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Author Topic: Why owning 1 BTC becomes harder everyday???  (Read 5861 times)
swogerino
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August 17, 2017, 09:08:13 PM
 #141

Many people have switched to alternative way to make bitcoin by not buying it. I thought initially they were doing it wrong as these people were building what they call mining rigs ,a computer with multi graphic cards which they mine altcoins and convert to bitcoin through exchanges like Poloniex or Bittfinex. Now I see these persons have been smart because they have build these rigs many months before where it was easier to buy a bitcoin at 1200 dollars but now I see that they are still making low amount of bitcoin everyday rather than buying it at 4400 dollars right now.

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leonair
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August 17, 2017, 09:24:09 PM
 #142

Fluctuation, it is simple as that actually we all know that the value of Bitcoin way back 2009 is no more than $1 at all but because of the potential of Bitcoin it fluctuates overtime so owning a single Bitcoin is getting harder day by day as the price of it is also increasing. Don't worry not earning 1 Bitcoin because the value of it is increasing not decreasing.

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August 17, 2017, 09:42:22 PM
 #143

As the price grows earning from signature campaigns, faucets, and many other micro earning services is less and less. I wasn't here in that time, but faucets in beginning had really high prizes in bitcoins but in that time bitcoin didn't worth as much as it worth now.
Its harder to get to 4300$ is what I wish to say here, the ones that saved in the past have a lot of benefit now, maybe that should be a sign for us that we need to save as much bitcoins as we can, one day half of bitcoin can worth 10 thousand dollars and it will be harder then ever to earn 0.5 bitcoins. So buy bitcoins, earn satoshis and in 5 years we will see benefit from that.
Yes' you're earning less in BTC over the years because all those businesses had to start by investing fiat into their business and they are paying taxes in fiat, so their campaigns and promotions deal with fiat value of BTC.

That said, you should look at your own campaign if you think it's getting harder, because I think it isn't.
Your campaign is running for 38 weeks (yes, I've checked), and in January 2017, when the price was $800, it was paying you exactly the same number of BTC per post as it is now with $4450 per coin! Please explain how has it become harder for you to earn BTC? Grin

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Ewinsane
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August 18, 2017, 07:17:10 PM
 #144

It's not true.. you can buy any fraction of bitcoin and spend it.. you don't have to own 1btc or more if btc is really expensive.
it is true because bitcoin is become harder to earn or to get for those who do not have money, let me tell you how, you can get small amount but people need more bitcoin for the profit, as bitcoin become popular it’s demand increase day by day, those who buy bitcoin never spend it back, they hold because they know the prices still increase day by day.
There are various ways of making bitcoins like participation in Signature Campaigns, mining, trading and gambling. Tolerance is needed for all big achievements and trusts your own journey. Investing in bitcoins now is costly and it will be more expensive with passing time. However, those who invested earlier are rich now.
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August 19, 2017, 01:34:49 PM
 #145

the difficulty
range
value
rates

and also people affect these
why does earning 1 btc I think became harder everytime
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August 19, 2017, 01:45:11 PM
 #146

if you want to see bitcoin as a currency then it doesn't matter how much it is worth. you buy $20 worth of bitcoin and you spend $20 worth of bitcoin. if bitcoin is worth $20 you get 1 bitcoin and spend 1 bitcoin.
if it is worth $1000 you get 0.02 bitcoin and you spend 0.02 bitcoin.

where the rich come in, i have no idea Grin

He has a point. No matter how much bitcoin is in dollars it doesn't matter. What makes it look expensive is because we convert it to another currency which makes it a decimal number making it look smaller. And what makes 1 bitcoin harder to earn is because its rate is going up but the values for a specific work is just the same. And no matter how high the value of btc is in dollars, it will not make it exclusive for rich people.
Mike Mayor
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August 19, 2017, 03:04:18 PM
 #147

You know what I think ? That you should learn how speak sense. Owning one Bitcoin is easy you own it you do nothing you have it it's yours. You talking about earning a Bitcoin or buying one. Once you own a Bitcoin you already on it there is nothing that needs to be done but wait. If you telling about buying Bitcoin that wouldn't be owning it that would be buying in. So yes it is getting harder and harder to buy in enough to own one Bitcoin. It will help the elitist currency and I'm so glad I have one. We will be rich just stop moaning buy and hold. Leave the naysayers in the dirt.

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August 19, 2017, 03:15:20 PM
 #148

Bitcoin is heading to the sky, and some day bitcoin can only be own by the rich dude.
As bitcoin price higher then even Gold it very clear that the future of currency belongs to those who own bitcoin in their wallet.
niisarearning
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August 19, 2017, 03:25:20 PM
 #149

I am really not worried about bitcoin price because it always give good profit for me because i always trade the altcoin based on bitcoin like if i buy altcoin for 0.001 and sell it for 0.002 then i will be getting profit in double one is actual bitcoin price rise and altcoin value rise.
Andre#
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August 19, 2017, 03:49:57 PM
 #150

I am really not worried about bitcoin price because it always give good profit for me because i always trade the altcoin based on bitcoin like if i buy altcoin for 0.001 and sell it for 0.002 then i will be getting profit in double one is actual bitcoin price rise and altcoin value rise.
In the fact, you can't do that with normal market like now, because the rules on cryptocurrency market is Bitcoin up - Altcoin down or doing the opposite.
You need take profit Bitcoin before the price of it breakdown and going to altcoin again if you want continue earning profit.
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August 19, 2017, 03:55:24 PM
 #151

It is hard because the salary or reward, or earnings we get through bitcoin will take million satoshi.  If you will earn it online, the payment you have is not that big.  The fact you are using it means you need the money.  It is really a good way to invest in it considering its price keeps on going up.
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August 19, 2017, 06:30:31 PM
 #152

Imagine the impact Bitcoin is doing on the community of crypto Learners, it is getting hard because more and more people are getting to know about it and Bitcoin is getting distributed slowly.

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sarul
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August 19, 2017, 06:38:27 PM
 #153

Owning 1 btc become more harder because the mining difficult is increased everyday, that's one reason why bitcoin prices soar. It is the same level of difficulty with trading, because the price is now so unstable.
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August 21, 2017, 12:05:40 PM
 #154

It is true, but this is life. We should buy as many Bitcoins as we can now.
The more the  price increases, the harder it will become for people to earn up to 1 BTC. But, at least you get to earn a lot of money with the amount you have. Even faucets can stand the charges, so that’s y you see lots of them closing up these days.
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August 21, 2017, 12:36:13 PM
 #155

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?

It is true that bitcoin's price inflate as days pass. It is amazing that the price are at very large numbers and it is holding its pride.

As the price go high, it is hard to buy bitcoin in low price. If you are new to bitcoin it is hard to you to earn 1 BTC but as long as you have determination to get rich. 1 BTC is just a trophy.

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themathiasmiller
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August 21, 2017, 12:52:58 PM
 #156

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?

It is true that bitcoin's price inflate as days pass. It is amazing that the price are at very large numbers and it is holding its pride.

As the price go high, it is hard to buy bitcoin in low price. If you are new to bitcoin it is hard to you to earn 1 BTC but as long as you have determination to get rich. 1 BTC is just a trophy.

I agree as bitcoin price grows a lot of altcoin prices grows as well and that's where a lot of people are getting their bitcoin. If you are really determined to get 1 BTC, you can achieve that. The cryptocurrency world is a big place there is always a place to earn.

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August 21, 2017, 01:09:47 PM
 #157

I think the reason as to why owning BTC becomes harder is because its value keeps on rising at a high pace. But there's not a thing to worry about that at all because what matters is the value of the bitcoin you own. As long as you can afford it, you can buy as much as you want with your BTC. As everyone said, bitcoin is for everyone and not only for rich people.  Wink Wink
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August 21, 2017, 01:13:42 PM
 #158

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday bitcoin will become currency only for the rich dudes?

I know we all want to buy and save more bitcoins, but the way bitcoin price is going are we really going to keep up?

What do you think, guys?

I think that basically you have no clue what bitcoin is nor how it works.

Seven years ago you had 100$ , you could buy 100$ worth of bitcoin.
Nowadays, you have 100$ , you can buy 100$ worth of bitcoin.
Seven year in the future, you will have 100$ and you might be able to buy 100$ worth of bitcoin. (if the dollar won;t be garbage by that time).
So, Problems?

You think that if you own 2 million doge coins they are worth more than 1 btc just because "it's much wow more coins"?

I get it, he might be coming from a viewpoint of a Bitcoin enthusiast. Someday the miners would stop mining bitcoins and it pays having a Bitcoin for keeps instead of just having a fraction of it (if you are a bitcoin enthusiast). When that day comes, it wouldn't be easy for an average Joe to get 1 Bitcoin because it might be too expensive to buy.
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August 21, 2017, 01:16:07 PM
 #159

Bitcoin is going up and up it can unstoppable itself.Bitcoin is become a valuable coin day by day.So its become harder to own 1BTC.

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August 21, 2017, 01:30:15 PM
 #160

The supply of bitcoin is limited but the demand is high, but the transaction of all cryptocurrency is increasing day by day its because of increase in the number of users, the value of bitcoin rises. As  price rises its difficult to buy Bitcoins for new investors but if you invest bitcoins then its good as there are chances for the bitcoin price to increase in the next two to three months time.

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