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Bitcoin => Bitcoin Discussion => Topic started by: dohh on June 25, 2018, 10:53:26 AM



Title: The truth about bitcoin
Post by: dohh on June 25, 2018, 10:53:26 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




Title: Re: The truth about bitcoin
Post by: Beroximos on June 25, 2018, 11:01:40 AM
I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.


Title: Re: The truth about bitcoin
Post by: brickafterbrickwalldpt on June 25, 2018, 11:09:02 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:11:47 AM
I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.

Im happy You agree. And especially I like Your idea, that everyone should be aware of all risks.

This is one risk, that enthusiasts dont like to discuss a lot: Bitcoin with decept propability, can be a monetary scheme, because service, that it is claimed to carry, may be worthless or very unreasonably priced. If this risk comes to reality, everybody, who actually paid real money for it, will lose everything.

Why I say so? because it requires only a mediocre sense of maths, one to understand, that mining of one coin is ridiculously expensive. Doesnt matter, that this money is scammed on the bill of electricity and not in dollars. Its still the same - there is no point to mine bitcoins. And if there is no point of doing so, it means product is empty... it only baseson (false) hopes and promises.



Title: Re: The truth about bitcoin
Post by: TheQuin on June 25, 2018, 11:15:43 AM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion? You seem to have made a straw man (https://en.wikipedia.org/wiki/Straw_man) to attack.


Title: Re: The truth about bitcoin
Post by: sunita01 on June 25, 2018, 11:17:52 AM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.


Title: Re: The truth about bitcoin
Post by: Pixyoxx on June 25, 2018, 11:19:18 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




All the propositions relating to salary, enterpreneurship etc didnt really go well with me, but the the fact tha btc aswell isnt in any terms easy, good and readily available is a well thought point.
Earning btc is a hastle, buying it is another big deal. And the stability and trustablity of bitcoins are quite shaky at any point of time. While people have turned millionaires with it, some also brough lots of misfortune when ut went down or rather crashed. So btc is not something that can be termed easy and good money. Its very very risky.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:20:16 AM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion?

Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.


Title: Re: The truth about bitcoin
Post by: fargoway on June 25, 2018, 11:22:32 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

If the money good, easy, risk free that available for everyone - it doesn't have any value at all.


Title: Re: The truth about bitcoin
Post by: TheQuin on June 25, 2018, 11:23:33 AM
Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.

Who are 'they'? Bitcoin is not a group of people. Bitcoin cannot have made promises. I doubt you understand the meaning of this.


Title: Re: The truth about bitcoin
Post by: Filthy1 on June 25, 2018, 11:25:48 AM
All investments are risky you can lose all your superannuation you have accumulated from work Bitcoin is no different but you make a choice DO NOT INVEST WHAT YOU CANT AFFORD TOO LOSE take a $1 and build an empire ;)


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:26:32 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
While I agree very much, that those rules apply on many assets, people have right to panic, if they have paid real money for nothing. Once again: technology may even be right (Im not saying it is, but leaving possibility open), but it still may be unreasonable use of it. As I wrote in last post: calculate what is the real cost of producing one coin? Multiply electricity and hardware costs of all miners (those who succeed and those who not) and divide it with actual number of coins released... You understand pretty well, its so ridiculous price for blockchain, that it just CAN NOT work in context of currency.


Title: Re: The truth about bitcoin
Post by: rizki90 on June 25, 2018, 11:28:57 AM
it is true any form of investment has risks. for bitcoin is an investment that has the greatest risk, but it will also be very profitable. behind all existing investments, for digital currency especially bitcoin is a good investment in the future because it is very promising.


Title: Re: The truth about bitcoin
Post by: Virtual miner on June 25, 2018, 11:32:21 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
Yes that is a great thought. Money is not easily minted. It takes a lot of hard work to earn money and to keep it invested in lucrative options. And bitcoin is a risky investment but it fetches us lucrative returns. It has let many a people to lead an extravagant life. Also there are so many people on this forum who are routinely employed elsewhere and also doing bounties on this forum. They put a lot of hard work along with smart work and ultimately are able to get themselves a good standard of living. The market is risky because of its volatility, that shakes the confidence of so many people in the market. But they need to realise that this is the harsh reality of life in the end!

P.S.: A ship is always safe at shore but that is not what it's built for!  ;)


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:32:45 AM

All the propositions relating to salary, enterpreneurship etc didnt really go well with me, but the the fact tha btc aswell isnt in any terms easy, good and readily available is a well thought point.
Earning btc is a hastle, buying it is another big deal. And the stability and trustablity of bitcoins are quite shaky at any point of time. While people have turned millionaires with it, some also brough lots of misfortune when ut went down or rather crashed. So btc is not something that can be termed easy and good money. Its very very risky.

There is a huge difference, if people get rich by investing into new concept, that becomes enonourmosly successful (goole etc) or they just get rich because, they joined into fraudulent concept in early phase (most monetary schemes). If You talk about risk in that context, then yes, I agree... its very hard to guess, when You can "invest" if You want to make money out of scheme.


Title: Re: The truth about bitcoin
Post by: FlightyPouch on June 25, 2018, 11:38:59 AM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.

This is the reasons of these post. Bitcoin cannot ensure it's investors or users that it can give them a good profit, there is no easy ways nor risk free money as the OP says and Bitcoin is not an exception. Bitcoin is a volatile digital currency so the price is unpredictable and that is a feature of Bitcoin, it's risk is a give away even before you invest on it.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:39:14 AM
Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.

Who are 'they'? Bitcoin is not a group of people. Bitcoin cannot have made promises. I doubt you understand the meaning of this.
Sorry, can not answer You at the same rate. As a newbie, my post rate is limited.
"They" are those who decided, there can be 21 million coins. have You asked Youself, why so? Whats the logical/mathematical reason behind it?


Title: Re: The truth about bitcoin
Post by: stompix on June 25, 2018, 11:40:21 AM
Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.

Care to link us to the post/article where this Bitcoin guy promised there will be no more than 21 million coins?
Also can you please show us some proofs that there are more than 21 million bitcoins?  ;D ;D ;D
What more promises has this Bitcoin made?

New account and you're already in a single day at 17 FUD posts. Nice...NOT!


All investments are risky you can lose all your superannuation you have accumulated from work Bitcoin is no different but you make a choice DO NOT INVEST WHAT YOU CANT AFFORD TOO LOSE take a $1 and build an empire ;)

it is true any form of investment has risks. for bitcoin is an investment that has the greatest risk, but it will also be very profitable. behind all existing investments, for digital currency especially bitcoin is a good investment in the future because it is very promising.

How about you stop looking at Bitcoin as an "investment" for a second?




Title: Re: The truth about bitcoin
Post by: micher143 on June 25, 2018, 11:40:42 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:47:54 AM
Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.

Care to link us to the post/article where this Bitcoin guy promised there will be no more than 21 million coins?
Also can you please show us some proofs that there are more than 21 million bitcoins?  ;D ;D ;D
What more promises has this Bitcoin made?

New account and you're already in a single day at 17 FUD posts. Nice...NOT!


All investments are risky you can lose all your superannuation you have accumulated from work Bitcoin is no different but you make a choice DO NOT INVEST WHAT YOU CANT AFFORD TOO LOSE take a $1 and build an empire ;)

it is true any form of investment has risks. for bitcoin is an investment that has the greatest risk, but it will also be very profitable. behind all existing investments, for digital currency especially bitcoin is a good investment in the future because it is very promising.

How about you stop looking at Bitcoin as an "investment" for a second?




Im not gonna stop for long on my 17 posts, lets just say, Im ill at home and this topic is interesting for me?

21 million coins, sorry for my bad English, I did not argue it. Im not going to prove, there can be more than 21 million coins. I asked: WHY IT IS SO?

But what I did like a lot, was Your last suggestion. OK, I stop looking at bitcoin as an investment. I want to buy something decentralized. Where I get coin for that? Whats the price of coin? Will I get 5000 eur worth car for 1 Bitcoin?


Title: Re: The truth about bitcoin
Post by: TheQuin on June 25, 2018, 11:50:39 AM
Sorry, can not answer You at the same rate. As a newbie, my post rate is limited.
"They" are those who decided, there can be 21 million coins. have You asked Youself, why so? Whats the logical/mathematical reason behind it?

I'll ask the same question as stompix.

Care to link us to the post/article where this Bitcoin guy promised there will be no more than 21 million coins?
Also can you please show us some proofs that there are more than 21 million bitcoins?  ;D ;D ;D
What more promises has this Bitcoin made?

You have answered who 'they' are with another false assertion. You're a big fan of building straw men.

Bitcoin is an open source project and nothing is decided by 'they'.


Title: Re: The truth about bitcoin
Post by: ambisyon on June 25, 2018, 11:53:35 AM
In my views, btc is made not just a currency for investment but also as payment system that people should have to adopt because it has much faster transactions compared to bank transfers. With this, people has the option whether they are going for the investment or just have to make use as the blockchain technology as a payment system. However, I just observed that majority of the btc supporters were just aiming for the profit they can get with their investment on bitcoin.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 11:58:30 AM

I'll ask the same question as stompix.

Care to link us to the post/article where this Bitcoin guy promised there will be no more than 21 million coins?
Also can you please show us some proofs that there are more than 21 million bitcoins?  ;D ;D ;D
What more promises has this Bitcoin made?

You have answered who 'they' are with another false assertion. You're a big fan of building straw men.

Bitcoin is an open source project and nothing is decided by 'they'.


https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/
https://www.reuters.com/article/us-markets-bitcoin-factbox/factbox-things-you-might-not-know-about-ballistic-bitcoin-idUSKBN1E12RE

Is CCN trustworthy enough? Reuters? or You know more, because You just are a believer?

Or You want to tell, that there is NO set limit of 21 million coins?


Title: Re: The truth about bitcoin
Post by: TheQuin on June 25, 2018, 12:04:11 PM
https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/
https://www.reuters.com/article/us-markets-bitcoin-factbox/factbox-things-you-might-not-know-about-ballistic-bitcoin-idUSKBN1E12RE

Is CCN trustworthy enough? Reuters? or You know more, because You just are a believer?

Or You want to tell, that there is NO set limit of 21 million coins?

They don't speak for Bitcoin. You still have avoided answering my question as to who you think they are.

I will tell you that that limit *could* be changed. It's only part of the protocol and if a majority of the network wanted to it could be increased. I don't think that is likely to happen.

It is however completely ludicrous to say that "Bitcoin promised" anything.

You are also completely missing the point of what Bitcoin is about. It's not about 21 million coins it is about trust.

https://nakamotoinstitute.org/bitcoin/#selection-49.4-49.211
Quote
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 12:20:22 PM


They don't speak for Bitcoin. You still have avoided answering my question as to who you think they are.

I will tell you that that limit *could* be changed. It's only part of the protocol and if a majority of the network wanted to it could be increased. I don't think that is likely to happen.

It is however completely ludicrous to say that "Bitcoin promised" anything.

You are also completely missing the point of what Bitcoin is about. It's not about 21 million coins it is about trust.

https://nakamotoinstitute.org/bitcoin/#selection-49.4-49.211
Quote
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.


I know, this limit could be changed, thats what I suggested. Setting limit of 21 millions was like saying "there is 21 tons gold to mine", changing it would be equalt to :"no there is actually more". Who set this limit? Definitely not "open source crowds".

Maybe I used bad English, bitcoin hasnt promised. Bitcoin IS a promise. A promise, that blockchain technology can be used for creating cryptocurrency. There problem lays here: while Im bad in English, my math is very good. Producing coins like this with the reasoning of creating independent anonymous, yet traceble currency, is not reasonable. If I have time tomorrow, I may give it a try and calculate for You, what is REAL production cost, that is made for producing one coin.

Why You send me links from nakamotoinstitute? I was very polite to pick 3rd party sources, why You answer me giving me proof of what You are saying, written other people, like You? Would be the same, if I sent You article from web page bitcoinisfraud.com instead of reuters. I know, what enthusiasts have to say.

And whats the point of Your last sentence? We have already electronic payment, based on strong cryptography, if needed almost anonymous too. And absece of third party? That wont be granted with bitcoin too. Or how else You would call blockchainers?


Title: Re: The truth about bitcoin
Post by: BitcoinHodler on June 25, 2018, 12:27:30 PM
when the price drops, newbies like OP rush to sell their bitcoins but being a newbie means they sell too late at the bottom. i am willing to bet OP sold at $5700 yesterday.
that means they are now kicking themselves in the butt :D

being a newbie means they think if they start up topics like this, they can somehow get that lower price back again so that they can buy back what they sold at that same price so that they can fix their mistakes.


Title: Re: The truth about bitcoin
Post by: carlisle1 on June 25, 2018, 12:27:45 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

And this is why bitcoin price continuously dropping,because of those people that only enters this community to make profit even if they have no idea what this is all about,what does the reason of creating this and the technology behind this

Now that the price continues to fall these people are afraid of losing and withdrawn their investmens so the demand getting lower and lower every week


Title: Re: The truth about bitcoin
Post by: TheQuin on June 25, 2018, 12:33:04 PM
Maybe I used bad English, bitcoin hasnt promised. Bitcoin IS a promise. A promise, that blockchain technology can be used for creating cryptocurrency. There problem lays here:

Bitcoin isn't a promise. I'm not sure if it is a language barrier or whether you just don't get that it is an open source project. It is the will of the people that use it, not a 'they' or a promise.

while Im bad in English, my math is very good. Producing coins like this with the reasoning of creating independent anonymous, yet traceble currency, is not reasonable. If I have time tomorrow, I may give it a try and calculate for You, what is REAL production cost, that is made for producing one coin.

It has no relevance to anything. Calling 100,000,000 satoshis a coin is completely arbitrary. The cost of mining 1 satoshi is simply driven by the current market price of Bitcoin, not the other way around.


Why You send me links from nakamotoinstitute? I was very polite to pick 3rd party sources, why You answer me giving me proof of what You are saying, written other people, like You? Would be the same, if I sent You article from web page bitcoinisfraud.com instead of reuters. I know, what enthusiasts have to say.

Because that quote in the white paper is the most lucent description of what Bitcoin is about. It wasn't about those sites not being trustworthy. They report news, they are not the mouthpiece of the Bitcoin community.

And whats the point of Your last sentence? We have already electronic payment, based on strong cryptography, if needed almost anonymous too. And absece of third party? That wont be granted with bitcoin too. Or how else You would call blockchainers?

No, it means a third party like a bank that holds your money and has the power to confiscate it or reverse transactions. The blockchain is not a trusted 3rd party that can do that.


Title: Re: The truth about bitcoin
Post by: ritsel02 on June 25, 2018, 12:38:00 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




This happened because many people are abusing bitcoin and many are using it as a scamming scheme which destroy the reputation of bitcoin.


Title: Re: The truth about bitcoin
Post by: FreddyFox on June 25, 2018, 12:57:12 PM
I once read an article about the somewhat different value of digital currencies. The most important advantage of the crypto currency is the withdrawal from the state, as a monopoly on the creation of monetary assets. Do not look at the crypto as a short-term investment, the cryptocurrency has just been born, wait until it becomes strong and pushes out all other money. Then we will talk about the true price of bitcoin and what to whom when promised. By the way, what did bitcoin-boy promise you?


Title: Re: The truth about bitcoin
Post by: stompix on June 25, 2018, 01:09:08 PM
while Im bad in English, my math is very good. Producing coins like this with the reasoning of creating independent anonymous, yet traceble currency, is not reasonable. If I have time tomorrow, I may give it a try and calculate for You, what is REAL production cost, that is made for producing one coin.

It has no relevance to anything. Calling 100,000,000 satoshis a coin is completely arbitrary. The cost of mining 1 satoshi is simply driven by the current market price of Bitcoin, not the other way around.

You've just fed the troll with this one :D
He will go and start saying that miners decide the price of BTC, I can feel it coming...

https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/
https://www.reuters.com/article/us-markets-bitcoin-factbox/factbox-things-you-might-not-know-about-ballistic-bitcoin-idUSKBN1E12RE

Is CCN trustworthy enough? Reuters? or You know more, because You just are a believer?

Or You want to tell, that there is NO set limit of 21 million coins?

Bro, make up your mind....
What do you want to prove here, that there are more than 21 millions bitcoins or that there will be only 21 million bitcoins?

And whats the point of Your last sentence? We have already electronic payment, based on strong cryptography, if needed almost anonymous too. And absece of third party? That wont be granted with bitcoin too. Or how else You would call blockchainers?

Oh, we're already at the next stage, denying reality.
So you claim that p2p payments can't be done with BTC, or what?




Title: Re: The truth about bitcoin
Post by: Sealis on June 25, 2018, 01:31:56 PM
Investing in bitcoin is basically just like investing in a certain market or product. You take risks in it and you can never be a 100% sure that you can and will earn with it. Nothing in this world is "Risk - free". It just depends on yourself.


Title: Re: The truth about bitcoin
Post by: Lamisa asfiya on June 25, 2018, 01:39:04 PM
Bitcoin is a digital assest or currency. It is also true that bitcoin works as a real money and help to man for success. The biggest truth is that bitcoin can make anyone rich and develop country economy. Bitcoin is constantly making progress.


Title: Re: The truth about bitcoin
Post by: Wexnident on June 25, 2018, 01:54:38 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

If the money good, easy, risk free that available for everyone - it doesn't have any value at all.
Yes, I think you're right. If the money are easy to have , good and not risky maybe it making sense that it will be not so important or possibly no value at all because it can have by all of us without hastle and risks. Just remember that nothing is this world is not easy to have but it will becoming easy when we are really striving for it and working on it just to have it. Thus, involving in bitcoin and it's system is not easy to do because it has a full of risk that we need to conquered therefore we can reached our success in the future.


Title: Re: The truth about bitcoin
Post by: dohh on June 25, 2018, 01:56:08 PM
while Im bad in English, my math is very good. Producing coins like this with the reasoning of creating independent anonymous, yet traceble currency, is not reasonable. If I have time tomorrow, I may give it a try and calculate for You, what is REAL production cost, that is made for producing one coin.

It has no relevance to anything. Calling 100,000,000 satoshis a coin is completely arbitrary. The cost of mining 1 satoshi is simply driven by the current market price of Bitcoin, not the other way around.

You've just fed the troll with this one :D
He will go and start saying that miners decide the price of BTC, I can feel it coming...

https://www.ccn.com/only-another-four-million-bitcoin-will-be-mined-heres-why/
https://www.reuters.com/article/us-markets-bitcoin-factbox/factbox-things-you-might-not-know-about-ballistic-bitcoin-idUSKBN1E12RE

Is CCN trustworthy enough? Reuters? or You know more, because You just are a believer?

Or You want to tell, that there is NO set limit of 21 million coins?

Bro, make up your mind....
What do you want to prove here, that there are more than 21 millions bitcoins or that there will be only 21 million bitcoins?

And whats the point of Your last sentence? We have already electronic payment, based on strong cryptography, if needed almost anonymous too. And absece of third party? That wont be granted with bitcoin too. Or how else You would call blockchainers?

Oh, we're already at the next stage, denying reality.
So you claim that p2p payments can't be done with BTC, or what?




You again attack just rather my language, than arguments.
I never said, that there will be less or more bitcoins eventually, I just asked a question: "Why is number of bitcoins limited with 21 millions?" Then You guys started to ask me to tell where I take it from. I then found several articles from decent sites, that backed it up. That 21 millions on the other hand, came as an answer to empty argument, that Bitcoin hasnt promised anything. It has. Or its creator. Whatever. Keeping number of Bitcoins at 21 millions is a promise.

I also never said, miners are creating price. Miners are gamblers, who invest more, that coin is worth into digging one. That is of course an average, same as buying a lottery ticket.

And last, I definitely didnt say, p2p cant be done. I told, that they are existing already, Bitcoin has nothing to add, that has a value. Definitely not so large, that it would be reasoned, why their mining is so expensive.

Overall: this discussion here reminds me very well one other situation, when I helped to expose KairosPlanet on different site. Those enthusiasts too always attacked language (Im agree, its not the best, English is my 3rd language) and refused to face the reality:

1) Why was number of coins limited with 21 millions?
2) why is getting coins so expensive, so its above all normalities? (collective usage of power to mine them)
3) what has bitcoin to offer additional to, say PayPal, that makes it so expensive?


Cryptocurrency is nothing else, than playing on crowd's average stupidity, just like KairosPlanet. In latter case people didint understand, why its not reasonable rent hard disc at ridiculous cost, doesnt matter if it was in cloud or was divided into countless of fragments and therefore perfectly safe. which was bullsh*t obviously. You too have understood some few concepts of currency and crypto, and keep coming back to them in every answer. In reality its a monetary scheme.






Title: Re: The truth about bitcoin
Post by: Lorna111 on June 25, 2018, 02:09:59 PM
Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.

Care to link us to the post/article where this Bitcoin guy promised there will be no more than 21 million coins?
Also can you please show us some proofs that there are more than 21 million bitcoins?  ;D ;D ;D
What more promises has this Bitcoin made?

New account and you're already in a single day at 17 FUD posts. Nice...NOT!


All investments are risky you can lose all your superannuation you have accumulated from work Bitcoin is no different but you make a choice DO NOT INVEST WHAT YOU CANT AFFORD TOO LOSE take a $1 and build an empire ;)

it is true any form of investment has risks. for bitcoin is an investment that has the greatest risk, but it will also be very profitable. behind all existing investments, for digital currency especially bitcoin is a good investment in the future because it is very promising.

How about you stop looking at Bitcoin as an "investment" for a second?




Im not gonna stop for long on my 17 posts, lets just say, Im ill at home and this topic is interesting for me?

21 million coins, sorry for my bad English, I did not argue it. Im not going to prove, there can be more than 21 million coins. I asked: WHY IT IS SO?

But what I did like a lot, was Your last suggestion. OK, I stop looking at bitcoin as an investment. I want to buy something decentralized. Where I get coin for that? Whats the price of coin? Will I get 5000 eur worth car for 1 Bitcoin?

Investment is risky, the truth about Bitcoin, it is the most stable crypto among all the ALT coins posted. Yes, the price value may goes up and goes down dependent on the volume of investment put in for Bitcoin at any given time during the market trading, Bitcoin has been proven to have good fundamentals, support system in placed. The growing interest on Bitcoin now goes to the roof, Forbes, social media and broadcast media, news about Bitcoin is aLL OVER.










Title: Re: The truth about bitcoin
Post by: ajoygb on June 25, 2018, 02:10:52 PM
The  about the bitcoin is that  it is doing good in the market for its value is better than cash.


Title: Re: The truth about bitcoin
Post by: stompix on June 25, 2018, 02:11:16 PM
1) Why was number of coins limited with 21 millions?

Because Satoshi thought so ;P
The only things that decide the number of coins are the 50 BTC initial reward and the halving every 210 000 blocks.
If he would have chosen 56 million you would be asking the same thing:P

2) why is getting coins so expensive, so its above all normalities? (collective usage of power to mine them)

Demand and offer, the basic principle of a free market.

3) what has bitcoin to offer additional to, say PayPal, that makes it so expensive? [/b]

Paypal can block my funds, Paypal can close my account, Paypal might prevent me from creating an account.
Nobody can touch my Bitcoins, nobody can restrict me from spending them how I want where I want.


Title: Re: The truth about bitcoin
Post by: RodeoX on June 25, 2018, 02:15:52 PM
I see some of your point. But bitcoin is just fine. People are attracted to false claims about gold all the time. It has nothing to do with gold if you are foolish enough to to buy paper gold or whatever. If you just buy bitcoin and use it as a currency then you have no risk. It is only when you get distracted by alts, ICOs or any of the hundreds of scams involving crypto. But ignore all that and just keep it simple,


Title: Re: The truth about bitcoin
Post by: bitcoinskyrocket09 on June 25, 2018, 02:21:04 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The truth about Bitcoin is that as of now, it is the most stable cryptocurrency that is being used among all the ALT coins that are posted. And yes, the price value of btc may goes up and goes down. It only depende on the volume of investment that are being put in the bitcoin at any given time during the market trading. And also, the bitcoin was been proved to have a good support system in placed.


Title: Re: The truth about bitcoin
Post by: speedy963 on June 25, 2018, 02:29:42 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.


Title: Re: The truth about bitcoin
Post by: riplete on June 26, 2018, 03:00:27 AM

The biggest truth is that bitcoin can make anyone rich. Bitcoin continually advances.
It is the most evolutionary electronic currency at the moment


Title: Re: The truth about bitcoin
Post by: Markettoken on June 26, 2018, 03:10:06 AM
helps many unemployed people earn income from bounty projects, investments that follow the shadow of the hacker and that is real.


Title: Re: The truth about bitcoin
Post by: Johnzky on June 26, 2018, 03:14:51 AM
Theres no valuable gaining than risking your capital before profiteering and thats what bitcoin investments is all about,youre right on this one mate because most of the people here thought that this ijust an easy money and they ge nothing to do with the technology


Title: Re: The truth about bitcoin
Post by: Herbert2020 on June 26, 2018, 05:34:48 AM
the only truth about bitcoin is that it has interested a lot of people of many different types. the worst type are people like OP, idiots who think if they spread some bullshit on bitcointalk they can find access to cheaper bitcoins to buy and make a tiny bit of more profit in their pockets before the day ends and they miss their chance.


Title: Re: The truth about bitcoin
Post by: zoeylee on July 03, 2018, 06:40:18 AM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Yes i agree, it works with real money. Anyone could be be rich if patience will always be your attitude. It makes progress in the sense that you know how to deal on it.


Title: Re: The truth about bitcoin
Post by: Odlanyer on July 03, 2018, 07:25:03 AM
Bitcoin is a digital currency, yes that is true because of bitcoin you have an extra money that you need in daily life, your life become brighter in bitcoin you become rich and any people. Bitcoin is a good investment in the future.


Title: Re: The truth about bitcoin
Post by: paulparkker on July 03, 2018, 07:42:27 AM
The truth of bitcoin it first digital currency its work on block chain if i say in other way block chain technology invent of bitcoin ..and nowadays its the big valuable currency according to others 


Title: Re: The truth about bitcoin
Post by: ilovecoin1112 on July 03, 2018, 08:08:31 AM
Wholeheartedly agree, too many "investors" looking for a get-rich-quick scheme.



Title: Re: The truth about bitcoin
Post by: Souw33 on July 03, 2018, 08:16:30 AM
Many people who do not advise to invest in bitcoin because of considerable risk. I think there is no investment land that has no risk, all investment must have risk and not always profit. If bitcoin is not worth the investment, but why are there still so many people investing in bitcoin, and quite a lot of people are becoming billionaires as a result of investing in bitcoin.


Title: Re: The truth about bitcoin
Post by: ballerin and giroud on July 03, 2018, 08:43:09 AM
Anyone who intends to invest in bitcoin or altcoin should have their respective goals. It is true to get profit when investing in cryptos someone must dare to take risks, someone must be ready with losing the money he has and they are ready for a very volatile price movement. And to decide such things does take time, but when compared with the way people to get profit apart from cryptocurrency is more comfortable. I agree with someone who creates cryptocurrency as an additional income, they spend money willingly to lose.


Title: Re: The truth about bitcoin
Post by: Gurjasmeet on July 03, 2018, 08:50:06 AM
We can achieve to peak point target use bitcoin. but for get it we would be work hard, much more  knowledge assets & projects. due to popularity lot of people invest money to become richman.


Title: Re: The truth about bitcoin
Post by: RamonBTC on July 03, 2018, 08:52:43 AM
So better be educated and knowledgeable enough before investing. Yes it risky, but is it a scam? No it is not until someone decide to use it for such shame.

Those who doesn’t understand the risk with it on the first place doesn’t deserve to be in this investment and can now start packing they’re money and round away.

You invest your money on your own, so blame it on you if things go wrong. Easy.


Title: Re: The truth about bitcoin
Post by: Ctn on July 03, 2018, 08:59:11 AM
I dont see how that is related to the bitcoin alone and not for all of the crypto currencies. Well, bitcoin is basically currency and it wasn't meant for earning money but human greed put it into the position where we use it for doing so.  ::)

Anyway, the truth is money gets more money and if you add risk in it then you get even more than that. Scams, issues with earning methods, getting into wrong way of earning is all about the rules of financial management. How do you seek the monetary funds and how well you manage it.

Its not about the bitcoin really, its about financing I guess.


Title: Re: The truth about bitcoin
Post by: ritiktakyan01 on July 03, 2018, 09:24:49 AM
Bitcoin is a digital currency. It is true that bitcoin works as a real currency. This is also true. The biggest truth is that today everyone wants to get a bitcoin, bitcoin itself is a truth.


Title: Re: The truth about bitcoin
Post by: longwintershere on July 03, 2018, 09:28:37 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

most people I know just bought bitcoin because they don't want to miss out if the growth like in 2017 happens again. They don't care about te technology or idea behind it at all


Title: Re: The truth about bitcoin
Post by: sakamaku on July 03, 2018, 09:30:14 AM
I agree with your point, it is not easy, it will be a great source of your budget if you know it, Bitcoin is the payment system that people need to apply for. It deals much faster than bank transfer.


Title: Re: The truth about bitcoin
Post by: phucngungoc on July 03, 2018, 09:34:18 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think that at this time we can hardly predict the future of bitcoin, the market is constantly fluctuating and difficult to predict, bitcoin prices are constantly adjusting and down more than 70% during the past 6 months . I believe bitcoin prices will probably continue to fall sharply from now until the end of 2018 and may fall back to $ 1000.


Title: Re: The truth about bitcoin
Post by: Doterti on July 04, 2018, 06:08:59 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think that at this time we can hardly predict the future of bitcoin, the market is constantly fluctuating and difficult to predict, bitcoin prices are constantly adjusting and down more than 70% during the past 6 months . I believe bitcoin prices will probably continue to fall sharply from now until the end of 2018 and may fall back to $ 1000.

One of the truth about bitcoin is the bitcoin is really exist but the only thing why others try to dispute it because they don't believe it that there is a money through online and that's why some people are trying to use it for "scam" purposes so that they can benefit of it and with that process is through investing. It is just the matter of believing it and time that bitcoin is really exist. We all know that there is no easy way to have an income that's why you need to risk it whether the outcome would be a failure or successful.


Title: Re: The truth about bitcoin
Post by: Husecomang on July 04, 2018, 06:52:01 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.
Blockchain is a very big technology and it cannot be limited to bitcoins only. Not many people were aware of blockchian, until bitcoin came .As far as true purpose of bitcoin is concerned, it will only be fulfilled once we see bitcoin being used in real sale purchase, as fiat is used.


Title: Re: The truth about bitcoin
Post by: Doterti on July 09, 2018, 06:01:14 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.
Blockchain is a very big technology and it cannot be limited to bitcoins only. Not many people were aware of blockchian, until bitcoin came .As far as true purpose of bitcoin is concerned, it will only be fulfilled once we see bitcoin being used in real sale purchase, as fiat is used.

The bitcoin has a big value of price or money which it can help the people who are in need financial and also bitcoin itself has a big role to the market in which all the currencies are very related and it can lead also a better economy.


Title: Re: The truth about bitcoin
Post by: jj6080801 on July 09, 2018, 06:31:49 AM
Bitcoin is an advanced assest or cash. It is additionally obvious that bitcoin fills in as a genuine cash and help to man for progress. The greatest truth is that bitcoin can make anybody rich and create nation economy. Bitcoin is always gaining ground.


Title: Re: The truth about bitcoin
Post by: ys fs on July 09, 2018, 06:42:55 AM
the truth I encountered in bitcoin is, it's hard to understand the ins and outs of bitcoin, and also the intricate workings,methods, but there is also a very risky risk....


Title: Re: The truth about bitcoin
Post by: avoxosuccesful on July 10, 2018, 12:09:44 AM
The genuine essense of bitcoin and it's framework are not especially in the terms of cash, the genuine motivation behind it is to have a much simplest, speediest and advantageous methods for doing or making distinctive exchanges that can help to the general population. Therefore, to make bitcoin much valuable and accommodating to individuals it framework can likewise use for speculation where in individuals can procure a colossal of cash from it in only for a brief timeframe.


Title: Re: The truth about bitcoin
Post by: nagobinga on July 10, 2018, 03:09:24 AM
the price of 1 BTC is very high reaching a hundred million more there is no news lie about it but it is surely there are ups and downs so they will wait for the high price to resell.


Title: Re: The truth about bitcoin
Post by: jimmydvd on July 10, 2018, 03:46:14 AM
I agree with your opinion that there is no easy way to get the money it requires a process and effort and hard work so it is unreasonable if anyone offers a way to earn money easily so do not we easily fooled by such a thing


Title: Re: The truth about bitcoin
Post by: shawn995 on July 10, 2018, 04:14:24 AM
The bona fide quintessence of bitcoin and it's system are not particularly in the terms of money, the honest to goodness inspiration driving it is to have a much least difficult, speediest and beneficial strategies for doing or making unmistakable trades that can help to the all inclusive community. Along these lines, to make bitcoin much profitable and pleasing to people it structure can moreover use for hypothesis where in people can obtain an epic of trade from it out just for a short time allotment.


Title: Re: The truth about bitcoin
Post by: jeffer8035 on July 10, 2018, 04:34:53 AM
all investment carries a risk all investment takes time to receive its fruits bitcoin is a reserve of value for it to be exchanged in currency has to have a value already has that value a few years to go so that it is or over months nothing is easy in this life I believe that more than promises is a reality bitcoin is transparent this is what you can review in terms of the lost you bought very expensive maybe you see a lot of them have happened some time they are experiences of the market the time will say suddenly the other year is in 30000 and you recover your investment and you get a profit like that, bitcoin


Title: Re: The truth about bitcoin
Post by: genuin on July 10, 2018, 04:43:16 AM
you say that I think because you suffered a significant loss in bitcoin trading.
if you are a bitcoin offender from 2014 surely you love bitcoin.
every currency in circulation is a propaganda product of a handful of people, not just bitcoins and you have to admit it


Title: Re: The truth about bitcoin
Post by: hacsoi2799 on July 10, 2018, 05:32:10 AM
Bitcoin prone to theft: Early in 2014, Bitcoin suffered a heavy blow after the Mt.Gox in Japan is attacked. At that price, the stolen bitcoins were worth $ 460 million. It's the biggest bitcoin in history and it has raised concerns about the safety of the currency.


Title: Re: The truth about bitcoin
Post by: dohh on July 10, 2018, 05:41:20 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.
Blockchain is a very big technology and it cannot be limited to bitcoins only. Not many people were aware of blockchian, until bitcoin came .As far as true purpose of bitcoin is concerned, it will only be fulfilled once we see bitcoin being used in real sale purchase, as fiat is used.

The bitcoin has a big value of price or money which it can help the people who are in need financial and also bitcoin itself has a big role to the market in which all the currencies are very related and it can lead also a better economy.

This last "argument" of Yours should be penalized as crime. Its particularly the same, as to advice people in need of extra income to go and gamble.


Title: Re: The truth about bitcoin
Post by: Mazda17 on July 10, 2018, 05:54:40 AM
it is true any form of investment has risks. for bitcoin is an investment that has the greatest risk, but it will also be very profitable. behind all existing investments, for digital currency especially bitcoin is a good investment in the future because it is very promising.
Your opinion is very good and I agree with your opinion.
Yes it is true what you say that in every investing pasri there is a risk but it is profitable for us all because behind all existing investments, especially bitcoin is a good thing if investing for the future.
As far as I know every job there must be risk and also there are advantages so in the future we must be careful to move forward.


Title: Re: The truth about bitcoin
Post by: royalcrypt on July 10, 2018, 05:57:37 AM
Bitcoin will eventually be used in buying more and more goods and services. Buy btc when it is low and spend it when it is high is the way that you can have the most utility out of your bitcoin.


Title: Re: The truth about bitcoin
Post by: solenn heussaff on July 10, 2018, 05:59:53 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.






I agree in your opinion. When you invest in bitcoin, you will take a risk because you can't control the bitcoin price but investing in bitcoin can give you a high profit. And it is worth waiting when you buy in low price and sell in high price.


Title: Re: The truth about bitcoin
Post by: jennygamilo on July 10, 2018, 06:00:50 AM
The Truth about Bitcoin is ,it is not easy to use ! You need patience and perseverance for you to be able to have or to earn money bitcoin is an online investment but still it is not easy as easy as the other people think.


Title: Re: The truth about bitcoin
Post by: crystalk on July 10, 2018, 06:01:09 AM
Thanks for sharing this information


Title: Re: The truth about bitcoin
Post by: Xenrise on July 10, 2018, 06:03:48 AM
There is NO good, easy, risk free money, that is available for everyone.

If you really wanted easy money without a risk, then you've entered something that you are not finding. It's not a good idea to go to something you aren't really into. Look at the emphasized word, NO EASY MONEY OR NO FREE MONEY WITHOUT RISK. Bitcoin and other crypto are worth to invest if you are good in risking money. There were some cases that some people are thinking that bitcoin is an easy money but no. Especially if you aren't joining bounties in order to invest, thus investing your own money.


Title: Re: The truth about bitcoin
Post by: tranhieu2799 on July 10, 2018, 06:16:57 AM
Warren Buffett, the most famous investor in the world, is not interested in bitcoin. One of the few times he talked about the virtual currency on CNBC was, "Stay away from it, it's an illusion. The idea of holding a huge virtual currency for me is just a joke. "
We should be careful when investing in this virtual currency.


Title: Re: The truth about bitcoin
Post by: panukurap on July 10, 2018, 06:20:12 AM
I agree with your opinion, because there is no easy way and no risk to make a lot of money, bitcoin is also like that although it can generate big enough money but has big enough risk too, so if we want to earn big enough money we also must be ready to take his or her risk.


Title: Re: The truth about bitcoin
Post by: Yatsan on July 11, 2018, 11:58:29 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



More users did not really realize that thing, because they all want an easy money, in short they dont tend to realize how risky, or what is the situation of bitcoin as of now. They tend to do unpredictable decisions like pulling there stock, simple because they did not really analyze what the real thing is going on. But as we all know, patience is what bitcoin trying us to realize.


Title: Re: The truth about bitcoin
Post by: soname12 on July 11, 2018, 12:01:23 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think 100% of people know that investing in Bitcoin is very risky. But in the meantime, many countries are adopting Bitcoin; probably people are thinking that Bitcoin will have no risk when investing.


Title: Re: The truth about bitcoin
Post by: Ahmadarwani56 on July 11, 2018, 12:11:56 PM
yes I agree about the truth of bitcoin because bitcoin can make its users sufficient. but with laden he already knows his knowledge .


Title: Re: The truth about bitcoin
Post by: greengate01 on July 11, 2018, 12:15:09 PM
the truth I encountered in bitcoin is, it's hard to understand the ins and outs of bitcoin, and also the intricate workings,methods, but there is also a very risky risk....

Investing in bitcoin has a risk.Many investors are getting panic because the price value of Bitcoin are now decreasing.We dont have to panic because it's price will rise soon


Title: Re: The truth about bitcoin
Post by: richkid3001 on July 11, 2018, 12:16:23 PM
Bitcoin was created for the people so that banks and governments no longer steal from us.


Title: Re: The truth about bitcoin
Post by: _navoj on July 11, 2018, 12:35:20 PM
Investing with bitcoin affiliates with risk to take place, the value may fall or rise but one thing is for sure. Involving regarding with this subject is a great factor in terms of your financial stability in the future.


Title: Re: The truth about bitcoin
Post by: buternasek on July 11, 2018, 12:45:02 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
really, they did not learn about blockchain technology first.
they tend to be only tempted by the great benefits that are pledged by bitcoin. and in the end they are confused when bitcoin prices suddenly decline.


Title: Re: The truth about bitcoin
Post by: Proton2233 on July 11, 2018, 01:13:54 PM
Investing with bitcoin affiliates with risk to take place, the value may fall or rise but one thing is for sure. Involving regarding with this subject is a great factor in terms of your financial stability in the future.
Investment can never be a factor of financial stability. Always a risk. Money can't come from nowhere. All the people who bought the coins cheaply and sold expensive spent the money of those who bought the coins expensive. I hope that bitcoin will not be a financial pyramid afterwards.


Title: Re: The truth about bitcoin
Post by: coromabur on July 11, 2018, 01:16:50 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.





It's true that all things related to investing are definitely at risk and if you want to invest in bitcoin you should at least learn about bitcoin, about what risks are possible when we invest in bitcoin so we can accept the situation as bitcoin prices continue to fall as it is today.


Title: Re: The truth about bitcoin
Post by: malikusama on July 11, 2018, 01:20:35 PM
It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.


Any deal? So who is forcing you to get into this deal? Actually it seems that you misunderstood what bitcoin really is.
Bitcoin was never risk free because it is purely decentralized currency with price volatility, but it doesn't mean bitcoin is not reliable.
If you observe the history of bitcoin price chart then you should not surprised of the current market scenario.
BTW can you elaborate further that what bitcoin was supposed to be? and how it is being disguised now?


Title: Re: The truth about bitcoin
Post by: vionas on July 11, 2018, 01:31:11 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




Bitcoin is good for investment, but not everyone can benefit from bitcoin, and to benefit from it, must be patient and can choose the right time to enter the market.


Title: Re: The truth about bitcoin
Post by: biskitop on July 11, 2018, 01:55:01 PM
despite having a large capital, it is better to learn well the bitcoin fluctuations. because the price can change quickly, so do not panic if there is a market crash as it is today. and hold to take advantage.


Title: Re: The truth about bitcoin
Post by: Punit kumar on July 12, 2018, 12:04:22 PM
Bitcoin is a digital crypto currency. It is also true that bitcoin works as a real money. Investing in bitcoin has a risk but the biggest truth is that bitcoin can make anyone rich.


Title: Re: The truth about bitcoin
Post by: Geemy on July 12, 2018, 12:23:00 PM
There is no trust in any work Betquin will end soon and all the circulation of the news now is all false and useless to wait and who sold is a winner and who waits is a loser


Title: Re: The truth about bitcoin
Post by: Larva14 on July 12, 2018, 04:14:36 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
I agree in your opinion, bitcoin is a digital currency that have great potential to make us rich, this is true cause bitcoin helps us to gain our profit in investment.  Bitcoin helps us to reach our dreams to become successful in the future .


Title: Re: The truth about bitcoin
Post by: Hudadahuda2018 on July 12, 2018, 04:23:12 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
What you say is true and I'm sure bitcoin will soon be famous in the world because it's getting more and more people knowing bitcoin is working as real money so bitcoin can make a lot of people turn out to be as simple as possible in the sense that bitcoin helps the needs of many people.
Bitcoin progressed thanks to mutual trust with each other so that mutual benefit is bitcoin increasingly has a future as well as many people who have changes in the living economy.


Title: Re: The truth about bitcoin
Post by: ombir on July 12, 2018, 04:52:01 PM
Bitcoin is a good posture. Now it is spreading rapidly in all countries. In some countries it has started getting salar...
More



Title: Re: The truth about bitcoin
Post by: Mia Wallace on July 12, 2018, 05:36:22 PM
     Bitcoin is the first cryptocurrency introduced with some specific characteristics such as digital and decentralized one .It is a modern form of economy with strong network system and is against the current economic concepts. Bitcoin transactions are recorded in an electronic ledger with the blockchain technology. The features are found useful and trustworthy so its popularity has been spread world wide and more people are attracted and, hence I am also attracted to join with Bitcoin community.


Title: Re: The truth about bitcoin
Post by: polyballz on July 12, 2018, 05:50:49 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Whether this is a trend or just imitating a rich person with Bitcoin, whom I see people buying Bitcoin in hopes of getting big profits, without thinking about the risks they are facing, they will not even want to learn Cryptocurancy first. People are panicking now because the price keeps dropping for no particular reason. Do not focus on price, focus on technology.


Title: Re: The truth about bitcoin
Post by: Aying on July 12, 2018, 06:33:32 PM
     Bitcoin is the first cryptocurrency introduced with some specific characteristics such as digital and decentralized one .It is a modern form of economy with strong network system and is against the current economic concepts. Bitcoin transactions are recorded in an electronic ledger with the blockchain technology. The features are found useful and trustworthy so its popularity has been spread world wide and more people are attracted and, hence I am also attracted to join with Bitcoin community.
That is right, what I really love about it as well is the tendency and ability that it would change the world someday, and we are aiming for it that one day bitcoin will fully adopt by all people in the world.


Title: Re: The truth about bitcoin
Post by: nesis67 on July 12, 2018, 06:43:11 PM
I think there is no investment land that has no risk, all investments must have risks and not always profit. If bitcoin is not worth the investment, but why there are so many people investing in bitcoin, and quite a lot of people have succeeded with bitcoin.


Title: Re: The truth about bitcoin
Post by: Sean25pogi on July 13, 2018, 01:25:50 PM
The company of bitcoin is the rank one in the cryptocurency,
they are in demand business in this industry because every qualifications that investors search and seek for, is in the quality of bitcoin.


Title: Re: The truth about bitcoin
Post by: pharaon on July 13, 2018, 01:40:17 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



What does it mean: "Bitcoin is not what you promised" ??? What to you and who can promise? It is clear that money or coins will not appear for you just like that, and they need to be earned. We should seize the opportunity and rejoice that we live in the era of the development of the crypto currency.


Title: Re: The truth about bitcoin
Post by: Promipunit on July 13, 2018, 02:03:52 PM
Bitcoin is a digital crypto currency. It is true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. It has a huge risk but its profit is high .


Title: Re: The truth about bitcoin
Post by: Luigieee on July 13, 2018, 02:14:57 PM
Yes its hard to get and gain,but if you work smart you will have a chance to be rich by doing trading or investing.For now the uses of bitcoin was getting broad and many country now was already accepted it as a payment system,that why bitcoin was getting popular every month or either a year.


Title: Re: The truth about bitcoin
Post by: A Feeder on July 13, 2018, 02:31:59 PM
Bitcoin is a digital currency that your life and future  become brighter, you can earn your own money by the help of bitcoin on joining to bounty campaign that people become rich.


Title: Re: The truth about bitcoin
Post by: jzale on July 13, 2018, 02:47:07 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

This is what those blind get goers failed to see on Bitcoin. They tend to see and believe what they wanted to and because of that many failed and lose their money on it. Bitcoin is not for all. It needs proper knowledge on cryptocurrency if someone wants to get a hold of it. One should understand and know what they are doing in order to be successful. One more thing, Bitcoin is very volatile that's why it is not advisable for non risk takers.


Title: Re: The truth about bitcoin
Post by: neite99 on July 13, 2018, 02:55:12 PM
that is a good point made, btc and markets are a zero sum game, someone has to lose money in order to someone else to win it. This must be kept in mind every time and not to be believed in easy money as people promise.


Title: Re: The truth about bitcoin
Post by: hdtqisg on July 13, 2018, 02:57:36 PM
Trust of bitcoin:
+ Someone else can put money to buy your BTC when you decide to sell.
+ Value when the quantity is limited.
+ Organized by many organizations and investors.


Title: Re: The truth about bitcoin
Post by: Core.BUSTER on July 18, 2018, 03:26:08 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Bitcoin is a digital currency that give high profit and gives opportunity to anyone to become rich and successful cause we know that bitcoin have potential and ability to change our life and economy to become more progressive in the future.


Title: Re: The truth about bitcoin
Post by: kotajikikox on July 18, 2018, 03:29:06 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.


That's right maTe adoption of bitcoin or cryptocurrency are not only looking for earnings it's include the excitement of progress of new technologies how to become world currency in the future and how to help to the people this new technology of currency.



Title: Re: The truth about bitcoin
Post by: SMD.Shuvo on July 18, 2018, 04:28:35 PM
It is true that there are many real facts about Bitcoin. I always accept it. Bitcoin is the king of all coins. Bitcoin prices are much higher than other coins. Now the work of this precious Bitcoin is spreading all over the world.


Title: Re: The truth about bitcoin
Post by: Lalafell on July 18, 2018, 07:12:01 PM
It is very risky and risky and its profit is high so many people want to buy and participate

Bitcoin is very risky in investing but being risky it gives you high profit and so many people are interested to join in bitcoin and buying bitcoin cause bitcoin gives high profitable income even have risk and challenges to face off it gives you successful life.


Title: Re: The truth about bitcoin
Post by: renata.tuncha@ex.ua on July 18, 2018, 08:28:01 PM
The best solution for investment is to use ICOs services. In my opinion, the best one of the market today is Socratus. It is a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. It helps to get read of annoying personal meetings and paper work. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits. I really like their philosophy! And I think they deserve investing. Moreover, if the one buys their tokens, they will be provided with additional discount and special conditions.


Title: Re: The truth about bitcoin
Post by: minhlee95 on July 18, 2018, 09:00:37 PM
I am very annoyed by people who think that cryptocurrency is easy money. But in fact, they do not stay in this area for a long time, since they lose their money or sell bitcoins at the first price decrease due to lack of knowledge.


Title: Re: The truth about bitcoin
Post by: Elerntta on July 18, 2018, 09:02:38 PM
Bitcoin is really a very real chance to get rich, but it requires a lot of work and desire. If you try, you will succeed.


Title: Re: The truth about bitcoin
Post by: julzcoinbit on July 18, 2018, 09:38:40 PM
I am very annoyed by people who think that cryptocurrency is easy money. But in fact, they do not stay in this area for a long time, since they lose their money or sell bitcoins at the first price decrease due to lack of knowledge.

Yeah, those people were showing not really Interested In bitcoin, they think If they Invest In bitcoin they can earned profits In an Instant. If I were them, I explore here In the forum and knows well what bitcoin Is.


Title: Re: The truth about bitcoin
Post by: BhuwanPujari on July 19, 2018, 07:49:23 AM
Bitcoin is a digital Crypto currency. It is very volatile and unpredictable. It is also true that it works as a real money.
It is risky to invest in Bitcoin but you can get financially benefit from holding it.


Title: Re: The truth about bitcoin
Post by: emma.wangcl on July 19, 2018, 09:43:08 AM
Investing in Bitcoin is risky... You don't know when you will loose all your money or gain much money... people're not stupid... they invest what they believe...


Title: Re: The truth about bitcoin
Post by: m.mendoza on July 19, 2018, 09:54:39 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.


The truth about bitcoin are as of now is bitcoin is not totally legal currency. There some establishments who accept bitcoin as payment but there some are not. The truth about bitcoin also is the unstable value of bitcoin and the panic buying or selling. Also the predictions are there.


Title: Re: The truth about bitcoin
Post by: Harpawan on July 19, 2018, 11:34:08 AM
so many people are interested in joining bitcoin and buying bitcoin because bitcoin provides a high profitable income even risks and challenges to deal with it. Bitcoin is very risky in investing but being risky it gives you a high profit.


Title: Re: The truth about bitcoin
Post by: iamzill on July 19, 2018, 11:42:04 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
many mistakes about bitcoin are unknown to many people. now these people are already at the wrong point they are just crazy at high prices but lack of understanding of technology. this must be left out because in fact bitcoin requires an understanding and about good technology.


Title: Re: The truth about bitcoin
Post by: maloibtc on July 19, 2018, 11:49:00 AM
I think that the main truth is that it is the best coin among the rest having a lot of benefits among which there is a good pro that is confidentiality and safety of all transactions which are anonymous. i think it is powerful


Title: Re: The truth about bitcoin
Post by: CryptoSmile on July 19, 2018, 12:05:19 PM
all investments that will provide big profits must be a risk, for that before investing, we should know the type of investment that we will do, and have insight about the investment and able to see well the factors that can affect the growth of the investment. bitcoin investment will definitely give us an advantage, if we are able to analyze well the factors that make bitcoin prices go up and vice versa, besides that we are always right on the target where we have to sell and when we should buy so that we will always benefit. What is certain if you want something big then it must be ready with a big risk as well. And if you are afraid of risk then live by accepting what it is. Rich people, great people, successful people are those who dare to risk but always act by using good sense and good knowledge, and vice versa.


Title: Re: The truth about bitcoin
Post by: FlightyPouch on July 19, 2018, 12:38:39 PM
The truth about bitcoin are as of now is bitcoin is not totally legal currency.

Well, Bitcoin is a decentralized crypto currency, what do you expect right? Government will either accept it or not since they will be thinking of it as a "risk" to people to be scammed or used for transacting to criminals especially terrorists.

There some establishments who accept bitcoin as payment but there some are not.

Bitcoin is a volatile crypto currency, that will be obvious since the price will always be moving. There are also some people that thinks that Bitcoin is a scam.

The truth about bitcoin also is the unstable value of bitcoin and the panic buying or selling.

Yes, that is a given since as I've said, it is a volatile crypto currency. Most of the people look at it as a problem but from investors and traders, they see it as an opportunity to earn money from the market.


Title: Re: The truth about bitcoin
Post by: eashikde on July 19, 2018, 12:52:39 PM

All the truth about bitcoin is known to everyone as much as you need. A coin in which a very large capitalization and which is considered the main cryptocurrency. So far it has not been legalized in many countries of the world.


Title: Re: The truth about bitcoin
Post by: Jessica2009 on July 19, 2018, 01:13:01 PM
           Bitcoin is a payment system it is used world wide and has gained popularity and it was introduced on the year 2009 . The main benefit of Bitcoin is that has no transaction fees it is an online payment the real identity of the user or trader is not revealed or can be traced since there is no intermediary . More retailers and services accepts Bitcoin  to purchase goods and service online .Bitcoin is not like fiat currency it is a network system.


Title: Re: The truth about bitcoin
Post by: Raja_Salman on July 19, 2018, 01:19:49 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



in fact it all depends on the investor or the holder of the money because before starting everything of course must understand with all the risks that we will get in the investment


Title: Re: The truth about bitcoin
Post by: BagzMM on July 19, 2018, 01:23:21 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The truth about bitcoin it is used to buy goods anonymously. International payments are  easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.


Title: Re: The truth about bitcoin
Post by: marona.coro on July 20, 2018, 04:27:45 AM
I think It is worth trusting because it is the technology for future


Title: Re: The truth about bitcoin
Post by: Zabzab9 on July 20, 2018, 04:43:11 AM
It's about Bitcoin as well as about a wide range of advantages.

Individuals tend to purchase Bitcoin despite the fact that they don't comprehend cryptocurrenncies or they don't considerably try to peruse about them. Individuals freeze right now since its cost is continually diminishing with no specific reason.


Title: Re: The truth about bitcoin
Post by: milandres0207 on July 20, 2018, 04:46:44 AM
There are many ways to consider on using a bitcoin, the truth about bitcoin is that they will change our future in terms of using and holding our money, from bitcoin you can earn more than the bank can gave when you hold your money or invest on bitcoin. Because the money on the bitcoin is easy to make a profit.


Title: Re: The truth about bitcoin
Post by: dewi91 on July 20, 2018, 05:00:22 AM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
In my opinion bitcoin can't make anyone rich because to become rich is not easy and need work hard but if bitcoin can help people to improve their lives that's true because we can earn money from bitcoin with Investment, trading or joining signature Campaign. Bitcoin give us new hope for a better life in the future.


Title: Re: The truth about bitcoin
Post by: damrianto on July 25, 2018, 04:03:49 PM
bitcoin is an asset for us to make bitcoin a field for profit. even though bitcoin is now falling, people who want to invest in bitcoin are increasingly increasing, this proves that bitcoin can be maintained. we have to maintain each account's scam, because this is a very transparent investment place, even though a lot of unclear information on its origin makes us get out of all this.


Title: Re: The truth about bitcoin
Post by: nolestiket on July 25, 2018, 04:54:26 PM
Completely with you soglasen.Cryptocurrency high-risk investment, you must invest the amount that you can afford to lose.But also this investment can bring you a very large profit


Title: Re: The truth about bitcoin
Post by: bulanso12345 on July 25, 2018, 05:04:38 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.


Title: Re: The truth about bitcoin
Post by: korkor on July 25, 2018, 05:11:31 PM
What people need to get it straight is that bitcoin is a digital currency, people are just taking advantage of the fact that the value of bitcoin is not stable and having the tendency to rise and fall. This quality of bitcoin is making people invest in it without looking at it as a digital currency.


Title: Re: The truth about bitcoin
Post by: Stromspirit on July 25, 2018, 05:11:59 PM
Bitcoin is worth investing because if you invest in bitcoin you will also benefit very much from bitcoin and it is true that bitcoin is an investment that has a fairly large risk but if you believe in bitcoin you will definitely benefit from bitcoin in just how many years so we have to believe in bitcoin, if we want to benefit from bitcoin, and if bitcoin is an illegal investment why until now everyone still uses bitcoin as their investment to get money quickly so I think bitcoin is not too risky so we don't need worried


Title: Re: The truth about bitcoin
Post by: spacedis on July 25, 2018, 05:15:43 PM
I think it has an extremely large potential to increase in value and become the new backing currency for what will eventually take over Fiat money.


Title: Re: The truth about bitcoin
Post by: MetalGear on July 25, 2018, 05:16:43 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Bitcoin is a digital currency that give high profit in your investment and also you can convert bitcoin it into real currency. Yes, in bitcoin your future here become successful cause bitcoin have potential and ability to make you rich cause the value of  your investment it will grow more profit.


Title: Re: The truth about bitcoin
Post by: Mofazzal840 on July 25, 2018, 05:24:49 PM
 According to my opinion, bitcoin is a digital currency. It is also true that bitcoin works as a real money in the word.On the other hand the biggest truth is that bitcoin can make anyone rich quickly . Bitcoin is known to all in the world.  :)


Title: Re: The truth about bitcoin
Post by: Gaurav11kb on July 25, 2018, 05:32:36 PM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Satoshi Nakamoto introduced a new currency to the world. He or Bitcoin never promised anything. People started believing in the tech behind it and it got famous. Crypto is highly risky and there is no doubt about it. You can get manifold gains or you can lose everything here.


Title: Re: The truth about bitcoin
Post by: Betty10 on July 25, 2018, 05:41:25 PM
The bottom line is that with a risk comes a great reward and only the few willing to risk will eventually rule the game.


Title: Re: The truth about bitcoin
Post by: evilsign on July 25, 2018, 05:52:44 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



sorry, but I am still confused. So what's that conclusion? whether bitcoin is a type of fraud What the meaning of this sentence? "where people are attracted to false promises and where the nature of their investment is kept hidden by purpose, is a scam"


Title: Re: The truth about bitcoin
Post by: Vimukkthi Vithanage on July 25, 2018, 05:55:25 PM
You have a point . but not fully agree with you. What I learnt up to now trading is little risk + good thinking = easy money. What do you think guys ?


Title: Re: The truth about bitcoin
Post by: Gabah56 on July 25, 2018, 06:00:37 PM
I also do not understand the truth of the World bitcoin issue. which obviously I invested in bitcoin. it is very helpful to change my economic life to be better than before. and that's what I feel for investing in bitcoin


Title: Re: The truth about bitcoin
Post by: dutchkay on July 25, 2018, 06:32:18 PM
You just said it all, if there is no risk then it's not money. No money is ever risk free, remove risk then it's not money again. The ability for us to succeed is to study it very well though some will always argue that if it's risky then it's not worth it. Even acquiring fiat have its own risk that is what some fail to see. No risk no reward.


Title: Re: The truth about bitcoin
Post by: hibiscus on July 25, 2018, 07:18:01 PM
Bitcoin is the first crypto currency started in the year 2009 by Satoshi Nakamoto.whose intention to provide a strong currency to the global community and can be operated world wide for spending to their daily requirements.This is a new form of economy with strong net work systems and definite features.Bitcoin is a decentralized one with anonymity and its all transactions are recorded in an electronic ledge with the block chain technology.The block chain technology ensures its security systems.By considering its usefulness the global business community has attracted bitcoin.


Title: Re: The truth about bitcoin
Post by: Rojer1928 on July 25, 2018, 07:23:17 PM
Here's the reason of this post Bitcoin can not be sure investors or users can give them a good profit, there is no easy way or risk free money as said op and Bitcoin is no exception. Bitcoin is a volatile, volatile digital currency so the price is not fixed and unpredictable and that's a Bitcoin feature, the risk it gives even before you invest in it.
Want to link us with postings / articles where this Bitcoin person promises promise there will be no more than 21 million coins?
Can you show us some evidence that there are more than 21 million bitcoins? Grin Grin
What more promises made by Bitcoin this?


Title: Re: The truth about bitcoin
Post by: laryillary on July 25, 2018, 07:24:43 PM
BitCoin is an invisible entity that we can not hold in our hands, but it is extracted with the help of powerful equipment and as far as I know that the more people it starts to extract, the harder it gets! I do not know this but I know people who personally buy equipment for mining.


Title: Re: The truth about bitcoin
Post by: ratatat bangbang on July 25, 2018, 07:33:01 PM
The truth about bitcoin is it has no stable price, it is risky which our trust and beliefs are highly needed to always with us. I am sure its price is raising.


Title: Re: The truth about bitcoin
Post by: Bestly on July 25, 2018, 07:47:25 PM
You just said it all, if there is no risk then it's not money. No money is ever risk free, remove risk then it's not money again. The ability for us to succeed is to study it very well though some will always argue that if it's risky then it's not worth it. Even acquiring fiat have its own risk that is what some fail to see. No risk no reward.

True. I share this notion also.
What applies to money/investment also applies to Bitcoin too, except that Bitcoin or alternative currencies are not being controlled by government or a central power.


Title: Re: The truth about bitcoin
Post by: Ekim22 on July 25, 2018, 07:52:51 PM
The truth about bitcoin is many people became rich because of bitcoin and many people change there  life because of bitcoin.we all now that bitcoin is the first digital cryptocurrency.


Title: Re: The truth about bitcoin
Post by: rosemary4u on July 25, 2018, 08:07:25 PM
There is no free money anywhere, you need to work hard in order to earn. Hard work really pays, it takes well determined people to succeed in any endeavour. Take a risk now and enjoy the benefits in the near future.


Title: Re: The truth about bitcoin
Post by: tambok on July 25, 2018, 08:14:03 PM
Bitcoin is worth investing because if you invest in bitcoin you will also benefit very much from bitcoin and it is true that bitcoin is an investment that has a fairly large risk but if you believe in bitcoin you will definitely benefit from bitcoin in just how many years so we have to believe in bitcoin, if we want to benefit from bitcoin, and if bitcoin is an illegal investment why until now everyone still uses bitcoin as their investment to get money quickly so I think bitcoin is not too risky so we don't need worried

That is right, besides the fact that we can invest in bitcoin there are also a lot of advantage it brings in our life just like the payment system, nowadays there is no hassle in the payment system, and we can remit money and every time we want, and we can also make money  by just simply investing in it and by using our skills.


Title: Re: The truth about bitcoin
Post by: Amanda Green on July 25, 2018, 09:00:10 PM
Crypto is suitable for every industry, it opens so much more options to invest and support cool projects. I am working in the field of insurance and finance and I have found a really good Token Sale - Socratus.  It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. I think this is really cool and it seems like an innovative and demanded project.


Title: Re: The truth about bitcoin
Post by: Hkim21 on July 25, 2018, 09:07:53 PM
that's true, though many say making money from bitcoin is easy but in reality it is not like that, we must be ready to take risks before profit. passion and strategy are needed in this regard, and not just anyone who might be able to make a big profit.


Title: Re: The truth about bitcoin
Post by: BhuwanPujari on July 26, 2018, 12:54:31 PM
Bitcoin is a digital currency and highly volatile. It is an online payment system used worldwide.
One way to use bitcoins is to make online payments and another is to use a mobile wallet.
Millions believe that Bitcoin will make them rich with little or no effort.


Title: Re: The truth about bitcoin
Post by: Mastsetad on July 26, 2018, 02:01:03 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Yes i agree, it works with real money. Anyone could be be rich if patience will always be your attitude. It makes progress in the sense that you know how to deal on it.
The beauty of bitcoin is that it is used as a currency and as the same time people are using it as a commodity. You can get benefits from being used in place of fiat and also save and store it as Gold as it value increase at much faster rates than the gold. That's the double benefits of bitcoins.


Title: Re: The truth about bitcoin
Post by: ntodntodan69 on July 26, 2018, 02:10:27 PM
for bitcoin at this time its existence is very clear and it is really there and real, because it has been proven many people who already use and have bitcoin. there are even countries that legalize bitcoin.


Title: Re: The truth about bitcoin
Post by: eveniyk on July 26, 2018, 02:19:02 PM
No matter bitcoin fraud or not. The important thing is that it gives people profit! And bitcoin will be popular as long as people make a profit!


Title: Re: The truth about bitcoin
Post by: dirisu2018 on July 26, 2018, 02:19:48 PM
Technology is no respecter of your definitions...the Future has no fixed price or promise you anything. bitcoin is the future, does not promise you anything but you would embrace it, you would invest greatly in it and trust it soars .....BITCOIN = FUTURE. Invest in FUTURE so you don't regret.


Title: Re: The truth about bitcoin
Post by: Nanot on July 26, 2018, 02:28:51 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The truth of bitcoin now is falling down but it has a potential to recovered again so that we are worry because it is on low price but we also know that it will rise again in aan unpredictable life  thier are too many bounty campaigns that is not successfull and had an scammed...in also experience  to be scammed. But since then thier are more bounty treads that can oay back at a time .


Title: Re: The truth about bitcoin
Post by: xamxam on July 26, 2018, 02:49:44 PM
Well, no matter what your understanding about bitcoin, as long as the bitcoin has a big help for those who earn and invest on it we can say that this is very interesting and worth to support because not all crypto currency is like bitcoin and also not all investment is you can earn like what you earn from it.


Title: Re: The truth about bitcoin
Post by: Jedabucol on July 26, 2018, 03:07:03 PM
It is also true that bitcoin works as a real money. For bitcoin is an invesment that has the greatest risk, but it will also be very profitable. For digital currency especially bitcoin is good invesment in the future because it is very promising. Bitcoin is constantly making progress.


Title: Re: The truth about bitcoin
Post by: Athanasios Motok on July 26, 2018, 03:16:01 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




Each person sees what is happening with bitcoins in his own way. Some believe that bitcoin helps to get rich, others say that they only lost. But one thing I can say is, there is a law of conservation of energy or money. If in one place will be surplus money, then in another place, this amount will be shortage of money. This is the law of Economics and Finance. Therefore, there will always be very unhappy people who have lost their money


Title: Re: The truth about bitcoin
Post by: Mia_pikachu on July 26, 2018, 03:18:05 PM
for me bitcoin is worth it for us to make an investment, and for example there is someone who has been deceived or they have lost maybe they have made their own mistakes, and a lot of people who become successful and helped by the bitcoin, and there is also someone who has lose their money due to bitcoin, so We should really be able to figure out what exactly investment will be able to get us the profit we've been expecting.


Title: Re: The truth about bitcoin
Post by: hisuka on July 26, 2018, 03:33:11 PM
Every investment has it's own risks as well into bitcoin. The truth is price is volatile so people should know every little information. Even price has down the truth is it can going up again.


Title: Re: The truth about bitcoin
Post by: Mazda17 on July 26, 2018, 03:57:28 PM

The biggest truth is that bitcoin can make anyone rich. Bitcoin continually advances.
It is the most evolutionary electronic currency at the moment
I agree with your opinion and I believe that the truth makes a lot of people will be more excited to follow bitcoin because besides that the more profit also with a full belief to bitcoin.
I'm sure this is the most current and most popular evolutionary electronic currency.


Title: Re: The truth about bitcoin
Post by: Ronyx on July 26, 2018, 04:32:49 PM
The truth about bitcoin is that bitcoin is risky because of its unstable price. Getting the benefits of bitcoin is a difficult thing if we have no faith, patience and strategy.


Title: Re: The truth about bitcoin
Post by: Evil eye on July 26, 2018, 04:39:06 PM
Bitcoin is such a profitable online currency, there is also some risk in bitcoin. Bitcoin is currently being used independently in many countries. Bitcoin has been declared illegal in some countries. Bitcoin is the most popular among the virtual currency. All the above information is absolutely true about Bitcoin.


Title: Re: The truth about bitcoin
Post by: Dico88 on July 26, 2018, 04:40:59 PM
Bitcoin has the simplest, fastest and most profitable method of making a special exchange that can help the population in general. Therefore bitcoin is valuable and can accommodate individuals and the framework can also be used for speculation where individuals can earn cash in large amounts in a short time. 8)


Title: Re: The truth about bitcoin
Post by: Tukang Becak on July 26, 2018, 04:45:13 PM
I'm always convinced that the future of bitcoin will continue to improve so it deserves to be the most worthy investment, and the sign of bitcoin rises is on the rise for more than $ 1,500 in a week only


Title: Re: The truth about bitcoin
Post by: Ghondronk on July 26, 2018, 04:58:20 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




It is obvious. There  is no any currency or an asset which comes with zero underlying risk. If it is totally risk free then it cannot be an investment at all. It is the talent and the skill of of the investor which matters at the end of the day when finding the best thing to invest on.


Title: Re: The truth about bitcoin
Post by: gaurav82 on July 26, 2018, 05:07:55 PM
You may be right. But I believe that money is money. No matter from where it comes. And that is also true that who has not believe on Bitcoin that is regret later.


Title: Re: The truth about bitcoin
Post by: doremi.van1 on July 26, 2018, 05:49:17 PM
 ::) ::) ::) ::) ::) ::) ::) ::)


Title: Re: The truth about bitcoin
Post by: PM.coins on July 26, 2018, 05:56:48 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
I agree with you a little. people just tend to price and sometimes also panic, but no think about technology and future potential.
bitcoin is not just about developing money or investing. but a technological advancement for a long time.
thank you


Title: Re: The truth about bitcoin
Post by: pujarihema on August 01, 2018, 07:48:24 AM
The biggest truth about bitcoin is that Bitcoin is risky because of its highly Volatile nature. Bitcoin is the most popular virtual cryptocurrency in the whole world. Bitcoin is most simple & convenient method to earn & save more money. Another big thruth is that Bitcoin is No. 1 cryptocurrency in the crypto market.


Title: Re: The truth about bitcoin
Post by: Lucas_Farmer on August 02, 2018, 12:19:47 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesn't matter if You are being scammed with money, electricity or just waste of time. It also doesn't matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
What you write about is fair for all ways of making money. I mean, believing in stability in our world is self-deception. Even the inheritance can depreciate due to inflation, the business can cease to be profitable, one can be fired from work (or can be replaced by a robot)).
Crypto currents frighten people, because it is something completely new, but if you think about it, it's the only way that humanity has always developed. All new technologies were perceived ambiguously or negatively.
All that you should always remember - before you start investing in bitcoin, do not forget about the risks. A common rule for all investors is not to buy bitcoin for the last money. In case there was a collapse in the market and the military-technical cooperation fell in price - do not sell all the currency for a pittance. Try to store bitcoin until the course grows.





Title: Re: The truth about bitcoin
Post by: Dudeperfect on August 02, 2018, 01:40:38 AM
I agree with the opinion of OP that risk is everywhere. However, in most of the cases, we fail to understand and identify those risk due to their different form. It's similar to the case of a guy ignoring his opportunity cost while saying yes to the temporary temptations. In this case, the guy is ignoring the potential of time and capability of earning rewards in the long run. Crypto market is still in the basic phase of development and hence there is a high amount of risk involved with it, on the other hand, it has the potential to give exponential returns down the road.


Title: Re: The truth about bitcoin
Post by: Ronaldcoin2017 on August 02, 2018, 01:49:43 AM
I agree with the opinion of OP that risk is everywhere. However, in most of the cases, we fail to understand and identify those risk due to their different form. It's similar to the case of a guy ignoring his opportunity cost while saying yes to the temporary temptations. In this case, the guy is ignoring the potential of time and capability of earning rewards in the long run. Crypto market is still in the basic phase of development and hence there is a high amount of risk involved with it, on the other hand, it has the potential to give exponential returns down the road.
Yes i agree on that, we dont have to be afraid to take risk because risk is a part of our life. I believe that if we doesnt take any risk we can never change our life and it will remain like what it was from the start. The truth of bitcoin is that it is really risky and less assurance to earn, but it is all about patience crypto is really a game of patience that is really amazing and if we don't have enoughf patience o think we can easily lose on this feild.


Title: Re: The truth about bitcoin
Post by: Sadlife on August 02, 2018, 02:12:55 AM
I get the point on what the poster is trying to say sometimes to win big you have to risk big. There's no such thing as safe investment even when your starting a new investments there are risk that it might fail and gets bankrupt. That's why it's important that people should try to research and know what they're doin before investing in bitcoin.


Title: Re: The truth about bitcoin
Post by: Mazda17 on August 02, 2018, 02:15:43 AM
Bitcoin is a digital assest or currency. It is also true that bitcoin works as a real money and help to man for success. The biggest truth is that bitcoin can make anyone rich and develop country economy. Bitcoin is constantly making progress.
Your opinion is very true and I agree with what you say that bitcoin is a digital tool or a digital currency that can grow and help the economy a good community.
The real truth is that bitcoin is an asset that can make rich people and develop the country's economy. Bitcoin continues to experience rapid progress as long as many people believe it.


Title: Re: The truth about bitcoin
Post by: dungdugg on August 02, 2018, 02:36:38 AM
something without risk. You keep thinking about what the bigger the risk, the higher the profit


Title: Re: The truth about bitcoin
Post by: Al the Alpaca on August 02, 2018, 02:47:29 AM
The biggest truth about bitcoin is that Bitcoin is risky because of its highly Volatile nature. Bitcoin is the most popular virtual cryptocurrency in the whole world. Bitcoin is most simple & convenient method to earn & save more money. Another big thruth is that Bitcoin is No. 1 cryptocurrency in the crypto market.
Bitcoin is not that risky. Well, The bitcoin user can defend what will happen to his carreer in bitcoining. If you are the one who will invest in bitcoin, well, if you will invest a lot of money, I believe that bitcoin is very risky. Well, In the reality, Many bitcoin users trying to play safe in bitcoin. Bitcoin is not good in  this time because it is not advisable to withdraw yout btc into money. Bitcoin experiencing downfall and it follows until before BER months.


Title: Re: The truth about bitcoin
Post by: Raiden0729 on August 02, 2018, 03:00:39 AM
The honest to goodness essense of bitcoin and it's structure are not particularly in the terms of money, the certifiable inspiration driving it is to have a much least complex, speediest and favorable strategies for doing or making unmistakable trades that can help to the overall public. Subsequently, to make bitcoin much important and pleasing to people it system can moreover use for hypothesis where in people can get an enormous of trade from it out just for a concise time span.


Title: Re: The truth about bitcoin
Post by: boidepzaikhoaito1 on August 02, 2018, 03:15:53 AM
Investing in Bitcoin is risky. However, for those investors who want to make big profits, this is still a fertile land. I also have a lot of hesitation but still decided to invest, I believe in his decision


Title: Re: The truth about bitcoin
Post by: Kepet15 on August 02, 2018, 03:23:20 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




Bitcoin is a cryptocurrency that has benefits for investment, bitcoin can provide benefits and also risks depending on how we use bitcoin.


Title: Re: The truth about bitcoin
Post by: hotBriX001 on August 02, 2018, 03:28:04 AM
Investing in Bitcoin is risky. However, for those investors who want to make big profits, this is still a fertile land. I also have a lot of hesitation but still decided to invest, I believe in his decision

Actually investing in bitcoin is a challenge one because there are many things to considered like volatility, unpredictable and uncontrollable behavior that can threaten our investment in more risky. But it depends what the truth we discovered from it that's why we are still adapting and investing on it.


Title: Re: The truth about bitcoin
Post by: Andrea23 on August 02, 2018, 03:30:41 AM
Nothing is free in this world. My friend keeps reminding me of this. Especially when you want to be rich there is always boulders and walls in your road. That shouldn't stop you from taking that road though. Bitcoin especially has a pretty high risk going with it. Investing means to put your money in the hope of something good in return. However, it's not guaranteed. Bitcoin isn't any different. Putting your money in it has it's risks but you gotta be ready for it. Whenever I see the word "free", I always take it with a grain of salt. Don't be gullible.


Title: Re: The truth about bitcoin
Post by: helenmitchell44 on August 02, 2018, 03:36:45 AM
The truth is getting rich is hard. It's not easy to earn money. And I'm sure just about every rich person in this world is a testimony. Rich people whose parents were rich to begin with, might had a different path, but they also worked hard to stay rich. It's how the rich families stay rich. Now obviously this is not 100% true. In general, the higher the risk the higher it's return, but it can also go south.


Title: Re: The truth about bitcoin
Post by: bagaiskwpps212 on August 02, 2018, 07:01:49 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.
...

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam.
...



The fact that when starting an investment or starting a project, safety only occurs when we have a good preparation process, the risk is what happens if there is instability. Can you give me some examples of Bitcoin scams as you say?


Title: Re: The truth about bitcoin
Post by: cryptochain5 on August 02, 2018, 07:20:42 AM
Bitcoin is the most popular virtual cryptocurrency in the whole world and it is most simple & convenient method to earn & save more money. bitcoin is not just about developing money or investing. but a technological advancement for a long time.


Title: Re: The truth about bitcoin
Post by: Zaibraid on August 02, 2018, 07:26:44 AM
I think that someone can tell the truth about bitcoin are the owner of bitcoin, bitcoin player, and everyone who uses the benefits of bitcoin. I think that bitcoin really provides benefits and benefits to its users. Bitcoin offers the convenience of fast, safe, and inexpensive transactions. We are not burdened with the taxes and rules of the complicated state financial authorities. Our identity as bitcoin players is safe because bitcoin offers anonymity facilities so our original identity can not be misused.


Title: Re: The truth about bitcoin
Post by: Fatanut on August 02, 2018, 07:36:38 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
On the other hand, nothing is being covered up in bitcoin. Nothing is working "behind the shadows". Everyone can see the transaction history. I really don't think that all that you are claiming was never claimed by bitcoin at all.

1. "Money is good". It is good if you know how to trade or if you are lucky. It is good if you have skills that you can offer on the Internet and get paid for it with bitcoins. Money is good on the Internet, even if you're not going to get paid in bitcoin, because your clients are mostly from first world countries.
2. "Easy". It is only easy if you know EXACTLY what you are doing. But when you're just starting out, it's not really easy at all. It's also the reason why only the hardworkers are the one that are at the top right now. It's not easy but it certainly does become easy over time.
3. "Risk free". I honestly don't know how can you think that bitcoin is risk-free when everyone's shouting that bitcoin is really risky because of its high volatility.
4. "Anyone can get their share of it.". Anyone can indeed receive bitcoins but why would someone give them bitcoins? You are getting your share only if you mine, work in exchange of bitcoins, or buy them. It's not like bitcoin was released to the public and everyone can just get as much as they can. You have to either mine it or buy (or work in exchanged of) the mined ones.

So I really don't know how is this the "truth" ABOUT bitcoin. The bolded part of your post is indeed true but it is not the "truth" about bitcoin.


Title: Re: The truth about bitcoin
Post by: Impulseboy on August 02, 2018, 07:40:49 AM
The biggest mistake people make about buying bitcoin is the lack of knowledge about cryptocurrency. If you start buying or trading without knowing what is it about then you are really setting yourself up to be scammed. So it is important to read and learn everything you can, be patient about it, and only spend money you can afford to lose.


Title: Re: The truth about bitcoin
Post by: Menawi12 on August 02, 2018, 08:05:00 AM
Bitcoin and cryptocurrency is not free risk, its high risk investment. But every investment have risk and I am believe behind every risk, there is big reward waiting us if we believe.  I am investing my money because believe bitcoin and cryptocurrency is new investment and will be growing bigger in near next year


Title: Re: The truth about bitcoin
Post by: Warbson on August 02, 2018, 08:11:46 AM
Well sure: growth rates like bitcoin has had certainly aren't sustainable forever, but where is the uncertainty? Its in government regulation...how much can they and will they try to squeeze this crypto-currency and make it "open" (i.e. traceable).


Title: Re: The truth about bitcoin
Post by: reda on August 02, 2018, 08:26:18 AM
It easy to use if you know the bitcoin process and rulas and regulations. So before use the bitcoin lean it.
I believe the bitcoin. So I will invite. So gather more information of the bitcoin. This information help to for the future growth. It time to up and down the price. So time to invest. It change the more of the people life. So don't loss.  If price will be go down. Don't sell. Wait for the price increase. Then sell it. Plan is important. So mack plan the invite. So learn the bitcoin history and information. If want some information about bitcoin. Check the market place price. Then you know about the bitcoin.


Title: Re: The truth about bitcoin
Post by: StrikingAdvantage on August 02, 2018, 08:27:03 AM
Bitcoin and cryptocurrency is not free risk, its high risk investment. But every investment have risk and I am believe behind every risk, there is big reward waiting us if we believe.  I am investing my money because believe bitcoin and cryptocurrency is new investment and will be growing bigger in near next year

Of course, the higher the risk, the higher the returns.


Title: Re: The truth about bitcoin
Post by: julielyn on August 02, 2018, 10:01:48 AM
I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.


yes i agree with that the bitcoin requirement is you can buy everything you want with bitcoin do not despair.


Title: Re: The truth about bitcoin
Post by: Peashooter on August 04, 2018, 05:51:50 AM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich.
Bitcoin is constantly making progress.
Bitcoin is a digital currency that give high profit, and the truth about in bitcoin is the risk cause I know in every investing have risk but bitcoin give you big profit in your investment and give you a chance to become rich and successful in the future.


Title: Re: The truth about bitcoin
Post by: xanaxxx on August 04, 2018, 06:19:04 AM
Well sure: growth rates like bitcoin has had certainly aren't sustainable forever, but where is the uncertainty? Its in government regulation...how much can they and will they try to squeeze this crypto-currency and make it "open" (i.e. traceable).

we don't rely on governments. Bitcoin was designed to surpass the governments so in case they don't want to cooperate, they don't need to, it's all in the hands of the users


Title: Re: The truth about bitcoin
Post by: dobladonadouble on August 05, 2018, 07:06:16 AM
People may see bitcoin as an easy-money maker. But it does not stops there. It's a risky activity. I mean, the first time you enter, you cannot make sure of yourself if it's goung to work. You have no assurance of earning money (thanks to scams huh). But it's part of it. It's the risk we all should know and be part of.


Title: Re: The truth about bitcoin
Post by: HoloUpfront210 on August 05, 2018, 11:24:45 AM
Earning money in an easy way is always risky. Because there is no substitute of hard work. So, those people who invest in bitcoin must know this and as far i know investment in everywhere is risky.


Title: Re: The truth about bitcoin
Post by: Captain Sneeze on August 05, 2018, 12:15:44 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.





I think the truth of bitcoin base on what i search on the internet Bitcoin is an online payment system that started as open-source software. It is a new type of cash and an innovative system whereby network codes are used to verify transactions.


Title: Re: The truth about bitcoin
Post by: mmo_online_1981 on August 05, 2018, 12:18:12 PM
Trust of investors, the popularity at this time is the value of Bitcoin!
A very successful coin on Blockchain technology!
But I always believe in the development of altcoin in the future!


Title: Re: The truth about bitcoin
Post by: goldSkylark on August 06, 2018, 12:32:50 AM
Bitcoin is essentially and primarily, a digital or virtual currency. The problem is, people are too focused on using the crypto as an investment. I mean it has proven to be a valuable asset for many, but that's not the only purpose of crypto, people! Everyone’s too busy checking prices and counting losses that we are losing sight of crypto’s real purpose –and that is to change and revolutionize the way we handle and transact OUR money.


Title: Re: The truth about bitcoin
Post by: The Cryptologist on August 06, 2018, 01:52:21 AM
Agree but stupid and dumb people still see it as a quick-rich scheme. Because you don't really have to work to make a lot of profits on bitcoin. It as about patience. Lazy people really like that. Even there are risks, they don't care because they know their goals will be met which is really not good for them.


Title: Re: The truth about bitcoin
Post by: Happy Fun on August 06, 2018, 02:15:21 AM
That's true. Bitcoin is risk and isn't easy to get it. Because there are who get bitcoin by way mining or buying it instantly on exchanger and many more. But although bitcoin risk is high don't worry to invest. On condition if you want to invest in bitcoin you must have enough knowledge about bitcoin first after that you will sugessted to invest in bitcoin. :)


Title: Re: The truth about bitcoin
Post by: haruharu732 on August 06, 2018, 02:19:26 AM
The most obvious bitcoin investment is a risk, especially market risk, price. No one knows what the future of this money will be like in the future, I personally do not invest in bitcoin so I do not advise anyone to invest bitcoin.


Title: Re: The truth about bitcoin
Post by: ngerok on August 06, 2018, 03:16:42 AM
Trust of investors, the popularity at this time is the value of Bitcoin!
A very successful coin on Blockchain technology!
But I always believe in the development of altcoin in the future!
no problem, you believe in the altcoin because altcoin also has good technology, ETH has the potential to grow, you can also start investing in ETH. coin BTC and ETH have great potential to grow, both of them are very well made for an investment.


Title: Re: The truth about bitcoin
Post by: warkop121 on August 06, 2018, 03:36:35 AM
I've read articles about the value of digital currencies that are somewhat different. The most important advantage of the crypto currency is the withdrawal from the state, as a monopoly on the creation of monetary assets. Don't look at crypto as a short-term investment, cryptocurrency has just been born, wait until it becomes strong and issue all the other money. And to decide things like that does take time, but when compared to the way people get profit aside from cryptocurrency it is more convenient. I agree with someone who creates cryptocurrency as an additional income, they spend money willingly to lose.


Title: Re: The truth about bitcoin
Post by: MrCrank on August 06, 2018, 04:01:59 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




Bitcoin is crypto cyrrency. Any scammer can use bitcoin and not only (altcoins).
I believe in Bitcoin and know that BTC wait good future.
Risk is possible in all investments.


Title: Re: The truth about bitcoin
Post by: samcun on August 06, 2018, 04:14:53 AM
the truth of bitcoin is the increasing number of investors competing to invest their money in bitcoin, with the aim of making a profit. all investments must have a loss and the benefits for that we have to avoid seeing any investment that can be profitable. and the truth of bitcoin itself I have felt 3 years I invested in bitcoin as a result I promise for the future of me and my family.


Title: Re: The truth about bitcoin
Post by: PETES on August 06, 2018, 05:06:05 AM
Some people misunderstood bitcoin or even altcoins to have a quick and easy profit. Not because of bitcoin itself but the people that educate them are the one that uneducated. Every investment have their risk and you should know it once you step in here so don't blame bitcoin instead blame yourself for being uneducated about it. It's sad that people missed the opportunity of having this because they're uninformed.


Title: Re: The truth about bitcoin
Post by: Lauff on August 06, 2018, 05:17:55 AM
many new traders who just join in trading crypto currencies, actually to get something all there must be risks and only new people who panic after knowing the market prices are down, so they sell their assets below the normal price, but this is the crypto currency chart which for the price no one can predict


Title: Re: The truth about bitcoin
Post by: 135cc on August 06, 2018, 06:25:42 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think the problem is when the people ccan easily think that bitcoin or even altcoin is instant source of income. They aim that bitcoin or altcoin can give them a lot of profit without they doing a deep research about it first. That misconception, often lead many people in the wrong direction when they want to jumped out in bitcoin market. Anyway, thank you for this opinion, i highly appreciated that! :)


Title: Re: The truth about bitcoin
Post by: shawn995 on August 06, 2018, 06:28:43 AM
It's about Bitcoin as well as about a wide range of advantages. Individuals tend to purchase Bitcoin despite the fact that they don't comprehend cryptographic forms of money or they don't significantly try to peruse about them. Individuals freeze right now since its cost is continually diminishing with no specific reason. Try not to center around the value, center around the innovation.


Title: Re: The truth about bitcoin
Post by: Tiffany Pan 0403 on August 06, 2018, 08:47:17 AM
Bitcoin is a digital currency. It is also be treated as a real money. my friend use it to buy pizza in US before. Obviously he is super regret now. i think Bitcoin can change the world. it's a reform and innovation to the whold world. let see what'd gonna be happend .


Title: Re: The truth about bitcoin
Post by: InboundMercury on August 06, 2018, 08:57:50 AM
One thing i understand that a large number of people don't know about crypto just they know that it is very easy to make money from here and the main problem creates from here.


Title: Re: The truth about bitcoin
Post by: rickyNmorty on August 06, 2018, 09:00:42 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

Right. But the thi the is, they do not know about bitcoin. And that is one of the truth. Many people uses bitcoin just to earn profit not because 'bitcoin is the future' we all know that. Another thing is that, bitcoin will become the future of all of s as abouve stated we shoul focus on the technology and that is whats going on today. Continuous improvement in technology together with cryptocurrency.


Title: Re: The truth about bitcoin
Post by: dohh on August 06, 2018, 09:27:53 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

Right. But the thi the is, they do not know about bitcoin. And that is one of the truth. Many people uses bitcoin just to earn profit not because 'bitcoin is the future' we all know that. Another thing is that, bitcoin will become the future of all of s as abouve stated we shoul focus on the technology and that is whats going on today. Continuous improvement in technology together with cryptocurrency.

You are wrong. "Continuous improvement" is just bla-bla-blah, to give BTC a bit more time to live. Thats very similar to many othes schemes. You will be introduced with Schnorr signatures, MAST, Lightning network, etc...

Except, none of these wont work. BTC will keep its price more or less as long as there is a hope for a miracle technology, that comes and solves scalability issue. Lets leave everything else aside for now, including question, whether BTC is needed as product at all, and focus on solving scalability issue only. IT WONT HAPPEN. And as it wont happen, that means, there is no viable product behind name of BTC, therefore is as good as pyramid.


Title: Re: The truth about bitcoin
Post by: cdcjk on August 06, 2018, 09:28:01 AM
And I cannot be disagreed with you, it is very simple and obvious, and yet many of people are just not understanding that. In my opinion people will always be like this believing in fast and easy richness.


Title: Re: The truth about bitcoin
Post by: spaopera on August 06, 2018, 09:32:51 AM
The bottom line is that with a risk comes a great reward and only the few willing to risk will eventually rule the game.


Title: Re: The truth about bitcoin
Post by: KofiAdepa on August 06, 2018, 09:36:52 AM
That is just that, you have to strive hard to get it. Its not something easy  :)


Title: Re: The truth about bitcoin
Post by: zahrah74 on August 06, 2018, 09:55:30 AM


Bitcoin is a digital currency and also functions as a real currency and the existence of bitcoin makes people rich and Bitcoin progresses.


Title: Re: The truth about bitcoin
Post by: richkid3001 on August 06, 2018, 09:59:24 AM
Everyone is bullish of a stock they hold because if the price goes up they make money. Right now everyone holds BTC 


Title: Re: The truth about bitcoin
Post by: dohh on August 06, 2018, 10:31:47 AM
The bottom line is that with a risk comes a great reward and only the few willing to risk will eventually rule the game.

This is perfect sample of "risk assessement", that leads to unavoidable bankrupcy at some day.

Not the biggest risk takers are rewarded the most! Far from that! Mainly early whales and some very good speculants earn well with BTC. Regular buyer plays with luck with poor odds. As people who have stock background, have an advantage, when speculating if BTC goes up or down, they are ready to play along that game.

If BTC core technology and especially its scalability ever went under SERIOUS investogation, it would become all clear, that this is a financial scheme, not more. Those who have early supply of many BTC, run huge profits now, those who mine and those who buy now at market price, they just gamble, not more. 


Title: Re: The truth about bitcoin
Post by: ndhdiwo234 on August 06, 2018, 10:39:03 AM
Are you talking about the nature of Bitcoin or the value Bitcoin brings? If you say Bitcoin is a scam, then it is hard, it is just a tool to serve the fraud of its users.


Title: Re: The truth about bitcoin
Post by: ddd4367a on August 06, 2018, 10:39:53 AM
The risk of losing money when investing in Bitcoin is present, but in fact, you have invested in it will have to accept some risk if you want to enter the global financial market.


Title: Re: The truth about bitcoin
Post by: Bdstar on August 06, 2018, 10:45:38 AM
Bitcoin is not like magic which leads to you finding out a rich status, It's a virtual currency. You may take this platform for trading and investment so that It's a part of a currency as like we have in our country. Basically, Bitcoin is a currency, not anything more. So don't be fantasized about this platform.


Title: Re: The truth about bitcoin
Post by: Delinquency on August 06, 2018, 10:53:51 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




You're right but any logical man who invest bitcoin don't (or shouldn't) see bitcoin as risk free, easy, short road to fortune. People who think that way will lose most of their money. I am (and many people) aware of risks and possible bad circumstances. And we risk our money on purpose.


Title: Re: The truth about bitcoin
Post by: dohh on August 06, 2018, 10:53:59 AM
Are you talking about the nature of Bitcoin or the value Bitcoin brings? If you say Bitcoin is a scam, then it is hard, it is just a tool to serve the fraud of its users.

Very good. This precisely is the whole point of my topic. I want people to come to that statement, as You wrote in last sentence.

I indeed think, that BTC is just a tool for scamming. As it became so ridiculosly popular, some late joiners (besides whales) can make good money in it too, by guessing, how BTC price will change. Eventually it becomes obvious, that BTC is not viable as product (currency) and it will lose most of its price, maybe all. It´s a scam, maybe not designed to be, but that wont matter in future.


Title: Re: The truth about bitcoin
Post by: maminelly on August 06, 2018, 11:02:57 AM
money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually money is risk free and available for anyone, it is called a salary, but that is usually not very good...anyone can get their share of it, it is essentially a scam are being scammed with money, electricity or just waste of time also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam.where people are attracted with false promises and where the nature of their investment is kept hidden by purpose...


Title: Re: The truth about bitcoin
Post by: warwar on August 06, 2018, 11:04:46 AM
Bitcoin is not like magic which leads to you finding out a rich status, It's a virtual currency. You may take this platform for trading and investment so that It's a part of a currency as like we have in our country. Basically, Bitcoin is a currency, not anything more. So don't be fantasized about this platform.

Though if you are lucky then.it could lead you to be rich though this time as in right now I think it is just for side job so that you can earn some money to support your daily life. Also the truth of bitcoin is if you hold it goes to the moon though it is true but what is the essence of bitcoin if you just hold right ? Think of it


Title: Re: The truth about bitcoin
Post by: scrypt256 on August 06, 2018, 11:10:05 AM
Yes in bitcoin there is no easy,risk free money is available because before investment we need to understand what is the crypto market and how this work also we need to research about how we can make money because here need more analysis skills and technical knowledge how this market work and what is the right time of entry and exit in the market.


Title: Re: The truth about bitcoin
Post by: TetraSquad50 on August 06, 2018, 11:44:39 AM
Yes you are right sir, if we consider it a business then no business is risk free and if they don't want to take risk then i must say this track is not good for them.


Title: Re: The truth about bitcoin
Post by: yorannic on August 06, 2018, 11:54:13 AM
Conspiracy theories you always have a place to be in the minds of people. Even if we do not know what bitcoin really is for, but with the same probability we will not know why he was conscious. Just as we learn why the Internet was created and why banks were created or for what purpose they came up with a religion. These answers will always be in the hands of a certain number of people (the creators of this or that product) and ordinary people, they will not tell them.


Title: Re: The truth about bitcoin
Post by: Maruf Nazir on August 06, 2018, 12:27:05 PM
There is no fixed wage in bitcoin, here it is paid by paying attention to your work. The greater the amount of intelligence that will be used and the right way to invest money in the street will be much higher. Bitcoin survives on human deeds and on faith. The interest of people's work makes Bitcoin more advanced, and offers access to different places.


Title: Re: The truth about bitcoin
Post by: derekeaton on August 06, 2018, 02:30:59 PM
Any investment carries a risk and bitcoin is no exception. Therefore, you can not blame everything for bitcoins.


Title: Re: The truth about bitcoin
Post by: Hudadahuda2018 on August 06, 2018, 02:36:57 PM
Bitcoin is a digital assest or currency. It is also true that bitcoin works as a real money and help to man for success. The biggest truth is that bitcoin can make anyone rich and develop country economy. Bitcoin is constantly making progress.
What you say is also true that bitcoin is an asset that functions as a real currency that always helps many people to succeed. Bitcoin continues to experience progress in the business world that becomes a reality so that the truth is bitcoin can help many people to be as simple as possible so that bitcoin is able to change or develop the economy of the community and the country.


Title: Re: The truth about bitcoin
Post by: goodluck0319 on August 10, 2018, 10:20:01 AM
the presence of risk gives bitcoin an opportunity to make some quick money. there will never be that lack of risks will lead to big money


Title: Re: The truth about bitcoin
Post by: BitGunner on August 10, 2018, 10:27:48 AM

I think that maybe some part is truth but not everything. To my mind, btc is the best coin which has many advantages in comparison with others that exist in the market today. To my mind, it is better to use btc than any other coin


Title: Re: The truth about bitcoin
Post by: gurang on August 10, 2018, 10:38:10 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



the truth about bitcoin is that`s the way to reach your goals someday if you have a patience and trust on yourselves, just wait and be calm in what time


Title: Re: The truth about bitcoin
Post by: Jackolantern on August 10, 2018, 10:40:45 AM
I think that the truth is that it is going to be the leader in the market forever. To my mind, this is the best way to trade. I think that btc has significant potential which nobody will deny


Title: Re: The truth about bitcoin
Post by: wtbhitlv on August 10, 2018, 10:42:22 AM
Yes, it does serve as a basis for judging whether Bitcoin is worth investing. If we consider this general monetary rule before every investment, our investment risk will be better controlled.


Title: Re: The truth about bitcoin
Post by: suchi2591 on August 10, 2018, 10:44:57 AM
What is the reason of current dip. My portfolio is in deep red. What should I do?


Title: Re: The truth about bitcoin
Post by: wengden on August 10, 2018, 10:46:20 AM
Yeah. I agree with you dude. In this comunnity there's no free. We will just try to be safed always in doing such investment. Dont take risk if you still have doubt on it. Some part of bitcoin is truth some are not.


Title: Re: The truth about bitcoin
Post by: Theresachinyere on August 10, 2018, 10:49:51 AM
investment into btc is very risky but it is worth it in every aspect.


Title: Re: The truth about bitcoin
Post by: joshuab028 on August 10, 2018, 10:52:12 AM
Yes, bitcoin is a very risky investment. First of all because sometimes we doubt whether it is legit or not. Second, is we are of scammers. But besides this bitcoin is really a good choice as long as we know how to be safe


Title: Re: The truth about bitcoin
Post by: Lagunaloire2 on August 10, 2018, 11:00:24 AM
People say Bitcoin rogue, I do not care about that problem. I only really care about Bitcoin prices up and down. It directly affects my finances and investors.


Title: Re: The truth about bitcoin
Post by: Panetymerni on August 10, 2018, 11:01:40 AM
Investing in anything is always risky. Bitcoin is more risky than gold but ICO's are more risky than Bitcoin.


Title: Re: The truth about bitcoin
Post by: ogzramiz on August 10, 2018, 11:36:24 AM
you mentioned an important topic, thank you. nothing can be totally perfect. life is not perfect anyway. things that are perfect do not belong to this world. don't believe everything.


Title: Re: The truth about bitcoin
Post by: Janeetaa on August 10, 2018, 12:01:04 PM
All investments must have risks. So before investing we must learn what we invest. That includes investing in Bitcoin, so we must know all the risks about bitcoin. Many people panic because the price of bitcoin continues to decline.


Title: Re: The truth about bitcoin
Post by: nicko122 on August 10, 2018, 12:23:33 PM
Free cheese only in a mousetrap. There is no easy money and there is no investment without risks. Investing money is always a bit dangerous.


Title: Re: The truth about bitcoin
Post by: dohh on August 14, 2018, 05:57:55 AM
What is the reason of current dip. My portfolio is in deep red. What should I do?

Thats unfortunately impossible question. You are asking me to tell You, how coin flip will result.

What the future will be like, that i can answer. Most probably BTC will bounce few times, every peak ending at lower than previous and is followed by deeper and deeper fall.
This is very bad news for You, if You bought at high. But this is, what I think, will happen.


Title: Re: The truth about bitcoin
Post by: patrickj on August 14, 2018, 06:39:52 AM
All things considered, regardless of what your comprehension about bitcoin, as long as the bitcoin has a major help for the individuals who gain and contribute on it we can state this is exceptionally intriguing and worth to help in light of the fact that not all digital money resembles bitcoin and furthermore not all speculation is you can acquire like what you procure from it.


Title: Re: The truth about bitcoin
Post by: GraceEmily on August 14, 2018, 06:50:34 AM
Many people talk about the nature of Bitcoin rather than the truth. They consider more about value than the increase or decrease. The risk that Bitcoin brings as soap bubbles, investors always look at the value and profit of Bitcoin.


Title: Re: The truth about bitcoin
Post by: chacha4twenty on August 14, 2018, 07:11:32 AM
everybody knows the truth about bitcoin and but banks don't want to accept as currency and if we use bitcoin as payment never use bank so bank will mind so thats why bitcoin getting dumb and still trying to dumb btc...btc etf is delayed and im sure sec will approve the btc etf in September..
huge investors trying to dumb btc and ethereum for they can buy at cheap price... thats all...  :o :o


Title: Re: The truth about bitcoin
Post by: JessicaMcDonnell on August 14, 2018, 09:11:00 AM
The Bitcoin market generally has many similarities with the stock, Bitcoin price fluctuates regularly, but up and down often, but Bitcoin prices, in the long run, is still up. Many investors have poured The capital of Bitcoin is very early and so far they have had a tremendous amount of assets. I myself have been an investor and investor of Bitcoin since the year 2016 so I understand Bitcoin is a very potential market. However, the electronic money market in general and Bitcoin, in particular, is a new investment trend and of course, if you pick up the trend then the opportunity to make money is always wider when it is saturated as evidence. There is a huge potential risk, of course, of any market so high profits are always accompanied by high risk, you should determine this from the beginning.


Title: Re: The truth about bitcoin
Post by: dohh on August 14, 2018, 09:21:59 AM
The Bitcoin market generally has many similarities with the stock, Bitcoin price fluctuates regularly, but up and down often, but Bitcoin prices, in the long run, is still up. Many investors have poured The capital of Bitcoin is very early and so far they have had a tremendous amount of assets. I myself have been an investor and investor of Bitcoin since the year 2016 so I understand Bitcoin is a very potential market. However, the electronic money market in general and Bitcoin, in particular, is a new investment trend and of course, if you pick up the trend then the opportunity to make money is always wider when it is saturated as evidence. There is a huge potential risk, of course, of any market so high profits are always accompanied by high risk, you should determine this from the beginning.

No, You are wrong. There is no healthy reason to believe, BTC stock price will go up. Its fully irrational. If BTC doesnt solve scalability/efficiency issues, it will not even become a product and there is absolutely no reason to believe, its value will grow.

In my own opinion: those issues are unsolvable and creators of BTC know it. That would make BTC the biggest SCAM and monetary scheme in human history.


Title: Re: The truth about bitcoin
Post by: poldanmig on August 14, 2018, 09:23:17 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



money with all the risks for sure that will emerge good results and ways of investment it depends on the intention and purpose of the investor itself cryptocurrency is hard to counterfeit if the fiat currency has a lot of news about the currency counterfeiting


Title: Re: The truth about bitcoin
Post by: dohh on August 14, 2018, 09:25:55 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



money with all the risks for sure that will emerge good results and ways of investment it depends on the intention and purpose of the investor itself cryptocurrency is hard to counterfeit if the fiat currency has a lot of news about the currency counterfeiting

You are building right conclusions or wrong assumptions. You start from cryptos being viable alternatives, which with very high propability is not the case. If BTC is a scheme, You are not investing, but just taking part of scam.


Title: Re: The truth about bitcoin
Post by: johny1512 on August 14, 2018, 09:30:45 AM
Yes you are absolutely right there is no risk free money anywhere if someone want money he she cannot get it without taking risk .. higher the risk higher will be the return but in my case i took higher risk and got higher return but that was higher loss and loose $4000. My biggest mistake in life which i can not undo


Title: Re: The truth about bitcoin
Post by: colvis on August 14, 2018, 09:31:13 AM
You are absolutely right, there is no easy way to make money in every part of the world neither is there tree that bear money in any where... Before you make money you have to take risk and make a move before that can be achieved.. Bitcoin is worth investing on and it give money and interest easier when you know how it only take your time and risk.


Title: Re: The truth about bitcoin
Post by: ZwodderLucas on August 14, 2018, 09:41:21 AM
I think it's better to own a bitcoin then not own any bitcoin in the crazy shit world we live in.

Look at Turkey, Iran and Venezuela.

You will never know, in what situation you will end up in or what price will bitcoin climb to.

In that sense it's worth to invest a bit in it and then just forget about it.



Title: Re: The truth about bitcoin
Post by: BitcoinPanther on August 14, 2018, 10:52:03 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

I like what you have written here dohh.  And to sum it up, it's all about risk and scam.

As the old adage goes, any investment is not for the faint hearted, it requires bravery and a lot of risking so to say.

Unfortunately, even the most risky person you get to know may not have enough asset to make an investment (a supplementary truth to your universal money rule). Thus, boiling it down to the truth that investment is not for everyone, it is for the wealthy and the risky, combined.

You will see a lot of genuinely concerned people fend off investment goals  of those who does not have enough, have only enough and have more than enough but no knowledgeable on the economics of crypto. They are the best people to consult with.  And as you tipped the iceberg of scam, the shinier the promises of return on investment with bitcoin, the bigger the problem that could be lying down beneath such promise which usually causes a damaging collision.

Thanks for you thoughts by the way.


Title: Re: The truth about bitcoin
Post by: dohh on August 14, 2018, 04:42:03 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

I like what you have written here dohh.  And to sum it up, it's all about risk and scam.

As the old adage goes, any investment is not for the faint hearted, it requires bravery and a lot of risking so to say.

Unfortunately, even the most risky person you get to know may not have enough asset to make an investment (a supplementary truth to your universal money rule). Thus, boiling it down to the truth that investment is not for everyone, it is for the wealthy and the risky, combined.

You will see a lot of genuinely concerned people fend off investment goals  of those who does not have enough, have only enough and have more than enough but no knowledgeable on the economics of crypto. They are the best people to consult with.  And as you tipped the iceberg of scam, the shinier the promises of return on investment with bitcoin, the bigger the problem that could be lying down beneath such promise which usually causes a damaging collision.

Thanks for you thoughts by the way.

Very good. I like smart people, doesnt matter if they agree with me completely, partly or not at all. What You say about promises for returns goes of course for every investment and this rule is broken in this forum too almost in every discussion. People speak with confidence, how one should buy BTC just because its low now and will rise again. Doesnt matter if BTC turns out to be scam, as I think, or a miracle technology comes out and proves Im wrong, this is a poor advice anyway.


Title: Re: The truth about bitcoin
Post by: recklessMe on August 30, 2018, 09:09:40 AM
The truth is that there is no one truth. You are investing in Bitcoin if you find that profitable. You are exploring new ways to benefit from it. You are joining the progress by using the blockchain technology.


Title: Re: The truth about bitcoin
Post by: moschinot on August 30, 2018, 09:15:10 AM
I do not think that bitcoin is fraud and it seems to me that behind it is worth the technology and the future behind it


Title: Re: The truth about bitcoin
Post by: Zalaster on August 30, 2018, 09:42:47 AM

There is NO good, easy, risk free money, that is available for everyone.

Any investment is a risk, which also applies to bitcoin. There is no easy money, but most people think otherwise. They want to get rich quickly, without risking anything at all. The responsibility for failure lies solely with the investors themselves.


Title: Re: The truth about bitcoin
Post by: Goodwin54 on August 30, 2018, 11:33:20 AM
You are right and I totally agree with you, there is no investment is risk free, In order to earn money we always need to take risk and do hard work and same condition is applicable for bitcoin too.


Title: Re: The truth about bitcoin
Post by: kendra1107 on August 30, 2018, 11:34:37 AM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion?

Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.
There was no promise to begin with. Bitcoin was not created as an asset or a commodity to invest in. It was created to become an alternative mode or means of payment. A monetary innovation wherein governments and banks have no control over it. Digital currencies were created with a fixed quantity. Hence, $21M is Bitcoin's number. No one promised that no more BTC will be created. It was created that way.


Title: Re: The truth about bitcoin
Post by: bitcoindusts on August 30, 2018, 11:37:54 AM
I don't think that the truth about bitcoin is being concealed actually. In fact, a lot has expressed warnings on bitcoin as an investment as much as many convinces people that it is a trustworthy and reliable system of payment.

Bitcoin did not try to hide anything actually, it is the people around who wanted to attract investors in their quick scam schemes that made it sound really bad.  That is why it is good to remember things you have mentioned and yes, it is good to steer clear of greed.  It is being blinded by quick big cash invest returns that traps many and results into bad investment results.


Title: Re: The truth about bitcoin
Post by: dohh on August 30, 2018, 11:48:10 AM
I don't think that the truth about bitcoin is being concealed actually. In fact, a lot has expressed warnings on bitcoin as an investment as much as many convinces people that it is a trustworthy and reliable system of payment.

Bitcoin did not try to hide anything actually, it is the people around who wanted to attract investors in their quick scam schemes that made it sound really bad.  That is why it is good to remember things you have mentioned and yes, it is good to steer clear of greed.  It is being blinded by quick big cash invest returns that traps many and results into bad investment results.

BTC doesnt need specifically "hide" anything. The concept is complicated enough, that 95% of people dont understand it to the core. Just one what if question: what if the truth is, that BTC CAN NOT be scaled to amount, that is needed to perform as vital currency? That would mean, You have no product which also would meant, that we are dealing with scheme.


Title: Re: The truth about bitcoin
Post by: dohh on August 30, 2018, 11:49:50 AM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion?

Thats not a correct statement. Bitcoin promised, there will be no more than 21 million coins. I suppose You do understand the meaning of this?

They also have made many promises on their product´s characteristics.
There was no promise to begin with. Bitcoin was not created as an asset or a commodity to invest in. It was created to become an alternative mode or means of payment. A monetary innovation wherein governments and banks have no control over it. Digital currencies were created with a fixed quantity. Hence, $21M is Bitcoin's number. No one promised that no more BTC will be created. It was created that way.

Doesnt matter how You name it. The knowledge, that there will be no more than 21m BTC does have You (corrupted) trust of its scarcity.


Title: Re: The truth about bitcoin
Post by: dohh on August 30, 2018, 11:56:01 AM
The truth is that there is no one truth. You are investing in Bitcoin if you find that profitable. You are exploring new ways to benefit from it. You are joining the progress by using the blockchain technology.

"Profitable" means, You just sell it at higher price to another person. Now, there is HUGE difference, if company (or project) is viable, will grow organically and generate more and more money via services or its an air, where money comes only from finding a Greater Fool.


Title: Re: The truth about bitcoin
Post by: Flashback54 on August 30, 2018, 04:57:40 PM
I also admit that investment in bitcoin is very risky not because you will lose every thing because your money may stuck for several months but it is also a part of business.


Title: Re: The truth about bitcoin
Post by: Ayomiqueen on August 30, 2018, 05:14:32 PM
Every business involve risk even when you are sleeping , it tends to be dead by next minute or hour which is also a risk to involving in any kind of business is risky your money and time put in to it , which might turn out profit or lost but my advice is to do your research on any stuff you are going into and understand the basic things before venturing in to it and mind you knowing the basic things does not give full assurance to have profit but at least will reduce the risk involve, so as Bitcoin nature is volatile which might result in buying high and selling low but if you really understand how it works then you can just hodl and be free .


Title: Re: The truth about bitcoin
Post by: Edward_Ray on August 30, 2018, 05:23:21 PM
This is simply common sense. People always say something and it totally should be said here. If it sounds too good to be true, it's most definitely not true. And I think this is a basic principle of life. One that must not be disregarded even in the world of cryptocurrencies. I know that some folks were introduced into the market the very wrong way. They described Bitcoin in the wrong way. Whether they said it is a quick way to make money or not, it doesn't matter. You need to face the reality now or else you'll be defrauded.


Title: Re: The truth about bitcoin
Post by: @ophiuchuss13 on August 30, 2018, 05:37:36 PM
bitcoin is the same investment as share, the only difference is that this is a new technology and a view into the future and if people panic, they just do not understand what it is, or focus their attention only on the growth and price drop, but we do not speak about today's divots, we are looking to the future.


Title: Re: The truth about bitcoin
Post by: dohh on August 31, 2018, 07:27:32 AM
bitcoin is the same investment as share, the only difference is that this is a new technology and a view into the future and if people panic, they just do not understand what it is, or focus their attention only on the growth and price drop, but we do not speak about today's divots, we are looking to the future.

No, my friend, there is A HUGE fundamental difference. Netflix is a new technology, proven to have working a product behind, having growing user base, understandable potential for growth, understandable income mechanism etc.

BTC is not a new useful technology, it is just CLAIMED to become a new technology after scalability problem is solved. Now, read this very carefully: many IT people think, that this problem CAN NOT be solved in a way, that BTC remains uncentralized and used a reasonable amount of ressources. Therefore there is no viable product behind BTC, just empty promises.


Title: Re: The truth about bitcoin
Post by: Akenosi on August 31, 2018, 03:51:14 PM
To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as "bitcoin."
The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren't printed, like dollars or euros they're produced by computers all around the world, using free software.


Title: Re: The truth about bitcoin
Post by: Mazda17 on August 31, 2018, 04:00:55 PM
Bitcoin is a digital assest or currency. It is also true that bitcoin works as a real money and help to man for success. The biggest truth is that bitcoin can make anyone rich and develop country economy. Bitcoin is constantly making progress.
Good opinion and I like your opinion.
Yes, that's what you say that Bitcoin is a digital currency that resembles paper money that always helps many people to succeed in providing for their families. So the truth is that bitcoin is the most true, it makes many people rich and able to develop their economies in many countries, even I feel bitcoin continues to progress.


Title: Re: The truth about bitcoin
Post by: edisystem on August 31, 2018, 04:05:02 PM

There is NO good, easy, risk free money, that is available for everyone.

Yep that's the truth there, some people keep thinking it's easy to earn free money with bitcoin, get rich with bitcoin and many else, but the reality is it's not that easy and you need to do something to get bitcoins. It's not free, the only free thing on bitcoin is faucet, yes easy but the amount is super small.


Title: Re: The truth about bitcoin
Post by: Bgbolahan on August 31, 2018, 04:12:26 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




I dont think bitcoin promise anything, it just provide a medium to transfer money in a decentralized way,the price is derived on how useful is it, that is all


Title: Re: The truth about bitcoin
Post by: dimbaba on August 31, 2018, 04:45:14 PM
One that must not be disregarded even in the world of cryptocurrencies. I know that some folks were introduced into the market the very wrong way. They described Bitcoin in the wrong way.You are exploring new ways to benefit from it.


Title: Re: The truth about bitcoin
Post by: sandaru on August 31, 2018, 05:16:43 PM
Truth about bitcoin is it is a marvellous digital currency which has been produced basing on the blockchain technology and it is reliable. But i cannot predict for sure the direction of the value of the bitcoin according to technical analysis because it is always not true. But i know that it has been created with a great concept and no one cannot challenge it.


Title: Re: The truth about bitcoin
Post by: dohh on September 01, 2018, 05:30:54 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.




I dont think bitcoin promise anything, it just provide a medium to transfer money in a decentralized way,the price is derived on how useful is it, that is all

A limitation with 21M coins is a promise of its scarcity.
A halvening payment for solved blockchain is a promise of payment.
Outsourcing transfer validation, to keep this process 3rd party and non-centralized same time, is a promise.


Title: Re: The truth about bitcoin
Post by: Elerntta on September 01, 2018, 07:44:10 PM
Of course earning with bitcoin is not a freebie. But it's much easier than working in a factory, or even as a school teacher, because all your work is concentrated in a computer.


Title: Re: The truth about bitcoin
Post by: raden1922 on September 01, 2018, 08:02:14 PM
if we talk about money and investment. there are definitely risks and benefits. both are interrelated and cannot be separated. not only BTC has a high level of risk, but many other things also have risks. just follow the plot.
 ::)


Title: Re: The truth about bitcoin
Post by: Lorin on September 01, 2018, 08:06:22 PM
If you want to earn money you need to work hard for it or take a risk. In bitcoin, if you want to earn a lot you need to take a risk for investing, yes it may loose your money or not but its all your decision on how you will handle your money. Learn first before you invest, because investing is not a joke .
So many says that bitcoin is a scam because of the easy money but thats not true , yes you may get a free money on bitcoin but it is a small amount if you want to earn a good profit you need to work hard for it.


Title: Re: The truth about bitcoin
Post by: malilale on September 01, 2018, 08:09:48 PM
Yes, absolutely, there will be no gain without risk. Do not make an investment that will risk your life. If you make an investment that will risk your life, this is not an investment. suicide happens.


Title: Re: The truth about bitcoin
Post by: LastRolling on September 01, 2018, 08:17:17 PM
Of course earning with bitcoin is not a freebie. But it's much easier than working in a factory, or even as a school teacher, because all your work is concentrated in a computer.
i agree with you, bitcoin is much more easier than having a job, as far as i know no one became rich working 8-10 hours a day. Bitcoin is giving all of us the opportunity to earn and also have knowledge as well.


Title: Re: The truth about bitcoin
Post by: privedvelosiped on September 01, 2018, 08:17:30 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



From your example, I would take bitcoin to the first group-heritage. I didn't find the time when bitcoin was$1 or even lower I found a legacy from descendants.... who developed it...But the fact remains, bitcoin is a risk...


Title: Re: The truth about bitcoin
Post by: Alamin9884 on September 01, 2018, 08:36:22 PM
Bitcoin is a open source project, it is also true that bitcoin worked as a reach money. Bitcoin help us to reach our dreams to become successful in the future..


Title: Re: The truth about bitcoin
Post by: Dwey on September 01, 2018, 08:37:04 PM
Yes, absolutely, there will be no gain without risk. Do not make an investment that will risk your life. If you make an investment that will risk your life, this is not an investment. suicide happens.
yup, you need to face the risk if you want to earn here in the crypto world. Even if there’s risk in investing in bitcoin there’s still a good side of it,there’s so many benefits investing in bitcoin, one of the main benefits is that there are no transaction costs and taxes involved. The transactions made, whether online or through a mobile device, cannot be traced back to the user. Obviously, since this is not a paper currency, bitcoins cannot be stolen unless someone gains an unauthorized access to your computer.


Title: Re: The truth about bitcoin
Post by: DAVETUN on September 01, 2018, 08:41:57 PM
To make it real big in life you must not be scared to take risk, else you remain at the same position and tends to regret at the long run, Bitcoin is the currency of this age and the answer to the cashless policy revolution, it worth it to invest and be part of the community, just ensure you are being strategic in order to earn.


Title: Re: The truth about bitcoin
Post by: Nanacoin on September 01, 2018, 08:49:25 PM
Bitcoin is a true and genuine way of making good money. Bitcoin is not a scam. You just need to invest at a lower risk and make your better


Title: Re: The truth about bitcoin
Post by: kemonojim on September 01, 2018, 09:24:14 PM
You are right, there is no easy way to make money in every part of the world, there are no trees that make money anywhere ... Before you make money, you have to take risks and move before that can be achieved.


Title: Re: The truth about bitcoin
Post by: WebTera on September 01, 2018, 09:28:47 PM
I would never call earning bitcoin easy money, because I have to spend a lot of time working with it, constantly improve my knowledge in this area. Therefore, it can also be called work.


Title: Re: The truth about bitcoin
Post by: bitvelk on September 01, 2018, 09:39:19 PM
The fact that bitcoin is easy money is said only by those who are not involved in earning with it. Because bitcoin is also a work. It may not be as difficult as some professions, but it requires some effort if you want to achieve a good result.


Title: Re: The truth about bitcoin
Post by: Nolimitz84 on September 02, 2018, 04:11:42 AM
No one claims that bitcoin is easy money.To start trading you need to have the money to buy a bitcon and have a solid knowledge in this area.It's not easy.I spent a lot of time to at least earn something in this industry.I also know people who have earned nothing but lost.So that nothing easy I not see.


Title: Re: The truth about bitcoin
Post by: ahamir on September 02, 2018, 04:40:47 AM
truthful about bitcoin. There is not easy, risk free money it is available for every one. I can agree of it. It is not free  and easy.Invest is bitcoin very risk..and everyone should know all risk which bitcoin connected with. all people assurmes his responsibility for a similar investment. It is web market so you have  more knowledge about this market. than you will success. Other wise you will loss.


Title: Re: The truth about bitcoin
Post by: shittypro on September 02, 2018, 04:48:35 AM
Bitcoin is famous right now and people they know that can earn bitcoin using trade market invest etc. some of them are lose cos they don'e even know what is the bitcoin is and all they know if can invest it will double but they don't know the crptocurrency is a lot of asset and you don't know when it up and when it's fall so hard and you must be a risk taker about this


Title: Re: The truth about bitcoin
Post by: wallstone on September 02, 2018, 04:59:48 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I agree with you. Its not easy to earn money in bitcoin, investing in bitcoin is risky so you really need enough knowledge so you can make wise decision. Dont be afraid to risk. Higher risk higher benefits.


Title: Re: The truth about bitcoin
Post by: ajaymukund on September 04, 2018, 03:25:01 PM
In the technological advancement era, I think the final money will be replaced by bitcoin, which will be available on all future transactions. So you should learn about it in advance to avoid bad cases later.  ;)


Title: Re: The truth about bitcoin
Post by: Sinancre on September 04, 2018, 03:42:02 PM
Bitcoin is a digital currency. It is also true that bitkoyn works like real money and helps a person succeed. All investments are risky, you can lose all your pension payments, which you have accumulated from work....


Title: Re: The truth about bitcoin
Post by: musharaf on September 04, 2018, 04:18:53 PM
Bitcoin is the internet based currency which is using for international trade and other transactions i love when i have bitcoin and now i am trying to mine some new bitcoin because the price is rising and i have enough things to start a good bitcoin mining setup. In these days bitcoin is good to hold.


Title: Re: The truth about bitcoin
Post by: pooja1982 on September 04, 2018, 11:17:04 PM
Bitcoin is the king of all altcoin and known as the mother currency of all cryptocurrencies. It is a digital currency which is based on block chain technology and may be used world wide. Bitcoin works as a real money and effective transaction payment system. It is a new type of cash and innovative system which is operated through network codes are used to verify the transactions.


Title: Re: The truth about bitcoin
Post by: zolfa on September 04, 2018, 11:45:21 PM
even every currency is always at risk, so, we cannot be safe from any risk.

Successful people always take that risk to achieve success, we will never be successful trading if we are afraid and never try.

so, I think that bitcoin offers many advantages but is not HYIP, Bitcoin has better trust and progress.


Title: Re: The truth about bitcoin
Post by: realdantreccia on September 04, 2018, 11:46:53 PM
The truth about Bitcoin is code.  Code is gold, code is truth.  But here the truth is always deleted so check me on twitter =P


Title: Re: The truth about bitcoin
Post by: maaydin on September 04, 2018, 11:52:32 PM
just because people hear some success stories and see the millionaires in news regarding bitcoin they invest there wishing to be like them, and wishing for easy money whereas they tend to lose what they have as wel.


Title: Re: The truth about bitcoin
Post by: adadaorlina on September 04, 2018, 11:59:00 PM
The truth about bitcoin is a marvelous digital currency which has been produced basing on the blockchain technology and it is reliable. In bitcoin, if you want to earn a lot you need to take a risk for investing, yes it may loose your money or not but its all your decision on how you will handle your money. Bitcoin help us to reach our dreams to become successful in the future.


Title: Re: The truth about bitcoin
Post by: dohh on September 05, 2018, 04:45:40 AM
The truth about bitcoin is a marvelous digital currency which has been produced basing on the blockchain technology and it is reliable. In bitcoin, if you want to earn a lot you need to take a risk for investing, yes it may loose your money or not but its all your decision on how you will handle your money. Bitcoin help us to reach our dreams to become successful in the future.

By so far, You can not earn anything organical with BTC. Only way, You can "earn" is from someone other´s behalf. And those who buy from You, can not earn anything either by any other means, than selling with more, than the bought.

What You speak about dreams is mathematically impossible for wider audience, until BTC will have a viable product/service behind it. Which in my opinion will happen NEVER.


Title: Re: The truth about bitcoin
Post by: vfrcbv911 on September 05, 2018, 05:51:58 AM


There is NO good, easy, risk free money, that is available for everyone.



I think this applies not only to bitcoin. I personally appreciate bitcoin more for its idea and technology than for the easy way to earn.


Title: Re: The truth about bitcoin
Post by: holtzmann on September 11, 2018, 12:25:37 PM
I'd say, Bitcoin isn't a scam exactly because it corresponds with this rule.


Title: Re: The truth about bitcoin
Post by: quoctien1997 on September 11, 2018, 01:00:45 PM
I agree that doing anything is risky.
Bitcoin can also help you make a lot of money but it can also hurt you lose the money you have invested.
So, when doing any work that needs to consider and learn before doing.


Title: Re: The truth about bitcoin
Post by: MTNAX on September 11, 2018, 01:15:41 PM
Maybe many have heard about the number of people who are successful by investing in bitcoin. But actually the success of investing in bitcoin starts with ourselves, we have to know and learn how to invest bitcoin properly and correctly because in investing we are faced with a high risk, so we should not just invest without knowing how to invest the right bitcoin.


Title: Re: The truth about bitcoin
Post by: hitcrypto on September 11, 2018, 04:29:45 PM
The bitcoin is the best for our life. So bitcoin price is to much low so you can buy some bitcoin for next few month hold i get more income from it. Crypto market will be down and we have to get more profitable and get income. We are participent in crypto market so we gave to work on market. Market will be down and market will be ups and down so we can properly to do this work. I trust bitcoin because few month ago the price is too much high  now price is low. So i belief bitcoin market.


Title: Re: The truth about bitcoin
Post by: Sealis on September 11, 2018, 04:54:24 PM
Just being able to see that bitcoin prices are going up and down is not enough to force yourself to invest to bitcoin. A lot of factors are involved, and most factors are resolved by people through their experiences in the market. A layman should not force himself to join the investing of bitcoin just because he heard it was profitable and an easy way to make money. Understanding the market is a lot more complicated than it looks.


Title: Re: The truth about bitcoin
Post by: Melon12 on September 11, 2018, 05:26:21 PM
The truth about bitcoin is a digital money that help many people to have batter future of there life.help many student to pay there financial problem to there school,and also help those who have no work to have income.


Title: Re: The truth about bitcoin
Post by: Austino1 on September 11, 2018, 05:28:54 PM
Bitcoin is a popular virtual
currency and part of a trend
toward currency
digitalization and
decentralization. price volatility
signals that bitcoin is not a
stable currency which
makes it a risky investment. But always be positive while taking a decision


Title: Re: The truth about bitcoin
Post by: AquaVitae on September 11, 2018, 05:35:19 PM
Boom of 2017 brought in cryptos many people, who did not understand what they were dealing with. They did not understand, how risky and volatile Btc is. The truth is, that if you don't have good nerves and long time to wait, then you should stay away from cryptos.


Title: Re: The truth about bitcoin
Post by: qwerty12 on September 11, 2018, 05:52:02 PM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Well, oddly enough, Bitcoin is hard to explain to someone who is brainwashed to think that only fiat currencies, national currencies like USD can be used for payment, trading and storing values.

Before there was a fiat, people used the commodity-based money, so everyone knew what gave it value, which is the work invested to extract this commodity. For example, gold represents the work invested to mine it.

So, that way, Bitcoin has value because it represents the work invested to make it. In particular, in the case of bitcoin, it is an effort invested in securing bitcoin transactions. Yes. Bitcoin transactions are valuable and people work to make more of them.

There is no question why money has value or not !? Why do people believe it's a good idea !?

Fiat currency = credit, promise to work or force others to work in the future. Fiat's currency is inherently unstable because only having value during the promotion of the issuing entity is still considered credible. If there is a doubt that certain countries will not be able to effectively force people to work to get currencies to pay taxes, the currency will collapse.


Title: Re: The truth about bitcoin
Post by: odessit1377 on September 11, 2018, 06:02:54 PM
I bought my first bitcoin when it was 2.5k, I took a loan, bought it and did not regret it, and sold it to him when he reached the mark 15k, after that I bought it when he was 8k. Now I'm waiting 4k. I was not persuaded by anyone to buy bitcoin, I took my decisions myself. I put all my responsibility on my shoulders. And then I continue to buy bitcoin and other tokens.


Title: Re: The truth about bitcoin
Post by: matchi2011 on September 11, 2018, 06:07:22 PM
Boom of 2017 brought in cryptos many people, who did not understand what they were dealing with. They did not understand, how risky and volatile Btc is. The truth is, that if you don't have good nerves and long time to wait, then you should stay away from cryptos.
Exactly, many people who come around only heard the benefits but not the risk, they think that its an easy way to earned and a stairways to richness,
without proper understanding they've been trick by their imaginations, this market is not easy as there's a lots of things that needed to be understood
without patience and proper attitude towards this venture it will just burned your investment.


Title: Re: The truth about bitcoin
Post by: eashikde on September 11, 2018, 06:22:29 PM
I think for all the time of ups and downs, you could have recognized bitcoin closer. This coin is certainly a leader, but for its further development it is necessary to fulfill certain conditions. We need to legalize in many countries, invite institutional investments and make more purchases and sales through this coin.


Title: Re: The truth about bitcoin
Post by: bratuha on September 11, 2018, 06:42:36 PM
I think to investing in bitcoin is a very risky idea. So i think this is difficult money


Title: Re: The truth about bitcoin
Post by: Glutius on September 11, 2018, 06:43:57 PM
I have never considered bitcoin an easy income. This can be considered only by those who have not yet personally faced with making a profit with the help of bitcoin. If you want to be successful, you need to work hard, even if it is earnings on the Internet.


Title: Re: The truth about bitcoin
Post by: Dondisimo on September 11, 2018, 07:01:18 PM
To be successful in investing in cryptocurrency, you need to study a lot of information, spend a lot of time on forums, communicate with different investors. In other words, constantly improve your knowledge about bitcoin. Therefore, this activity can not be called easy money.


Title: Re: The truth about bitcoin
Post by: drukoz2 on September 11, 2018, 07:09:04 PM
Bitcoin can greatly increase your income and thus significantly change your life. But for this you need to work hard, study a lot of information and constantly you are aware of the news. Then you will be able to secure a permanent income with the help of bitcoin.


Title: Re: The truth about bitcoin
Post by: Fatanut on September 12, 2018, 12:48:40 PM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Well, oddly enough, Bitcoin is hard to explain to someone who is brainwashed to think that only fiat currencies, national currencies like USD can be used for payment, trading and storing values.

Before there was a fiat, people used the commodity-based money, so everyone knew what gave it value, which is the work invested to extract this commodity. For example, gold represents the work invested to mine it.

So, that way, Bitcoin has value because it represents the work invested to make it. In particular, in the case of bitcoin, it is an effort invested in securing bitcoin transactions. Yes. Bitcoin transactions are valuable and people work to make more of them.

There is no question why money has value or not !? Why do people believe it's a good idea !?

Fiat currency = credit, promise to work or force others to work in the future. Fiat's currency is inherently unstable because only having value during the promotion of the issuing entity is still considered credible. If there is a doubt that certain countries will not be able to effectively force people to work to get currencies to pay taxes, the currency will collapse.

I wonder what would happen to a nation if they were well-educated about the matter instead. If everyone knew about the Nixon Shock (https://en.wikipedia.org/wiki/Nixon_shock), would we be treating fiat money the same? Fiat money is nothing but paper. The only "work" that was done to make such is just the printing itself which is, obviously, quite easy that others managed to print fake paper money themselves.

Would people be storing their wealth in the form of money? Or would it be in other (and better) form such as gold, or bitcoin? With the current situation with the inflation these days, it's even better to take a chance and risk your fiat in investing in something as volatile as bitcoin.

Boom of 2017 brought in cryptos many people, who did not understand what they were dealing with. They did not understand, how risky and volatile Btc is. The truth is, that if you don't have good nerves and long time to wait, then you should stay away from cryptos.
The feedback that they have received are from the people who are in this market before the pump. That means those are the people that were able to ride that massive pump and made some fortune from it. Apparently, others thought that they are going to be experiencing the same thing when in reality, it only happens once in a while. Now that we're down from the peak, the newcomers are panicking as this is not what they thought things would turn out. They are all thinking that the person introduced bitcoin to them is making money while they aren't. We'd be lucky to experience another massive pump soon although there's no sign of that happening at all especially now that crypto's image (in general) is going down because of the surge in scam ICOs.


Title: Re: The truth about bitcoin
Post by: ellorinjeff on September 12, 2018, 02:57:54 PM
The truth behind bitcoin is that it is a digital currency that Satoshi Nakomoto created and was introduced to the world market wayback 2009.If you are creative enough and willing to learn about it, it can be your source of income and it can make you wealthy.


Title: Re: The truth about bitcoin
Post by: tungaqhd on September 12, 2018, 03:14:32 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



nobody give you anything for free. so be careful if someone give you a good offer like double your money,...


Title: Re: The truth about bitcoin
Post by: xbiv2 on September 12, 2018, 03:18:12 PM
Quote
The truth about bitcoin
https://pastebin.com/ZUxTmR99


Title: Re: The truth about bitcoin
Post by: LigwagGanern on September 12, 2018, 03:25:08 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.












The truth about bitcoin is it is paying crypto currency. Before you enter the world of crypto make sure that you have a lot of information about this, therefore you will know what will do and how to earn bitcoin or money using this. Bitcoin is very risky because its price is temporary, but if you really want to try it. Always think wisely and you will earn more money.


Title: Re: The truth about bitcoin
Post by: BitcoinPanther on September 12, 2018, 04:37:09 PM

There is NO good, easy, risk free money, that is available for everyone.

I think this applies not only to bitcoin. I personally appreciate bitcoin more for its idea and technology than for the easy way to earn.

And i'm with you on that vfrcbv911.  My appreciation of bitcoin is not only limited with its profitable potentials, but with the strong ideologies it is packed with. The permission-less aspect. The Pseudonymity. It's purposeful GDP design and coin supply ceiling. The halvings and epochs. All these are financial marvel that brings back financial prowess to users.

Truly, more than earning, bitcoin gave us so much more to be thankful for.


Title: Re: The truth about bitcoin
Post by: Jyominall on September 12, 2018, 07:48:47 PM
Okay, but who claims, that investing in bitcoin it's good and easy money with no risks? Conversely everyone are warn of possible risks when investing. So, it's only smart strategy can to determine the level of incomes


Title: Re: The truth about bitcoin
Post by: Bannednehlahmos on September 12, 2018, 08:02:34 PM
Many people talk about the nature of Bitcoin rather than the truth. They consider more about value than the increase or decrease. The risk that Bitcoin brings as soap bubbles, investors always look at the value and profit of Bitcoin.



I think people are panicking now because the price continues to decline without special reason. Don't focus on prices, focus on technology.
It's not just about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even want to read about them.


Title: Re: The truth about bitcoin
Post by: kemonojim on September 12, 2018, 08:10:01 PM
You are right, there is no easy way to make money in every part of the world, there are no trees that make money anywhere ... Before you make money, you have to take risks and move before that can be achieved.


Title: Re: The truth about bitcoin
Post by: max fray on September 12, 2018, 08:19:25 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

Summarizing what you have stated above:
1. Taking care of your parents\grandparents would mostly give you good and risk free money only if you have good relations with them. Moreover, in this case you would be like 50-60 years old- so is it really worth waiting for so long?
2. Starting your own business is a good idea but have you ever thought about related expenses? In the EU one has to pay up to 50% of their profit for taxes..
3. Salary is OK, but it can be unchangeable for years even despite all your efforts put for the prosperity of the company.

These are actually the reasons why people still follow false promises. Personally I am very much disappointed with the increasing number of scams that really disguise the whole idea of bitcoin and blockchain.


Title: Re: The truth about bitcoin
Post by: BitcoinPanther on September 13, 2018, 01:04:42 AM
Okay, but who claims, that investing in bitcoin it's good and easy money with no risks? Conversely everyone are warn of possible risks when investing. So, it's only smart strategy can to determine the level of incomes

I think that is the OP's driving point, scammers lead people to think that bitcoin is an investment of easy money. The OP is trying to explain how the risks has been dubiously concealed so that many others will be convinced to invest or significantly contribute.

And from there, people becomes too lax, not exerting crucial efforts to understand what they are getting themselves into. Sad, but it is a reality that people are easily blinded by the promise of good profit with minimal efforts.


Title: Re: The truth about bitcoin
Post by: dimbaba on September 13, 2018, 11:36:34 AM
They did not understand, how risky and volatile Btc.But for this you need to work hard, study a lot of information and constantly you are aware of the news.


Title: Re: The truth about bitcoin
Post by: tracy2233 on September 13, 2018, 12:24:07 PM
High risk is equal to high profit which inturn is equal to btc earning. Somewhere it is a game of fate as well. If u are lucky enough than its a boon and if not then other half is more like a tragedy.


Title: Re: The truth about bitcoin
Post by: rodriguezharris083 on September 13, 2018, 12:54:29 PM
Bitcoin comes from coin and bit and is an online payment system that started as open-source software. It is a new type of cash and an innovative system and also Bitcoin is very risky because its price is temporary, but if you really want to try it. Always think wisely and you will earn more money.


Title: Re: The truth about bitcoin
Post by: Marlo0619 on September 13, 2018, 02:43:37 PM
The truth about bitcoin is that, it is not stable at all. The price goes down and goes up every year. So if you want to buy bitcoins, then wait for the perfect moment which is when the price is low, then wait again for the perfect moment when the price becomes high again.


Title: Re: The truth about bitcoin
Post by: gesdan on September 13, 2018, 02:50:24 PM
yes i agree with your statement that there are no good money and doesn't have a risk, every activity and currency have the risk and if you want to gorw up in that things you need to take that risk, so if you want to grow up believe in yourself and take that risk


Title: Re: The truth about bitcoin
Post by: CryptocitySL on September 13, 2018, 10:19:00 PM
This is a very good coin. It is also very high in value. This coin will make a big difference in the status of your coin. Make the most of your name in the bitcoin. Because it is trustworthy and high. It is also a perfect coin. You can invest without fear. This coin is used by people in the world today. This is a way of exchanging. Bitcoin's decline will change in the future. Everyone gets bitcoin to be a great success.


Title: Re: The truth about bitcoin
Post by: Ains_sama on September 13, 2018, 11:23:44 PM
because there is still little about those who fully understand bitcoin. all activities that produce are always at risk, the greater the risk, the greater the profit. but between scammer, ponzi and bitcoin is different. Bitcoin will generate profits according to your ability, while ponzi. You just sit and bet with your money without doing anything. and too many ponzi systems that use bitcoin. so bitcoin looks bad. wake up good opinion about bitcoin is good. introduce bitcoin with its basic understanding. will make someone have positive thoughts about bitcoin.


Title: Re: The truth about bitcoin
Post by: FedorIzmailov on September 13, 2018, 11:27:40 PM
I completely agree with the author that the bitcoin will not earn all but still it can be very well earned on it and this activity is not exactly a fraud :)


Title: Re: The truth about bitcoin
Post by: silentgenius on September 14, 2018, 01:01:40 AM
Everyone is bullish of a stock they hold because if the price goes up they make money. Right now everyone holds BTC — or at least the vast majority of people in main street. Nevertheless, just because a lot of people want the price to go up doesn’t mean that the price is bound to do so. Too often, it does just the opposite. Nevertheless, the reason why I don’t hold bitcoin legacy has nothing to do with going against the crowd. It is a business decision based on risk. With bitcoin legacy such risk stems from one simple fact that no bitcoin legacy holder on earth can refute.


Title: Re: The truth about bitcoin
Post by: XiXiMios on September 14, 2018, 08:42:47 AM
It has a potential to recovered again so that we are worry because it is on low price but we also know that it will rise again in aan unpredictable life  thier are too many bounty campaigns that is not successfull and had an scammed...in also experience  to be scammed. But since then thier are more bounty treads that can oay back at a time .


Title: Re: The truth about bitcoin
Post by: fipper on September 14, 2018, 09:12:09 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



for now, bitcoin does not fully show the truth because bitcoin is still said to be good by investors themselves


Title: Re: The truth about bitcoin
Post by: mcabrito on September 14, 2018, 09:34:17 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



for now, bitcoin does not fully show the truth because bitcoin is still said to be good by investors themselves

they telling it as good because they are good in earning it, it's a skilled that if we can be able to have then we can also be good on earning huge profit using bitcoin.


Title: Re: The truth about bitcoin
Post by: Biet12 on September 14, 2018, 09:39:24 AM
rightly so,
but it's not just bitcoin but other assets too, what's more when investing without a goal and learning first, will make it easier for others to cheat ...
about the truth of bitcoin is true and other assets but all of that goes back to ourselves .


Title: Re: The truth about bitcoin
Post by: dohh on September 14, 2018, 11:35:09 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



for now, bitcoin does not fully show the truth because bitcoin is still said to be good by investors themselves

they telling it as good because they are good in earning it, it's a skilled that if we can be able to have then we can also be good on earning huge profit using bitcoin.

No, that is not true. What You can possibly earn is just a side product, when whales and p&d scheme archidects earn money. See p&d videos and You will understand, that Your earning possibilities are low and unfair. Thats what p&d is about.


Title: Re: The truth about bitcoin
Post by: Vermouth07 on September 14, 2018, 11:57:55 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Indeed! No money is free and easy to have. Btc is so risky thats why you get what you deserved when you're lucky. And yes it's not a promise, everything will be gone if you're not careful. So beware.


Title: Re: The truth about bitcoin
Post by: oceantiger on September 14, 2018, 12:07:55 PM
Bitcoin is not risk free, bitcoin is digital money for only P2P transaction according to the whitepaper. Bitcoin is not free so you must labor for it with your mental  and physical skills. Bitcoin is not scam because everything you need to do get bitcoin are laid out in bitcoin white paper. Whatever that makes bitcoin to look as if it is evil is being perpetrated by man and not bitcoin.


Title: Re: The truth about bitcoin
Post by: Blackhammer321 on September 14, 2018, 12:09:16 PM
I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.

I agree with this. Bitcoin is something that you cannot go without risk. Especially when you are joining into something, there you can see risk. Risk is everywhere and it is the truth in life, every market has its own risk and so as bitcoin, but then another fact is that bitcoin will help us in our future.


Title: Re: The truth about bitcoin
Post by: mendra_2009 on September 14, 2018, 12:17:11 PM
The truth about bitcoin is a crypto currency that has a high price and is very reliable and able to provide huge profits to investors. That's the truth about bitcoin that everyone must believe in the truth.


Title: Re: The truth about bitcoin
Post by: Getcoinsite on September 14, 2018, 12:18:51 PM
Nice post here mate,this is very informative and reliable as there i no really easy for money and if theres no risk there will be no profit,and i don’t know whats the big issue on this part since no one is forcing someone to invest here they have all the rights on what to do with their money and it was their prerogative on where to invest so for me,bitcoin is a virtual money a cryptocurrency and the future of technology


Title: Re: The truth about bitcoin
Post by: Baby Dragon on September 14, 2018, 12:21:27 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



investing in bitcoin will always be risky that is why we need to be aware because sometimes someone will take advantage on us which is the scammers. No money is easy to get or earn we must work hard to earn it. Sometimes we need to risk to make us more better and to make us wise on making some decision.


Title: Re: The truth about bitcoin
Post by: Moblie_Legend on September 14, 2018, 12:28:25 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



investing in bitcoin will always be risky that is why we need to be aware because sometimes someone will take advantage on us which is the scammers. No money is easy to get or earn we must work hard to earn it. Sometimes we need to risk to make us more better and to make us wise on making some decision.
of course mind, knowledge, intelligence are our keys to investing in order to avoid fraud. all effort must require hard work, so whatever we do we must always work hard to get a profit. like bitcoin, if you are impatient and work hard, you will get a loss, that's the risk


Title: Re: The truth about bitcoin
Post by: futureofeth on September 14, 2018, 12:35:45 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Indeed! No money is free and easy to have. Btc is so risky thats why you get what you deserved when you're lucky. And yes it's not a promise, everything will be gone if you're not careful. So beware.

Yes, we have to be very careful about securing the Bitcoin, you know Bitcoin is higher valued coin which we cannot able to regain once we loose because once the price starts increasing it is going to be very expensive for buying.


Title: Re: The truth about bitcoin
Post by: Mondilo on September 14, 2018, 12:36:04 PM
Its very important for one to know the advantages and disadvantages of what is venturing into to avoid regreting at the end. As a beginner this topic just made me understand that investment here is more risky than every other business which will make me to very consious of any decision I will make here.


Title: Re: The truth about bitcoin
Post by: hotBriX001 on September 14, 2018, 12:42:29 PM
The truth about bitcoin is a crypto currency that has a high price and is very reliable and able to provide huge profits to investors. That's the truth about bitcoin that everyone must believe in the truth.


Yes, and I truely trust bitcoin because I already witnessed with my friends that they really earn more profits by investing bitcoin wisely and patiently. Bitcoin can really helps our financial needs because it really gives huge profits if invested succeesfully. What we really need are self determination and focus to get succeesful always.


Title: Re: The truth about bitcoin
Post by: Falconmytyh123 on September 14, 2018, 12:54:52 PM
Yeah, it's true. There is no instant way, there is no invest hasn't risk. There is no money for free, we need something to do it to get pay. But if someone want to invest in bitcoin they must ready to take all risk.


Title: Re: The truth about bitcoin
Post by: fernandoclause on September 15, 2018, 12:57:25 AM
for now I still don't understand why salary money isn't too good? I only know salary money is beautiful because it is generated by working and getting a salary every month,


Title: Re: The truth about bitcoin
Post by: Fatanut on September 15, 2018, 02:53:08 PM
for now I still don't understand why salary money isn't too good? I only know salary money is beautiful because it is generated by working and getting a salary every month,
I'm assuming that by "salary money" you meant the salary that you get from day jobs since you mentioned that you get it every month. There's no fixed salary when you're earning bitcoins.

I'd like to start by mentioning that the salary in other countries aren't that bad. In Australia, people are actually good with how much they are making. They are even allowed to have time for vacations and they sure do have the money to have one. They are able to afford insurance as well so they don't worry about their house burning down or an appliance breaking down since it'll be replaced by insurance. There's health care as well. Pretty much people from that country are paid so well that they are so chill. Their life expectancy is higher than other countries.

On the other hand, there's the third world country which I'm assuming where you live. There's a reason for the low salary, and it's so that everyone will be stuck in the same loop no matter which generation you're born in. Only a few people gets past the poverty line because of this. Even after working for decades, you wouldn't be having anything good, you wouldn't be having that great health care or insurance since you're not able to afford it. After time, the mindset that you have to work very hard in order to be rich has become the mindset of most people. And that's how you build an army of workers working for the capitalists and the government and never for themselves. The only ones that aren't affected by this are those who have parents who were able to beat the system somehow and managed to become rich. If you're not part of that, you're pretty much doomed unless you work abroad, which you don't have the money anyway. So yes, a loop.

Bitcoin allows us to communicate with first world people and since we're doing the same thing with them, we get to earn quite remotely close to what they're earning.


Title: Re: The truth about bitcoin
Post by: Heruwa on September 15, 2018, 03:08:04 PM
I believe that this bitcoin exists, even though what is seen is a number, this has a value greater than the value of gold. Many people start learning about bitcoin and mining it in various ways. And the results are fantastic that makes people succeed well.


Title: Re: The truth about bitcoin
Post by: gorokill on September 15, 2018, 03:20:35 PM
Bitcoin is not just a currency, but has a dual function as an investment. because the value of the investment of Bitcoin continues to rise from year to year, making this currency rushed by many world investors and trading it in the crypto market, but Bitcoin encounters obstacles because Bitcoin can hide the identity of its owner through its anonymity, this is what he considers dangerous by some countries because Bitcoin have the potential to be used for illegal transactions.


Title: Re: The truth about bitcoin
Post by: Romeotom on September 19, 2018, 11:13:24 AM
Absolutely you are right eran money for bitcoin is not easy and also risky, Example investment can give us good profitable but it's also risky because any time platform going to scam. as like trading can be makes good profitable with the short time but it's not easy so need to good experience and knowledge then you will makes profit.so try to understand now even explain is very clear.


Title: Re: The truth about bitcoin
Post by: dohh on September 19, 2018, 11:14:35 AM
for now I still don't understand why salary money isn't too good? I only know salary money is beautiful because it is generated by working and getting a salary every month,
I'm assuming that by "salary money" you meant the salary that you get from day jobs since you mentioned that you get it every month. There's no fixed salary when you're earning bitcoins.

I'd like to start by mentioning that the salary in other countries aren't that bad. In Australia, people are actually good with how much they are making. They are even allowed to have time for vacations and they sure do have the money to have one. They are able to afford insurance as well so they don't worry about their house burning down or an appliance breaking down since it'll be replaced by insurance. There's health care as well. Pretty much people from that country are paid so well that they are so chill. Their life expectancy is higher than other countries.

On the other hand, there's the third world country which I'm assuming where you live. There's a reason for the low salary, and it's so that everyone will be stuck in the same loop no matter which generation you're born in. Only a few people gets past the poverty line because of this. Even after working for decades, you wouldn't be having anything good, you wouldn't be having that great health care or insurance since you're not able to afford it. After time, the mindset that you have to work very hard in order to be rich has become the mindset of most people. And that's how you build an army of workers working for the capitalists and the government and never for themselves. The only ones that aren't affected by this are those who have parents who were able to beat the system somehow and managed to become rich. If you're not part of that, you're pretty much doomed unless you work abroad, which you don't have the money anyway. So yes, a loop.

Bitcoin allows us to communicate with first world people and since we're doing the same thing with them, we get to earn quite remotely close to what they're earning.

Yes exactly. Salary of some people can be very good (CEOs of great companies), but that again is covered by universal monetary rule, because, that money is not available for anyone.

Salary for factory worker (lets just name it so, but I mean here any job, whehe anyone can apply any time) is not particularly good in any country.


Title: Re: The truth about bitcoin
Post by: Mandarava on September 19, 2018, 11:33:56 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Yes, you're right, bitcoin is not what we want to show him. There was no Satoshi, all this is an ordinary legend in order to make it more convenient and easier to create a new world order based on digital currencies.


Title: Re: The truth about bitcoin
Post by: kaena555 on September 19, 2018, 11:36:55 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The whole truth lies in it itself, the coin itself is not very mysterious, and the very essence can be seen immediately, so it is so easy and quickly climbed the stairs of development.


Title: Re: The truth about bitcoin
Post by: cyriljundos on September 19, 2018, 12:33:10 PM
for me the truth about bitcoin is a digital currency that's almost known in the whole world that it's easy to get here and easy to get rich


Title: Re: The truth about bitcoin
Post by: Geemy on September 19, 2018, 03:32:19 PM
Yes if there is a rise in price becomes more trust


Title: Re: The truth about bitcoin
Post by: bitterdog on September 19, 2018, 05:11:11 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Bitcoin is not wrong, we are the one that mistaken it. Many people think that bitcoin is already good, easy, and has no risk, that is totally wrong mindset. Although bitcoin is the new system and can change our pradigm on financial system, bitcoin also has some weakness that makes us must be very carefull while invest in bitcoin.


Title: Re: The truth about bitcoin
Post by: calandra78 on September 19, 2018, 05:19:25 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Bitcoin is not wrong, we are the one that mistaken it. Many people think that bitcoin is already good, easy, and has no risk, that is totally wrong mindset. Although bitcoin is the new system and can change our pradigm on financial system, bitcoin also has some weakness that makes us must be very carefull while invest in bitcoin.
you're right, what's wrong is not bitcoin, but how we use it. bitcoin is profitable, it can make us happy when we make a profit. but bitcoin besides the very expensive price, it is also very risky. many people become ruga because they believe in bitcoin that bitcoin is not risky. be a fatal mistake


Title: Re: The truth about bitcoin
Post by: akram143 on September 19, 2018, 05:25:16 PM
Yes if there is a rise in price becomes more trust


When you are picking a currency that have definitely some problems to face for us if you face them in easiest way then you will be the man to get involved and their ability to take profit from Bitcoin that's why many people choose this kind of ways to earn money in quick and easy way I also trust this way a lot.


Title: Re: The truth about bitcoin
Post by: manyu22 on September 19, 2018, 05:32:59 PM
virtual currency is digital money issued in addition to monetary authority obtained by mining. Among others are Bitcoin, BlackCoin, Dash, Degecoin, Litecoin, Namecoin, Nxt, Peercoin, Primecoin, Ripple, and Ven. In the context of payment systems, bitcoin is not a legitimate payment instrument


Title: Re: The truth about bitcoin
Post by: bratuha on September 19, 2018, 06:01:24 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Bitcoin is not wrong, we are the one that mistaken it. Many people think that bitcoin is already good, easy, and has no risk, that is totally wrong mindset. Although bitcoin is the new system and can change our pradigm on financial system, bitcoin also has some weakness that makes us must be very carefull while invest in bitcoin.
Our present money have a weakness the same. But i think the bitcoin has less a weakness


Title: Re: The truth about bitcoin
Post by: Geemy on September 20, 2018, 04:15:38 PM
It 's better to leave this field because it' s not trustworthy than many false news


Title: Re: The truth about bitcoin
Post by: Mandarava on September 20, 2018, 04:51:01 PM
Bitcoin is a unique way to earn a lot of money for someone who understands everything about how he is run and who does it. For the rest of the people - bitcoin is something that will soon make them poor and sick than rich and happy.


Title: Re: The truth about bitcoin
Post by: adefirman98 on September 20, 2018, 04:55:34 PM
If you follow the trend of Bitcoin or other popular crypto currencies, then it is clear how value fluctuations occur very wildly, unpredictably. At one time the price could go down, at other times the price would increase dramatically. Crypto currency investors try to exploit this value fluctuation in the hope of gaining profit when making less nominal purchases. Unfortunately for popular crypto currencies the value is already very high, so for investment requires a lot of carefulness.
It is recommended for early investors to start from small value and buy crypto currencies that have good credibility. Monitoring the price and development of the crypto currency market must also be the daily food of investors. This at the same time brings investors to understand the targets that must be determined, for example targeting the value of the investment at a certain point, to be further withdrawn or increase capital by purchasing new assets.


Title: Re: The truth about bitcoin
Post by: SventraPapere on September 20, 2018, 05:23:41 PM
That's right.....On this place in more details.I was most afraid that bitcoin could be another pyramid for pumping money from a huge mass of people.I hope that's not true!Since already involved a lot of resources, time and effort.The idea is that cryptocurrency should be the future of the human economy, not the other way around.Any technology can be used to the detriment and benefit.It depends on whose hands she's in.When we started working with Bitcoin, we were immediately told that this is a big risk and no one promised easy money.And how did you get this opinion?


Title: Re: The truth about bitcoin
Post by: eashikde on September 20, 2018, 07:09:37 PM
The truth about bitcoin is that in a short space of time it has become the most expensive coin. But I think that to continue to grow bitcoin, he needs to cooperate with the governments of the countries and legalize. Institutional investment and increase in bitcoin payment for goods and services will strengthen it.


Title: Re: The truth about bitcoin
Post by: kemonojim on September 20, 2018, 07:38:44 PM
It's not just about Bitcoin but also about many different assets. Today people tend to buy Bitcoin even though they don't understand the technology in it or they don't even want to learn Bitcoin before they start investing.


Title: Re: The truth about bitcoin
Post by: Kovanyy89 on September 20, 2018, 07:44:11 PM
The rules you've listed are right but we need to know exactly what BTC is to us. Because to me BTC isn't easy and available for everyone. So I think it's debatable if we can apply these rules to BTC.


Title: Re: The truth about bitcoin
Post by: Marcsymon on September 20, 2018, 10:26:53 PM
It's not just about Bitcoin but also about many different assets. Today people tend to buy Bitcoin even though they don't understand the technology in it or they don't even want to learn Bitcoin before they start investing.


Actually people only wanting to earn money even though they did not know how to get investing in it. Like investing bitcoin without any know how are the big risk for us to get lost and make us upset about it. Because the truth of bitcoin is within the capability of investors who are succeesfully invested with it with their enough knowledge and ability to do it.


Title: Re: The truth about bitcoin
Post by: Timmzzy on September 20, 2018, 10:46:22 PM
When I came to love Cryptocurrency, I never knew I will come this far at first the name was funny to me and which I want to learn it with all possible best in me, secondly I got motivated through a buddy of mine which never got to put me through at the very beginning i was negelected. Which I never gave up and I stood to my stand and I gave in all my best to learn it will all researchs, videos I watched and took the practical my self. So I think bitcoin is here to stay.


Title: Re: The truth about bitcoin
Post by: anggada18 on September 20, 2018, 10:56:49 PM
very feasible if long term and from money that you no longer use for your needs. no good money? yep, I agree. I see it as a function of money, it makes you easy but it will be difficult if you don't have it. risk you accept yourself and you know the scale yourself. btc is not easy, it's just that we need to know many who use the name bitcoin as fraud.


Title: Re: The truth about bitcoin
Post by: Astvile on September 20, 2018, 11:00:00 PM
I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.
Actually there are some free sites that you can earn bitcoins with but it has high risk of not paying off but sometimes they do payoff.Investing on bitcoin would be less risky if you yourself will have enough knowledge before going in and investing money.


Title: Re: The truth about bitcoin
Post by: terbetet on September 20, 2018, 11:30:15 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Yes, you're right, bitcoin is not what we want to show him. There was no Satoshi, all this is an ordinary legend in order to make it more convenient and easier to create a new world order based on digital currencies.
Exactly, investing in bitcoin is not easy, theres a high risk wating for that you need to take. Another thing is the price of bitcoin really unstable and unpredictable, so make sure that before you make a decision, observe first the market, for you to have no regretted for.


Title: Re: The truth about bitcoin
Post by: ganjasmokingg on September 20, 2018, 11:46:51 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



nvesting is never easy, you can not just leave the money and make a profit. You have to really know about it investing in the right time, doing everything to make your investment profitable and it really takes patience because it's not easy at all so think about it. before investing


Title: Re: The truth about bitcoin
Post by: magmar on September 20, 2018, 11:51:28 PM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion? You seem to have made a straw man (https://en.wikipedia.org/wiki/Straw_man) to attack.

The truth about bitcoin is that it is very profitable and it helps and gives much better benefits than any other jobs in the world. But even it is profitable it will really take a long time before we can make a huge income with bitcoin.


Title: Re: The truth about bitcoin
Post by: iconternal on September 20, 2018, 11:52:35 PM
it is absolutely true what you say that investing all have risks, and I think the risk of bitcoin is not too big if we are patient to wait until prices rise


Title: Re: The truth about bitcoin
Post by: newmillennialkingdom on September 20, 2018, 11:56:12 PM
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion? You seem to have made a straw man (https://en.wikipedia.org/wiki/Straw_man) to attack.

The truth about bitcoin is that it is very profitable and it helps and gives much better benefits than any other jobs in the world.
there was a movie and documentary on the truth about bitcoin.

theres a movie and documentary on the truth about bitcoin

when the price goes up there are no sad faces besides the press


Title: Re: The truth about bitcoin
Post by: nealdlover on September 20, 2018, 11:59:15 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think any investment is not easy, especially hunger for btc, it is even more difficult because the risk of something new is very high so you can not just spend money Then the profits you have to do more than that sometimes even a loss then can succeed


Title: Re: The truth about bitcoin
Post by: bitcoindusts on September 21, 2018, 12:02:20 AM
for me the truth about bitcoin is a digital currency that's almost known in the whole world that it's easy to get here and easy to get rich


Not wanting to break your confidence. But to say that it is easy to get rich with bitcoin is clearly a misunderstood concept. There is no quick way to get rich, it entails a lot of analysis, market watch and trend study. It will be difficult to bank on the erratic price movement of bitcoin simply. Especially nowadays that many took interest in cryptocurrency.


Title: Re: The truth about bitcoin
Post by: Nanda Dewi277 on September 21, 2018, 03:48:26 AM
for me the truth about bitcoin is a digital currency that's almost known in the whole world that it's easy to get here and easy to get rich

must be understood the risk in bitcoin is the value of bitcoin that can move up and down. getting rich with bitcoin is not easy, it takes hard work and never gives up to make a profit. must be smart in dealing with market value movements and don't act panic.


Title: Re: The truth about bitcoin
Post by: hungsanh2512 on September 21, 2018, 03:56:11 AM
Cryptocurrency in the future is considered an attractive investment channel for investors of large and small. The fluctuation of Bitcoin has made the world famous investors pay attention.


Title: Re: The truth about bitcoin
Post by: Argoo on September 21, 2018, 04:09:24 AM
Everyone should understand that the crypto currency is very risky for investment. Here, as in any business, knowledge and a sober calculation are needed. Everyone who bought bitcoin in November-December of last year suffered heavy losses if they sold them, and if they did not sell them yet, their funds will be diverted for a long time until bitcoin reaches a again acceptable price.


Title: Re: The truth about bitcoin
Post by: Anies_Sandi on September 21, 2018, 05:02:05 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
in my opinion, many investors who start investing with crypto currencies without knowing all the risks and thinking of going rich in an instant in their investment


Title: Re: The truth about bitcoin
Post by: bxipp on September 21, 2018, 05:05:51 AM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
in my opinion, many investors who start investing with crypto currencies without knowing all the risks and thinking of going rich in an instant in their investment
Too many peoples aim for a fast rich scheme and lead them to a scam. Lack on information about bitcoin make them easy being scam by greed scammer. Bitcoin is a a high risk investment. Not all will be a winner.someone need to be lose. Careful before making any investment.


Title: Re: The truth about bitcoin
Post by: jeepuerit on September 21, 2018, 05:24:34 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The truth about this bitcoin is the real money used in most countries and is used in exchange for different currencies and is also used for investing in ICO's, it can also pay for various items such as equipment.


Title: Re: The truth about bitcoin
Post by: policeoo on September 21, 2018, 05:32:19 AM
People expect if they invest now it will be like last year they will make money in a couple of weeks, months, by the end of the year like in 2017. I won't happen. Bitcoin is a long-term investment, the market is very bad now and it won't recover that fast. It will take month even a year or more.


Title: Re: The truth about bitcoin
Post by: stiffbud on September 21, 2018, 04:50:27 PM
, bitcoin is the world first decentralised digital currency which means it doesn't under control of any kind of authority or government. The truth is that it is an independent currency that have profitable criteria. Another truth of bitcoin is its volatile nature. Because of this nature of it its price fluctuate time to time. Although it is a profitable asset in the case of investment but still it is risk for investment. Many factors influence its price and according to many investors bitcoin investment foundation is not strong. Another truth is it can ban anytime in any country if the government want to ban it.


Title: Re: The truth about bitcoin
Post by: insurgent on September 21, 2018, 04:52:53 PM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



This is definitely right ,bitcoin is very. You need to be fully aware of everything because you may catch some scammers and hackers. Money is not easy to get ,you need to work hard to get it. You may risk but remember that sometimes it may not lead in sweet experience.


Title: Re: The truth about bitcoin
Post by: prikitiw on September 21, 2018, 04:58:00 PM
Nowadays people tend to buy Bitcoin even though they don't understand cryptocurrency even they don't want to learn it first. And now People are panicking because the price continues to decline without special reason. Don't focus on prices, focus on technology.


Title: Re: The truth about bitcoin
Post by: kenjdebil on September 21, 2018, 05:20:03 PM
I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.

Im happy You agree. And especially I like Your idea, that everyone should be aware of all risks.

Yes I agree with you too, last time I did wrong thing or decision about investing without knowing the risks it carries.


Title: Re: The truth about bitcoin
Post by: s.mahmood on September 21, 2018, 05:55:30 PM
Now a days peoples interested to bitcoin but most of them like me don't have much knowledge about bitcoin.Yet they tend to buy bicoun.Bitcoin trade is very risky but it has some positive side like it is a promising coin and it's price is very volatile.


Title: Re: The truth about bitcoin
Post by: Dondisimo on September 21, 2018, 07:42:56 PM
Even when I did not buy bitcoin I knew that this is not the easiest kind of earnings and will work well if I want to earn something on this. But why is it still someone believes that bitcoin is a freebie. And it always surprises me.


Title: Re: The truth about bitcoin
Post by: laylava.sted on September 22, 2018, 05:21:07 AM
The real truth about Bitcoin is that we are still in the very early stages and we still have room to grow! The other thing we all have to realize is that Institutional money has yet to make a major play on the digital currency scene. Bitcoin comes from coin and bit and is an online payment system that started as open-source software. It is a new type of cash and an innovative system whereby network codes are used to verify transactions. It is used worldwide and gained in popularity since it was first introduced in 2008. You might also be interested in where these currencies come from and how to they end up being the advantageous digital tokens they become.


Title: Re: The truth about bitcoin
Post by: MD Nur Hossain on September 22, 2018, 09:19:45 AM
Bitcoin can make you rich as long as you are willing and  really working hard in aiming this. Bitcoin is a Digital Currency It can give you Highly Profit From Inveament Opportunity


Title: Re: The truth about bitcoin
Post by: lenini on September 22, 2018, 12:06:23 PM
Initially, Satoshi Nakamoto and his enthusiasts did not intend to exchange bitcoins for traditional money, they wanted to create their own alternative currency. All participants of this system became emission centers, they mining the currency and in the future this currency will be accepted by other network members as an alternative means of payment. Trust in bitcoin inside this group was created. Then more and more people believed that a computer algorithm that supports the functionality of this system can not be hacked, it is impossible to rewrite transactions at all nodes of the network. Bitcoin has gained popularity and trust. But still the ultimate motivation of the creators of bitcoin is the departure from fiat. Now most people use bitcoin not as a departure from fiat, but to sell it at a more expensive price for the same fiat. Thus, a contradiction arose between the goal of the creators of bitcoin and the goal of current investors. This gave rise to those processes that we are seeing now - volatility due to speculation. We see large holders of bitcoins manipulating the market and unwillingness of states (yet) to legally accept bitcoin. Sorry for the bad english.


Title: Re: The truth about bitcoin
Post by: Jian_Liux on September 22, 2018, 12:25:34 PM
Everything that will make a profit must have a risk of loss, as well as bitcoin. Many people have made huge profits through bitcoin and there are also some people who suffer losses through bitcoin, so there are a variety of views on bitcoin which are both positive views and negative views of people around the world. But the truth is that bitcoin is an investment that promises considerable profits, but in it there is also a risk of large losses.


Title: Re: The truth about bitcoin
Post by: Antony85 on September 22, 2018, 01:37:01 PM
It's not just about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even want to read about them. I know that some people are introduced to the market the wrong way. They describe Bitcoin in the wrong way. Do they say it is a fast way to make money or not, it doesn't matter. You have to face reality now or you will be cheated.


Title: Re: The truth about bitcoin
Post by: basici on September 22, 2018, 02:11:05 PM
you are good describe all the nuances but I advise you to invest in bitcoin right now because this technology is behind the future


Title: Re: The truth about bitcoin
Post by: seanskie18 on September 22, 2018, 02:21:27 PM
The truth about bitcoin are: it will help us to gain or get profits from investing, trading and supporting bitcoin, it will help us to be a successful person in the world, help to know more knowledge about the importance of bitcoin or cryptocurrencies in our lives and also all people will benefitted from it. That's the truth about bitcoin.


Title: Re: The truth about bitcoin
Post by: arhivol on September 22, 2018, 02:33:23 PM
I think it's better to own a bitcoin then not own any bitcoin in the crazy shit world we live in.

Look at Turkey, Iran and Venezuela.

You will never know, in what situation you will end up in or what price will bitcoin climb to.

In that sense it's worth to invest a bit in it and then just forget about it.


Title: Re: The truth about bitcoin
Post by: adpinbr on September 22, 2018, 03:14:35 PM
I suggest you investment in bitcoin and try learning it a bit more because you might miss out something that is going to be huge in the near future.


Title: Re: The truth about bitcoin
Post by: Drakula on September 22, 2018, 03:22:48 PM
I suggest you investment in bitcoin and try learning it a bit more because you might miss out something that is going to be huge in the near future.
Yeah i agree with you there. Invest in it. Work on it. Maximize profitability on it. Trust me you would never go wrong of choosing to invest. Better for risk takers.


Title: Re: The truth about bitcoin
Post by: mmo_online_1981 on September 22, 2018, 03:37:40 PM
Bitcoin is of great interest, Bitcoin's core value is evaluated by the profit that can be earned when investing. May be all or nothing


Title: Re: The truth about bitcoin
Post by: Spontebob on September 22, 2018, 05:53:30 PM
It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

In both fiat and cryptocurrency, yes it is. I just said this awhile ago but I believe there’s no easy money at all. Virtual and reality may it be. Risks, challenges, loss and such will always be in the side of everything but you will earn it if you work hard for it isn’t?


Title: Re: The truth about bitcoin
Post by: Epimetheus on September 22, 2018, 08:35:56 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
The truth about bitcoin is  it is a decentralised digital currency. Because of its decentralised nature it doesn't under control of any kind of authority or government. And  it is a highly volatile currency, so another truth is it is a non  profitable cryptocurrency because of its high volatile many time investor loss their money. And bitcoin is also use as for wrong things or for criminal things. Its untraceable money transaction facility is become an asset for illegal money transfer and for some other criminal purposes like cyber crime, kidnapping, etc. Another truth is it has potential to lead the future economy market.


Title: Re: The truth about bitcoin
Post by: yanesna3 on September 23, 2018, 05:54:01 PM
Cryptocurrency in the future is considered an attractive investment channel for investors of large and small. The fluctuation of Bitcoin has made the world famous investors pay attention.

Bitcoin volatility lets us earn the money. The most skillful traders can make millions on it. I am happy that several years ago I took a decision to buy BTC and hold them.


Title: Re: The truth about bitcoin
Post by: cosmoo on September 23, 2018, 05:56:31 PM
Some people who know nothing about Bitcoin and cryptocurrency thinking that Bitcoin is easy money. Than they are investing in it, when it's 18k$.


Title: Re: The truth about bitcoin
Post by: dohh on September 23, 2018, 05:56:55 PM
Cryptocurrency in the future is considered an attractive investment channel for investors of large and small. The fluctuation of Bitcoin has made the world famous investors pay attention.

Bitcoin volatility lets us earn the money. The most skillful traders can make millions on it. I am happy that several years ago I took a decision to buy BTC and hold them.

This is essentially money, someone else loses.


Title: Re: The truth about bitcoin
Post by: Btcmaeng18 on September 26, 2018, 12:32:09 PM
Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Yes I agree with you. Bitcoin is very helpful. It is really true that bitcoin can make you rich as long as you are willing and  really working hard in aiming this.


Title: Re: The truth about bitcoin
Post by: Haroldsilve on September 29, 2018, 01:37:52 PM
Why is someone believing that bitcoin is a freebie? The real truth about Bitcoin is that we are still in a very early stage and we still have room to grow! Bitcoin comes from coins and bits and is an online payment system that starts as open source software. It is used all over the world and became popular since it was first introduced in 2008. Bitcoin can make you rich as long as you are willing and really working hard in targeting. This. It can give you high profits from Inveament opportunities. All participants in this system become the emission center, they exploit the currency and in the future this currency will be accepted by other network members as an alternative means of payment. Then more and more people believe that a computer algorithm supporting the function of this system can not be attacked, can not rewrite the transaction at all nodes of the network. But still the last motive of bitcoin creators is the departure from the fiat. Thus, a contradiction arises between the goals of bitcoin makers and the goals of current investors. We see large bitcoin holders manipulate the market and the unwillingness of states (yet) to accept bitcoin legally.


Title: Re: The truth about bitcoin
Post by: NorihiroName on September 29, 2018, 05:12:31 PM
Of course it is not free, maybe it've been so in the very beginning (when it was like 20 cents per BTC) but not now, you have to contribute a lot of effort to earn something here.


Title: Re: The truth about bitcoin
Post by: ABIR HASAN on September 29, 2018, 06:38:22 PM
I am a true believer in Bitcoin as store of value/digital gold.It is high price. There are many people follow the bitcoin.


Title: Re: The truth about bitcoin
Post by: Brama Jasa on September 29, 2018, 08:43:50 PM
Everything that will make a profit must have a risk of loss, as well as bitcoin. Many people have made huge profits through bitcoin and there are also some people who suffer losses through bitcoin, so there are a variety of views on bitcoin which are both positive views and negative views of people around the world. But the truth is that bitcoin is an investment that promises considerable profits, but in it there is also a risk of large losses.

people who have benefited from the existence of bitcoin are smart people and not only think of profits, and people who experience losses are people who don't know what they are and just want to get short profits without knowing what crypto is and the risk if they invest long term and short term , you are right there is no work that makes money without the risk of loss, especially in a large business in the world of cryptocurrency you can get rich instantly and you can become poor instantly all depends on the person who controls it