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Showing 20 of 1,631 results by groll
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Board Bitcoin Discussion
Re: What is there to do with bitcoins these days ?
by
groll
on 27/11/2016, 18:14:28 UTC
There are million of things to do with Bitcoin, its like asking what are the things to do with money. Bitcoin is money which can be converted to any FIAT ( at least from here) then convert it and do whatever you wish to do with money with it. Buy house, get a car, go for that vacation. You can even store it although that could be risky but its possible.

Who says storing it is risky? It is not risky unless you don't know how to secure your money, it all depends on you if how much you can protect your things, if you are good at it then they are secure, so it is also good to be stored.

Yes, i agree.. storing bitcoins is more safe than investing it.  All digital wallet have the security to protect our bitcoins so dont worry about it.
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Board Bitcoin Discussion
Re: Which one is better for bitcoin future? Mass adoption or huge price increase?
by
groll
on 27/11/2016, 14:25:05 UTC
Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption

I agree but i think price increase helps bitcoins to be more popular, so once the increase continue, people will surely adopt bitcoins too. Like the billion coin, it has no exchanger yet but since its price ate getting higher and higher many people are now using it and the circulation of the coins goes continously. So i think mass adoptation was only 2nd option. its still the price that matters most.
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Board Bitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
groll
on 27/11/2016, 14:00:52 UTC
When you're talking about just having bitcoins then the best source of bitcoin is an exchange with money, real money. When you're talking about having zero starting money, you could start earning by typing of captchas, signature campaigns, trading, gambling. It is a great source of bitcoins
Captchas are boring while signature campaign is acceptable, but thinking that it's a good source of income will only limit your self of exploring greater opportunities here online, we have to be more mature to look for better opportunity that could bring us good returns.
I think captcha can be the alternative if you've completed the work in Siganture campaign or any other job, if you're boring you can listen to music while completing the captcha?

I agree that captchas are boring but it's not just boring, it's time consuming like how many hours it will take before you can earn one dollar?

And also signature campaigns are a great way to earn bitcoins if you don't have the money to buy one but I agree that we should also look for a different work that we can do simultaneously with sig. campaign, that way we can earn more bitcoins and it will make our time productive .

Signature campaign is not for everybody, they are for those who have given privilege to participate in the campaign,  same goes with trading and other options.  I think when we say the best source of bitcoin, it is dependent on where we are excelling at.  Like for example, an MLM player person would find it easy to accumulate bitcoin in participating in several MLM companies than trading bitcoin in an exchange, same goes with traders.  And for those who have several miners, it would be mining. 
Yes i agree with you, not all people can understand the flow of trading and i was one of them, earning bitcoins is not easy, some participate on hyip but most of the hyip are scam so instead of earning bitcoins, they end up losing thier bitcoins. The other way around was MLM and matrix, but if you are not good in referals, matrix and MLM will also not work. So if you want to earn, consider your excellence area before entering the business.
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Board Bitcoin Discussion
Re: Is Bitcoin Really The Future Of Money?
by
groll
on 27/11/2016, 13:52:54 UTC
Already is going to be used by all over the world. Now itself bitcoin is used by many people across the world and in future there will at least 80% of the population who will prefer bitcoin over traditional currency because it had much more advantage they traditional currency.

Yes, bitcoin was already part of future money, the acceptance of bitcoins worlwide was really happening. In some country, bitcoins are already accepted in some merchants, this only proves that many people are now recognizing bitcoins as a money, as an alternative way of payment aside from the traditional paper money or currency. Bitcoins will definitely a future money.
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Board Bitcoin Discussion
Re: [POLL] Do you prefer your money to be in cash or bitcoins?
by
groll
on 27/11/2016, 13:06:00 UTC
Well, I would not like to have all of my money in Bitcoins, it is too risky for me. I could lose big amounts of money by leaving them in the form of Bitcoins. So, I prefer having most of my money in cash, and just a little bit in Bitcoin for investments.

Yes i agree, i love bitcoins and i am using it since year 2014 but i still prefer cash, due to a limited use of bitcoins many are still using money or cash. Bitcoins are useful for investment but when it comes to basic needs, we are still converting it into cash thats why i rather choose cash. If all merchants will accept bitcoins then i think its no big deal between cash and bitcoins. 
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Board Bitcoin Discussion
Re: What do people around you think about Bitcoin ?
by
groll
on 27/11/2016, 07:34:39 UTC
After reading some comments I realize that my story is not that much different, most people think of bitcoin as the currency of criminals or think is to complicated to use, but it is their loss since they are not going to be there when the price rises.
Well we needed to provide them right knowledge about bitcoin i guess giving them right and positive information about this will change their minds and start to research about this currency and for sure they will begin investing as well.

i hope it can helps them to make a research about bitcoin because many people push their attention with offline jobs because they think its real, they can see with their eyes, and they can feel the money while bitcoin is like a stock and they can not see what kind of this thing, how its looks of bitcoin, and anything else. i hope that in the future many people will be open minded as other people that  know bitcoin in the early.
Yeah you are very right. My sister is working on a company as a secretary and me I am only staying at home and do online job. My sister is telling me that I can earn as high as she earn , But opposite happens Im earning much money than her. She is not believing on money online he is just struggeling herself into her work everyday . While me Im just sitting around my computer and starting to make money
After reading some comments I realize that my story is not that much different, most people think of bitcoin as the currency of criminals or think is to complicated to use, but it is their loss since they are not going to be there when the price rises.
Well we needed to provide them right knowledge about bitcoin i guess giving them right and positive information about this will change their minds and start to research about this currency and for sure they will begin investing as well.

i hope it can helps them to make a research about bitcoin because many people push their attention with offline jobs because they think its real, they can see with their eyes, and they can feel the money while bitcoin is like a stock and they can not see what kind of this thing, how its looks of bitcoin, and anything else. i hope that in the future many people will be open minded as other people that  know bitcoin in the early.
Yeah you are very right. My sister is working on a company as a secretary and me I am only staying at home and do online job. My sister is telling me that I can earn as high as she earn , But opposite happens Im earning much money than her. She is not believing on money online he is just struggeling herself into her work everyday . While me Im just sitting around my computer and starting to make money

Many people are not familiar with bitcoins, my friends asking me what is bitcoins, i am also working full time and also doing part time job on earning bitcoins in any online site that can give me bitcoins. they are thinking that collecting bitcoins is just a waste of time. But when i explain to them how useful are bitcoins are, they now understand me and they are now also collectimg bitcoins. Bitcoins is very good investment and good form of savings.
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Board Economics
Re: How much money do you have left from your job?
by
groll
on 26/11/2016, 15:46:48 UTC
well I I'm earning as much salary as you guys in this thread are earning I'd be able to buy my own house now after working for 5 years. it's quite hard when you're from a developing country but I'm a bit thrifty when it comes to managing my salary so I can say I have a pretty decent savings in the bank
Wow this is great that you can really earn from your job and you are really pursueing that dream come true after working for 5 year's hoping that i can really do some great things in my work and then get paid as much as high are your's and i know how to manage my salary but my problem is im a jobless.

Every  one of us do have  dream regarding  on  building  our own  house, business and other  essential  things  on  our life.  Having  plans  and  goals would  really motivate us thats  why we could able to save  up  money for future and   with that  we could for sure achieve it  on short period of time  but  this would  really depend  on  what  job do you have. If you do  only  placed  on  regular  low rank  job for sure  you would really have a hard time  to  achieve  your dreams.
If you are on low rank pay you should consider looking for alternative source of income to complement the one yo have so that it add up to give you  big pay that can help you solve your problems at any time any problem arises.
I agree with you, alternative source of income was really indemand, almost everyone are looking for another opportunity that can give extra income, on my own experience, nothings really left on my salary, all goes to expenses thats why i am really eager to earn more on bitcoins to st least have an extra money to spend with.
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Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
groll
on 26/11/2016, 15:41:34 UTC
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?

Me i've discovered bitcoin few year's ago where i start earning from faucets and giveaways from websites then learn on how to invest small amount of bitcoin. Till then i learn on how the trade works the difference between bitcoin and real money is in bitcoin you can use this currency to earn or to invest to earn money but you cannot use bitcoin as physical money not real money you can exchange your bitcoin into fiat money and then use that to buy things

There are many differences between real money and bitcoins, first you cannot hold bitcoins physically and buy it on a simple store while money can, bitcoins are digital, fast transactions, hasa limit where to spend once it was still not converted on fiat, you need to excmhangd it first befire you can use it on store. While real money has no limitations, you csn use it and pay instantly your money whenever store you go.
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Board Bitcoin Discussion
Re: Do Bitcoins have Tax??
by
groll
on 26/11/2016, 15:33:41 UTC
Yes bitcoin has a tax everytime you are going to make an transcation using pear to pear or person to person as you can see every time you are going to send bitcoin the tax are input in the transaction details or every time you are going to withdraw your money or exchange it into fiat currency. Hoping that goverment will not impose taxes soon.

Bitcoin is non taxable digital currency, maybe what you mean was the transaction fee. Transaction fee is needed for the transfer of funds so that the provider of wallet can also have profit, but thats not a tax, bitcoins are not controlled by government so they cant put some tax on every transactions, but once bitcoins have been legalized, tax will surely impose.
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Board Economics
Re: Bitcoin can not replace fiat
by
groll
on 26/11/2016, 15:04:31 UTC
Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
Bitcoin can not really replace fiat we know that bitcoin is a very good currency in this internet and has a asset and any many alternative coins if you are going to or if there a chance that bitcoin will replace fiat then how about the other currency ? Is bitcoin gonna cut out the entire relationship with fiat?
Yes, bitcoin invented to become better medium of exchange and design to decentralized which use advanced technology around the world, it is online currency but ever been made the physical of it. I like the idea of bitcoin but I agree it won't replace fiat, mean people will still use fiat for their daily lives.  We are waiting for the time comes when bitcoin already well-known by everyone and use everywhere just like fiat, it would be another method of payment but better than fiat, because the value keep increasing since the first time bitcoin was created.

Yes, of course! Bitcoin cannot replace fiat, bitcoin is designed for optional choice or alternative way of payment, it was digital and not all people use bitcoins, i think only small percentage of people on earth  are using bitcoins, theres also limitation in using bitcoins online unlike on fiat you can do whatever you want. Fiat is the currency that all people recognizing and nothing can replace fiat. Fiat is the number 1 needs of all people.
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Board Economics
Re: Is Paypal a scam?
by
groll
on 26/11/2016, 14:57:16 UTC
Paypal is a trustable company, I am using them for many years and I have not any problem to transferring my money into my bank accounts. Normally I receive always my fund on time in only 2 business days.

So is not a scam site, and they take the security seriously.

I am also trusting paypal until one day i was about to cash out my earnings but it wss in freeze! I am reaching thier costumer sevice and ehen i reach them, they are asking for so many documents including my id, birth certificate, income tax return that i dont really understand. After providing all the necessary documents they told me that they found malicious action in my account, what the! That is my first time to withdraw so what malicious action they are talking about?
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Board Economics
Re: Money As A Product Of Innovation
by
groll
on 26/11/2016, 14:46:01 UTC
in this sense it is still a legal tender in the developing countries, in addition to digital money is still being developed in several countries, not many people know about bitcoin and as product innovation will continue to be developed in the near future, I think bitcoin this is more effective and efficient. Shocked
Well,  No money innovation would be complete without mentioning cryptocurrency and there’s no space here to explain how bitcoin works. But much like Tide, salt, stones or many of the other weird things we’ve used to represent value; users of Bitcoin agree on it’s worth due to the transparent technology it is built on. The original invention of money allowed people to ascribe value to a person.
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Board Economics
Re: Bitcoin worth to you or not...
by
groll
on 26/11/2016, 14:40:28 UTC
We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
For me bitcoin is really worth to me since I can earn bitcoin without capital investment and I can easily pay my all bills through coins.ph using bitcoin in my country, and the most exciting part is you can send fast without knowing your identity.

Yes i agree... bitcoin is very worthy, if how i value money, that an also equal value i gsve on my bitcoins, bitcoins is also money in digital form, bitcoins makes other transaction of my life easy. Like i can buy my other basic needs from my bitcoin profit. Pay bills without falling in line in payment center, buy loads even at the middle of the night and most, i can have money whenever i need. Thats why bitcoins ard worthy to earn.
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Board Economics
Re: The dream of getting rich with bitcoins
by
groll
on 26/11/2016, 14:32:54 UTC
   This is universal dream, I would like to get rich and looks like bitcoins gave an opportunity to us who are working for bitcoins to make some little fortune. I see others succeed already and I think I'm not to late to do something here. I have a goal and that is good, I'm pursuing my plan.

That's good. Keep your hope and move forward. Most of the users at the beginning think that through bitcoin can become rich in a short, but what I've seen is different. Early adopters had become rich and very few others who already have huge fiat have become more rich on investing through bitcoin. Just most of the users have a living with bitcoin but haven't become much rich as most expect.
Put in mind that if they have the chance to get rich then so do we, it's just a matter of time, we need to wait and be patient and only when we start to invest now will we have a chance to be profitable in the future. I am not saying guaranteed as it's just a chance and it's risky.

I agree.. getying rich is not instant like instant noidles 😀😀😀 we should be patient and work hard fof our dreams, nothing is impossible. Im not dreaming to become rich o  bitcojns, why? Because there's a lot if scam in this community and we are nit sure if our investment will back. Investing bitcoins is like a gamble, we are all taking risk, all we have in our hands is our faith that we will earn more in our investment.
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Board Economics
Re: Best way to manage money?
by
groll
on 26/11/2016, 14:20:56 UTC
For me i do every time i received my salary i less first the 5% for my savings and the rest it will spend or invest because i do that for my future i always save first before to spend.

Though this is not new this is good news. Many have been flexible with their money and are trying to convert it to bitcoin. We should pass this kind of technique to many because it will not hurt much with their salary and in a year they could end up with a great sum of bitcoin.

Saving even a small percentage of our salary is a nice, its very important to have savings so that in case of emergency you can have money to spend. The best way? I dont think that there is, its really hard to save niw because of high inflayion rate of our daily needs, i think just spend according to your needs is the best. And do not spend more than your income. If you can invest a small percentage of your money then do so. Invest, earn and save.
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Board Economics
Re: The future of the paper money
by
groll
on 26/11/2016, 13:58:20 UTC
Bitcoin would be easy to use than debit cards if more establishment will accept bitcoin. It's easy for them and for use and they can increase their income the same with lessening their workforce. It's convenient to use it.

I don't really think that Bitcoin can be easier to use than debit cards. There are already a number of Bitcoin payment cards issued by some web wallets and exchanges (Coinbase, Xapo, etc), but they are basically the same plastic cards that are in the widespread usage today. Ultimately, this technology doesn't depend on the type of the currency it is used to process. If you refer to paying with smartphones, I don't think it is a good idea after all...

Let alone the convenience of using smartphones for payment
Yes, having debit card issued by some web wallet is just the same from the debit card came from bank, once you've transfer your bitcoin on your debit card it will also money, thats why i am thinking why others are comparing money on bitcoins?
Paper money can never be replace by any digital currency because all people needs it.
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Board Bitcoin Discussion
Re: Bitcoin Worldwide!
by
groll
on 26/11/2016, 13:48:36 UTC
Do we have any website where we can get the general statistics that during the day which country has bought or sold bitcoin?

Something like live buy/sell amounts will also help if we have any such thing?


I dont think so. There are too many website wallets now to where you could buy and sell and send. So this is impossible now to know the statistics of all those who do transactions.
You can use trading site to buy bitcoins, you will see the live statistic of every currency in thst site... bitcoins are now using on worldwide. The community are supporting bitcoins to become woldwide cryptocurrency.
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Board Economics
Re: The future of the paper money
by
groll
on 25/11/2016, 19:11:34 UTC
Some country are getting saturate to use paper money,  its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.
I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time
Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

It is impossible to replace for me because it was made by banks that control by government and i think government will not allow bitcoin as new currency or replace paper money..
Bitcoin is just always good for alternative that we are adopting right now..
The only money that can now free to use without resorting to mechanical st digital device, it is made of paper. That kind of money on the outskirts of major cities.

Money is only an agreement from the lender that he is liable to pay the borrower the certain amount of goods or services equivalent in the foreseeable future.
If we look at the history of money, in the initial days, there was no concept of money and only one type of good was exchanged for another type. So going in this way, the future of paper money isn't very illustrious, cause it is very susceptible to damage by natural and man-made
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Board Bitcoin Discussion
Re: If bitcoin died tomorrow
by
groll
on 25/11/2016, 19:05:49 UTC
If bitcoins died tomorrow i would convert all my bitcoins to litecoins and keep it as it is until and unless the price of bitcoins rise to a very high amount and transact it day by day so that i can have a happy life.and enjoy it to the. Fullest . Smiley
If bitcoins die tommorow, i will convert it to fiat and move on. Look for another cryptocurrency that can replace bitcoins. I know its hard to look for another cryptocurrency that as high with the value of bitcoins but i must move on. This speculation might happen, theres no impossible things in this world so we better get ready so once this happen, at least we already know what to do.
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Board Economics
Re: Do you Still believe in Fiat?
by
groll
on 25/11/2016, 19:01:30 UTC
Thanks to bitcoin we got a new option if you cant trust fiat anymore. But I can say it will be living for long as long there are places that cannot be reached by technology. It will be only us who lives in cities can do it for now.

Indeed mate.. bitcoin will still exist in the future and so as fiat, but fiat will not be out of the picture because everyone in the world uses it, bitcoin value is also depending on fiat. Without fiat, bitcoin will be worthless.

Yes i agree with you!fiat is very important, we should always remember that bitcoin is just an alternative ways of payment. Bitcoins is very useful but lets not compare it with fiat, fiat is very important for us because we are using fiat everyday and if you are about to use your bitcoins, we are also converting it on fiat. Lets not forget that fiat has no limit unlike on bitcoins.