It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
In my opinion, bitcoin was created according to the criteria of a method of online payment safe, effective. But there are surprises happening. It is characterized by decentralized supply being exploited in the pursuit of profit. That has changed bitcoin into an investment choice by the spreading effect of popularity. Bitcoin outperforms paper money and "virtual money" like webmoney, payza, paypal ... but it will not be comparable to paper money of each country in terms of operation and maintain value.
Topic: I do not consider bitcoin as a way to make some money (Read 264 times)
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
Of course Bitcoin was created to revolutionize the traditional finance transaction system where people had to wait in long queue at the bank. Now with Bitcoin and the Blockchain technology, just a single touch at your own convenience will have all your transactions processed under good security, owner control, fast transaction and at low cost. Also, you can earn some good profits by investing in Bitcoin especially setting a long term goal for that. Consider someone who bought BTC when the price was at $6K and now the price reaching almost $9K - that is a good profit margin and i don't think the story will end there, BTC is about taking another climb on the graph.
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
Bitcoin is not a way to make money. Bitcoin is just a service that people believe in it and they like to use it that define it's value. I don't know if I said it right. But bitcoin is just a good thing now it started it all. It's not really the way but it's the payment of the thing we do. It's called bounty. Lots of ICO's comes out and brings the thing called bounty and airdrop. In that thing you earn something as payment exchange it to eth or btc and then dollars. Bitcoin can be consider as a way of living if you know how to use it.
Bitcoin as a legendary innovation is still at its early stage of mainstream adoption and use. I quite agree with your line of thoughts as regards the core intention of the creator, however, besides its peer-to-peer objectives, bitcoin promises other huge potentials and people naturally would adopt it based on individual need.
Secondly, its fixed supply makes appreciation inevitable and by default hodling it comes with rewards. This very nature of value appreciation has changed peoples' perception and a lot of people see bitcoin as a store of value and/or asset.
Secondly, its fixed supply makes appreciation inevitable and by default hodling it comes with rewards. This very nature of value appreciation has changed peoples' perception and a lot of people see bitcoin as a store of value and/or asset.
Bitcoin is not the ultimate profession to jump into for making huge amounts of money by trading and investing. Its an ambition to make some easy money along side which is definitely a brighter platform to seek the luxuries of life. Getting some insight into it would make anyone earn and live their dreams, do not jump into conclusions without experimenting.
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
If you dont consider bitcoin as a potential to earn money, I think you have not fully understand it's great potentials. I advice you to do more readings and research about bitcoin for better undertanding.
Bitcoin ultimately needs to obtain circulation value, and its role is not just to make money. Its value comes from the group loyal to it and using it. Of course it can also be used as an investment, a tool for making money depends on your opinions and practices.
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
That's really the purpose of btc but who won't grab an oppurtunity to make some money? Isn't it other local currency is being traded as well. Trading is also consider as a job because you are putting effort and making money out of it. We can't also stop people think of btc as a way of making money because many have earned decent amount just from btc and it has been practiced since then.I think the people got so interested with bitcoin because it had attracted them to earn good profit just like any other people that is involve with bitcoin. Another thing, bitcoin is not just for investment purposes but it is still used in businesses such as money transactions, paying bills using this currency and other business related applications. The other good thing about bitcoin is that people can earn btc by joining some signature bounty campaigns and other social media bounty campaigns without investing money in it.
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
That's really the purpose of btc but who won't grab an oppurtunity to make some money? Isn't it other local currency is being traded as well. Trading is also consider as a job because you are putting effort and making money out of it. We can't also stop people think of btc as a way of making money because many have earned decent amount just from btc and it has been practiced since then. 
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
If you dont consider bitcoin as a potential to earn money, I think you have not fully understand it's great potentials. I advice you to do more readings and research about bitcoin for better undertanding.Thanks. You are right in saying that bitcoin has a potential to earn money. But what Im saying is that bitcoin is not only a way to earn money. What makes 1BTC much more than $1, while 1BTC is just digital data, can bring a great change into our social system, which is based on bank capital.
While this is true and I understand what you're saying, there are plenty of people that think the current banking system is very flawed. These same people think that the blockchain can solve a lot of the problems that plague the banking system. There's also plenty of people that think the blockchain and cryptocurrencies can improve the way we pay for goods or send people money.
Thats the beauty of Bitcoin and the blockchain currently. Its still such a young product and platform that it can still be molded into something that can solve a lot of problems for many people. There's still a lot of changes that we will see.
I think I don't agree with what was quoted about bitcoin, in my opinion bitcoin is use as a currency for investment because of it's growth that could earn a good profit and the other use for biitcoin is use as currency for payment transaction to any business application that adopted the use of this currency.
first question, what coin is the most popular of all coin? second what coin did other said that it is the king of all coin? third what coin got the highest value in history?? i know all of your answer is bitcoin. but what did you said that you didnt consider bitcoin as a way to make some money? if bitcoin is the higher price of all coin??
the profit (or making money) part of bitcoin is something inevitable. bitcoin has value and this value is rising and that makes it also an investment on top of being a currency. and that is OK. even currencies (fiat like USD, JPY,...) are being traded on Forex market and people are using them to make money and that is OK too.
we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
I don't really get what you're trying to say here, is it about the usage of it or any other reason to consider something? Its true that the purpose of bitcoin was to cut off the middleman in a transaction and reduce transactions fee however as more people try to use bitcoin while the supply is limited, the price tend to rise and its just become another normal way to gain some income. I don't think trading is such an easy way to gain money, its easy when the the trend is still showing upside sign but if you look at it now, most people don't even trade anymore instead they just keep holding to what is on their porftolio now. 
The main goal for bitcoin definitely is not to earn huge amount of money by means of investing and trading, But even if there are main purpose on the use of bitcoin many had come up ways in a newly currency that is bitcoin and I really think even if this is not intended by satoshi in the first place it is indeed great to have something like Cryptocurrency to take profit every time you make a trade, invest and work your heart out with ICO's bounty.
It is true that, nowadays, you can earn money by trading some bitcoin. However, by its nature, bitcoin is not something like that at all. Satoshi Nakamoto, its creator, has invented the system of block-chain as a way to make it possible a peer-to-peer payment system on the Internet without third-party organizations. Thus, for bitcoin to be a pioneer of a brand-new social model or to be something revolutionary, we should SEPARATELY consider bitcoin (and other virtual "currency") and currencies issued by nations.
It was made to be the currency, but for it to be used as a currency it has to have value. Value is determent by supply and demand and thus it has nothing to do with what bitcoin was designed to be. Until we reach huge adoption where many people use it as a way to trade and transfer value between each other, for this it's price has to be higher than it is today you will see that price is not near to stable. You can't change that.
some newbies here always post want they think about bitcoin and more of them are don't know really bitcoin so they post nonsense but they not know that so i hope i teach you some basics here to be knowledgeable about crypto first when i'm newbie here i trade some btc in mercatox but start only to trade btc there then i monitor different coins like eth,doge and more then after a few months i think to better buy ethereum actually i start in january 2017 and i already earn big here in trading like i buy laptop and i have saving in wallet here in crypto then in bank too after that i use my knowledge to do constructive post if i already in campaign so i recommend to study crypto more and don't post first here in forum because there's a lot of ways to earn here like faucets,gambling,trading,translation and different campaign
Well, Bitcoin is a financial asset, and as we know assets are generating an income. So, indirectly Bitcoin is someway to make sums of money. It is indeed Bitcoin created with a clear vision but Bitcoin has grown larger and become a financial assets.
It depends on you how you understand and use Bitcoin. But fact is that Bitcoin is an asset to grow your money. Bitcoin is also an instrument to earn money. The main focus is money.
I think you still do not know more about what bitcoin is, and how it works, and how to do it to increase the bitcoin itself, you try to read some more articles about bitcoin, how to get it and how to profit from bitcoin instead that's all you can consult with those who are more expert about bietcoin
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