Today "YES bank" shares price are down -30%. Does this happen with banks ??
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Nakamato Satoshi
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Mastercard maintains 99.999 % availability and can process 3.4 billion transactions per day at 38,000+ transactions per second, with an average response time of 140 milliseconds…. Visa is at 24,000 TPS https://www.quora.com/TPS = Transactions Per Second. While bitcoin have blocks each 10 minutes with 2500 transactions aprox, that give us an averange of 4 TPS.
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$400 billion business deals between Russia and China in 2014 and $350 billion business deals between Saudi Arabia and USA were done by bank-wire transfers [digital payments]. Gold maybe involved.
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Bitcoin has a future as digital asset/investments and digital currency which will be regulated just like other assets and investments
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everything can happen right now.we need to prepare if anything going bad. stay tune.
Some $40,000,000,000,000 is invested in Gold worldwide. As they say "money is a measure of success"
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Gold is a relatively safe investment but the profit it brings is not as high as Bitcoin. We must take risks to get rich. that is the rule. No investment will be profitable without risk. Each person has his or her own way of thinking.
20% profit per year for 7 years = 140% profit [that is Gold] $400 to $4000 and back to $800 in 5 years = 100% profit [that is bitcoin]
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anonymity will help hackers, scammers, criminals and terrorists also. If bitcoin helps tax evasion, bitcoin will get banned worldwide.
the owner of bitconnect.com got arrested in India for $13 billion ponzi scheme using bitcoins. So Bitcoin transactions are not anonymous.
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I can't say that it's most dangerous website, but there are abusers Manhunt intensifies for ‘survivalist’ who threatened to ‘put a bullet in Trump’s head’ “Keep it up Morganelli, I promise I’ll put a bullet in your head as soon as I put one in the head of President Donald J. Trump,” the fugitive wrote on Facebook back in June, as cited by The New York Times, making criminal threats against the district attorney of Northampton County and the US president – and triggering a major manhunt in the process. The so-called ‘Bush Crafter’ also threatened to use “full lethal force on any law enforcement officer that tries to detain me.” https://www.rt.com/usa
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Bitcoin anonymity is for hackers, scammers and criminals, terrorists also. They will run away after the crime.
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It's funny that you mention HSBC in this "cartel". I mean, that's more of a money laundering business than a bank. But hey, that was in like in what, 2011? What you're trying to tell people is sooo unrealistic. By that logic people could buy more valuable things than gold, make recession come to an end, and Bing bang boom: the world's an awesome place to live in. Stop trolling people unnecessarily.
Putin warns of financial crisis the world ‘has not yet seen’The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work. The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday. “The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule,” he said. “The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation,” he said. https://www.rt.com/business
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The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work. The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday. “The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule,” he said. “The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation,” he said. https://www.rt.com/business
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Former FBI Director James Comey was on the board of directors of HSBC and during the same period of time, HSBC committed fraud/money laundering of $100 billion.
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Right, I agree with your gold and silver are safer and provide greater profits than deposits. the longer the money is saved the more the value decreases due to inflation. and fiat money is influenced by the instability of the dollar. so saving money in gold and silver is more profitable and safe.
Some $40,000,000,000,000 is invested in gold worldwide. As they say "money is measure of success"
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This is just estimated number from World Health Organization, real number is another, much less. Up to 138 000 people are killed each year.
There is a TV program about snake catchers in South Africa who catch snakes when they come near people and release them into the forests. Video: https://www.youtube.com
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Deleted all my 3 facebook accounts.
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I think bitcoin will survive because as the society become cash less the people prefer more bitcoin because it is also a cashless money which is use by people so that they can do shopping.
Looks like Bitcoin has a future more as a digital asset and less as digital currency.
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if it's an option buying gold is the best way. I think we can see what if gold will continue to be one of the safest and most stable assets. maybe it's one strategy to avoid losing a large amount of money
financial experts say -30% fall in stock markets
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