pereira4
Legendary
 Offline
Activity: 1610
Merit: 1183
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September 08, 2016, 02:50:32 PM |
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Just keep hustling man, what else can we do? Im thinking about making more bitcoin 24/7. Im going insane trying to find up with ways to make more money, or else i'll end up dead on the streets since I can't pay for the bills and jobs pay like shit anyway. So I hope Bitcoin is at least 50k each in 5 to 10 years or else im done.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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tygeade
Legendary
Offline
Activity: 2100
Merit: 1058
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September 08, 2016, 03:17:27 PM |
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thats true you would need a really long time to become rich with bitcoins to be honest because the price grows really slowly only
That is why you need more source of income. Just holding some bitcoins on cold storage is not enough to be rich or it can make you rich but it takes a very long time to come true. You should try investments, trading and other source of income so you can become rich faster. Yeah holding will give you profits only if price of bitcoin goes higher in future, so its good to improve the level of coins in wallet by trading with them which will help you gaining regular profits. |
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drwtsn32
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September 08, 2016, 03:24:00 PM |
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Just keep hustling man, what else can we do? Im thinking about making more bitcoin 24/7. Im going insane trying to find up with ways to make more money, or else i'll end up dead on the streets since I can't pay for the bills and jobs pay like shit anyway. So I hope Bitcoin is at least 50k each in 5 to 10 years or else im done.
So you were saying that you are very lucky that bitcoin was invented and you had something better than real-life jobs. Just what would happen to you if it wasn't? I just mean that you do not have to go insane finding ways to make money because bitcoin is not supposed to be main source of income. |
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mark coins
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September 08, 2016, 03:37:21 PM |
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Just keep hustling man, what else can we do? Im thinking about making more bitcoin 24/7. Im going insane trying to find up with ways to make more money, or else i'll end up dead on the streets since I can't pay for the bills and jobs pay like shit anyway. So I hope Bitcoin is at least 50k each in 5 to 10 years or else im done.
So you were saying that you are very lucky that bitcoin was invented and you had something better than real-life jobs. Just what would happen to you if it wasn't? I just mean that you do not have to go insane finding ways to make money because bitcoin is not supposed to be main source of income. There are many people who are full time into bitcoins and it is their primary source of income, and its not impossible to earn a living from it as it will totally depend on your talent and skills that you hold. |
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Crypt0kn1ght
Newbie
Offline
Activity: 28
Merit: 0
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September 08, 2016, 03:41:05 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.  I am a realistic person and I know at current rate I can't buy more than 2 btc.I will soon buy 2 btc and hope bitcoin price goes to $10k in next year so I can become millionaire in terms of my country currency  and I can then buy myself a new car and a small piece of land Better buy small car and big piece of land. Land is not produced any more ) |
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bitdumper
Sr. Member
Offline
Activity: 266
Merit: 250
One world One currency, Bitcoin.
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September 08, 2016, 03:58:43 PM |
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I will buy some bitcoin and hold them till price gets little bit higher and anyway i see people are buying lot of btc nowdays
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SquallLeonhart
Legendary
Offline
Activity: 2338
Merit: 1101
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September 08, 2016, 04:01:23 PM |
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I will buy some bitcoin and hold them till price gets little bit higher and anyway i see people are buying lot of btc nowdays
People are buying because they are aware that it can be the best investment for them, and bitcoin has potential to give them high profits in quick time which is not possible with any other investment. |
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tyz
Legendary
Offline
Activity: 3360
Merit: 1531
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September 08, 2016, 04:46:10 PM |
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thats true you would need a really long time to become rich with bitcoins to be honest because the price grows really slowly only
That is why you need more source of income. Just holding some bitcoins on cold storage is not enough to be rich or it can make you rich but it takes a very long time to come true. You should try investments, trading and other source of income so you can become rich faster. It always depends on the amount you hold. In contrary to gold or other physical value stores, Bitcoin could rise very quickly in a short time. This makes it special to other physical assets in my opinion. If he holds just 10 Bitcoins, it could just be enough so reach a good amount of wealth in a couple of years. |
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deadpoolx
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September 08, 2016, 04:46:39 PM |
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I would collect some more bitcoins and wait for the price to go up, and then, with my earned capital, I would make some new investments to increase my funds.
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sabbirshm
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September 08, 2016, 04:48:33 PM |
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I will buy some bitcoin and hold them till price gets little bit higher and anyway i see people are buying lot of btc nowdays
People are buying because they are aware that it can be the best investment for them, and bitcoin has potential to give them high profits in quick time which is not possible with any other investment. Holding bitcoin is a good way to earn without any work. But, It's a little bit of risky investment. Cause sometimes, for many reason like hacking, bitcoin price fall down to low and then you will lose your bitcoin.But, it's not happening all time. |
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bamboylee
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September 08, 2016, 05:21:19 PM |
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Just keep hustling man, what else can we do? Im thinking about making more bitcoin 24/7. Im going insane trying to find up with ways to make more money, or else i'll end up dead on the streets since I can't pay for the bills and jobs pay like shit anyway. So I hope Bitcoin is at least 50k each in 5 to 10 years or else im done.
I think what you expect from bitcoin is too much. 50K each is way too much. I will be very happy if that happens, but let us be realistic. 10 years is too short time for it to reach that price. Just work hard and smart, invest on the right instrument and someday maybe we can be rich. |
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jak3
Legendary
Offline
Activity: 1274
Merit: 1004
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September 08, 2016, 06:11:00 PM |
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As bitcoin is a special kind of money which is not being seen by till now so i am thinking to be the first one to allow it in my country or you can say my state this action can make me rich
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Vikingr
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September 08, 2016, 10:48:10 PM |
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I will buy some bitcoin and hold them till price gets little bit higher and anyway i see people are buying lot of btc nowdays
People are buying because they are aware that it can be the best investment for them, and bitcoin has potential to give them high profits in quick time which is not possible with any other investment. Holding bitcoin is a good way to earn without any work. But, It's a little bit of risky investment. Cause sometimes, for many reason like hacking, bitcoin price fall down to low and then you will lose your bitcoin.But, it's not happening all time. If the holder is clever and will know about all the security of his wallet then there is now no any risk to hold for longer and especially in this time as the price of bitcoin is increasing very faster and within a week or two we will see the price of it increasing to $700. |
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skylighters
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September 08, 2016, 11:01:41 PM |
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As bitcoin is a special kind of money which is not being seen by till now so i am thinking to be the first one to allow it in my country or you can say my state this action can make me rich
it would be a really great idea to do that in order to become rich because a lot of people would be willing to use their bitcoins in my opinion |
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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September 08, 2016, 11:24:13 PM |
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I will buy some bitcoin and hold them till price gets little bit higher and anyway i see people are buying lot of btc nowdays
People are buying because they are aware that it can be the best investment for them, and bitcoin has potential to give them high profits in quick time which is not possible with any other investment. Holding bitcoin is a good way to earn without any work. But, It's a little bit of risky investment. Cause sometimes, for many reason like hacking, bitcoin price fall down to low and then you will lose your bitcoin.But, it's not happening all time. For holders the price going down might not be a cool thing, but massive fluctuations are a more than welcome happening for traders looking to make some quick gains. That's why you as a holder should also do some trading from time to time if you have the knowledge. I was solely holding Bitcoin, but with every massive price swing I was looking and thinking why I didn't use it in my advantage. That's why I also started with trading. I only trade on days with high volume and enough price swings. No volume and price swings means no trading for me. |
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resilientknight
Member
Offline
Activity: 70
Merit: 10
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September 09, 2016, 07:57:51 AM |
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Collect bitcoin as much as possible and wait for the price increase? yeah it's a good idea, but it's difficult because some people make a living from bitcoin. So every week or month they need to sell bitcoin.
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tabas
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September 09, 2016, 09:48:03 AM |
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Collect bitcoin as much as possible and wait for the price increase? yeah it's a good idea, but it's difficult because some people make a living from bitcoin. So every week or month they need to sell bitcoin.
It depends on how you really need bitcoin daily. If you are a good saver then you are can be rich with bitcoin by just doing it continuously. I can proved that it is a good plan if you are going to keep on saving and just hold your bitcoins. Because there is going to be a price increase that we are not expecting and if you are holding for sure you are going to earn from it. |
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MONKEYJUNK
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September 09, 2016, 09:51:26 AM |
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A lot of people here just holding and holding, well, one day we all will have to sell...
My plan is using the coin to do something new, to grab more people with a good service!
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tygeade
Legendary
Offline
Activity: 2100
Merit: 1058
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September 09, 2016, 09:53:52 AM |
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Collect bitcoin as much as possible and wait for the price increase? yeah it's a good idea, but it's difficult because some people make a living from bitcoin. So every week or month they need to sell bitcoin.
It depends on how you really need bitcoin daily. If you are a good saver then you are can be rich with bitcoin by just doing it continuously. I can proved that it is a good plan if you are going to keep on saving and just hold your bitcoins. Because there is going to be a price increase that we are not expecting and if you are holding for sure you are going to earn from it. Holding is good if you have high volume of coins in your wallet but if you don't have that then its better to trade them and grow the number of coins, more coins will give you better profits in future. |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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September 09, 2016, 10:03:27 AM |
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Collect bitcoin as much as possible and wait for the price increase? yeah it's a good idea, but it's difficult because some people make a living from bitcoin. So every week or month they need to sell bitcoin.
It depends on how you really need bitcoin daily. If you are a good saver then you are can be rich with bitcoin by just doing it continuously. I can proved that it is a good plan if you are going to keep on saving and just hold your bitcoins. Because there is going to be a price increase that we are not expecting and if you are holding for sure you are going to earn from it. Holding is good if you have high volume of coins in your wallet but if you don't have that then its better to trade them and grow the number of coins, more coins will give you better profits in future. No matter what amount you have, it's always a great thing to hold your coins. What is being considered to be a low amount at todays prices, can turn into something much bigger in the future. Holding helps keeping coins off the market. |
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