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Author Topic: What is there to do with bitcoins these days ?  (Read 9214 times)
Catmony
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November 15, 2016, 03:57:43 PM
 #161

Bitcoin is being famous as safe way to store wealth in economic cirsis just like saving wealth in gold/silver before. Bitcoin price volatility make it profitable for traders. Bitcoin as payment gateway merchants can give discounts due to low fee and instant processing. Bitcoin has created good opportunity to send inter country payment in very less fee and time.
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November 15, 2016, 04:04:12 PM
Last edit: November 15, 2016, 05:23:19 PM by deisik
 #162

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 ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

Most likely that poster meant to say that it is no longer possible to make quick bucks and earn thousand percentages of profits in Bitcoin, like it was when one day it cost less that 1 dollar per BTC and then, in a matter of months, it suddenly cost 50 dollars per BTC. Or when it was possible to mine a few thousand bitcoins on your personal computer and now become a dollar millionaire. Those times are long gone, indeed, and you need something more than pure luck, Internet and a desktop computer...

Something more than just turn up in the right place at the right time

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November 15, 2016, 04:08:00 PM
 #163

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 ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

Most likely that poster meant to say that it is no longer possible to make quick bucks and earn thousand percentages of profits in Bitcoin, like it was when one day it cost less that 1 dollar per BTC and then, in a matter of months, it suddenly cost $50 per BTC. Or when it was possible to mine a few thousand bitcoins on your personal computer and now become a dollar millionaire. Those times are long gone, indeed, and you need something more than pure luck, Internet and a desktop computer...

Something more than just turn up in the right place at the right time

Theres one thing that bitcoin holders can do which is endless. Trading is what mostly are doing, you can either invest to an altcoin/token or just buying and selling bitcoin as price fluctuates.
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November 15, 2016, 04:36:28 PM
 #164

Well Firstly it depends on what exactly do you want. Best is to buy and sell, and make a profit over it. Or keep on stocking it up. Or. Try and collect it and make a investment out of it. Or start a btc business out of it. Options are unlimited, but the correct one depends on what your wish is. Not what others want to tell you. Be smart, and wise.
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November 15, 2016, 04:50:37 PM
 #165

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 ?

i don't think that there are some other thing that you can do with bitcoin aside from spending it or holding it and wait for the price to rise for you to get a decent profit after keeping to your wallet . you can also do buy and sell so you can make a profit as well which is other people also telling you .
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November 15, 2016, 04:53:26 PM
 #166

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 ?

i don't think that there are some other thing that you can do with bitcoin aside from spending it or holding it and wait for the price to rise for you to get a decent profit after keeping to your wallet . you can also do buy and sell so you can make a profit as well which is other people also telling you .

That is an option. Hold bitcoins can make profit after some time, especially when the halving comes. But there are other investiments to do with bitcoins these days, like lend money on exchanges, borrow money to persons and sites (with escrow).
Or you can use your coins to buy stuff on the internet. It's already possible to find some sites and sellers accepting this cryptocurrency to make your shop. Virtual stuff the same, like online games.

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November 15, 2016, 05:06:01 PM
 #167

These days people see Bitcoin as more of an investment/asset than currency, majority of us believe that Bitcoin would appreciate in future and most people are looking at $1000 price minimum, and attaining this price again will be great for the community and get more people's attention.
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November 15, 2016, 05:20:24 PM
 #168

I think the OP needs to know that bitcoin is as similar as any other fiat currency. Just a whole lot of technical differences are there between the two.

Otherwise you can buy/sell them (trade), try to mine them if it is feasible at your place. You can even invest coins in a legit investment and you can also spend them to do shopping in many online and physical stores.

 
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November 15, 2016, 05:32:01 PM
 #169

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 ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

Most likely that poster meant to say that it is no longer possible to make quick bucks and earn thousand percentages of profits in Bitcoin, like it was when one day it cost less that 1 dollar per BTC and then, in a matter of months, it suddenly cost $50 per BTC. Or when it was possible to mine a few thousand bitcoins on your personal computer and now become a dollar millionaire. Those times are long gone, indeed, and you need something more than pure luck, Internet and a desktop computer...

Something more than just turn up in the right place at the right time

Theres one thing that bitcoin holders can do which is endless. Trading is what mostly are doing, you can either invest to an altcoin/token or just buying and selling bitcoin as price fluctuates.

I agree that trading could potentially bring you handsome profits, but if you had mined a few thousand bitcoins without any significant expenses and efforts in, say, 2010 and then sold your stash altogether in 2013 at the price of over $1,000 per coin, I don't think you will be particularly interested in trading a few bitcoins nowadays. Anything that you might earn these days through trading or investing would be dust when compared with profits made in the way I described...

So Bitcoin would definitely be a dead horse to you now

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November 15, 2016, 09:34:21 PM
 #170

There are soo many places to invest and play with your bitcoins thats is hard to choose the best way, but casinos, dices sport betting, exchange, forex, you can risk your coins into them, you dont need a big capital to get a revenue, some people does buy and sell bitcoins and just.
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November 15, 2016, 09:38:35 PM
 #171

There are soo many places to invest and play with your bitcoins thats is hard to choose the best way, but casinos, dices sport betting, exchange, forex, you can risk your coins into them, you dont need a big capital to get a revenue, some people does buy and sell bitcoins and just.

Ya it is true that we can risk by playing in gambling but in sports betting if you do some research and analysis of match and teams then you can make profit. Apart from that now adays their are so many new ICO are coming you can take part and earn some more bitcoins
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November 16, 2016, 03:30:40 AM
 #172

In the country of mine is one of the leaders in the world with  having an excellent Bitcoin infrastructure built in.
So I have lots of things to buy and what I can to do, I can even buy a yacht if I decide so.

That is pretty sick dude, I think that the fact is also that what can these days not be bought anymore with the bitcoin.
A week ago I saw someone selling his Rolex for bitcoins..
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November 16, 2016, 06:04:06 AM
 #173

There are soo many places to invest and play with your bitcoins thats is hard to choose the best way, but casinos, dices sport betting, exchange, forex, you can risk your coins into them, you dont need a big capital to get a revenue, some people does buy and sell bitcoins and just.
I think growing bitcoin bitcoin is not just put on a website or any investment, there are many things you can do with your bitcoin, try to create a business that is associated with bitcoin?

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November 16, 2016, 06:11:11 AM
 #174

There are soo many places to invest and play with your bitcoins thats is hard to choose the best way, but casinos, dices sport betting, exchange, forex, you can risk your coins into them, you dont need a big capital to get a revenue, some people does buy and sell bitcoins and just.
I think growing bitcoin bitcoin is not just put on a website or any investment, there are many things you can do with your bitcoin, try to create a business that is associated with bitcoin?

Well first in order to do things with bitcoin and maximize its potential, we should know what bitcoin really is and the reason why it is created.  With that we can then define bitcoin usage and use it where it will excel best.  Like for example, bitcoin is created as currency, so it is just to use it to buy stuffs, use as fund for investment project and many more.

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November 16, 2016, 06:36:40 AM
 #175

There are soo many places to invest and play with your bitcoins thats is hard to choose the best way, but casinos, dices sport betting, exchange, forex, you can risk your coins into them, you dont need a big capital to get a revenue, some people does buy and sell bitcoins and just.
I think growing bitcoin bitcoin is not just put on a website or any investment, there are many things you can do with your bitcoin, try to create a business that is associated with bitcoin?
there's a lots of internet base transaction that we can use bitcoin nowadays that's why many adoption has been made
the easiest way to send money and the fluctuation that can grow your money is a gamble but passive income to be
created.
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November 16, 2016, 06:41:34 AM
 #176

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 ?
Actually these days in Bitcoin is famouse for its increased price that is results into down rate of other altcoin , So here we have the best way to use Bitcoin is to buy some altcoins for future to make profit .

Buying altcoins can become profitable and in the same we can lose a huge amount.Make sure we doing a research first before we buying any altcoins in huge amount for saving and selling it at futurr when the price already rising.This is because many pump and dump scheme in altcoins.
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November 16, 2016, 03:24:51 PM
 #177

Start trading with bitcoin and you will see your money growth in few fold within 2 3 years. Also you can  try gambling if you could take risk. If you know any trusted investment company you can invest in that company. But maximum investment sites are scam and mostly meant for money laundering. Best is to use bitcoin for buying online goods with ease unlike banking system.
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November 16, 2016, 03:30:45 PM
 #178

well you could do anything with bitcoin. you could buy goods, do trading for making profit, you could also lent your bitcoin to others for getting extra interests. or you could throw away your bitcoin. it's all upto you. you are the bank of your money do anything you want.
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November 16, 2016, 03:52:00 PM
 #179

well you could do anything with bitcoin. you could buy goods, do trading for making profit, you could also lent your bitcoin to others for getting extra interests. or you could throw away your bitcoin. it's all upto you. you are the bank of your money do anything you want.

That is true, you have your control with your bitcoin. If you wabt it to grow, you can invest or trade in exchanges. But i think to be safe, you can leave it there and wait for the price to rise if you are planning for a long term gain.

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November 17, 2016, 08:29:23 AM
 #180

Ask the question yourself. What to do with money? Obviously no money no honey, money is everything so it's same with bitcoin. Bitcoin is also money so you could do anything as you want. May be you could buy goods online, pay bill through bitcoin you could put your bitcoin in investment sites to make profit, you could also lent your bitcoin to others to make some handsome amount of money.
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