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Author Topic: What is there to do with bitcoins these days ?  (Read 9144 times)
Supercrypt
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August 25, 2016, 05:41:55 PM
 #81

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
You can literally do anything with your coins, just as long as you know where to spend them according to your wants.

Buy goods, fund your bank account, hire services, etc. Anything you can ask for, you can get for bitcoin.
Dark market is usually where the 'dark' stuffs are found.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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August 25, 2016, 06:04:41 PM
 #82

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
Investing is only better if you find a way to only profit from it. Investing is not "only gain" process, you can lose money as well.
So far holding bitcoin is proven to be the best solution and you can be called position trader by doing so. 
Personally I would rather invest in casinos bankroll investment - I hate volatility of altcoins.


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August 25, 2016, 06:07:57 PM
 #83

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
i never put my money into altcoins, im pretty sure that bitcoin is the best and nothing will replace it
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August 25, 2016, 06:31:31 PM
 #84

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
Trading is indeed a great option to increase the amount of coins that you have, but it's not always that easy to do.

I am more a hodler type of person as my handle also suggests, but so far holding has brought me more than decent profit in the recent time.

The pump to +$770 is a good example that holding does indeed pay off when you buy your coins at lower prices.

BSV is not the real Bcash. Bcash is the real Bcash.
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August 25, 2016, 06:45:05 PM
 #85

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
Trading is indeed a great option to increase the amount of coins that you have, but it's not always that easy to do.

I am more a hodler type of person as my handle also suggests, but so far holding has brought me more than decent profit in the recent time.

The pump to +$770 is a good example that holding does indeed pay off when you buy your coins at lower prices.

But to book profits, you would have had to sell your coins (at least, some part of). If you didn't do just that when the price was at +$770, your reference to this figure is irrelevant since right now the price is at $570. On the other hand, you never know where the true top is...

While the true bottom is, as always, at ground zero

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August 25, 2016, 07:15:56 PM
 #86

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
i dont do that to be honest, i have never managed to make profit with cryptos though i hope it will be possible in the future

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August 25, 2016, 08:54:40 PM
 #87

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
i sometimes put money into altcoins too a lot of them have huge potential to grow and possibly make me some good profit

 
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August 25, 2016, 10:59:10 PM
 #88

If in your country bitcoin not accept yet as an official payment, then save your bitcoin. Wait until some store that accepted bitcoin for payment is open, or some bitcoin ATM is build. And spend them.

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August 25, 2016, 11:56:48 PM
Last edit: August 26, 2016, 12:25:56 AM by BillyBobJoe
 #89

That is simply not true. There is not a single monthly bill I can pay with BTC There is not a single grocery store I can use BTC for to buy food. None of my credit cards accept BTC. I know of no, that is zero, brick and mortar stores, that I know of that accept BTC. There are no gas stations that I can use BTC to fuel my car.

Literally. And I live in one of the 10 largest US cities.
 

 



You can literally do anything with your coins, just as long as you know where to spend them according to your wants.


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August 26, 2016, 12:09:26 AM
 #90

You can use bitcoin for buying or selling someting online as a payment, because many online shops already accepting bitcoins as a payment on that shop and also you can use bitcoin for gambling too these days.
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August 26, 2016, 12:40:30 AM
 #91

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
Trading is indeed a great option to increase the amount of coins that you have, but it's not always that easy to do.

I am more a hodler type of person as my handle also suggests, but so far holding has brought me more than decent profit in the recent time.

The pump to +$770 is a good example that holding does indeed pay off when you buy your coins at lower prices.

But to book profits, you would have had to sell your coins (at least, some part of). If you didn't do just that when the price was at +$770, your reference to this figure is irrelevant since right now the price is at $570. On the other hand, you never know where the true top is...

While the true bottom is, as always, at ground zero

Okay we no need to just relied with one target for selling our coins i think like this if the price in this time is in $570 and sometimes the price will increase for $600 and after it will down again into the same rate and rising again for $590 and i think there is a two point in where we must selling our coins in. maybe if that is correct.
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August 26, 2016, 01:07:42 AM
 #92

Well you cant expect to gain 100$ with 1$, in order to gain bitcoin you need to work hard and determination, not all the member here start with full of cash, some start really from zero but now, they are being able to earn a lot
trading still has the biggest potential to earn with small capital and you also can earn from signature campaign
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August 26, 2016, 01:11:05 AM
 #93

With the price of BTC investors or similar, to proceed as salary need more time
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August 26, 2016, 01:27:43 AM
 #94

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
No Bro Trading Is Giving Much Profit Now A Days if You Do Altcoin Trading Because I Personally Doing Trading and Sometimes the Altcoins Bought By Me Give Me Double Profit.....
So I Suggest You To Start Trading With Your Bitcoins.....
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August 26, 2016, 01:44:53 AM
 #95

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
No Bro Trading Is Giving Much Profit Now A Days if You Do Altcoin Trading Because I Personally Doing Trading and Sometimes the Altcoins Bought By Me Give Me Double Profit.....
So I Suggest You To Start Trading With Your Bitcoins.....
Agreed with you better to do trading that other method like gambling, investing some mining site and hyip, You only need to do is to research what alt coin has a potential to increase its price that is very simple strategy in trading.
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August 26, 2016, 04:50:16 AM
 #96

I did for bitcoin bitcoin today are looking for as much from playing faucet playing games that generate bitcoin.
but it is currently difficult to obtain bitcoin every day,possible impact of the rising price of bitcoin higher,
and to day, and every day I still have to get bitcoin,
Although sometimes I like either using bitcoin sometimes I used to gamble heheh
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August 26, 2016, 04:52:45 AM
 #97

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
No Bro Trading Is Giving Much Profit Now A Days if You Do Altcoin Trading Because I Personally Doing Trading and Sometimes the Altcoins Bought By Me Give Me Double Profit.....
So I Suggest You To Start Trading With Your Bitcoins.....

the bitcoin price is only stable for a short period of time and it will start getting exciting again soon. that is why in these down times the altcoin market is thriving a lot. all the investors go there to make money while bitcoin is slow.

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August 26, 2016, 08:42:08 AM
 #98

Best choice is to save it and wait for a value increase.
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August 26, 2016, 11:10:17 AM
 #99

I have invested my bitcoins in different alt coins at a moment and I am earning really good profits from it and its always better to trade instead of simply holding it.
Trading is indeed a great option to increase the amount of coins that you have, but it's not always that easy to do.

I am more a hodler type of person as my handle also suggests, but so far holding has brought me more than decent profit in the recent time.

The pump to +$770 is a good example that holding does indeed pay off when you buy your coins at lower prices.

But to book profits, you would have had to sell your coins (at least, some part of). If you didn't do just that when the price was at +$770, your reference to this figure is irrelevant since right now the price is at $570. On the other hand, you never know where the true top is...

While the true bottom is, as always, at ground zero


I did actually sell around that price level. If I didn't sell then would I have felt like an idiot as that was the best chance to secure profits at.

Good thing is that I bought them back at the time the price was being dumped down at the time Bitfinex was hacked.


BSV is not the real Bcash. Bcash is the real Bcash.
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August 26, 2016, 11:11:42 AM
 #100

There are plenty of options so to spend your bitcoins.
The best are the ones that make you more. Grin
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