In my opinion, We need both luck and skills in trading. You cannot have a successful trading transaction without skills and also luck will greatly help you to accomplish it.
But relying on luck is not a wise decision because luck is not always there in every transactions you will made. Better polish your skills in trading instead.
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Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.
Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments? Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities. Yes, physical cash is liked and accepted everywhere, but it is pretty hard to transfer it if you are living at another country or another state. Bitcoin is pretty easy if you take in consideration that you can transfer money in less then a couple of minutes to the other side of the world, with a pretty low fee considering the fees that the bank are charging you for a transfer. You're right, this is the reason why bitcoin is so popular in silkroad, Aside from its low fees, bitcoin is also anonymous so the user will be hard to trace and it's so easy to send money all over the world in just a couple of minutes which is perfect for illegal transactions.
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There are many problems that most bitcoiners face but the most common one is the very few number of companies who accepts bitcoin as a payment and also the people who are aware of it are also limited.
My prediction is in the future, bitcoin will be recognized by many people and many companies will accept it as a mode of payment.
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Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.
Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.
The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.
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There are many articles and free books all over the net so just try searching them on google.
It will be really useful also If you participate in trading discussions like here for example, Because you might found some people who's better than you and learn from them and the same time teach the ones who are new to this
You can learn as many as you want from the things stated above but the best knowledge in trading can be found in your experience so failed tradings are really common in your first time, don't be discouraged by this and learn from your mistakes and keep trying.
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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.
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Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.
I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.
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Is it possible to earn 1000 or atleast 100 bitcoins with trading Altcoins.If I buy some bitcoin at cheaper rate today and it's price goes up in future?Which alt you think has potential to make me 1000 btc
It is possible but it depends on how long do you plan to keep the coin and how much you will invest. And if your chosen coin will continue to improve itself not dump itself . In this case just chose, Bitcoin or XMR, They are my recommended ones.
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I have received the payment Thank You.
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The reason is obvious, Because sooner or later bitcoins price will increase and its going rapidly, Many of us are predicting that bitcoins price migjt go $1000 some time in 2017. So one should buy bitcoins as soon as possible.
That is why bitcoin for me is a long term investment. I'm really looking forward to its future.
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There are many ways why I buy bitcoins like when I use it to buy something online, to send money with low fees and it is one of my hobbies
But the main reason is for investment, Bitcoin has proven itself from the past years that it is a good long term invesent.
I'm taking the risk of buying bitcoin because I believe in its potentials.
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Since bitcoin is an internet currency that can be turn into a actual money. And Bitcoin too is known on Government but still government can't observe bitcoin that good. So I'm thinking if Bitcoin has tax??
Edit: Now I know that bitcoin doesn't have tax but Transaction does.. Where do these Tax go?Government? And what kind of tax is it??
Bitcoin is decentralized and is not under the government that's why it has no tax. Tax in transaction? Do you mean the miners fee? The miners fee goes to the miner who mines the block with your transaction but don't worry miners fee is much cheaper than the fees we have here (Banks, remittance centers etc.)
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HYIP, Cloud mining and gambling are the things that as much as possible you should get away with. Why? Because it doesn't guarantee profits.
Trading, freelancing and joining in a signature campaign are the ones that are profitable. As long as the exvhanger/employer/campaign manager is legit.
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It'll be interesting to see how this ICO and Coin will stack up against similair privacy coins, espeically Komodo which is having an ICO right now too. The best coin will win out in the long run tho The good thing of having a few similar projects running in this industry, is that they are looking to top each other by offering a much better experience than the rival project. It keeps the developers sharp and constantly willing to improve where they can. It will be interesting to see how much the Spectre project will fetch in its entire ICO phase. Yes. It will serve as a improvement material and can give birth to game changers However, Us investors/potential investors are having a hard time choosing the right ICO if many of the same kind released at once. I already added this to my watch list and will see how it goes. This one is perfect for privacy freak like me.
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Hi, I am looking for a way to earn some money without invest(because I am broke), I can dedicate 2 hours a day in that. what can I do to make a bitcoin per month without any investment?
The best way is to try freelancing jobs but it depends on what skill you have/What you can do. Here are some sites you can try, They pay bitcoin. 1. https://www.xbtfreelancer.com2). /r/Jobs4bitcoin (Reddit) 3). https://coinality.comOr you can try on upwork or fiverr. They also have simple jobs. Some advice, Your two hours a day is not enough to make a 1 bitcoin in just 2-3 months. It is much better to just focus on your job than freelancing on some sites. Because you can just buy some bitcoins using your salary and keep it for investment.
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Gambling is so addicting because we all love the quick money things but unfortunately most of them are scams.
One of the proven legit quick money stuffs is Gambling. You have a chance to earn lots of money, Just by playing.
But the chances of making huge money from gambling are actually lower because the house is the one who mostly wins.
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Luck is just one of the factor that can affect the outcome of a game. If you're not lucky, it doesn't mean that the outcome of the game is already decided.
You can still use some tricks and you can also analyze the game.
But if you're talking about dice then I will agree that it is based on luck
If its poker, You can't just depend on your luck because you will certainly lose if you did.
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Global currency is a currency that is accepted for most transaction especially international transactions. And I think as of now its either USD or Euro.
Bitcoin is an alternative payment system and I think it is designed for all transaction to the point that most people call it "One Currency For All"
However, As of now there are a very limited number of merchants who accepts bitcoin but it is definitely increasing so if bitcoin will become widely used all around the world then it can be.
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I can really say that bitcoin is freedom we can earn bitcoin for free from mining and from this forum anyway and just doing so services and other things that involved with bitcoin i can earn bitcoin weekly from trading and from gambling and in signature campaign and it's really free from our country.
I think the aim is not free it, but when you use bitcoin as a currency or keep all your money, with such a one will not be able to touch your money and your wealth, including the government, it is freedom not fully freedom i guess,if you violate your government's rules then they still force you and still could seize your money even it's on bitcoin form see this news and you will realize and learn http://www.bbc.com/news/technology-36412487Of course because there is no absolute freedom. Rules and regulation are everywhere and there are consequences if you break it. That being said, There is also no absolute freedom in bitcoin . People thinl there is because bitcoin has a loose rules and regulation compared to the tradional payment system and is much easy/comfortable to use.
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It is not right to teach bitcoin to kids because they are too young to handle money and they are more interested in playing. Being a kid is fun but its short so let them enjoy their childhood.
I am also agreeing to others that we should teach bitcoin to teens instead. Because I am one of the teens that got interested in bitcoin tho there is only one year left before I reach the the legal age.
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