Methods of growing your Bitcoin? - page 97.

danherbias07

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Quote from: thirdchance57 on December 18, 2015, 05:43:32 PM

People need to understand that making your bitcoin grow is not solely dedicated to the price increase of the Bitcoin. This rise in price is dependent on the supply and the demand. Think of it like this, if you have 1,000,000 bitcoin in circulation and you are selling a bobber for 1,000 BTC, you could only ever sell 1,000 bobbers before all the BTC in circulation has been used. When this happens and people really need your bobbers, they will pay more for that BTC in order to get that bobber. This is the same strategy we need to incorporate the same theory into the general public. We need retail establishments to start accepting BTC as a form of payment. The more people that accept this as a form of Payment, the more the coin will be needed and thus the price will increase.

Yes it is from the buyers and the demands that makes it rise. Bitcoin should be circulated so that price will increase more. It should not be keeped with a lot or else it will come back down.

BTT

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Investing is a very good one, although please don't fall for any ponzi schemes Roll Eyes

Sturgeon

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Quote from: callynyan on December 18, 2015, 04:37:35 PM

I'd suggest you trade altcoins, profit from the spread.It might not give much but it definitely is safer than other investment options.

i do it too some week ago im buying doge at 36 then i sell my dogecoin at 39sat Cheesy

altcoin trade is very fun, but you must beware some altcoin created only to deceive and rob your bitcoin Lips sealed

Hellacopter

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Quote from: randy8777 on December 18, 2015, 06:32:15 PM

Quote from: BowYang on December 18, 2015, 05:18:52 PM

Best method is holding it Cheesy

But if you want to have more Bitcoins, do the same things as you would for more dollaz...

bitcoin is still relatively new. a lot of the investment possibilities turn out to be a scam. it's basically not worth to risk your coins. especially now the block halving is not far away. you'll make profits by just holding it. the amount of coins that you have won't increase, but the value in $$$ will go sky high.

Holding the coins till the next halving -at least- could be really profitable, because we guess that the prices will rise after this event soon
So i think it's not bad to buy Bitcoins nowadays and hold it

randy8777

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Quote from: BowYang on December 18, 2015, 05:18:52 PM

Best method is holding it Cheesy

But if you want to have more Bitcoins, do the same things as you would for more dollaz...

bitcoin is still relatively new. a lot of the investment possibilities turn out to be a scam. it's basically not worth to risk your coins. especially now the block halving is not far away. you'll make profits by just holding it. the amount of coins that you have won't increase, but the value in $$$ will go sky high.

thirdchance57

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Quote from: betohell on December 18, 2015, 05:45:07 PM

Quote from: shanerc563 on December 17, 2015, 01:42:08 PM

I think the best way to grow your Bitcoin at this time would to be let it sit and gain value. It keeps gradually rising in price so will it fall a bit. I am hoping to see when it is high and buy it back when it is low.

it's like a trade? or a kind long-term investment and short-term
I usually trading bitcoin. moreover I can make it for long-term investments. just sit down and look at the increase in value

You can not always just sit there and watch the value grow for no reason. There is always the chance it will fall back down again. Look at the history, it grew and then dropped bad. You never know when that may happen and you need to be prepared for this to happen.

betohell

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Quote from: shanerc563 on December 17, 2015, 01:42:08 PM

I think the best way to grow your Bitcoin at this time would to be let it sit and gain value. It keeps gradually rising in price so will it fall a bit. I am hoping to see when it is high and buy it back when it is low.

it's like a trade? or a kind long-term investment and short-term
I usually trading bitcoin. moreover I can make it for long-term investments. just sit down and look at the increase in value

thirdchance57

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★Bitvest.io★ Play Plinko or Invest!

People need to understand that making your bitcoin grow is not solely dedicated to the price increase of the Bitcoin. This rise in price is dependent on the supply and the demand. Think of it like this, if you have 1,000,000 bitcoin in circulation and you are selling a bobber for 1,000 BTC, you could only ever sell 1,000 bobbers before all the BTC in circulation has been used. When this happens and people really need your bobbers, they will pay more for that BTC in order to get that bobber. This is the same strategy we need to incorporate the same theory into the general public. We need retail establishments to start accepting BTC as a form of payment. The more people that accept this as a form of Payment, the more the coin will be needed and thus the price will increase.

BowYang

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Best method is holding it Cheesy

But if you want to have more Bitcoins, do the same things as you would for more dollaz...

Abiky

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Quote from: harizen on December 18, 2015, 09:26:33 AM

Quote from: Abiky on December 18, 2015, 08:43:13 AM

Quote from: agustina2 on December 18, 2015, 05:14:37 AM

Quote from: Oscoda on December 18, 2015, 05:01:23 AM

Quote from: agustina2 on December 18, 2015, 04:49:43 AM

Quote from: shanerc563 on December 17, 2015, 01:42:08 PM

I think the best way to grow your Bitcoin at this time would to be let it sit and gain value. It keeps gradually rising in price so will it fall a bit. I am hoping to see when it is high and buy it back when it is low.

Then goodluck with your sleeping profit. Didn't you know that you can make profit while waiting for the price to be skyrocket. Don't have to wait much that long.

How high do you thing 1 years is not that long to wait if you just want 1000 dollars.
For some people don't have patients so that is why they do other methods t o get more bitcoins.

Ok. Let's have the same 1 bitcoin today for example. You wait for 1 year then I will not wait. Let's meetup after 1 year then let's see who will have a big profit. And exactly 1 year that we will meet, price rose up to $1000.

Make sense.

Well, when the next halving comes the price would rise all the way to $1000 (if it ever happens) and then you will not necessarily be growing your Bitcoins, but the value in USD of your BTC stash will grow exponentially and you will make big profits. That is why I am holding most of my BTC and controlling my spending because of this.

You point if "if ever it happens". So why focus on just holding and holding. In my case I don't want to let my coins just sleeps in my wallet if there is a way that I can use them and rotate to acquire more coins than just to wait to increase it value. Much better if I acquire more coins to increase their quantity so that if ever "that" will happen, Im much happier because the quantity increase that will increase the value too.

I'm just saying if it "ever happens" due to the fact that cryptocurrency itself is unpredictable (like most alt coins prices) It could go either up or down, nobody knows but I'm pretty sure that BTC price would rise more than what it is right now when the next halving comes. Roll Eyes

callynyan

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I'd suggest you trade altcoins, profit from the spread.It might not give much but it definitely is safer than other investment options.

sishendaoye

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Quote from: Abiky on December 18, 2015, 04:14:28 PM

Quote from: BruceLee007 on December 18, 2015, 04:11:49 PM

i think the fastest way to make more money if you have some money is to gamble your bitcoins though there is a huge possibility that you will end up without having anything also you can try participating in signature campaigns as they usually pay a lot for decent amounts of work

Exactly. And the higher rank you have, the better the earnings in signature campaign. The best part of signature campaign is not especially the earnings, but you get to increase your knowledge of BTC and other crypto currencies as well. Grin

Yes the higher rank, but also it take time to get it that high rank like you in full member.
Some people just buy a full member or sr. member to just earn bitcoin thru is. Actually is kinda smart.

Abiky

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Quote from: BruceLee007 on December 18, 2015, 04:11:49 PM

i think the fastest way to make more money if you have some money is to gamble your bitcoins though there is a huge possibility that you will end up without having anything also you can try participating in signature campaigns as they usually pay a lot for decent amounts of work

Exactly. And the higher rank you have, the better the earnings in signature campaign. The best part of signature campaign is not especially the earnings, but you get to increase your knowledge of BTC and other crypto currencies as well. Grin

greBit

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Quote from: wildan88 on December 18, 2015, 01:32:53 PM

Quote from: blackmachinegun on December 18, 2015, 09:13:25 AM

Quote from: YuginKadoya on December 18, 2015, 09:06:35 AM

Quote from: wildan88 on December 18, 2015, 08:58:47 AM

so far I play gambling just for fun and it was quite fun to make some small profit.

if playing gambling and has a target to grow bitcoin on gambling it is a big risk to lose much, because you will always be addicted to make more profits

Yup making profit really is addictive, but in gambling that is a big problem if your going to be addictive towards it, well it is better to lose money but in a case of an addicted to gambling you will even lose you family and friends because of it, so be very careful and have a safe spot in your betting.

there are many ways to growing your bitcoin, more easily and safely in addition to gambling, why dont you try another, gambling only reduce your money dude

yes i also have a way to grow another, such as trading, mining and signature campaign. gambling just for fun

Exactly there are many other easy ways to grow you Bitcoin I mean increase rather choose a signature campaign or trading which would not only help you earn but also will give you more knowledge of BTC.

BruceLee007

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i think the fastest way to make more money if you have some money is to gamble your bitcoins though there is a huge possibility that you will end up without having anything also you can try participating in signature campaigns as they usually pay a lot for decent amounts of work

Oscoda

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To grow your bitcoin you should complete micro-tasks to get Bitcoin, sell your items, watch videos and get paid in Bitcoin.
You can do a lot of growing your bitcoin so just search in google.

Abiky

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Quote from: Bitcoinbro on December 18, 2015, 04:01:56 PM

Buying some cloud mining is a good way to expand your bitcoins. But beware there are also many scam cloud mining party's

For me the only one I would consider is Hashnest and a month ago, also Cryptsy Cloud mining.

Cloud mining could be a great way to grow your Bitcoins, but it can be very hard to actually get a ROI because you have to take into consideration electricity and maintenance fees. Hashnest and Genesis Mining is by far the best and probably legit cloud mining services out there. Other than that, the rest are just scams or ponzis trying to steal your hard earned BTC. Just my opinion. Grin

Bitcoinbro

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Buying some cloud mining is a good way to expand your bitcoins. But beware there are also many scam cloud mining party's

For me the only one I would consider is Hashnest and a month ago, also Cryptsy Cloud mining.

mskryxz

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This has probably already been mentioned earlier in the 156 pages of this thread but +1 to Hashnest cloud mining. It's a small amount returned but still better than nothing.

wildan88

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Quote from: blackmachinegun on December 18, 2015, 09:13:25 AM

Quote from: YuginKadoya on December 18, 2015, 09:06:35 AM

Quote from: wildan88 on December 18, 2015, 08:58:47 AM

so far I play gambling just for fun and it was quite fun to make some small profit.

if playing gambling and has a target to grow bitcoin on gambling it is a big risk to lose much, because you will always be addicted to make more profits

Yup making profit really is addictive, but in gambling that is a big problem if your going to be addictive towards it, well it is better to lose money but in a case of an addicted to gambling you will even lose you family and friends because of it, so be very careful and have a safe spot in your betting.

there are many ways to growing your bitcoin, more easily and safely in addition to gambling, why dont you try another, gambling only reduce your money dude

yes i also have a way to grow another, such as trading, mining and signature campaign. gambling just for fun

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