How I heard about bitcoin started early 2015 when I was searching for means in which I will use to earn some money to help support my schooling because I'm an undergraduate. So I was introdue into an online business by a friend called MMM (As of then I never knew it was ponzi) the way it was presented (mouth watery bonuses) made me to engage in it fully and started marketing it. I became successful at it made some cool cash too.

When it became famous in my country I decided to explore all its benefits then I saw an advert of BItcoin I picked interest because it was offering 50% ROI monthly while my local currency was 30%ROI. So then.my journey began in the Cryptocurrency world.  I became fully a Cryptopreneur January 2016 after my wanna be cryptocoin called TBC (thebillioncoin) failed me. I have made some few mistakes afterwards but I can proudly say, me picking interest in Bitcoin (cryptocurrency) from a Ponzi biz,  is one of the most smartest move I have ever made in my life.

How did you hear about bitcoin? I Wanna hear your experience

I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo

Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.

I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.

Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?

At a time when the price of cryptocurrencies fluctuate sharply at any sign of not too good news, do not press the panic red button on your Bitcoin.
Remember the Pizza guy!
In Bitcoin I trust, come Bull or Bear.

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Here's how I have been able to change people's opinion from being haters of Bitcoin to thinking about buying some and even some actually buying some.

I follow these 3 steps/rules that I made:

1. Don't get aggressive:

A lot of bitcoin denier get VERY aggressive about how bitcoin is a scam, don't get aggressive. If they are too aggressive and mad, just change the subject for the moment. No need to waste time.

2. Make them doubt their convictions.


Make them doubt that bitcoin is a scam or doomed to fail. A couple of examples that I use are:

      - This is comparable to when people wouldn't want to use their credit cards online because they were scared of fraud.
   
      - Bitcoin is far from reaching it's full potential, mass adoption takes a lot of time. This is comparable to when Amazon just sold books or Google was nothing compared to Yahoo.. remember Yahoo? (laughs)

      - Crypto currencies are the next steps in the evolution of payment : Barter -> Precious Metals -> Paper Money -> Plastic Cards -> Digital Money

3. Mention the Coinbase $10 when you buy $100 in Bitcoin and then let it simmer...

Let them think about it, they will so their research or ask around. Most will come back to you to get your code for the referral bonus.

Do you have other arguments that you use? I'd love to know.



BTC: 3LcmdDp52oShwv9UTy55vX69JxEibEoKrw
ETH: 0xe822Dc108cb78C9137BF2D92429449B97F1415E0

What blogs or channels do you prefer most when you need to get knowledge about crypto, wallets and crypto market? Just found hacker noon on medium and CCN website:) Can you share more?

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

In fact, we all know that investing in a bitcoin is more risky than depositing money into a bank. Many people choose to safely deposit money into a bank for interest instead of leaving it at the chance of bitcoin. But investing in bitcoin will bring you very high profits in just a short time.

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down
But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

I'm looking for a kind wallet which is secure, easy fast to use and I control the private key, so no online wallet.

I've used blockchain.info in the past but my account got hacked I suppose because I couldn't log in anymore. I didn't use 2 factor at that time.

BitcoinCore took a very long time to synchronize and a transaction took more than a month, I gave 0,001BTC miners fee to send BTC to an exchange wallet. Maybe the exchange was having some issues.

The choice is between armory and electrum, I think.

What do you think?

I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now.
But I don't understand the reason behind this type of thought?

   I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
  I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?

Hi, have you ever thought this?

You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.

I think this could be a weakness, correct me if I am wrong.

Or comment if you have a kind of solution for this...

Regards!

I've been keeping up with Bitcoin and investing for the past year, and Im wondering if anyone thinks it will drop back down to 6 - 6.5k in the upcoming months?
 I've read a lot of projections and there is a mixed consensus but several "vets" agree it's due for a big drop.
What does everyone think?