SilverPunk
Sr. Member
Offline
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
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June 19, 2016, 08:04:33 AM |
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I believe that simply holding bitcoin can make a lot of people rich - if they have the patience and a large capital to start with. However, a lot of people get scared just because the price is bottoming.
Have patience in BTC and you'll be rewarded.
Can you give me an idea how much money should a person owns before to be consider as rich? Please keep in mind that becoming rich can't be take it to a "simple" method like "simply holding" like you stated. For me having around 100btc to invest or invested money is to be called as rich. And yes i agree on your statement chief that holding is not a simple method ,but if it is holding about 10years and butcoin price continously mark up that was a great profit also to be called as rich. Like 50btc after 10years 100btc above .
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hermanhs09
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June 19, 2016, 09:33:41 AM |
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Well, I don't plan on getting rich with bitcoin however I do plan on retaining my wealth with bitcoin. If I stored my wealth in the fiat system then it would evaporate very soon in the future.
However with bitcoin it's a disinflationary model, which is great.
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DoublerHunter
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June 19, 2016, 10:12:31 AM |
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Plan to get rich, 1st i would keep being hard working, 2nd planning to start the business that it can offer bitcoin as mode of payment 3rd keeping my account active in signature campaign to earn some profit.
Yeah that is what i'm doing right now i also working hard for doing some signature campaign and i'm always saving bitcoin to earn some profit by holding them (especially now) and if i think that i get enough profit i will start my own business like what you said to continue earning bitcoin .
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zodin
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June 19, 2016, 12:43:19 PM |
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Plan to get rich, 1st i would keep being hard working, 2nd planning to start the business that it can offer bitcoin as mode of payment 3rd keeping my account active in signature campaign to earn some profit.
Yeah that is what i'm doing right now i also working hard for doing some signature campaign and i'm always saving bitcoin to earn some profit by holding them (especially now) and if i think that i get enough profit i will start my own business like what you said to continue earning bitcoin . i also have no flat money to invest in bitcoin. therefore i am earning bitcoin from a signatre campaign. but still i have determine to invest in bitcoin after earning and saving a goo amount of bitocin.
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justdimin
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June 19, 2016, 08:05:45 PM |
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Plan to get rich, 1st i would keep being hard working, 2nd planning to start the business that it can offer bitcoin as mode of payment 3rd keeping my account active in signature campaign to earn some profit.
Yeah that is what i'm doing right now i also working hard for doing some signature campaign and i'm always saving bitcoin to earn some profit by holding them (especially now) and if i think that i get enough profit i will start my own business like what you said to continue earning bitcoin . i also have no flat money to invest in bitcoin. therefore i am earning bitcoin from a signatre campaign. but still i have determine to invest in bitcoin after earning and saving a goo amount of bitocin. Don't worry there mate, I started the same way as you do. I didn't actually invested any money to bitcoins at first and got my first coins through faucets and signature campaigns and after about 2 months, I got 0.20 BTC and holding on to them was the best choice I've ever done because I saw the value steadily going up.
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sk00t3r
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June 19, 2016, 08:17:51 PM |
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Plan to get rich, 1st i would keep being hard working, 2nd planning to start the business that it can offer bitcoin as mode of payment 3rd keeping my account active in signature campaign to earn some profit.
Yeah that is what i'm doing right now i also working hard for doing some signature campaign and i'm always saving bitcoin to earn some profit by holding them (especially now) and if i think that i get enough profit i will start my own business like what you said to continue earning bitcoin . i also have no flat money to invest in bitcoin. therefore i am earning bitcoin from a signatre campaign. but still i have determine to invest in bitcoin after earning and saving a goo amount of bitocin. Don't worry there mate, I started the same way as you do. I didn't actually invested any money to bitcoins at first and got my first coins through faucets and signature campaigns and after about 2 months, I got 0.20 BTC and holding on to them was the best choice I've ever done because I saw the value steadily going up. If you don't want to experiment with your coins then holding is the best thing to do at a moment as price is moving up now so you can expect best price at the time of halving.
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tarzantall
Newbie
Offline
Activity: 8
Merit: 0
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June 19, 2016, 08:22:37 PM |
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I want to join a signature campaign.
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sk00t3r
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June 19, 2016, 08:25:10 PM |
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I want to join a signature campaign.
For that you need to work on your account and upgrade it, and if you cannot then you can simply buy higher rank account and that is the best way to start earning bitcoin but earnings from signature campaign will never make you rich.
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praprata
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June 20, 2016, 09:13:50 AM |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. To be honest I do not really plan on getting rich with Bitcoin because I know that the chance is small is so I do not spend that much time on it. If it happens or it can happen that I can become rich with the Bitcoin then that would be nice.
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stromma44
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June 20, 2016, 09:16:40 AM |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. To be honest I do not really plan on getting rich with Bitcoin because I know that the chance is small is so I do not spend that much time on it. If it happens or it can happen that I can become rich with the Bitcoin then that would be nice. If we make efforts now to collect bitcoins for future then I think we can get rich with it, but for that we need to hold very high number of coins and it will also depend on what price is holds in future.
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marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
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June 20, 2016, 09:17:41 AM |
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My plan now is just earn bitcoin and deposit in cloudming that has a promo that lifetime earning. And i will deposit again all of my withdrawal so tha my daily payout will rise. And earn again in another earning ways if i get some funds invest again in cloudming until my daily earning is 1bitcoin thats my goal here in investing.
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sesiah
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June 20, 2016, 09:25:45 AM |
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My plan now is just earn bitcoin and deposit in cloudming that has a promo that lifetime earning. And i will deposit again all of my withdrawal so tha my daily payout will rise. And earn again in another earning ways if i get some funds invest again in cloudming until my daily earning is 1bitcoin thats my goal here in investing.
what's the best cloudming site that is trustworthy, I would like go in but am afraid of missing my btc
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StevensonCarl
Member
Offline
Activity: 85
Merit: 10
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June 20, 2016, 09:30:24 AM |
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I am now holding my Bitcoin for a long time and that is nice because the chance is quite high now that we can make some profit soon and that should be perfect for people who already have Bitcoin. You can even see now that the value of Bitcoin is still rising so that is perfect for people who are waiting for a price increase.
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Ilikechineseefood
Member
Offline
Activity: 72
Merit: 10
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June 20, 2016, 09:36:39 AM |
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Some miners will probably stop their operations for a short time, until the price goes up to such a level where they can make a profit again. That's the worst case scenario. Glad it won't happen. We will definitely see the price go up much higher than current price level. It's the natural law of supply and demand. It will go up.
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Ryananda
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June 20, 2016, 09:41:00 AM |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. To be honest I do not really plan on getting rich with Bitcoin because I know that the chance is small is so I do not spend that much time on it. If it happens or it can happen that I can become rich with the Bitcoin then that would be nice. If we make efforts now to collect bitcoins for future then I think we can get rich with it, but for that we need to hold very high number of coins and it will also depend on what price is holds in future. Perhaps better is to collect as much bitcoin, and bitcoin hold up a long time until the price is higher. It will make us get a lot of bitcoin and huge profits.
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peta4e
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June 20, 2016, 09:45:28 AM |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. To be honest I do not really plan on getting rich with Bitcoin because I know that the chance is small is so I do not spend that much time on it. If it happens or it can happen that I can become rich with the Bitcoin then that would be nice. If we make efforts now to collect bitcoins for future then I think we can get rich with it, but for that we need to hold very high number of coins and it will also depend on what price is holds in future. Perhaps better is to collect as much bitcoin, and bitcoin hold up a long time until tebih prices high. It will make us get a lot of bitcoin and huge profits. Earning huge amount of coins is not easy, if you are already rich then you can buy it and hold for the future as price surely gonna higher in future which will make you rich if you sell at the best price.
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avw1982
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June 20, 2016, 09:46:58 AM |
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I am now holding my Bitcoin for a long time and that is nice because the chance is quite high now that we can make some profit soon and that should be perfect for people who already have Bitcoin. You can even see now that the value of Bitcoin is still rising so that is perfect for people who are waiting for a price increase.
Everyone here collects Bitcoins with a hope that the price will rise soon so that they can get huge profit. But big pump increase in price will take a long time so I will suggest you to invest bitcoins to gain more. Saving bitcoins is a good plan but if you want to earn fast then you have to become multitasker and you have to offer your skillset as a job in services section...
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Ryananda
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June 20, 2016, 09:50:49 AM |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. To be honest I do not really plan on getting rich with Bitcoin because I know that the chance is small is so I do not spend that much time on it. If it happens or it can happen that I can become rich with the Bitcoin then that would be nice. If we make efforts now to collect bitcoins for future then I think we can get rich with it, but for that we need to hold very high number of coins and it will also depend on what price is holds in future. Perhaps better is to collect as much bitcoin, and bitcoin hold up a long time until tebih prices high. It will make us get a lot of bitcoin and huge profits. Earning huge amount of coins is not easy, if you are already rich then you can buy it and hold for the future as price surely gonna higher in future which will make you rich if you sell at the best price. Restraining bitcoin and sell it does take a very appropriate time in order to get a good profit as we wanted. If we are already rich and get a lot of bitcoin might be able to spare a few to start with trading again. It would be good for us in my opinion.
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dearbesz1219
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June 20, 2016, 12:43:30 PM |
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My plan if i become rich with Bitcoins is, i'll put my own exchange flatform in bitcoin world. and giveaways too to the community.
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ning_chang
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June 20, 2016, 02:26:23 PM |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. my plan for BTC. I use it to buy a car, clothes, shoes, mobile phones, and computers, and food, 😂😂😂 that I plan to BTC, and the rest take care of me. what I want to do the rest 😇☺ finished investing more i do not encroach on BTC
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