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Question: What is the best source of bitcoin nowadays?
HYIP - 8 (1.1%)
RevShare - 4 (0.6%)
Cloud Mining - 21 (2.9%)
Trading - 356 (50%)
Gambling - 42 (5.9%)
MLM, Tables and Binary - 7 (1%)
Others (Signature Campaign, Your Skills, etc) - 274 (38.5%)
Total Voters: 712

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Author Topic: What is the best source of bitcoin nowadays?  (Read 195054 times)
conected
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December 04, 2016, 11:58:47 AM
 #361

Mining is unlimited. You can always have Bitcoin thanks to mining. People nowadays spend money to invest in some junk projects and gambling without thinking wisely about what it can bring to them and what advantages they may have. Putting all your capital to build your own mining system is always the best way which can help you to collect Bitcoin forever.

I don't think it is correct to say that we can always have Bitcoin thanks to mining.

To get profits in mining you need cheap electricity and a lot of capital as initial investment to buy mining equipment, a few thousand dollars in the very least. And you should have a technical expertise and competence in that field if you don't want your investment go down the drain in the end. Mining has been a tough business for a few years already, so it is definitely not for everyone.
Well, if we do not have to charge the electric bill, mining is the best source ever. I think what the OP want to say that we can always have Bitcoin if we mine them. It is not about the cost of mining, it is about how you can obtain bitcoin as much as possible


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December 04, 2016, 12:32:11 PM
 #362

Mining is unlimited. You can always have Bitcoin thanks to mining. People nowadays spend money to invest in some junk projects and gambling without thinking wisely about what it can bring to them and what advantages they may have. Putting all your capital to build your own mining system is always the best way which can help you to collect Bitcoin forever.

I don't think it is correct to say that we can always have Bitcoin thanks to mining.

To get profits in mining you need cheap electricity and a lot of capital as initial investment to buy mining equipment, a few thousand dollars in the very least. And you should have a technical expertise and competence in that field if you don't want your investment go down the drain in the end. Mining has been a tough business for a few years already, so it is definitely not for everyone.
Well, if we do not have to charge the electric bill, mining is the best source ever. I think what the OP want to say that we can always have Bitcoin if we mine them. It is not about the cost of mining, it is about how you can obtain bitcoin as much as possible

With mining electric charge needs to be considered, because the coin generated always have some relation with the expenses on mining a single coin. I believe only very few users were technically skilled and earning good. In majority trading and campaign earnings were the best for common users.

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December 04, 2016, 01:07:23 PM
 #363

I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.

 
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December 04, 2016, 01:18:32 PM
 #364

Mining is unlimited. You can always have Bitcoin thanks to mining. People nowadays spend money to invest in some junk projects and gambling without thinking wisely about what it can bring to them and what advantages they may have. Putting all your capital to build your own mining system is always the best way which can help you to collect Bitcoin forever.

I don't think it is correct to say that we can always have Bitcoin thanks to mining.

To get profits in mining you need cheap electricity and a lot of capital as initial investment to buy mining equipment, a few thousand dollars in the very least. And you should have a technical expertise and competence in that field if you don't want your investment go down the drain in the end. Mining has been a tough business for a few years already, so it is definitely not for everyone.
Well, if we do not have to charge the electric bill, mining is the best source ever. I think what the OP want to say that we can always have Bitcoin if we mine them. It is not about the cost of mining, it is about how you can obtain bitcoin as much as possible

I see what you mean but when the mining reward is eventually halved down to zero, or quite close to, bitcoins can no longer be obtained by mining them directly. It is expected that miners will earn only through collecting mining fees then. Right now fees make only a few percent of the cumulative reward a miner gets when he finds a new block, but their amount will have to grow a few dozen times if only to keep the mining revenue at its current level.
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December 04, 2016, 01:30:04 PM
 #365

I'll go with trading as the best source of bitcoin nowadays, I know there are lots of things for you to get bitcoin but when it comes to more profitable trading would be on top, gambling will do next if you know how to control yourself it's fine to play with it.
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December 04, 2016, 01:40:53 PM
 #366

Some of the users think that they can earn Bitcoins only from jobs which pay in BTC, and from mining. That is wrong. Why can't we do jobs in exchange for fiat, and then convert the earnings to BTC? For example, if someone offers me BTC0.001 for writing a 100-word article, and someone else offers $2 for the same job, then I am obviously going to accept the second offer.

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December 04, 2016, 03:01:05 PM
 #367

Today most of my bitcoins comes from trading then signature campaign.Bitcoin tech me how to trade cryptocurrencies. It opens me to these new opportunity to earn.
I think it depends on the capital amount you have, and secondly your interest and experience, if you have some good money and having good experience in alt coins then it is your best option to go with trading alt coin. While if you have limited bitcoin or almost empty pocket, then you can do earning from signature campaign.
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December 04, 2016, 09:35:09 PM
 #368

I'll go with trading as the best source of bitcoin nowadays, I know there are lots of things for you to get bitcoin but when it comes to more profitable trading would be on top, gambling will do next if you know how to control yourself it's fine to play with it.
I will not disagree with you, trading is probably the best source. But it is not a market that allows anyone to make profit from it, it takes a lot of study to lessen the chances of losses. Even the most experienced traders have problems when trying to make profit from it. It is also important to remember that this requires a significant initial investment.
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December 05, 2016, 11:11:38 AM
 #369

I'll go with trading as the best source of bitcoin nowadays, I know there are lots of things for you to get bitcoin but when it comes to more profitable trading would be on top, gambling will do next if you know how to control yourself it's fine to play with it.
I will not disagree with you, trading is probably the best source. But it is not a market that allows anyone to make profit from it, it takes a lot of study to lessen the chances of losses. Even the most experienced traders have problems when trying to make profit from it. It is also important to remember that this requires a significant initial investment.

It is not even that alone why trading may not be the best source of bitcoins in the long run. Any currency trading, and Bitcoin is no exception to this rule, is basically is a zero sum game. So someone should necessarily be losing and someone else winning. And it is not something like 50/50, it is more about 90/10. I mean that 90 traders out of 100 are losing in the long term, while only 10 are winning.

It looks like everyone is earning profits when Bitcoin price is growing, but once it inevitably starts going down, most people will be losing.
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December 05, 2016, 11:27:46 AM
 #370

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 Wink
I voted for trading though I have never trade yet but all the given options I find trading as best option to get some btc but I am surprised this forum signature is not in the option list as to many people like me,that is also one of the best way to get bitcoin without any monetary investment.Although it requires lots of time on ones part but it is worth it

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December 05, 2016, 11:47:04 AM
 #371

I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.
I can't agree that in trading you can avoid scam. Scammers are everywhere and you never know in what exactly moment they can use you. To me the best way to make bitcoin is investing in bitcoin. If I would buy a 1 bitcoin a month ago today I would be in 100 $ plus. And bitcoin will continue to grow, so today it's the greatest time to invest in this currency.
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December 05, 2016, 01:23:45 PM
 #372

I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.
I can't agree that in trading you can avoid scam. Scammers are everywhere and you never know in what exactly moment they can use you. To me the best way to make bitcoin is investing in bitcoin. If I would buy a 1 bitcoin a month ago today I would be in 100 $ plus. And bitcoin will continue to grow, so today it's the greatest time to invest in this currency.
Holding bitcoin is also a good idea since you have just to wait for the bitcoins price to grow and you could able to gain profits and if you dont like to wait then investment would be the best thing to do.Trading is the best way yes scammers are everywhere, you cant be scammed on trading unless if you bought a shit coin.

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December 05, 2016, 01:32:03 PM
 #373

I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.
I can't agree that in trading you can avoid scam. Scammers are everywhere and you never know in what exactly moment they can use you. To me the best way to make bitcoin is investing in bitcoin. If I would buy a 1 bitcoin a month ago today I would be in 100 $ plus. And bitcoin will continue to grow, so today it's the greatest time to invest in this currency.
Holding bitcoin is also a good idea since you have just to wait for the bitcoins price to grow and you could able to gain profits and if you dont like to wait then investment would be the best thing to do.Trading is the best way yes scammers are everywhere, you cant be scammed on trading unless if you bought a shit coin.

Yeah it's something that I think is much better to do and can I make sure that what we get in the holding bitcoin is definitely a big advantage, but it all depends on those who do. Because if they can not have good patience then the profit I'm talking about will not be useful to them. Because what they are doing is a bad thing, or they will give up before reaching the finish line.Indeed holding is profitable, but it is only for those who can control themselves and can patiently wait for it
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December 05, 2016, 01:43:30 PM
 #374

I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.
I can't agree that in trading you can avoid scam. Scammers are everywhere and you never know in what exactly moment they can use you. To me the best way to make bitcoin is investing in bitcoin. If I would buy a 1 bitcoin a month ago today I would be in 100 $ plus. And bitcoin will continue to grow, so today it's the greatest time to invest in this currency.
Holding bitcoin is also a good idea since you have just to wait for the bitcoins price to grow and you could able to gain profits and if you dont like to wait then investment would be the best thing to do.Trading is the best way yes scammers are everywhere, you cant be scammed on trading unless if you bought a shit coin.

You are right holding bitcoin is the best investment ever because you just buy bitcoin now and hold it for a year or more before selling it. Im sure you will gain a ton of profits from it. Well i do agree if yyou will buy dead coin in trading then yyou will loose a lot of profit from it.
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December 05, 2016, 03:59:34 PM
 #375

Holding bitcoin is also a good idea since you have just to wait for the bitcoins price to grow and you could able to gain profits and if you dont like to wait then investment would be the best thing to do.Trading is the best way yes scammers are everywhere, you cant be scammed on trading unless if you bought a shit coin.

Unlike most of the people that replied to your post, I believe that holding bitcoins is the worst way to make money. You're just holding that when you can do other things to make your bitcoins grow. Your 1 bitcoin after holding for 20 years would still be 1 bitcoin but just have different price in fiat. When you did try your best to grow that 1 bitcoin, then you would have much more than 1 bitcoin after 20 years.

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December 05, 2016, 04:05:25 PM
 #376

I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.

I don't think you really do altcoin tradings. Why? Because you said you can't get scammed in altcoin trading. The number of ICOs that turned into a scam is high. You participate in the ICO bounties, and then hold your coins for months hoping for the coin to actually grow as promised. But then after you a couple of days after the coin was launched in exchanger site, you just find out that the dev has already abandoned the project and people are just dumping their coins. The ending? The devs have earned millions while you're left there holding a scam coin that is obviously have no chance of getting revived.

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BitcoinPanther
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December 05, 2016, 04:23:45 PM
 #377

Mining is unlimited. You can always have Bitcoin thanks to mining. People nowadays spend money to invest in some junk projects and gambling without thinking wisely about what it can bring to them and what advantages they may have. Putting all your capital to build your own mining system is always the best way which can help you to collect Bitcoin forever.

You can't blame people in investing in several projects which you see as junk.  But your view does not weight anything because you never knew what is really the reason why people invest in this project anyway.  If you look back at the history of bitcoin, people look at this cryptocurrency as junk, but then what is it now?  So maybe this people had seen some potential in the project and so they decided to invest in it.
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December 05, 2016, 06:10:44 PM
 #378

I'll go with trading as the best source of bitcoin nowadays, I know there are lots of things for you to get bitcoin but when it comes to more profitable trading would be on top, gambling will do next if you know how to control yourself it's fine to play with it.
I totally agree that been into bitcoins for so long one thing is for sure that trading of alt coins and trading with the price of bitcoins is the best way to earn money, though trading of alt coins can be very risky if you are new to it or don't know enough of it.
My bet source though right now is mini jobs and getting some bitcoins.
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December 06, 2016, 09:02:10 AM
 #379

Mining is unlimited. You can always have Bitcoin thanks to mining. People nowadays spend money to invest in some junk projects and gambling without thinking wisely about what it can bring to them and what advantages they may have. Putting all your capital to build your own mining system is always the best way which can help you to collect Bitcoin forever.

You can't blame people in investing in several projects which you see as junk.  But your view does not weight anything because you never knew what is really the reason why people invest in this project anyway.  If you look back at the history of bitcoin, people look at this cryptocurrency as junk, but then what is it now?  So maybe this people had seen some potential in the project and so they decided to invest in it.

If the aim of any such project is to scam in the end, people knowingly throwing their money into these fake projects and hoping to get quick bucks from other people are willingly contributing to future scams. I don't think we can compare Bitcoin with shitcoin ICO's whose sole purpose is deliberate scam. Some people may be unknowingly investing their money, but their number is not large, and most of them lose their investments because they might sincerely want to support the project, not profit through it in a pump-and-dump way.
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December 06, 2016, 09:34:35 AM
 #380

It's a pleasure to see that zero people voted for "Cloud Mining" here. I'm so sorry some folks are still falling for that scam, they should visit bitcointalk from time to time and maybe then they will chose better options for their investments. When I first saw a cloud mining site I was so much excited about their propositions that I wanted to make the deal immediately, luckily I had no coins at the time.

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