Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.
What's your way of spreading Bitcoin knowledge?
Well, My way of spreading my knowledge Bitcoin is posting in facebook; tagging my families, classmates and friends. Posting videos also in facebook. Through sharing, what I had earned in bitcoin, I spreading also my knowledge, while eating with my companions.
Someone I know wants to meet with me to talk about BTC and crypto. want to get into it. What would you recommend be the step 1? for them to approach?
First step that i can think of is to show proof of your earning in Bitcoin, there are many ways how to do this. The point why you need to show your proof of earnings with Bitcoin is to encourage him that you really are earning in the ways that you will soon teach to him. I think this will decide if that guy will continue using Bitcoin with the help of your teachings or not.
I agree with you sir/ma'am, we must show the proof first that we are earning in bitcoin to encourage and motivate him, then encourage him also to read more information in google or he/she must have research and also suggest him to watch a videos about bitcoin i youtube. After that, teach the basic rules and regulations in bitcoin and he/she must follow that rules. We must gave also, more links about bitcoin.
*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?
The value of Bitcoin is fluctuations and this is a normal. There's many evidences that these is a normal. You must read more information and articles about cryptos and look what happen before. I'm sure that after a few months, bitcoin price will raise again.
we don't know him personally, he is just offering this as his business. Thanks for your comments and suggestions, i think i'll just play it on my own. lol
Well that's the right decision, you just play it on your own and as you said you don't know him personally "it's risky". or much better to stay away from him and also avoid in gambling.
Bitcoin will end world poverty because bitcoin gives income to all people unemployed ,what l love in bitcoin is age doesn't matter, as long as you know how to follow instructions you can enter to bitcoin world. Bitcoin is a source of income that will give us hope for the future we hope for. Bitcoin will be the hope of all nations to rise up, so I think bitcoin will last until there's a substitute of it for world solution to poverty to all the world.
It is possible for Bitcoin to end the world poverty if the the people will trust bitcoin and if the people will just put some time to study about what bitcoin can do.
Maybe for those who know, how to operate computers and have knowledge about bitcoin or for the Bitcoiners only. But when we say "bitcoin can end world poverty" I think It's not, because some people don't know how to use computers or ignorant about technology, and I believe also that all people don't know about Bitcoin even though bitcoin is world wide.
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring. Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest? Is there a chance that bitcoin will be down?
Yes that's true. Well for me Bitcoin will not end, because there's many users of Bitcoin, it's world wide right. Bitcoin will end if there's no users or if all people will die. Maybe it will replace, but I'm not sure.
It's not late yet, bitcoin is still there. I think yes there's a chance that will be down but it will recover again, (it's depend to all users)
I know a lot of people have different reason why the love and embrace bitcoin. For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
I embraced bitcoin is just like what you said, and more over Bitcoin Is a world wide, no one can control it, no one can predict about the price, It's safe for me because no more information about me, It is fast to earn money, someone who made it and we really don't know who he is, Price will goes up and down, very helpful when it comes to financials, and it is not hard too much to earn money, that whats Bitcoin impressed me.
For me yes, Bitcoin is better than Gold, although the price of bitcoin is not stable, it's goes up and down but after many years BTC will become very expensive and more money you can earn. It is fast also to invest money unlike gold that you need many plans for investment. Moreover when I join here in Bitcoin world there is no payment it's free, and I'm earning money through here. In gold you need more money first before you earn money it's too much costly.
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Re: The advantages of bitcoin
by
Gen iUs
on 22/01/2018, 07:55:22 UTC
There's many advantages of bitcoin ofcourse. For me it helps me in financial needs Government in my country is not prohibited. It develops my thinking and reasoning skills. It develops my comprehensions. It's not costly to be come a members, and not costly for applying in joining campaigns to work. (unlike to the other real jobs)
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Re: Is It advisable to quit my present job for bitcoin?
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
No don't do that, I think it's a bad idea. Bitcoin is unpredictable what "If" bitcoin will disappear? what will you do? Love you job instead of quiting. Don't rush your self for exploring your knowledge about bitcoin, just manage your time wisely. Rushing is not good but have patience for exploring your knowledge about bitcoin. ("exploring is like a ladder" there's a process "step by step")
Yes of course, we all know that every country now is using technology and social media right? And social media make people know whats happening in the world and gave information to all of us and in our surroundings even though not all news is true. The bitcoin became popular and growth, by the help of social media and social media is very helpful for updating on us of or to all people. Also there's many advertisements in social media which is related to bitcoin now. (TV, face book, newspaper and etc. )
Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.
This just shows that as bitcoin develops both advantages and disadvantages will tag along.
The number of criminality in some countries in the world is increased, but they should not blame the Bitcoin because bitcoin is very helpful for us when it comes to financials. The real problem is "some of users of bitcoin" taking advantage to do criminality and illicit activities, like illegal drugs and they use to buy guns and etc. that is the one reason why bitcoin was banned in other countries.
Yes, bitcoin develops both advantages and disadvantages, But we must use bitcoin in a nice way or in a positive.
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Re: Will Bitcoin price increase back to 20K or will it decrease again?
Current Bitcoin price is USD 12426, Will the price increase back to 20K in near future or will it decrease to 9K -6K according to previous analysis ?
No one can predict and we all know that. But if the price will increase back to 20K in near future that is a good news to all of us. If will continue to decrease to 9K-6K, I still believe that it will increase again with a higher price.(its a good news also for those who want to buy a bitcoin) Actually I want to buy BTC but I don't have money right now.
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
Really? Selling your house just to buy bitcoin, it's too much risky, but if you have another house or if you are rich and have a lot of money why not. If you will do that, you should secure your wallet well and you need a patience for waiting the price become very expensive. You need to think about it and plan it well sot that you will not regret after all.
I think this is a good opportunity. Now or wait? Will there be a lower price?
Yes, it's a good opportunity because the value of BTC is decreasing or decreased. If you have a lot of money it is better to divide it into two then you will buy BTC( half of your money ). If the BTC continue to decrease and more cheaper then time to buy again BTC. (other half of your money). That's what I'm doing.
today the price of BTC is down by -36%. For those of you Bitcoin owners what are your plans in these circumstances?
Hold your Bitcoin?
Selling Your Bitcoin?
and would you like to give me a reason. thanks.
First of all If a man need money right now, of course He will sell his Bitcoin even though the prize is goes down or decrease, but if it's not? It's better to hold it with patience and secured enough. You can buy also BTC because it's decreasing, if you want and wait for the prize will goes up,then more profit you will receive.
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Re: Why people sell bitcoins?
by
Gen iUs
on 16/01/2018, 10:02:31 UTC
For me, People sell their bitcoins it's because they need money and they are satisfied about the prize of Bitcoin or maybe they are worry because it's goes up and down about the prize of it or they don't want to be hacked, just like others.
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
I'm student and I spend my money as my allowances, for foods, personal things, projects, material things that I needed inside the classroom, also for transportation. Spending my money through helping my family in financials. Offerings to God, and if their's small amount that not spend, I'm saving it, and trying to invest as I can
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Re: Can any government ban Bitcoin?
by
Gen iUs
on 16/01/2018, 03:25:48 UTC
In other countries Bitcoin is already banned and its prohibited its because of some people used bitcoin in illegal activities that's why. So for my opinion It can be, but Of course Bitcoiners will make a way to use bitcoin eventhough its prohibited to their country.