Well firstly show them how they can gain easy profit on it and how to use this crypto-currency  You can tell them how quick and easy is bitcoin to tranfer and send money without any information required not like paypal. It will be not that easy, the value of Bitcoin is very volatile, so its not guaranteed that he will be in profit. Moreover its tough in many region to change their mindset. Local small shop owners will not likely take this risk. And yes its much easier and safe to transact, but still its risky and the time taken to complete it sometime is much longer. |
|
|
|
I do not know, maybe bitcoin could not prevent it, even bitcoin may increase crime. Well, excess bitcoin make a lot of people to do things that are illegal. but, perhaps bitcoin able to do that, if used in the best possible. it all just depends on the person using it.
Definitely it can increase fraudulent activities and crime. The volatility and high profit will make people greedy. And as it is not possible for back tracking or claim back payments, people will fall prey in fraud services. But absolutely all this can be avoided, so this is just general assumptions. |
|
|
|
I've never had a problem with them from buying with them through the years and don't really see the source of all the hate for the company. Could anyone go ahead and provide some insight into why people hate it?
Thanks.
I tried to signed in coinsbase but when it is done, this exchange is not affiliated in most country, only few countries. therefore my country is not consider to their site. So I found out its not good anyway, I don't hate Coinbase, but yeah I came across with issues, which were sometimes annoying. Like high fees, and mostly because it doesn't supports local transaction in my country, so I face some issues. |
|
|
|
I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.
Yes, I also think BTC will be known to most urban residing people, but not all in the world. Many government is and will be opposing to this currency. And about using it, not almost everyone, but many will be using it, who are aware of it. |
|
|
|
bitcoin give anonymous transaction, when you make transactions there's no cancel button to revert your payment. i think paypal still better
I prefer to choose bitcoin and love its anonymity rather than choosing paypal's crazy fees and sometimes a delay. Yes, I also like the anonymity of BTC, and also dislike few stupidity of Paypal. But in some transaction Paypal is better than Bitcoin as I can claim back money if goods or services not provided. |
|
|
|
Fast,
Oh really.? Didn't know that. The thing is customer have to wait till the seller gets at least 1 confirmation. And that will take some time. So finding a way to make that fast is a riddle to solve.  Well if you set your miner fees (Like on Blockchain, the confirmation become more faster) Me myselft set it to 0.0001/transaction That much fee what you set also sometimes don't help. Also time matters, if their is no congestion, then the transaction is completed little faster. |
|
|
|
I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?
Yep. That is pretty big to start trading but just put in to your mind that you can loss in trading luck and skill can make you a large profit. I will suggest that you can deposit 0.001 first to know the system of trading and how it will work. Just for one week know all about trading and then deposit the 0.5 bitcoin to formally start your trading. I hope you will make q large profit from it happy trading! Starting from small amount while you are still learning will be good. Actually there is no mandatory minimum amount, whatever you have you can use, but properly. BTC 0.50 is quite enough if you have that much only, and personally its a large amount for me. |
|
|
|
Trading is all about 99% luck and 1% skill trading is not a job. you can earn a lot from trading if you have a trading team to control the market price of the certain coin. the law of supply and demand is use in trading so better look for trading team to start trading. because if you are the only one it is too risky!
How can you make sure that trading is 99% luck and only 1% of skill that you will need because in my opinion those numbers of percentage are for gambling because in trading if you have great percentage of skill then you will win the game. You can start studying about trading from basics to complicated lessons and all of that can help you to understand the market more than you know and you can always make a conclusion which can benefit for you to earn higher amount of income  . Absolutely its not totally luck factor to trade. Yeah there is some point where luck also occurs and works.Blind assumptions requires 99% luck. But most time knowledge, skills are required to flourish in trading. Also daily information about global economy and things taking place around the world is also necessary to keep in mind while you trade. |
|
|
|
|
There is steady flourish of BTC in India in all parts. But yes after demonetization, I read somewhere that it flourished heavily and suddenly in South part and also West part of India. They indicated clearance of money led to the flourish. But yes the casual users are also increasing daily.
|
|
|
|
|
I personally don't trade a lot, I am still in a learning phase, but slowly. But generally I like investing and holding it for long. Till date my earning from trading is quite low. Took help from a friend and went in profit.
|
|
|
|
then it's true that majority is not using debit card but its society are growing fastly to implement technology in their life as you said that the annual increase is huge,even though bitcoin still can be bought through other method and not only credit cards, the percentage of credit cards user in some countries have nothing to do with bitcoin
The number of debit cards will be significantly higher than that of the credit cards, and the government is also encouraging people to use them. But Bitcoin receives no such encouragement. The government actually discourages people from using BTC. Even payments without cards are also being promoted/encouraged to use for paying. And about not encouraging BTC, the mindset of most people is to be safe, so most probably they wont indulge themselves with BTC. |
|
|
|
trading is a good way to get bitcoin or with the investment, however, Both jets require a lot of money in order to get good results. if you want to start from scratch, I think looking for a signature matching, will make you better. although the results are not too many, but it could be a start-up capital for investment or trading.
trading is not easy now. it become very risky. specially altcoin trading. there are lots of scam and fake altcoins idling around all exchanging sites (almost in all) and you can't really decide to choose which one to trade.. but you can still try that if you like. if luck with you. you can earn good BTC. No No,trading not easy but not difficult,why?Because it will easy if we have to campaign and master,believe in yourself.Difficult because they don't read the chart,not control emotions and important is no trust in yourself,so many people fail in trading Yes, trading is not difficult, but there are some factors on which making profit depends. Not only trust, fear of loosing money and inadequate knowledge about market and global economy restricts to profit via trading in markets. And moreover right timing also matters and a proper objectives/goal. And giving up is also ones enemy. |
|
|
|
Yes its possible but keep in mind to do it on a secure way and you can trust the person you are paying for the bitcoins is 100% trusted.
You should do it at a person who already did some sort of trading with this because that its more trust worthy.
Also look at the reviews from someone, look at the forums, search for him/her to gain more info about him, make sure to do it on this forum!
Yes while the other party actually needs to trust the sender of paypal but yeah I have seen cases where some people ask them to send paypal first and never send btc then. While you can charge the funds back but whats the fun in risking your money even for a second. I guess family or friends payment would be fine and then none can claim it back. Better you can find through traders through trading websites. It gives clear description about the trader with feedbacks. This helps you select the right one to make the trade in terms of PayPal than getting into scam traps. Paypal are closing the account who are using Bitcoin for buying or selling as paypal is not accepting any dealing in bitcoin and even the transaction is reversible so be very carefull when you are dealing in paypal Not only they are closing account realated to BTC transactions, they are also problematic with their payment reversible Policy. And also Paypal has very strict regulations in few countries and even doesn't provides service in few countries. It is possible to buy BTC bt Paypal, but its not recommended at all. |
|
|
|
|
Bitcoin will be my choice due to the current situation regarding it. It is very profitable at the moment than Gold, ease of use has also attracted many investors as well as casual users. But yeah many countries tends to block it, so its risky. If I want safety I will go with Gold. But currently with BTC
|
|
|
|
The thing is, people are not able to earn 1-2 BTC even after investing so without investing is out of the table, You can earn 1-2 BTC with some talent or skill but it will be hard for some months, once you make some happy customers, you will earn more. Yup, Investment/Trading is a good possible way to earn that amount of BTC in the said period, but it also requires skills. And if using totally skills/talent with no investment, you have to have hard freelancing skills or other business which accepts BTC |
|
|
|
My prediction BTC will decrease severely after 3 months of raising very sharply, perhaps BTC will drop at a price of $ 650!
Your prediction is very far from what i saw mate hahaha stop gambling and start trading to help bitcoin to be raise and not to be decrease anymore as i can see bitcoin is getting and getting stronger and stonger it cant be destroy by any of alternative coins. It will decrease. I have the feeling about that. The Chinese will do something in order to lower the Bitcoin price such as sell half of the Bitcoin they have. This can cause the big crash in the Bitcoin prices as well as the digital currency system It might decrease, I also think it will but there is high chance that it will increase few more before the value comes down. Many peoples are willing to sell, if quite a few people sells it, it will come down. Even other global upcoming factors indicates it will come down. |
|
|
|
One of the important factors was the economic changes in China and India. Don't forget that more than a quarter of world's population is in China and India. A big chunk of that turned into a better form of currency, Bitcoins.
That's true and acceptable. Bitcoin got fame due to the increased miners in China. On this basis bitcoin has some relation with the China's economic situation. Also now India is playing a big role after demonetization, which grabbed the attention of lots of common people towards bitcoin in a short period. This too an factor for the ongoing price peak. Yes certainly the boost is coming from China miners mostly, as well as the many new users from India. But after demonetization in India, and Physical Gold Investment risk made many peoples think about BTC investments, but not all the common peoples. |
|
|
|
With the way Bitcoin is behaving now which is always climbing upward, I am sure many people are getting their wallets fattened. In 2017, many experts are predicting that Bitcoin would be having its own banner year and so we expect the value of Bitcoin to be on the upswing. It is really the best time to get involved with Bitcoin as the international markets are getting curious with this number one cryptocurrency.
Yes, thats why so many new people come to use bitcoin. Bitcoin is not only use as currency but is also such as good investment too. Probably bitcoin price will rise up to three times or even more in this year. I think it is better to keep earn bitcoin so we will getting rich soon. Definitely the price is going up, and I think it will be going up a lot this year. But yeah there are chances of drop down, but not to worry Bitcoin is getting new users and getting popular for its volatility. And this volatility has make people rich, and will continue to do the same. So best is to hold on with your Bitcoins. |
|
|
|
U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .
No fixed time to sell mate as it is all about the right timing, if you can hold longer then it's better. Look at the price now, I think it's not good to sell now. It's all about having your goal, I mean a written goal that from time to time you have to evaluate if it's realistic or not. By having a goal, you also have a specific plan and to make profit, you must carefully follow your plan and implement it effectively. Not selling Bitcoins if you are investing is quite a bad idea. And yes setting goals and time frame to complete the goal/objectives helps. Selling/Buying monthly is bad, and in investing in fear is also can turn up badly. Buy it when you have money, sell it when you achieve your objectives. Now if Bitcoins becomes a globalcurrency used by worldwide people, then keeping it won't affect anything. |
|
|
|
I don't really have a strategy that I use. I just buy some Bitcoins every now and then when the price has gone down to hold for the long term. That's all I do at the moment. I am not even trading. It's purely holding what I do. I am so happy with my Bitcoin investment that I never look into any other investment. Bitcoin is more than enough for me as I believe in its full future potential.
That is very good to hear. I am glad to see a proud Bitcoin investor in this community. As well as you, I do believe completely in its future potential. By then, it would be much more valuable than what it is right now. Also, I also do not have what investment strategy, I was optimistic about bitcoin, has been good, of course, not because of its price now, but it is not only the value of the future price growth, may replace the traditional currency. I know somebody bought the bitcoin in 2012, and he holds since then. He has made very good profits. Holding definitely helps but just holding might not help always, you have to monitor your investments. Also holding it for too long might not help a investor. Proper knowledge on what you will be investing your money also matters. |
|
|
|
|
Show Posts
