The fun stereotype: The best way to motivate women for using bitcoin is to introduce them to a shop that accepts bitcoin instead of USD and then give them a wallet to spend from... and it's done!
just wallet ? if no bitcoin course they did not get to go shopping dude. You should also give them a bit bitcoin. probably around 0.05 BTC. they will certainly try to shop and interesting to bitcoin
Yes it true that you also have to give a little bit of knowledge about bitcoin so that they know little about bitcoin. At least not if he knew about bitcoin she definitely knows what she would do. Then you can give her some of the bitcoin that she try to become what it is like to buy using bitcoin.
Yeah, and the best way to motivate them is by saying that even they can earn bitcoins by working on it which can take care of their shopping as they are very much addicted to shopping
That will be not possible. Because you need a lot and that is very hard to get it. And you also never know what the value will be and that is the problem. The best thing is that you must see Bitcoin as a bonus and that will be very good. But you never know what can happen.
At a moment treating it as an extra income would be good, as if you make it your full time income then you find go through financial crisis in future if bitcoin price drops down.
If I'm honest I do not see this happen in the future, the banks are just to big if you compare them with the bitcoin. Also the fact is that a lot of people are depended on a bank nowadays so its maybe possible in about 10 years from now on.
Even after a decade I think there will be many people who would continue to use banks, as they find it easy and convenient and banks are also involved in providing best services to their customers, so if the customer is satisfied with the services he will never switch to bitcoins.
Well I think its mostly the bad name the bitcoin itself has because of the criminals that are using it, but that should be no risk. The other thing I'm thinking is that people are to scared to invest in it because its still a risk you are taking.
Criminals use all currencies not only bitcoins, then why people are pointing finger only on bitcoins? People should not hate it only because of this one reason, they should see other benefits associated with it.
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BoardBitcoin Discussion
Re: Are you holding your bitcoin for a price increase?
i will hold bitcoin as long as the price is low and as long as the places i like don't accept bitcoin. mostly for the price rise in oeder to make a profit.
First of all, what did you consider a low price and high price? you need to set your goals in order to see a profit, but if you are into long term, then it is really better to save it, it will be safer if it is in your own wallet..
There is no exact definition for high price and low price in bitcoins, if you feel that this is a good price to sell then you should sell or if you find this price is affordable to buy, then you should buy it.
Work hard on some services available then just hold the bitcoin. Look for another work that pay me via bitcoin and hold it and hope that the price of bitcoin get high enough.
you have to get bitcoin as much as possible to take advantage of the system hold probably more than 50 BTC. when you managed to hold. and the price rises that increase can certainly make you get a large profit
yes and at a moment we should just keep on earning bitcoins and try to increase the volume of bitcoins in our wallet, so that in future when price goes up we can sell it and earn good money.
My biggestw problems with Bitcoin is that I never have enough of it. Seriously, the biggest problem are sudden and big ups and downs in the price, although that is not the case at the moment because it's pretty much stable
Lolz, that's the problem with majority of us then we don't have enough bitcoins, and we are trying to earn in the best possible way at a moment as we know that the price would be much higher in future.
Bitcoin Credit Cards go through four processes before a transaction is approved while bitcoins go through only three. If you store your money in a traditional bank, you risk bank runs, inflation and deflation due to government actions.
Yeah and I think bitcoin wallets are safe to store your bitcoins, as no one is aware how much coins you hold in your wallet and no one can have access to it.
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Re: Will you quit your day job to go full time on bitcoin?
by
fruitcommander
on 09/03/2016, 11:08:39 UTC
I won't quit my job, at a moment If I can work on both then it would be useless to quit my job, as doing both is giving me opportunity to earn extra income, So I would prefer to continue with both.
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Re: Oops Price is 425$ Now...
by
fruitcommander
on 09/03/2016, 11:07:06 UTC
Price has started to fall, and that makes me worried, as we were expecting that it will reach to $500 in the month of March, but looking at the present price I think it will take a long time to reach there.
The future of bitcoin is truly in a good and positive output.
First not with the price or value but the benefits we can get by using bitcoin system.
Also even the skyrocket price won't happen still a sub $400 value is pretty nice. You can't get $400 somewhere easily.
Yeah but we can see some good price in future when there would be increase in adoption level and we are expecting that in future more people will start using bitcoins, so bitcoin will be more powerful and popular in future.
Yes that is expected and that is really a must to happen.
The rumors of good price before halving will really pull the price up aside from the real impact result of halving.
Bitcoin will have a good future later and that is because the world is becoming more digital and that is good. But you never know what will happen with the future. We all hope that the future will rise and that will be good.
The year 2016 is very important for deciding the future of bitcoins, as we have halving in next couple of months, and if halving doesn't bring good news, then we will see many people leaving bitcoins.
Frankly at this price I think it's pretty much a safe bet to invest now and hold. I consider anything under 500USD to be long-term a fine investment.
Yes I think this price is quiet affordable to invest money into bitcoins, as I hope that the price would be on the top in the future, so its good if we buy some bitcoins at this price.
Bitcoin is still in its younger age, it needs a support from the community, so if we support bitcoins, we would find many more users start using bitcoins in future.
People are now starting to realize to worth of bitcoin as a payment system. It is much easier for business company to pay their subordinates over seas by this kind of payment.
Yeah, and we will see many business start using bitcoins as a payment system in the future, and it will take bitcoin to next level and we can expect better results in future.
As the price of bitcoin is continuously growing and suddenly facing a drastic fall, this is often happening which makes people around as believe bitcoin is in the falling side.
That's why bitcoin called volatile. whenever bitcoin can go up or down. even when prices are growing. then also the price may fall. so you have to be ready to be it
There are very negative about the value and that is not good. The value is not that low now and that is good, it is a bit stable. You will never know what will happen with the value. So that is very hard to predict. But we all hope that it will rise.
bitcoin volatile nature make people so easy to say bitcoin will die within 3 weeks , bitcoin will go up and hit $10,000 this year etc. it's normal, we only need to put and keep our faith to bitcoin development. bitcoin will bring our future to a better economy system.
Agreed, if bitcoin is supported in a proper way then it can take our economy system to a new level, and people who hate bitcoins will never support it and keep on spreading rumors related to bitcoins.
I really dont know why bitcoin is still here but in my opinion there are big men who are keeping it protected and they are also into bitcoin that is why it stays. The government can ki bitcoin if they want to. But there are people out there who are stopping it.
Everyone is aware that what government as done so far for the betterment of country and society. They are just busy in filling their own pockets with black money and scandal and scams if they start supporting bitcoin then it would end all their corrupted activities.
Yes, bitcoin will end up all their corrupted activities for sure as they don't hold control over bitcoins, and that is the reason they are not coming in support of bitcoins.
Bitcoin is dead till the foundation get back on track. I would advise to sell till this drama is over.
No mate its not dead yet, Its rising at a moment and it will continue to rise in future too, you just need to have some patience and need to give some time to bitcoin to shine.
Its good now to not sell any coin. There is no reason to do that so that is quite good. You can better hold and that is good. I hope that more people will sell it later in the future with profit. That will be so good. But you never know what will happen with the value.
Bitcoin is surely very unpredictable and you cannot judge the exact price of it in future, but believing in luck and hoping that the value would be good in future, I think we should hold our coins at present.
Sell your shares, tell everyone else to sell their share then buy that shares back. That sounds like a good job. And what was the role of banks in last crisis, and in Greece crisis they just earned more money. I wouldn't trust anything they said, they are well known for their "foresight".
exactly, we need to make our own decisions , we should not listen to what other say, as we are investing our own money, we should do what we feel right rather then listening to rumors around us.
The best that I like is that you can make some huge profit. That will be so nice, but you must be smart to doing that. We all hope that the value will rise of course in the future, but you dont know when it will happen, and that is the problem.
me too. what i like the most about bitcoin is the amount of profit that i can earn from holding it for a long time. i have had 50% so far.
also on top of that i can do some trading on the side to make a somewhat steady profit on the side.
Yeah you can make some good profits in short time, either by trading or even just by holding it, and that is the best thing about bitcoin, even if your coins are idle you can make money out of it in future if the price is higher.
Maybe they think using many bitcoin address then the transaction will be more secure
There are many reasons behind using of so many wallet, some people use many wallets because the not satisfied with only one wallet, many poeple use multiple wallet for just secure their money to playing with many wallets, because if we store all our money in one wallet, and it got hacked then we loose our all money, so using multiple wallets secure us by loosing money.
Its always good to have multiple wallets, and people use it as different wallets have different features and security measures, but I don't think that its easy to hack bitcoin wallets.