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It actually depends on the person. If he has money for capitalization in buying the expensive equipments, then go. Buy If you go with it, you really need patience since the way it regenerate money is slow and you need to wait for a long time just to get back your money on your capitalization. But after a long wait, it worth it. On the other hand, if you really do not have that much money, do not do mining.
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#JOIN
Bitcointalk username: airdnasxela
Forum rank: Sr. Member
Posts count: 288
ETH address: 0xa4AfF1D046C67aB81250EdAb3c1316ec2BF61735
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if you have the benefits from bitcoin? you can promote bitcoin in many ways.
-By explaining bitcoin to others, spread the word about bitcoin and take note you must learn more about bitcoin to do this.
-If you have skills in blogging, design, video and photo editing, web design, etc. Create something different out of your skills to promote bitcoin.
-If you have business establishment try to experiment to accept bitcoin currency.
if you have any idea how to promote bitcoins just share here.
There are a lot of ways to promote bitcoin, social media is one of the best way to influence others with the use of bitcoin. Almost everyone is using social media nowadays so it would not be a bad idea promoting it there. Another way is through television which can be both good and bad somehow knowing that some officials might criticize it positively or negatively. |
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*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?
Nobody can predict it yet and it is only the start of the year so we should not jump into conclusion just because bitcoin has not been doing good from the very beginning of the year. We should be more optimistic about the things that will happen in bitoin in the future. We should keep our hopes high for bitcoin this year and even in the future so it may bless us continuously. |
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Guys I know that there are previous posts and polls regarding the highly suggested source of bitcoin but things always change do I want to know what is the current best source of bitcoin nowadays. Please participate on this poll and kindly tell us why that's your choice. Thanks in advance and God bless us more  I think signature campaigns are still the best source of bitcoin for me nowadays. I haven't tried any other ways yet to get bitcoin but I can commend signature campaigns because of its effectiveness on giving me high amount of profits. I am sure that it can be a good source amidst all the risks it have. Be careful still on choosing which source you'll use to get bitcoin to avoid loosing money. |
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I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
We are all aware that bitcoin is the very first cryptocurrency ever made and many people are very into it nowadays since it is very profitable and beneficial. All of that simply shows already why bitcoin is the most popular cryptocurrency. It has faced a lot of obstacles already but we are still seeing it firm and fighting against all odds that some countries are giving it. |
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Hello there one year ago i bought 3 bitcoins but lost them all in gambling... :'(nd now seeing the bitcoin price makes me cryy...
I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
We all know that the value of bitcoin is volatile so there's no such thing as late comers here. As long as you are doing your part and you are working hard then you would get goof profits. The value of bitcoin right now is not that expensive so it can be a good time to buy some of it and get your benefits later as it becomes expensive again then you can sell it at higher value. |
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Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.
I agree, we are focusing more on the negative effects of having bitcoin pumping over the roof these past few days and does not even give us good things and benefits. We should focus more on giving attention on the positive vibes we are getting from here in bitcoin. We should consider the fact that amidst all the dumps, bitcoin is still giving us benefits that may be considered small but is still helping. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving your money in banks is an old way and it can only give you few benefits if you would do so. Investing your money online can give you way better outcomes since it is now the trend and it has been known to be effective on making anyone rich. Investments is better compared to saving which depends on the volatility of a certain currency that's why it's not adviceable anymore today. |
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Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
We are all aware about holding and the benefits you may gain after doing it. I observe first my surrounding before making a move or before holding because the value is not pumping all of the time. I spend my money if I can see that there's a dump coming which helps me evade loosing some of my earnings. I also prioritize investments because I know it would give me more benefits. |
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
Bitcoin is a very complex world and being smart alone won't make you through it that easy. You should be both smart and strategic in order for you to make it big here. Having both would attract more luck and benefits as long as you are applying it well. If you are smart, then you would surely find a good way to earn while if you are strategic, then you will find a way no matter what. |
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
I don't think it would just simply survive after 100 years instead I think it would be part od everyone's daily life as it becomes the world currency. I know that bitcoin has what it takes to become more popular and trusted all over the world. I have faith that bitcoin would be more popular and prioritized in the future and I hope it will really end up being the world currency we will all use. |
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I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.
It is sad to say but this is something that we should set ourselves ready for. Bitcoin is not doing good ever since the year started. Although we can say that sooner or later it would dominate all the other cryptocurreny but still we can't predict if it would really happen. Maybe it's time to invest on other cryptocurrency so that we can keep on earning when the time comes that bitcoin is already down completely. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Both can be a good thing but still investing is way more better than saving since the pumps are very rare nowadays. Investing on bitcoin may be considered risky but still we should consider the fact that the profit you may get from the investements is something that we should risk on. Invest more in bitcoin and you will surely get what you want or maybe you will get more than what you expect. |
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Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?  It can somehow be both bad and good for some reasons since it affects our profit wherein it either make us earn larger amount of profit or lower. We should be mindful with the volatility of bitcoin so that we may know if it will make us benefit more or will make us disappointed. We should atleast be smart and aware with this matter to avoid any unnecessary events. |
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Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
We may consider those happings as something that can make a great impacy in the bitcoin community but that does not mean it would totally affect bitcoin to the point that it will have its biggest downfall. There's a whole lot countries that support bitcoin and demands it that's why we should expect that it would reign even more longer as we keep on supporting it. |
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I don't think so. Bitcoin may be considered very popular all over the world but the chances that it will reign on every individual's life is not something that will happen in an instant. We all know that bitcoin has been banned for some countries like China that's why it is impossible for now to expect that everyone will use bitcoin as an instrument to get out of poverty. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
I will explain to them more some important details on why they should like bitcoin. I will tell them how bitcoin changed my life and how it also turned the lives of the people around him too. I will show them evidence how credible bitcoin is and why he should give it a try atleast and for sure he will change his mind after experiencing the unexpected from bitcoin. |
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The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
Why not? Bitcoin has been a blessing to many of us and giving back through donations for the poor and needy can be a way for us to show our kindness to people. Let us all be kind enough to give some of our blessing to others or else we may end up getting unlucky. Bitcoin changed our lives and we should also help them change ther lives with us as an instrument. |
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I think we should not only expect bitcoin to hit big in the future instead I think some altcoins will also make it and will contribute bigtime when it comes to the monetary aspects of ever country in the world. Bitcoin can make it bigger in the future but some altcoins are already showing potential on taking over with bitcoin. No matter what happens, we should keep our faith in bitcoin. |
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