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Topic
Board Economics
Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
by
bumm
on 09/11/2015, 16:10:43 UTC
waiting for $100 is like wasting your time. i doubt it will even go below $200
current price makes me buying a certain amount of btc per month.
Not so sure it will even get lower than $200 for long (if it even does). It is just a minor slump before the price goes up significantly. I would buy BTC at the present rate rather than rue later about not buying enough when the value gets actually high.
Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
bumm
on 09/11/2015, 16:08:05 UTC
buying bitcoin and holding it is the safest possible bitcoin related investment. the only risk is the price that may go down. but if you hold it for the long term then it is a solid investment.
Buying and holding BTC is as safe as it gets if you are not interested in day trading. I would suggest that you buy 1BTC soon and hold it till the halving next year. Small investment compared to the large return you are sure to make on that 1 BTC.
Post
Topic
Board Beginners & Help
Re: Best way to earn Bitcoins?
by
bumm
on 09/11/2015, 16:05:42 UTC
there are so many threads like this.
better u go check first before u posting  Grin
best way to earn here is by signature campaign, trading, and gambling.
My apologies for making another thread. I'll do my best not to make a duplicate thread again. I'll do a search before I create a thread.

With that out of the way, signature campaign! I'm in the same one as yours! Cheesy 777coin seems really good, so yeah.

Trading: I'll try that and see if I can get some more coins to play with:)

Gambling: Yes, yes, yes. Gambling is fun, I'll have to say. 777coin makes it fun too :p

Anyways, thanks for the advice!
I don't recommend gambling. They're got house edge so you will eventually lose, no matter what.
Just gamble what are you willing to lose Wink
Gambling can be a good idea for you only if you are really good at it. But if you aren't why not simply provide a service (S/W development, etc.) to earn your BTCs? seems like a good and legit idea to me. I would go for providing service as a way to earn BTCs myself.
Post
Topic
Board Exchanges
Re: Which Bitcoin Exchange do you use and why ?
by
bumm
on 09/11/2015, 16:03:12 UTC
BTC-e

And why?

They don't ask for ID. Super simple registration.


True, but my funds get delayed. And support sucks at responding..

I always have to buy like a btc-e code from someone.
BTC-e is always the first choice. You can try bitstamp and also kraken is good, so i have heard now. poloniex is also pretty reliable as is bittrex because of the user-friendly interface. Newbies should start with bittrex i think.
Post
Topic
Board Beginners & Help
Re: How Do You Earn Free Bitcoins?
by
bumm
on 09/11/2015, 16:00:03 UTC
I want to get 0.1BTC to 1BTC or more in 1 week if that is possible without spending any money. Does anyone know like websites or activities that could get me that much bitcoins?
I have serious doubts you can earn '1BTC' in a week by doing nothing. Trading would be the best bet to make some profit, but then again you will want to buy more BTCs if you think the profit will be substantial on the morrow. You can go for Signature campaigns or mining, but these also require you to invest time and money(thinking about the electricity bill here.)
Post
Topic
Board Trading Discussion
Re: Is btc the best digital currency to be used for trading?
by
bumm
on 09/11/2015, 15:57:05 UTC
I have been been trading on ecoin for a long time and I must say that none of the currency pairs on forex can earn so much proit as 1 BTC can do. So this answers your question that bitcoin trading is the best option as it was not too far when the price was $250 in September-October and it is now $383 ($133 profit in just 2 months if a person bought just 1 BTC).
It's true. After spending years on the currency exchange i believe that BTC is by far the best commodity in terms of trading. A slight increase in value affects your holdings in a more significant way.
Post
Topic
Board Exchanges
Re: Bitcoin debit card
by
bumm
on 09/11/2015, 15:53:06 UTC
Hi,

A new service has been launched, which issues Visa debit cards linked to bitcoin wallet. The cards are available in USD, EUR and GBP.
Delivery within Europe - 5-10 days (usually quicker), worldwide - depending on local post.

BTC transfer into fiat on the card is immediate.

For more detail, please visit:
www.e-coin.io





As suggested by the Hero Member (Puppet), adding all the details about the debit card to this initial post so that everything is in one place and easier to find.

Current price of the card: $17 or 0.06BTC

List of countries where the card can be ordered/delivered to:
Aland Islands                                
Albania                                      
Andorra                                      
Anguilla                                    
Antigua and Barbuda                          
Argentina                                    
Armenia                                      
Aruba                                        
Australia                                    
Austria                                      
Bahamas                                      
Bahrain                                      
Barbados                                    
Belgium                                      
Belize                                      
Bermuda                                      
Bhutan                                      
Bonaire, Sint Eustatius and Saba            
Bosnia and Herzegovina                      
Brazil                                      
Brunei Darussalam                            
Bulgaria                                    
Canada                                      
Cape Verde                                  
Cayman Islands                              
Chile                                        
China                                        
Costa Rica                                  
Croatia                                      
CURACAO                                      
Cyprus                                      
Czech Republic                              
Denmark                                      
Dominica                                    
Dominican Republic                          
El Salvador                                  
Estonia                                      
Falkland Islands (Malvinas)                  
Faroe Islands                                
Finland                                      
France                                      
French Guiana                                
Georgia                                      
Germany                                      
Gibraltar                                    
Greece                                      
Greenland                                    
Grenada                                      
Guadeloupe                                  
Guatemala                                    
Guernsey                                    
Guyana                                      
Hong Kong                                    
Hungary                                      
Iceland                                      
Indonesia                                    
Ireland                                      
Isle of Man                                  
Israel                                      
Italy                                        
Jamaica                                      
Japan                                        
Jersey                                      
Jordan                                      
Kazakhstan                                  
Korea (South)                                
Kuwait                                      
Latvia                                      
Liechtenstein                                
Lithuania                                    
Luxembourg                                  
Macedonia, the former Yugoslav Republic of  
Malaysia                                    
Maldives                                    
Malta                                        
Martinique                                  
Mauritius                                    
Mayotte                                      
Mexico                                      
Moldova, Republic of                        
Monaco                                      
Mongolia                                    
Montenegro                                  
Morocco                                      
Netherlands                                  
New Zealand                                  
Nicaragua                                    
Norway                                      
Oman                                        
Panama                                      
Papua New Guinea                            
Paraguay                                    
Peru                                        
Philippines                                  
Poland                                      
Portugal                                    
Qatar                                        
Reunion                                      
Romania                                      
Russian Federation                          
Saint Barthelemy                            
Saint Kitts and Nevis                        
Saint Lucia                                  
Saint Martin (French part)                  
Saint Vincent and the Grenadines            
San Marino                                  
Saudi Arabia                                
Serbia                                      
Seychelles                                  
Singapore                                    
Sint Maarten (Dutch part)                    
Slovakia                                    
Slovenia                                    
Somalia                                      
South Africa                                
Spain                                        
Suriname                                    
Sweden                                      
Switzerland                                  
Taiwan, Province of China                    
Thailand                                    
Trinidad and Tobago                          
Turkey                                      
Turks and Caicos Islands                    
Ukraine                                      
United Arab Emirates                        
United Kingdom                              
Uruguay                                      
Virgin Islands, British                      

Please DO NOT order a card if your country is not on the list


Card limits:


If you want to increase the card limits, please, contact support@e-coin.io



Some of company credentials:

Recent article on http://CryptoArticles.com:
http://www.cryptoarticles.com/crypto-news/e-coins-bitcoin-debit-card-is-ready-to-ship-to-customers-worldwide

E-Coin participation in the recent BitcoinExpo 2015 in London:
http://bitcoinexpo2015.com/startup-show/

http://wck2.companieshouse.gov.uk
Company No. 09228951

https://www.duedil.com/company/09228951/e-coin-trading-limited

http://companycheck.co.uk/company/09228951/E-COIN-TRADING-LIMITED
Great news! Good to know that finally the major financial institutions are answering the call of the BTC. Just shows to prove how the government and media cannot always scare people with myths. This will allow other such companies to start venturing into BTC credit/debit cards soon.
Post
Topic
Board Bitcoin Discussion
Re: Do you believe we need more ways of advertising Bitcoin currency?
by
bumm
on 09/11/2015, 15:49:08 UTC
That could be a good idea to start with , but as you said "children" , so make sure it's something beautiful and fun so they get it on the first place , I'd like to hear more about the Bitcointalk YouTube channel idea , What are you planning to add there ?

It's never enough to advertise bitcoin , because we are in a war with the other side (banks , media , governments ... ) Media for example try to convince people that only Terrorists and criminals use Bitcoin on the Dark-web which is not true  , same goes for for governments just couple of days ago .. Ukraine trying to convince their citizens to use use other payment methods that reserve the user protection and that kind of things ..
PROMOTION! That too on a bigger scale is what we need. We need to educate people and raise awareness that not all people dealing in BTCs are culprits of crime. My best bet is to promote among the younger generations, especially teens, as they are more ready to accept and adopt a radical and new concept. Let the mainstream media pipe their horn.
Post
Topic
Board Speculation
Re: BTC Price going back to $250???
by
bumm
on 09/11/2015, 15:45:39 UTC
Not necessarily. It seems you have no idea about this, we are still above 100+ dollars of the initial price and suddenly 381 which is the current price is slow.. well give it time and it will recover, this is called a correction.
No way. BTC is above $350 as of today. Why panic? it is just a 'correction' it seems. The storm will pass and we will rue the day we sold our BTCs because we got scared of a slump.
Post
Topic
Board Off-topic
Re: Will you quit your day job to go full time on bitcoin?
by
bumm
on 09/11/2015, 15:43:22 UTC
Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.
I think it more sensible to keep a day job and keep the BTC trading as a part-time occupation. I think it is too early to depend on BTC trading as your sole source of income. A day-time job gives you extra fiat to buy BTCs, just in case.
Post
Topic
Board Services
Re: Coinoindex.com signature campaign!
by
bumm
on 17/07/2015, 14:25:14 UTC
I am joining this campaign Smiley

Name:   bumm
Posts:   592
Activity:   364
Position:   Sr. Member
Bitcoin address:   17M1FnUxVvmetS7zBMwni9wyQtfSRxbbq3
Post
Topic
Board Economics
Re: How to save money.
by
bumm
on 11/07/2015, 03:20:09 UTC
good idea mate. in our country too people follow the same kind of saving techniques. They keep there money in form of provident fund, insurance, and what now. its like a culture here to buy or build houses and then give it on rent.  Cheesy they want to save from everything they can. but then it really does helps in emergency.  Wink
Post
Topic
Board Economics
Re: Uber says denies plans to accept bitcoin payments
by
bumm
on 10/07/2015, 17:03:02 UTC
most of the companies are not accepting bitcoin because it is not stable. companies do not want to risk by investing in bitcoin, as bitcoins becomes stable companies will start using it. they will not take any step which can lead them to lose.
Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
bumm
on 10/07/2015, 16:55:23 UTC
yes bitcoin is definitely becoming a global currency. people all over the world are taking interst in bitcoin. bitcoin value will go up after bitcoin is improved . bitcoin is not just used in us and china. it is now being used worldwide 
Post
Topic
Board Speculation
Re: Logical reason that Bitcoin will go down to USD 0
by
bumm
on 10/07/2015, 16:28:27 UTC
the volatile nature of bitcoin is because it is a relatively new currency. as people will get aware about bitcoin and adopt it, bitcoin value will get stable. i dont see any possible reason for it to go down to 0 usd. as bitcoin is only widely use currency. as bitcoin will improve the value will get stable.
Post
Topic
Board Speculation
Re: Does current market situation in China affect bitcoin?
by
bumm
on 10/07/2015, 16:01:39 UTC
yes it might affect bitcoin as more and more people will look forward to a better and secure investment, and some might have faith in bitcoin so they will start buying bitcoins affecting bitcoin by rise in value. even i think that china's situation is bigger than the greece but the focus of people is towards greek so Chinese stock market is not the hot topic now.
Post
Topic
Board Economics
Re: Can bitcoin help the world's unbanked?
by
bumm
on 10/07/2015, 10:17:32 UTC
yes i can help the worlds unbanked. there are a lot of ways in which bitcoin can help the unbanked of the world. there are also ways through which you can control bitcoins through sms based phones. so you dont even need a smartphone to control your bitcoins. and its value will stabilize after it is properly adopted by the world..
Post
Topic
Board Economics
Re: How is it possible for fiat to "disappear"?
by
bumm
on 09/07/2015, 17:48:58 UTC
it is not possible for fiat money to disappear. the world cannot funtion only using virtual currency. and most of the people do not trust on virtual currency. and it will also be difficult to exchange bitcoins for day to day purposes. it can be helpful in many ways but due to certain boundation virtual currency cannot be only currency used
Post
Topic
Board Economics
Re: Why PEOPLE are so dumb ? (Greek Paypal/Banks closed)
by
bumm
on 09/07/2015, 17:38:20 UTC
bitcoin is still being developed. it cannot be adoped by a economy until it is fool proof. and even if bitcoin is better than fiat money then also do you think it is possible to mange day to day expenses with bitcoin.. i dont think soo. their are lots of problem in adopting bitcoin or any other virtual currency for that matter. but who knows what happens in this crazy world.
Post
Topic
Board Economics
Re: Which country looses the most when Bitcoin becomes the Currency of Planet Earth
by
bumm
on 09/07/2015, 17:29:47 UTC
i dont think bitcoin to become a currency of earth. but if it does i think u.s will be loosing most because u.s has been regulating almost everything with the use of their currency dollar, but when bitcoin will be accepted worldwide, it will not have control over bitcoin as it is decentralized. if this happens the frequency of illegal work will shoot up