Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
All of us are dreaming about getting rich whatever work it is. And some of us choose Bitcoin to be its way. I and myself earn here at Bitcoin with a great profit and I already used it. And I really lose most it but still I wont give up through thick and thin. I am a risk taker and I will still working at here to earn more profit. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Both of them, but I prefer for Bitcoin first, because I am not expert too at Gold and only some of my stuffs are known for Bitcoin. Im not that familiar about Gold now, I just heard from tounge to tounge so that as of now I choose Bitcoin.. |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
The world of money is huge enough that has a capacity to eat you wholly. If you don't know how to use it you will be bancrupt. To handle it with care you must be a good leader not on people but on your money. Lead your money wisely, dont settle for less but settle for more. You must be optimistic plus wise. Being risk taker and hard working is a must. |
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I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
What impresses me the most about bitcoin? Technically, Bitcoin is not that popular but it strikes me the most because of its unique way to earn money. You just have to post, invest, trade or mining. Its digital way to earn money makes me feel good and excite to engage in bitcoin. I know that it will helps me a lot. |
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I just came over from the 'Investor Games' subforum (hope I got that right). A guy there said he came across a site asking to double his bitcoin, he paid in $20 and got $40 the following day or so. He then went for a higher plan of $300 hoping to cash out $600 but they asked him to pay in another $300 before cashing out. He got confused and was asking for advice.
I think I've been there before. Before I became a forum member. I once came across one of those scam sites promising to generate bitcoins. Thought it was real, but when they asked me to pay some transaction fee, I was stuck. I had no money to pay the fee. With the benefit of hindsight, I know I'd have sent them the 'transaction fee' had I had the coins to send them.
Now, what have been your experience with internet scams?
How do we help people not to get scammed?
Yes, I've been, only once and now, having fear of doing investing in some untrusted site. And being traumatize in what already happened. But now trying to face my fear because I need to earn money for extra allowance. And being wise in here is needed now. |
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Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
CashOut at bitcoin? Here at Philippines we have coins.ph app that serve as our wallet. Which you can do cash in and cash out through selected store nationwide. But in coins.ph you have to be verified first before you can do cash out your money. |
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I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.
+1 agreed. It's a commodity, a digital store of value. Bitcoin is money? Money means something (such as coins or bills) used as a way to pay for goods and services and to pay people for their work. And as long as you use bitcoin for trading and investing and withdrawing, so bitcoin might considered as money. |
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I'm pretty sure less bitcoins are being mined compared to the previous years, otherwise what's the point from the block halving. The demand is clearly coming from different types of people, investors, people who want a way out of the banking system, Darknet users, gamblers etc. and in these area, compared to fiat, bitcoin is much better.
People today are more link about social media. It constantly strikes us from a simple posting and inviting the links they have. And some of us are practical and willing to earn on its easiest way. So that Bitcoin are easily to share on media and it becomes more popular. Its digital currency are more likely catchy by the eyes of many people that using mobile phone you can now deal with it. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? I still do posting and if i had a chance to do investing I should take a risk and by this time I would be more wiser to do not scam by the others. Business is always taking a risk. So if I would earn so much here I would go for business. |
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What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?
If bitcoin stops, all transaction will be closed. All our investments will hold and all the members will still be a member but the cant dk nothing for the company to work. You just wait for the comeback of bitcoin if that will happen. Thats the only choice we can do is to wait and do yell if you want. That fact will hurt to us. |
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Hi btkers , discussion about the relationship between governments and cryptocurrencies.
Why don't governments officialise the use of cryptocurrencies .
Can these cryptocurrencies affect countries economy?
Yes, it can really affect to the economy of the country. Because government cant liquidate the money in the world of bitcoin. It might also be people do depositing in bitcoin rather than banks. The supply and demand of the money will decreases the factor in economy basis. Because cryptocurrency are its own world or should I say has its own government. |
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
We all know that tere is no permanent in this world, so maybe bitcoin will too but it will take a long period of time. When bitcoin will end, I guess the why to be it will end is that it will updgrade its system for a better transaction. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Yeah, bitcoin reduces unemployment. Many people after they graduated they are difficult to find job. Here the answer for their problem, bitcoin is here for us, it helps us to earn money in simple way of investing and posting. You only need to be patient and wise everytime. |
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No, even though it will rise its price unxpected. Increasing its price and demand is not means of tendency making banks to be clos, yes, their customer will be decreases its number but still they are someone left and consistent in them. |
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Hello Guys. These days bitcoin has reached a new high like never before and for sure many governments are are taking notice on it.
I'm from algeria and in the new 2018 county finance rule they labeled cryptocurrency transactions as illegal and that happen also in morocco and other countries i believe . the reasonby was that crypto could be a way of moneylaundring for criminals .therefore my question is ,if most of the countries made dealing with cryptocurrencies illegal, would that mean the end of it ?
Maybe NO, Still people are making secretly dealing with Bitcoin if that will happen. They are trying to do secret transaction to get income. Even its difficult they will do it because you can easily earn money by posting and investing. And for sure, mang people will do rally to make it not happen. |
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even when attacked from the inside by blockstream/core it just forks and offers two chains. at least one will continue delivering p2p electronic money to the people with low fees. maybe both? we'll see. Yeah, of course. Bitcoin is unstoppable. Even though its price is volatile and unexpected. Its price and value are getting higher and higher to make its called unstoppable. |
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Bitcoins can be used to buy stock subtly. Similarly, worldwide portions are straightforward and ratty in light of the way that bitcoins are not settling to any country or subject to control. Privately owned businesses may like them in light of the fact that there are no Mastercard charges. A couple of individuals basically buy bitcoins as a wander, assuming that they'll go up in regard.
Why Bitcoins? All of us wants to have a good and nice job after you graduate. Some people aren't lucky to have a nice job after commencement. They wanted to go the field they supposed to be. Bitcoin sould help us, it is convenient and flexible, your own time is yours. Anytime you can do as long as you acquired and finished an assignment before deadline. You can work with it with your mobile phone and internet wherever you are. |
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What do you think a about it? is it good or bad for bitcoin?
They always have two consequnces in life. And this two may apply in it too, advantage and disadvantage. Disadvantage, when Bitcoin user is well increasing the speed of transaction would be slower because of many people who wants invest their money. Advantage, when Bitcoin user is well increasing the value or price of it will be increasing too because investors are well high its demand. |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
We all know that Cryptocurrency are entirely volatile especially Bitcoin that we are using right now. Why is it volatile? Because it is probably that demand and supply are depends on the consumer. If many consumer are investing it will rise its value but some investor are holding their money so that the money flowing in the blockchain would be lessen. Bitcoin value would not be stable. |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
They give now inspiration to the who would be like them. They are now teachers and guide in bitcoin who teach to be wealthy. They can buy whatever they want from the money they worked hard. This can be a sign of give thanks to bitcoin. |
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