting bitcoin as payment. But you are correct in saying that there's just a small number of people using bitcoin because mostly people are still more comfortable with their traditional ways of using money. no need to wait for it because now you can easily find a store that accepts bitcoin as a payment there's even some a real store. I mean, not an online shop. Not in all countries you will find a real shop to spend bitcoin at a moment, as where I live there is no single shop that accepts bitcoin as a payment system, so if I have to spend then I need to convert it to my local currency first. |
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What advice can you give to someone who wants to earn bitcoins online ,however not through faucets
A steady way to earn some Bitcoin is by buying them when the price is not that high, then you just have to save to for some time and wait for the price of the Bitcoin to go up. Then you can sell some of them to make some money that is the strategy that I make use of. steady ways aside from faucets is to offer your service if you have skills mate you can provide that here and you will be rewarded a good amount of btc signature campaign as well most of us here earn from the campaign and if you are lucky go and try some of your luck dong gambling better play safe and bet little. yes it is so and for me the most steady way of earning bitcoin is to join a signature campaign. because to me signature campaign is the easiest way of earning bitocin have no element of losing money. That is right, with signature campaign we will not lose any money and it do not need any investment, so poor people who neeed money and students who do not have money to invest can also earn some amount with that method, and if you join a signature campaign from an established and successful company then it will be your steady income for years. Signature campaign is really good to earn steady and stable income, but the fact is at a moment its difficult to participate in any good campaign as enrollment for new users is closed. |
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Well I just convert it into fiat. Here in Philippines we can easily sell our bitcoins via coins.ph and have the fiat delivered to us. It is kinda easy compared to the others that needs external money sending site to send money. Yeah bitcoin is very easily converted to fiat currency, so whenever I am in need of hard cash I transfer my bitcoin to my bank account using localbitcoins as it is transferred withing few minutes. |
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Well I don't got any big problem in using bitcoin. I just don't like sometimes the speed of transaction confirmation but it is still good. Well its not that big of a problem but it is sometimes irritating when the btc is urgently needed.
Yeah its really irritating at the time of emergencies when you desperately need bitcoin, but rest of time I think its well and good and there is no other major problem involved in bitcoin. |
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I think now there is time to rise. These days bitcoin kept stable. and some experts say that bitcoin will rise significantly after halving occurs.
I hope that it will really happen, as price is not moving as we wanted to and I am holding my coins since long time to sell at higher price but I don't know when that moment will come. |
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It is now time to wait and to hold on because the halving is coming pretty soon and most people are waiting for what the price is going to be after the halving.
Maybe the price is going to drop and you can then buy some coins for allot cheaper so I suggest that you wait a bit longer.
Holding is indeed way better you can now just hold your bitcoins and make some nice profit with just this. Also another fact is that if you are holding there is a good chance of making some good money with the halving that is indeed coming. Yes even I am holding my coins for halving hoping that price will be higher which will help me in earning some extra profits from it, as investment at this stage can be turned out to be risky. |
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The future of paper money seems to be good to me as I don't see it going anywhere and there will be certain portion of population who will keep on earning a living with it and will prefer to spend.
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Don't really know, maybe when i will be sure that bitcoin can make my life better and my earnings will be bigger than on daily job, i will become a full timer.
I think there are many people who already have a better life because bitcoin and they helped with bitcoin. but few of them are working full time in bitcoin? possible consideration not only that? they may be unsure of the future of their jobs in bitcoin? it should be considered I am one of the people who have a better life now thanks to bitcoin. Maybe you can do fulltime working for bitcoin payment if that is stable. Lets say an online hotel researcher or browser where you will be paid with this currency. But looking for a boss that havr that kind of business will be hard. You don't need a boss and I think you shouldn't get a job that requires a boss, because it is like a daily job you'll be getting. You will work with this boss while he's seating and waiting for you as an employer to finish. I think what you need is a contractual work. Well it really depends on how you are going to work for bitcoin full time. If you are an owner of faucet site or miner or even a gambling site owner. Then it is a good source of getting full time job with bitcoin. But for me, don't quit your daily job. I am not sure how much investment it requires to be a owner of faucet or gambling site but I think it will need huge capital to invest and that is not possible for majority of us. I think you only need 2 btc at all, 1 btc for building up your faucet site including the fees on the hosting and other tools as well. And 1 bitcoin for a starting capital for the payment for the visitors to your site. I don't think that will allow us to make good income from it in compare to our day job, as many users feel that faucet is waste of time, and to earn good money from it we also need good traffic on the site. Yeah but it is better if you are going to try to work it out why you are still working full time in daily job. And it is not about being faucet visitor. It is about building up your own faucet. And once you got a lot of visitors advertisers will come to your site and will pay you good amount. Managing faucet sites in part time can also be done, so for that we don't need to quit our job as its always good to have multiple sources of income. Yeah that's it. You can just do it for part time even you have your daily job just work for it if you have free time. Then you can just earn out of it pssively. Once you are going to have a lot of visitors and advertisers to you site. Yes and it can be a good source of additional income along with your full time job salary, its always good to earn more and bitcoin is allowing us to do that by investing very little time. For me you really don't need to quit your daily job and you must know what are the possible outcome that you can get if you are going to work for part time with bitcoin. Having multiple source of income is always been better. Exactly having multiple source of income will also multiply your wealth and can give you good and comfortable life in future as full time job will take care of you and your family and earning from bitcoins should be saved for long term. |
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for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol) I wonder if there will ever be any retailers that only accept bitcoin. I hold almost all of them,but i take my profit and gamble them,i dont change it to USD for example. BTC is actually my hobby,and i dont care if i lose few just to have fun rolling the dice  anyway i could go smarter and book my profit out of investments At this stage you cannot afford to loose even a small amount of coins as by only holding you can make good profits at halving in compare to gambling and there is no risk in holding like gambling. Holding not guarantee will give you a profit all of that still has not been proven and I think holding also have at risk for losing. If you are holding for long term then you can earn profits from it in future but not sure whether holding till halving can be profitable or not as price is not going high at a moment. |
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i feel like the price is going to be much higher after the halfing has passed. maybe wait around 3 months after the halfing to get the best price and sell then.
I also think the bitcoin is gonna increase for sure because of the halving and that is also why you should not sell any bitcoins. Its just not smart to sell your bitcoins right now, I think you will lose profit with this. If you sell now then you will earn less profits but if you hold till halving and sell at the time of halving then you can earn higher profits, so hold it till the halving event. I think we are not sure what is the price will be after block halving now i am afraid of decreases because many cloud mining site are turning into scam and i think it can result to more dump price..because im sure cloud mining owners and investment owner they will sell all their earnings from scamming people. that can result crash for the price of bitcoin.. Yes and I think that halving will not have that high impact on the price we were expecting, and may be we may see even more decline in price in coming days. |
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I will invest bitcoin I have. I would trade in the world bitcoin. and investing in gold in the real world. it will generate. I believe.
Investment is good hope, but truly it has high risk if its a long term plan. Better is to find trusted users and lend getting right documents. Physical investments is much safer in compare to online investments, as chances of getting scammed is very rare in real investments, but investing in bitcoin site is not affordable. To get rich with bitcoin, you will have to invest in a bitcoin investment site. Its not very easy to find such an investment site which can give you profits only and will never scam you. And in fact, there is no that kind of site at all. Only exchange sites are trusted to get rich with by just selling and buying of alt coins. But if you are referring to the investment that without doing nothing. There is a promise that you will going to earn and get returns higher within the short period of time. Investment sites are ponzi, and I will never invest my hard earned coins into it as I am pretty sure that those sites will disappear in future, instead I will invest in trading sites. Exactly, all kinds of investment sites that are saying you are going to get profit by just simply depositing bitcoin to their wallet. It is just a scamming site. Only exchanging sites are the trusted investment site to do trading of alt coin. Yeah but if you are planning to get rich with trading bitcoin then you need to have good capital to start off, as if you invest more you can earn huge profits even with a small fluctuation. thats true, though i think that you will have to wait a long for sure to make profit even with a big capital for the beginning, in my opinion it is a really hard thing i dont have a big plan for that but i think i will try to earn as much bitcoins as possible and then hold it all in order to make a lot of money in the near future hopefully Yeah and this is very good time to collect maximum number of coins, and it will be even harder to earn it or buy it in future when price will be really higher. |
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yes bitcoin now in my daily life.. even i spend bitcoin for cut my hair buy pizza and much more..  and the main thing is i'm addicted on it !~! unfortunately i dont have any shops that accept bitcoin in my hometown thus i cannot use the money right now because in this way i would be able to use my coins easier i dont spend any bitcoins in my daily life right now unfortunately though i hope that in the near future i will manage to make a lot of money out of that even though i cannot use it The problem with bitcoin is that it cannot be spent in daily life at a moment, to spend we need to have place and that is missing, but it is definitely helping us to save those coins for future. |
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I am just starting so I really don't know how to get bitcoin. A friend just told me about this website so I can learn more with this bitcoin thing.
Don't really know where to start. Maybe I will just google it.
Thank you.
You can check services section where you will find many ways to earn bitcoins, and you can choose any which best matches to your skills and start the journey with bitcoins. |
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Sometimes my friend ask me to teach how to get bitcoin but i do not know how to start to teach them very difficult to says. I just give advice to self-taught if want to know how to get a bitcoin browsing and read an article about it.
That's right if they are interested but what if they aren't. That's how tough ways go, you need to have a longer patience answering all their questions and doubts about bitcoin. Perhaps they are interested with bitcoin but they don't know how to make money with bitcoin, your as a friend should to help them of course it will help bitcoin too. Yeah everyone have heard about bitcoin but the fact is they don't know how to use it or earn it and that is the reason they are not using it, but if we teach them in right way it will definitely help them in long run. |
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To those who are thinking that the price is too much high and bitcoin is not a safe investment currently, this is my last reminder that please get into the train before it's too late. You will cry in the end.
Not all can afford to buy with current price, as for most of the users this price would be definitely high and will not prefer to buy with current price. |
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I probably won't be selling my Bitcoins for a long period of time, since I'm going to be holding and waiting for the value to go up and Bitcoin to have some of the same value it did beforehand, or to go beyond it. Depending on the trend from this halving and whatever happens in the future within the community, I might hold it longer than whenever it hits $1,200, mostly because it means Bitcoin will become a more noticed investment in the future.
$1200 is not easy to achieve, it will long time to reach there, and if you are expecting this price from halving then I don't that is possible in such a short time. |
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