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I believe, that these events like pizza, poker tournaments and other unmentioned things in their time had their share for BTC popularity. BTC value is based on how much people willing to pay for it. These stories about 80 million dollar pizza just made the BTC more popular
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For $651~ you could of got yourself a shiny whole bitcoin on coinbase plus their $6.66 fee. I wouldnt of mind paying this fee on top regardless. Even if they were asking 10% of the purchase amount at the time which is probably more by now. I remember refusing to buy 10BTC for 20 Litas (5,79 EUR) in 2010....
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Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.
Fiat money is a bubble for a long time. If we go way back, there were no money, just trading one goods for other, but it was very inconvenient, for example, if you need wheat but you have meat and milk and the owner doesn't need that, he needs salt, so you need to trade goods to salt first and etc. Later everyone agreed to use some Ishango bone as a currency, later gold and precious metals were used instead. Currency was backed up on something. Right now, money are being printed right out of thin air and isn't backed up on anything (earlier yes, Dollars were based on gold and you could buy gold with one dollar anytime), central banks are controlling inflation and the value of money is the global acceptance, but they're just paper and bites recorded in some server right now. Federal National Reserve can print as much money as they wish. BTC is the other story, because it isn't backed by anything, just the belief of people, but no one can copy, create or fake them, that's what makes crypto so special. I would rather choose currency which isn't controlled by anyone (with huge risk for it's price to fall) than government printed money.
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I believe that crypto banks is a good idea. Fast. Global. Low fees. But right now, it lacks security. People need to know more how to save their assets from hackers, scammers and others
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There might be many more rich persons in the world other than these but it depends upon whom you call a rich person. For me having only money, dollars, gold or bitcoins does not make a person rich. For me a person is rich if he is healthy, do not have major problems and sufficient source of income to run his life.
Agree with you. Money is not everything in this world. You can be as rich as you want, but you can not buy true friends/family with it. Thats is what makes people rich in my eyes. Are you serious? Happiness and friends will not bring food on your table or an expensive house, jewelry to your wife and other exclusive stuff. Contacts maybe, but not pure feelings I believe that saying "Money can't buy you happiness" is made by rich folks so that poor ones wouldn't start rioting.
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In my opinion, blockchain will be used almost in every company and everyday use. You can store data, contacts, clients, info and etc. to a blockchain. It is safe, secure and has many ways to use, so I think that blockchain is invention of a decade.
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In Norway, little by little people are using el. banking to pay for goods and services. Soon they are going to be the first country to use only el. banking money. All is transparent, no anonymity. But is an all transparent ecosystem good? In sort of - yes, but would you like it when you know that someone has access to all your funds? And more, if all the money was controlled by one or few banks, doesn't that mean that they control the world? If you don't agree to something they would be able to simply disconnect you and that would be it, you would have nowhere to go. Crypto is the other story, but as you mentioned it lacks transparency, you can pay for illegal things more easily. I believe, that we need some anonymity. Not much, but just to keep some control in our own hands. Just in case.
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Jeigu esi neprofesionalas treideris, tai geriausia stradegija yra nusipirkti ir laikyti keletą metų. Bitcoiną sunku prognozuoti, ypač kai jis pradeda kilti. Sveiki gyvi Ką manot apie dabartinį augimą? ar verta laukti kad artimiausiu metų dar paaugs? Turiu nedaug, galvoju dabar parduoti ar palaukti dar šiek tiek. Sveiki man irgi būtų idomu paklausyti kitų nuomones, aš tai asmeniškai planuoju dar kažkiek palaukti, arba dalį išsigryninti, o su kita laukt. Bitkoinai yra defliacinė valiuta. Su laiku jų vertė TIK kils. Žinoma, bus kritimų, kilimų, bet ilgame laikotarpyje, nenustebčiau, jei kaina pasiektų ir 30-50 tkst. dolerių. Jeigu turi nedidelį kiekį, gali juo prekiaut, taip didinant savo piniginės turimų BTC kiekį, jei turi daug, tai tiesiog laikyk kokius 80-90%, o su kitais prekiauk .
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Malonu, jog Lietuvių bendruomenė auga . Prisidėsiu iš aš
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First of all, I think I would start from hearing from my friends and contacts that crypto is a good way to make profit. Then I would start to Google it for myself, Youtube it and read some forums. Little by little I would buy some BTC in an exchange and wait for its price to soar. Till then, google more
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
Personally, I look for an exchange which has: 1. Liquidity 2. Tech support 24/7 3. Mobile App 4. An interface to my taste 5. The one which supports a lot of AltCoins
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If you want to make a long-time investment, I suggest you to choose TOP15 coins from CoinMarketCap. These ones are time proven. ICO coins are too risky.
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If we're talking about war, plague or this kind of disaster, definitely crypto prices would fall, because it is not backed by anything, just the belief of others and willingness to pay for the amount. When hyperinflation strikes, money looses value and natural trades takes place. I believe that crypto then will be worth the same as the "Monopoly"'s money is super market right now. Crypto is good when electricity, computers and internet works. If some event disrupts one of these, whole crypto thing will suffer greatly.
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I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.
I've heard the following people may actually be trillionaires:
Putin Oil Saudis Rothschild family
Totally agree with you. https://www.youtube.com/watch?v=Vv8pcs0C8bwThis may be simple video, but it can show a lot of other people.
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Are you advertising the investors?
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Interesting. You found a good green spot in well developed IT country. I heard that Lithuania's internet is somewhere in the TOP 5 in the world. By the way, the Tesla tower. Is it really in your plans ?
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Good topic. In my opinion the government CAN'T buy all BTC. First off, it is practically impossible to buy them all, some people are storing them in cold wallets, some have even forgotten logins and others just won't agree to sell them. Further more there are a lot of miners, they are being rewarded BTC after each mined block. It simply would be too difficult, time consuming and expensive to invest into such project. Moreover, other crypto currency would simply take Bitcoin's place because crypto currency's price is made of how much people are willing to pay for it and they want decentralised currency with no one controlling it.
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Hello Just wanted to ask your opinion about one platform I am thinking about. It is called ASM brain. So far as I've seen it has a lot to offer. Or should I choose another one? I am new to this and my friend recommended it. Thank you for your time
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