as far as i know the most security wallet is the ones who have 2fa like blockchain , coinbase . offline wallets can be safe too if installed correctly
2fa is very useful to secure your wallet because you can choose authentication like sms verify so even though hackers know your wallet password they will not be able to open it because they do not have your phone number where you have to login with verify on phone. I use this authentication in my wallet
Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
Turning the world's population into a better person or a rich is certainly impossible to do even the efforts of the government of every country even to this day has not yet produced results let alone just bitcoin bitcoin can change a person's life for the better if they are willing to work hard and earn income
It is true that bitcoin is a source of income for someone not to focus on working in the real world because the result of bitcoin is fantastic if someone works out bitcoin then it depends on ourselves whether bitcoin for additional income source or for us to Focus as a new job In bitcoin world , But for me bitcoin is just an extra source of my income in doing bitcoin.
Yeah arguably earning in bitcoin exceeds my income in my day job lol. But I will not take the risk of getting out of my day job and then working full time in bitcoin. I think it's very risky. So currently I still use bitcoin for extra income only
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Re: How much risk in bitcoin investement ?
by
NEWGOODOUBLE
on 07/07/2017, 10:35:32 UTC
I think the risk of investing in bitcoin will depend on several things. Like your skills, your knowledge of bitcoin markets, etc. When you have deep knowledge and skills about bitcoin. Certainly the risk of investing in bitcoin will be smaller?
I think Bitcoin has the potential to overwhelm paypal but there are two things I'm not sure about Bitcoin that are unstable prices and too long transaction time.
Too long transaction times are already a non-issue when accepting zero-confirmation payments.
I think zero confirmation payments system is very risky to apply. I do not think online shops would dare use the system because they might be cheated when using zero confrimation payments system. One that makes bitcoin still can not beat paypal is because of this
There are many ways of spending bitcoin at this moment, bitcoin can be used in the saving and investment sector, day by day Bitcoin is becoming an important and acceptable currency across the world, also its value is increasing at a same spirit. So bitcoin will become an important asset in the future...
Do it according to your wishes and wishes. If you want to get rich from bitcoin then you have to keep working on getting as much bitcoin as possible. You can start growing your bitcoin with trading, investing, etc. That you can do with bitcoin.
I feel that governments have no rights to shutdown the internet. School going children to old people depends upon the internet for real life things. If shutdowns, people will call to government ban.
Nope I think the government could just shutdown the internet. The government has any control over their country. But see the centrality of the internet as a key requirement for every country's current population. So it seems the government will never do that
The best way to teach them is through games. New generation of kids are way more smart than us, games should be made which shows bitcoins instead of money and also show its uses.
Maybe it works to make them produce bitcoin. But I'm not sure they'll understand the bitcoin and how it works. However my idea I think little children can not understand too deeply about how bitcoin works. Their brains have not reached that yet
I like that idea. haha However i think all land over earth is owned by a government/person, so it's not that easy.
I think the key just gets the blessing and permission from the government. After that happens then bitcoin will grow very fast, many stores and agencies will adopt bitcoin, but to get legalization from the government is not easy, may have to remove the decentralization of bitcoin?
why not both of them ? i think with saving 20-30% your profit/money to gold always be a good choice, they already have their own market that can'be ruined by any other thing, even bitcoin i think. Old people and traditional people that can't use technology still hard to believe bitcoin is really exist, but who knows ? we are the next generation of old people, we can teach the next generation
I think a good idea by investing in both? Why not? If you have a lot of money you can share your money or the profits you get by investing in both. After all if the price of both goes up of course it can give double benefit to you rirght ?
Invest in both will give you less money if you invest in a 1 side then yes you will get more.If it is about Gold then you will get in small number of money from Gold if it is bitcoin then you will be one day millionaire by bitcoin. As it is going. Bitcoin is more powerful than gold in a debate. So therefore try to go for bitcoin.
Bitcoin is the Gold of the new era. This is due to the fact that bitcoin is having more worth than Gold. Gold cannot make you rich just by holding but bitcoin can for sure make you rich just by having some in your account. Because Bitcoin in increasing on daily basis. Where as gold is also increasing but as much as compared to gold. So that's why we say that bitcoin is the Gold of new era.
There is no doubt that bitcoin is a digital gold and people who are into bitcoins will prefer to hold their bitcoins for a long term as everyone knows that the price can reach to the moon in future which may never possible with gold as its very stable and couldn't go higher as bitcoins.
Nope I think gold also has great potential just like gold. Gold also has a number of limits in the earth and if it runs out then the gold price will explode but I do not know when the amount of gold in the earth will run out. Maybe hundreds of years but the gold potential is also great
Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.
Instead I think that this is the right time to buy more. Just as the previous cycles bought in the $ 2500 price then sell for $ 2600. Although the benefits are few but if you do it repeatedly. Of course the profits will be greater right ?
Bitcoin is usually used by people interested in technology. I mean, persons with a certain technical knowledge are interested in bitcoin.
My observations are that way. I think Bitcoin needs to reach larger quantities. Can use bitcoin in people who are not interested in technology? Can people use the bitcoin in the profession group like tradesmen, teachers, housewives, firemen, butchers? Are we going to see the days that these people use bitcoin?
Only those who are tech savvy and have bitcoin knowledge can use this electronic currency. Since it is an electronic currency, there must be knowledge of the new technology that can be used.
Bitcoin is actually used by ordinary citizens that mean middle class educated people. Yes the poor people will not trust on this electronic currency, and the rich person doesn't have time to think about this new technology. Only the ordinary people will search different ways to make money, so they will give some time and learn about this bitcoin and start to use.
Yeah maybe most bitcoin users are in middle class society. Many of them become workers in bitcoin certainly to benefit. But I'm sure there are some upscale people who might be investing in bitcoin. But I think a lot of their lower class people use bitcoin for the main job #imo
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Re: What to do with the people who don't like Bitcoin?
Nothing to do, if he is not opened to certain things like bitcoin that it´s real money and don´t have intention to comprehen it there let him be
Thats right dude, if they are not open to receive input and explanation from you regarding bitcoin. There is nothing else to do but let it go. Maybe someday they will start to open their eyes and see the benefits of bitcoin later on
I also think that crypto currency will be future of money, so it should be kept for taking different types of benefit in the purpose of purchasing goods and business purposes, so it is a wise decision for collecting Bitcoin for the future purpose, it can be a good asset in the future.
I myself doubt that cryptocurrency will be the currency of the future. I'm more inclined to think that fiat will continue to be a major currency in the future but I do not deny that the crypto currency will have a bright future in the future but not the main currency
In my opinion, I would prefer to invest. Why? Because with us invest our funds will always increase from time to time
I want to ask you, what will you do with the income from your investment, is it you will continue to increase your investment with the investment income? I'm sure you'll need a saving plan to collect income from investments dude, Save is very necessary ?
For me, Bitcoin... I always choose the new thing, gold is a conventional investment tool, it's demand increasing but a decreasing rate, in the future, demand of gold will not be same as present. Bitcoin has created a new platform to make profit, it's value is increasing at a increasing rate so that i refer many closest person of me to invest in Bitcoin rather than gold.
Nope I think gold demand will also rise slowly to see the world's population also continues to rise. As long as it happens gold inventory on earth continues to decline and this is certainly a great potential for gold prices to rise high in the future later? You also have to calculate it
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Re: Tell me a secret: any way to earn 0.1 BTC per week?
Right now I will start to be more concetrated to trading because I think that only trading is way to get earnings like this.I have tried revenue share,cloud mining.faucet sites ,ptc sites and all become scam once so only trading left for me.
I think trading is the best way to earn bitcoin but you need a lot of knowledge before you do that and you cannot earn fast but you can earn slowly butsurely. Dont try to use again ptc site and faucer and dont try again to invest in hyip and cloudmining because all of this are scam
Yeah trading requires more knowl- edge about price analysis, predictions, bitcoin markets, with that skill then the risks involved in trading will be smaller and the chances of your profits will be even greater And if you have great skills and capital. 0.1 btc per week is not a difficult thing
I'm waiting until the right time to invest because the market is currently very chaotic. I think the market will soon recover as before and more
I do not think it's too long to wait and see when that opportunity comes you should better take advantage of that opportunity. I think the price is currently down and just like other users I think that the price is down is the right time to buy
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Re: Why bitcoin is not supported in some countries?
Bitcoin is not supported in other countries because they protect their own currency. They afraid that their currency is down. The government is fear, they want to protect their own currency.
It may be their reason because the government is afraid of the potential of bitcoin that can take over their own local currency. Let alone bitcoins can not be controlled by their own of course the government will do anything including banning bitcoin to go in order for their local currency to be safe
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Re: How much risk in bitcoin investement ?
by
NEWGOODOUBLE
on 01/07/2017, 23:57:12 UTC
I think the risk of investing in bitcoin will depend on several things. Like your skills, your knowledge of bitcoin markets, etc. When you have deep knowledge and skills about bitcoin. Certainly the risk of investing in bitcoin will be smaller?