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Steve5

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Everything posted by Steve5

  1. I think bitcoin will grow as well. Though, it might take some time. It's currently unstable due to different factors. Lots of investors are closely watching its price change.
  2. That's generous of you. We can all use more good deeds in this world. I'm sure people appreciate the knowledge and experience you share with us. I hope you receive more blessings in life. 😇
  3. Thank you for sharing this knowledge. I'm sure many who are interested in investing with bitcoins will benefit from it. I'm learning about the strategies when it comes to making money from it.
  4. I don't know. But it seems really stable right now. I'm sure those who invest big money in it know its worth. So just keep investing where you're sure to grow your money.
  5. As of now, I don't think so. But this could very well change in a matter of days or months. Stuff like this is highly unstable. It would be fortunate for those investing if the value went higher.
  6. I think one disadvantage is that it's not so easy to transfer into cash. While there are available means of doing so, they're not very convenient for lots of users. Though, this could improve as time passes by.
  7. I like how put it. Yes, the stock market is the closest thing we have to our dealings with cryptocurrency. That's why those experienced in the stock market are confident in how they play their cards. I'm sure more of us will connect the dots as we continue using bitcoins.
  8. I'm not sure what you mean. But I think bitcoin will continue to rise. It probably will keep increasing its worth even after it runs out. So much can happen with this virtual currency.
  9. I think it's obvious. There's always some level of risk associated with digital currency. But there's nothing to fear if you don't have much money stuck in bitcoins. Most users quickly transfer their funds into real life money so as to avoid this issue.
  10. Yes, it's very reassuring. Those who've had successful transactions are well aware of its advantages. I'm confident many will profit from it with enough time and experience. And sometimes a little bit of luck.
  11. I'm sure others will find it helpful. Now that you mentioned it, they might try to see how it works for them. New users will appreciate this site for its legitimacy and convenience.
  12. I know, right? People nowadays assume that next biggest thing is totally worth it. While it does payout, you can't expect to have your wishes granted almost immediately. Most people who earn through bitcoin have painstakingly invested not only their money but also their time and effort. Just to make sure everything goes smoothly.
  13. I think it could still prove worth investing if you have the right resources. Also, it's still a risk. So you might want to be sure that you have the patience for the payout you're hoping for.
  14. I think it will continue to rise as time passes by. It's likely to continue being used widely by everyone. Maybe most users are waiting for it to run out so that the value will increase.
  15. I guess one way of putting it is the government has no control over it. It seems like they want to find a way to put tax on it just like everything else. But I doubt they'll succeed any time soon. It's currently used by many people all over the world. So having no tax to pay makes for a unique advantage.
  16. I see what you mean. Though, I feel like bitcoin has been used for illegal transactions long before it became famous. It might not be the only kind of currency used for that. People have a way of finding means to support their illegal activities. Such is the way of the world.
  17. I'm glad to know that coin base has worked well for you. A lot of new users are thinking about using it. Some are a bit skeptic due to other sites closing down. There's just too many scam sites circulating these days.
  18. This also reminds me of investing in banks. I think not many people are really interested in bitcoin mining. What they're interested in is making money off it. But as people have begun to realize, you need to be aware of the costs and efforts needed in order to reap rewards in bitcoin mining.
  19. It's kind of a risk to trust most sites. But legitimate sites are the safest bet for many who want to use bitcoins. The positive reviews assure you that others have used it before you. So you can safely use your cryptocurrency there.
  20. I think it's somewhat secure. It really depends on where you'll store your bitcoins. I've found that many users are satisfied with their bitcoin security. So it's probably safe enough to not worry too much.
  21. I think so. It wouldn't be far-fetched to think that way. It's currently used for paying illegal activities. I've heard that it's prevalent in the deep web. So much is going on outside our normal world.
  22. I think the price will increase as time goes by. It's not surprising that many are now following the hype. It's somewhat a race to collect as many bitcoins before it's all gone. And then the price will skyrocket once there are none left to mine.
  23. True. Not many people have the patience for it. I think they'll spend their time better if they focus on stuff they enjoy. Bitcoin mining really isn't for everyone. You don't have to follow the trend if you're not into it.
  24. It's always been this way. Financial institutions seek to gain money from whatever prospects are available and within their reach. I don't think they care about the people who made an effort in mining bitcoins. They just want to ride on the hype while it's still hot. But I guess it's still better nothing since you don't have a choice.
  25. It's kind of sad that banks only accept bitcoins with a reduced value. I wonder why that is. It probably has to do with profiting in the exchange rate. And yes, other currencies just have too high of a minimum withdrawal amount before you can actually use them.
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