As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?
Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?
Yes, I would like to use the profit I am earning from Bitcoin into something profitable offline. And as you've mentioned about different industry, I would like to invest all of it into an agricultural-related business. I think it would be profitable, and also, my family has a background on it and we have a small business related to it, so I think it will give me big return of investment. |
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
That's because there are still people that are not awared of cryptocurrency. There are still countries that don't recognize it as a currency. That's also why we need to encourage more people to become ine of its users and more investors to invest in Bitcoin. It will surely make Bitcoin popular, that'll also make its demand and market value higher. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Nope. There are lots of currencies; regular and digital. Bitcoin is under digital currency, maybe it is the 'strongest' cryptocurrency but not the strongest currency. Regular currency has physical value and Bitcoin doesn't. Also, regular currency has a stable market value. Maybe in the future, Bitcoin will be one of the most used currency because we're now on digital age, but still, in my opinion, it is not yet the strongest currency. |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Backdrops usually and oftenky happens. Bitcoin is volatile, change on its price is always expected whether it will increase or fall. Ofcourse, those who are not new on this 'business' will say that we don't need to worry because eventually, it'll be back to normal, which is indeed true. After consecutive dumps, Bitcoin now reached approximately 4100$ and will still be increasing for the next years to come. So we don't need to panic just be patient and see for yourself what will happen. |
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Hi, I was checking if there is still any way to make any bitcoin using your twitter account. I saw there use to be this service https://birds.bitcoin.com/ but somehow when i try to login it remains blank so am thinking probably not available anymore. So does any of you guys use any method to make bitcoins with twitter? Would appreciate if you could share some ideas  Thank you, rrege Yes it is possible with twitter. Usually, profits using twitter will be earned from social media campaigns on most of the Bounties. Actually, I don't yet join any of social media campaigns. But knowing others who already experienced joining twitter campaigns, I am willing to research about it. The profit is high based from them. And it is not that hard, you only need to have a certain number of twitter followers and ofcourse time to spend on that campaign. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
In every investment, risk is already expected. As if you want to get profit, be ready for a high risk. There's no such thing as low risk with high returns or profit. If you are planning to buy Bitcoin, it will be a good idea since its market value is continuously increasing as time passes by. There'll be a hardfork to happen in the month of November, which means of possibility that its market value, as well as its price will increase after the fork. |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
After 5 years, based on the things that are happening on the growth of Bitcoin as of this moment, it will be more successful and might be priced at 10000$. It's not possible, since Bitcoin now is priced at 4100$ and there's a hardfork that will happen in the month of November which will make its value even higher. The problem that we might face is if there'll be another crypto that will be more populer and more indemand than Bitcoin that might negatibely affects its price if that will happen. |
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Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
Ofcourse it's not yet late to buy Bitcoin. Bitcoin's value still continues to grow from time to time. It's your choice if you'll wait for backdrops before buying Bitcoin, because you may buy at this moment and will still make profit out of it because as I've said, it is continuously increasing, so whether you'll buy at this moment or not, you'll surely gain profit. |
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Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
It will depend on the user. Bith of it will give its user big profit. Just by saving your Bitcoin for a period of time, you'll already making money from it. The same with spending it into an investment, you'll also make profit but faster than holding your Bitcoin but a bit risky. But you may research about good investments that will give you assure profit to avoid losing money on investing. |
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Today a question came to my mind that which site will be more profitable a gambling site or a dating site? Actually I want to find out that in which place people are more interested and where people mostly want to go to get fun.
Obviously, it's the gambling site that is more profitable. Gambling involves money, ofcourse. Lots of people are into gambling, to the point that it is cosidered as addictive. There are already lots of gambling sites, so even if it's already given that gambling sites are profitable, it will still depend on what kind of gambling site you are into. It must be different to others, or atleast it has something that other gambling sites don't. |
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1. Its gaining mainstream credibility as industry players consider it as the new gold Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. 2. Many investors and finance industry experts are serious about the promise of Bitcoin A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class. 3. There is only a limited amount of Bitcoin There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time. Source here. These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above. Those are all true. Investing to Bitcoin will surely give profit to its investors as well as its users. Bitcoin is continuously growing. Its demand and market value is still rising. We should encourage more people to invest in Bitcoin for its demand to continue rising. If we will be able to encourage others, there's a huge probability that it will be legal to most of the countries in the future.It is a good investment because there are lots of ways to make profit out of it. Just by holding your Bitcoin, you will already earn big profit, so it is really worth investing. |
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Hi,
Hope I posted in the right board and totally new to this investing bitcoins.
I got under 0.1 bitcoin lending on poloniex but rates are too low for a good return.
Where is the best place to Invest bitcoins with the best returns and lowest risk?
Thanks,
You should try investing it to altcoin trading but it won't suit to your standard of gaining high profit with less risk. There's no such thing in cryptocurrency, if you want to have a higher income, you should expect for having risk. Risk is involved on investing and trading. So, to somehow lessen the risk ,study about different alts to trade and in which will you earn more profit to avoid losing money. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
In my opinion, it would be more popular. Maybe, it is why governments doubt about making Bitcoi and other cryptocurrency, legal. And the possible reason is that, its price changes from time to time which won't always be an advantage. If the change is making its value high, it is good but there are times that its price is falling. If it will be stable, or better if highly stable, it will be more popular to most countries and people because the risk of losing money on investing to it will be lessen. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
There's a probability that it will happen someday. But more years will come before this thing happen. Bitcoin is currently dominating the cryptocurrency, it is now more indemand that it was before that made its market value more expensive. Also, it community became larger. And the reason ehy Bitcoin remained the no.1 crypto is because of its large community. If a new crypto will rise with a bigger community, it might be the reason of Bitcoin being replaced as the no.1 crypto. But i think it won't happen for the next years to come since Bitcoin is continuously growing. |
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I just want to know how to join in the campaign and how to earn a money, 'cos I need a money for now for my family financial support and for my future also. Please, Share your knowledge to me Go to the altcoin marketplace thread. You will see lots of campaigns. All you have to do is to choose and join. Wait for your account to be accepted, and follow the no. of posts to make. Finish the campaign and wait for the tokens to be distributed. There are lots of campaigns. The tokens that are distributed can be traded and converted into Bitcoin or fiat depending on its market value ratio of convertion. |
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Is it allowed to use and trade Bitcoin and other currencies in North Korea ? and is there any North korean members of this forum ?
Because I heard even the Internet connection is only available for a few number of people there
Yes it is allowed to use and trade Bitcoin in North Korea because recently, Bitcoin is legalized into that country. North Korea is now one of the countries where cryptocurrency is legal, together with japan wherein it is also legal. There are more countries where Bitcoin and other cryptos are legal, and hoping that there'll be more in the future. |
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hey...I want to know easily earn btc from online...can you give some tips about it...someone only tell me that earn btc easily bt they not given any tips...plz...anyone help me
You may earn free Bitcoin in faucets but others are saying that you will just easte your time. The other one is thorugh campaigns which most of its users are earning profit because there are only few of its users that invests and trade to earn Bitcoin. In campaigns, you'll just join and finish the campaign. Once it is finished , tokens or reward sill be given to the participant. You may trade your tokens to Bitcoin or Fiat to earn profit. |
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What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
500%? you are talking about number of people that can resist selling their Bitcoin at this moment where its price is high. It should be 100% and below. I think, the holders that can resist selling is about 40% and maybe they're the seniors because they know more about it. They are awared that there's more, that it will still increase than its current price. Even if its current market value is high they will still for a bigger price because it will give them a larger profit. |
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How much do you think of bitcoin price by December?
For me, I think the bitcoin price is going to be worth anywhere between $8k - $10k
Share with us how much do you think the bitcoin price is going to be worth by December and why?
There are already predictions that there'll be pump in the month of November. I think we will reach the 5000$ mark or more. These assumptions are caused by the hardfork that will happen in the month of November. Since the recent hardfork which happened last august 1 made Bitcoin reached the 4000$ mark in just a short period of time. So everyone is expecting that the same thing will happen in November and December. |
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I was a little bit of trouble getting my bitcoin, karna is still new, please help master What do you mean? If getting your money or to cash out your money, you must convert it to fiat especially if it is not legal to your country and tha's the only way to use your wealth in Bitcoin. Or if you mean rarning bitcoin needs to have a capital, there are ways such as bounties and signature campaigns. You won't need to have a capital. All you have to do is join a campaign, finish it and wait until the tokens are distributed. |
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