the past is telling us what it will happen in the future. there few very good (at that moment) e-currencies like e-gold or liberty reserve. they are down now... bitcoin is just another one. it's trendy and nothing more. if you are honest with yourself, you will see that it has nothing better than any other e-currency but contrary. it has many bad things like a huge time for confirmation. there will not be a mass adoption for Bitcoin because it's fluctuating without any sense. the big exchangers and the miners are manipulating the market as they want. the shit with demand and offer is just for kids or brainwashed people  BTC is an opportunity to make quick money and then go out. tl;dr: Bitcoin is a speculative asset therefore it shouldn't reach its potentials. Take a look at other markets. Apple is trendy and nothing more. It's not offering something better than other smartphones. Smartphones have almost the same specifications but Apple costs much more. Mass adoption will occur at the most trendy cryptocurrency first. And if it's still bitcoin, then bitcoin will achieve mass adoption. There's no point saying that bitcoin will go down because people that have enough bitcoins (probably the ones that bought before most people did) are manipulating the bitcoin price. The whole idea that bitcoin community is getting larger because the price is increasing cannot be confirmed but we also cannot confirm that the whole thing is nothing but a mere game to the whales. |
|
|
|
http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? For me, if you are going to teach kids about bitcoin, the age should be considered. There are many ways to introduced bitcoin to kids but the age will surely matter since kids in different ages have also different taste in learning. Kids are surely smart today, kids can easily learn and remember what they are taught but it will be based on how you teach them. Kids in ages 3-5 years old can learn or have an idea about bitcoin through videos (especially animated ones) since at this age, we cling to graphics. The next range which is 6-8 years old can be taught by solving puzzles and games related to bitcoin but I don't think that they should be allowed to play gambling. The next range which is 8 years old and above are kids who can learn about bitcoin (if they are interested) by reading about bitcoin. At this age, the introduction about bitcoin like what is bitcoin, where is it for, what can bitcoin do and etc are the fundamentals for kids to know something about bitcoin. By the way, this is just my opinion.
While those are true when learning basic education, I really doubt that it will work the same way with bitcoins. Economics is such a broad topic. Supply and demand law alone requires basic knowledge about math and economics. Most people here are suggesting that you should present a video to a kid for them to understand what bitcoin is. Can somebody be kind enough to share a link here of one video that can make a kid understand bitcoin because I really doubt that there's one like that. Educational videos for kids are about shapes, numbers, letters, and being good to other people. It's not about economics and it surely is not about bitcoins. Who the hell learn about bitcoins using puzzle and games? Like, "Okay, kids. Help Dora send her bitcoins. Connect one node to another to send a transaction"? That sounds really funny to me. 8 year old kids don't even know the basics yet. Simple 1 + 1, 2 + 2 are just the things that they know. |
|
|
|
Bump. I've been wearing DarkStar_'s Personal Message for quite some time now so I'm re-opening this thread. The avatar space is not available, though, because it's required for the signature campaign that I'm in.
Hey dude , Thank you for offering this service . I'd like to put this private message ! Need a Website/Coin ? Go Here : http://bit.ly/2ovsFB8It's only offered to Full Member and above as mentioned in the OP. Bump~ Personal Message space is still available. |
|
|
|
There were already some cryptocurrencies (very small altcoins) that "died" - that means, the blockchain doesn't grow anymore because there are no users (=users with running full nodes). Example: TGCoin.
That would be the most probable scenario for a "dead Bitcoin", too. No demand, no users, no transactions. The "why" question would not be that relevant - it could be a better cryptocurrency or - a bit sci-fi - less need to use money for everyday life, or a much better technology than cryptos (e.g. a kind of artificial intelligence which manages our needs). It would not be dramatic, just boring - "the last Bitcoiner" will power off the light, most probably without anyone noticing it.
Another scenario would be a severe software bug. That could be much more dramatic, because it's very probable that there would be still people trying to use it. Although in this case if the bug can be solved, the blockchain can be started again, although there would be, for sure, a big price crash. This also already occured in some altcoins (e.g. Slimcoin).
I think if no one is using a currency that is one the the reason that a currency could die the more people uses the currency the more the price of the bitcoin goes up and when no one uses bitcoin the currency of the bitcoin will go down and eventually it will go down and gone ..,, That only applies to a currency that is based supply and demand and has limited supply like bitcoins. But to currencies like fiat, it's a different story. The famous Zimbabwean dollars still have Zimbabwe people as user yet the price is extremely low. Here's an article from 2015 about $100 trillion Zimbabwean dollars that can't even buy a candy bar. Zimbabwean dollar has hyperinflated and so it's the lowest valued currency. Fiat currency is so fascinating. It's almost as if the whole thing is based on whatever the government wants to do with it. We don't need anything like that. Good thing we finally have bitcoins. |
|
|
|
In the 1 year i have been using bitcoins i can proudly say i earned a good decent amount to spend for my self.I have bought my super gaming computer all out of bitcoins and my dream mountain bike.And now im saving for my future using bitcoins
It is good to see people living their dream with the help of bitcoin and it is really the find of the century which gave power to the common man to make a living from the technological aspects and i must say that the inventor must be honored with a Nobel prize for economics for this find if at all if he is willing to come out of the mask,you can always dream to get rich and if you are good at investments then you are able to make a good amount of money with bitcoin. I wouldn't really call a bitcoin a "common man". I'd call him a bitcoin user nonetheless. He has all the knowledge needed to earn bitcoins, whatever method he's doing. All bitcoin users have to acquire lots of knowledge about bitcoin in order to reach the success that he wants. This is quite the same as all the other fields that there is in the world. For example, a teacher has to go to college to get a degree to teach and at the same time to get the knowledge that's necessary to teach. Bitcoin users, on the other hand, while not having a proper education, we need to do tons of research about bitcoin first before we can actually do anything with it. |
|
|
|
I personally think it would be even more popular, since people would be able to convert fiat to Bitcoin and hold them without having to worry about it losing value.
It would be used more as a real payment method than it is now.
The only reason why bitcoin is so popular is because of the price. It changes its price randomly. So if the price of bitcoin is on stable pricenof 500$ for example, would it still be popular compared today ? Thats actually the most special thing about bitcoin .. I disagree with you. Price is of course important, but bitcoin offers us a world without borders. You don't need to worry about paying taxes and fees. In addition, in any country where there is Internet you can use your money I strongly suspect that a lot of people are going to disagree with you too Especially, in respect to fees and more so in respect to those fees which you pay for transferring bitcoins from your wallet to someone else's. Apart from that, the use you are talking about (that of a global currency, or a means of payment) is basically irrelevant since most of Bitcoin value (whether you like or not) comes from speculation nowadays anyway That's bad is it is just all about speculation because the FUDSTERS will play and I am pretty sure majority of the users of bitcoin are not really monitoring the news so they won't be able to determine which are real news and fake news. FUD spreaders are basically just traders that want to pump/dump a market without using their money. They create big announcements about the market and spread the humor. When people are newbie enough to believe all these lies that are written as if they were an official announcement from somewhere, then FUDsters are able to start some movements and later on harvest (either sell or buy) the fruits of their FUDs. But sometimes when the price has already moved up/down, panic seller/buyers have nothing to do about it so they just sell/buy their coins as well due to the fear of losing the chance to buy/sell at a low/high price. |
|
|
|
After two years and 150 pages, I wonder, has anybody asked:
"Does anything else but the price of bitcoin matter"?
Because right now Bitcoin is still fueled more by hope rather than other more important things (in my opinion).
Let's be honest if bitcoin would hover for 10 years around this price only like 1% of us will still be around.
It's like a honey pot where everybody thinks only how much he will make.
The idealists have long ago left the boat.
Hmmm. If so, then they have lost their opportunity to sell at this peak price of $1200. And they can even sell at a much higher price in the future. Bitcoin is fueled by hope to those that have no more money to invest. We are simply waiting for the price to increase. But to higher people or to the whales, the whole thing surely is a game. A game where there's full of connection to each other. Is China going to dump? Is Japan going to buy more? etc. I will be honest with you that if the price didn't increase at all, I would still stick around. We're not simply holding bitcoins, we're also earning more bitcoins as time pass by. Thinking of the tremendous amount of altcoin crowdsales going on, I really doubt that bitcoin's price will stay the same since the popularity of cryptocurrency is increasing. It's always impossible for something that's built with the supply/demand relationship to have the same price within 10 years unless the market is already dead. To me, bitcoin will always have movements regardless if it's up or down. |
|
|
|
|
Bump. I've been wearing DarkStar_'s Personal Message for quite some time now so I'm re-opening this thread. The avatar space is not available, though, because it's required for the signature campaign that I'm in.
|
|
|
|
I think the best investment is loaning or lending. Because almost of people is usually borrowed from lending then the money is easily grow and have a profit. In lending your money it was really surely safe. Bitcoin is easy also for investment just wait even if sometimes it is high value to grow up and you can use it again to trading. This a best investment. And also buy and sell it can double the profit of your money.
That's mostly not the case especially in real life lending. As humans, we are connected to each other and we owe each other something in varying degrees. When you start doing a lending business, it will give you a bad name and it will upset your friend if they ask for a loan and you declined because you know that they are not going to pay anytime soon and that they don't have a valid collateral. Most smaller scale lending services goes down after a couple of months because people are not paying regularly. And some don't even pay at all. Using your relationship to the lender to get a loan is a bad practice. |
|
|
|
The difference of a trading and gambling. But both of this is good. Trading is an investment that you want your money back with a high profit and value, and you put your money for the investment and more trade you want. While gambling is make just fun, and just like a game and lottery that whether you win or you lose and you take a risk.You can control and limit your money in a gamble.
That doesn't make any sense. If gamblers have accepted the outcome whether win or lose, then they will not have any positive feelings/emotions towards winning at all. The only thing that makes gambling fun is the feeling that you get when you win most especially if you did a really risky bet and then you won. You can control and limit your money in trading as well. There's almost no difference between the two when it comes to how it works and what's the goal of the person doing it. In both trading and gambling, it's also fun when you win. You want high profit when you're trading as well as when you're gambling. |
|
|
|
Why Yo-ex is N In the escrow field? It should be Yes/No because Yahoo is both managing and holding funds: 1week-1month unsure. I can confirm i have funds for 1 week and will know every sunday whether continuing
I updated the table before he post that update so... |
|
|
|
You should have bitcoin instead of cash because, The valuable of cash will be decrease day by day. Just give you an example: 5 years ago , you bought 3 pieces of fried chicken with only 1 buck, but now you can only buy 2 pieces of fried chicken for 1,5 buck. So It's mean the valuable of your cash is decreasing. But with bitcoin, owning it = do a investment. But the good point is , the price of bitcoin always going up. So better than cash ? right ?
If that's the inflation rate in your country, even the increase in the price of bitcoin wouldn't do that much. It can only limit your loss but with that inflation rate, it's almost as if you didn't earn anything at all from holding bitcoins. I would convert all of my fiat into bitcoins if I were you. Or are was it just a mere example based on nothing? The inflation is real but I know that there's also an increase in the prices of the things that they sell. Sometimes the price of the foods (e.g. chicken) increases because it's not their season. Sometimes it's the fishes that costs much. It's not necessarily inflation that made the price go up. |
|
|
|
If a gambling site is already running for years, then they already have the funds. There's no reason for them to need more unless they got raped by a hustler and their bankroll is currently running low on funds which I really doubt.
Again, it will not have a good review until the casino has been running for a long time. How can you review something that's just starting out? A gambling casino cannot be a reputable/trusted one unless they have been running for months/years already. Then again, that means they are already funded.
Most gambling sites that's looking for investors are the new ones. Which means, it's not yet reputable and it doesn't have any reviews yet.
No, even a casino is running for years already, they are giving some chance for an investor to invest in their bankroll. We know that there are some site that are doing so, it's depending on their capacity and management why they are allowing to invest people. If they've got enough funds for it, it's like a specialty investment, they are using people's money for generating another money. We know about this type of investment so whether they are long or not they can still have the reputation from the community. I don't usually ask this but can you please name one. Name one casino that has been around for a while and is accepting investments? I don't really see the point in increasing their bankroll when they've been around already. Why would they let other people enter their business when they can keep all the profits to themselves. Also for the last paragraph, please name one casino that has a good reputation right away. I think it should really take a month or so before they can prove that they are trustworthy and also it will take a while for the customers to give feedback to that gambling casino since there are bugs/glitches or even problems that you can only find out about after playing for a while. |
|
|
|
I think it is better to trade when the price of coin that you are going to buy is low however, there's a risk that the price of coin has a chance to decrease so you better to be wise and pick the right coin. Since the value of bitcoin is now high you should trade it in altcoins that are low.
The price of bitcoin is increasing and there is no any chance that the price of bitcoin will decrease but increase continuously and will continue in that way so if a person have to start trading then they have to start from now and have to wait for a good time. Lol, then explain the previous prices of bitcoin. Explain all the dumps happening, both big and small dumps. Bitcoin is not a rise only market. There's rise only market in YoBit, the YOVI coin, but just how unrealistic a market can be? Something that only goes up and never down is built by nothing but the mechanism behind the coin. Even a coin that's pumping a lot still gets dumps at some point. I hope that newbies read my post as well after reading your post because you're giving them false hope. Bitcoin will always go down. Maybe in varying degrees, but anyone can sell some coins and the price of bitcoin will go down. |
|
|
|
Considering referral schema, I'd rather go to the casino and bet everything on red than spend my life and sacrifice most of my relations to achieve some silly plans. What mostly repels me from MLM is the necessity of focusing not on the attractiveness of the stuff you are going to sell, like in normal business, but on convincing people that it's actually worth to overpay and/or join your network. I'm afraid, that from some point it is necessary to lie to people to reach your target.
That "some" point that you're talking about is right from the start. You're lying to them that you can earn that much from the company when in reality, only the guys that started the company can achieve such success. Some even create a video to show an example of an MLM member that have made fortune from it. But in reality, they had to lie and they had to destroy various relationships just to get at that point. If that's something that you're willing to sacrifice, then MLM might be for you. Anyone who has common sense will ask "Then where's all these wealth that you're talking about?" to the person that are trying to scam them into joining an MLM network. I'm pretty sure 99% of the MLM member don't have the things that they are showing off. |
|
|
|
Hi, please include somewhere (preferably in the title) if you guys are still open for new participants or the campaign is already full so I know where to put you guys in this table. I put you in the Open/Active. Hope that's correct. |
|
|
|
This is just for campaigns that pay with bitcoins. |
|
|
|
Try to invest in casino or gambling bankrolls you have assurance that they will not run your money unlike those cloud mining owners many of them are all scammers don't try to invest with it. Before making investment make sure you will a find a good review on that gambling sites
yeah when i am in crises then i am invest in casino or gambling sites and i make a good profit in short time and sometime it very profitable and if you have a good experience then you can easily make money in it. If you are talking about your investment in casino site like buying shares then yes if you invest in a well established casino then you will earn a good income from them in short time. But investing in then like playing games and gambling then it is a risky way to earn and multiply your money. I think he didn't invest in the casino but instead he "invested" meaning that he used his money to play in the casino. Look, he said "if you have a good experience" and "I make a good profit in short time." I don't know a gambling casino that allows you to invest in their website and then you'll ROI and even get profit in a short time. As far as I know, most casino investments take time before you can even ROI. And since he said "good experience", he probably was gambling. tl;dr: He meant "invest" as in invest in his bankroll in the gambling casino. |
|
|
|
There already is a bank. You ! You and every other person who uses bitcoin are the bank and the processing power to handle transactions is the miners.
These people who would like to see a bitcoin bank want it to be the same as like in the real life bank which only accepts fiat deposits and investment. I would not think it will be realize because these two (bitcoin and fiat) has separate banking features, one is centralized while the other is decentralized. Actually, they should exist together to give people more options on how they do their banking and as I witness now, bitcoin is progressive because there are people who supported the current set up. Why do they "should" co-exist, though? By the time bitcoin goes mainsteam, the government will start doing actions to stop the growth of bitcoin or at least slow it down. Actually having a bitcoin bank might be just one of the ways of the government to make bitcoin centralized rather than decentralized. When they accumulated enough bitcoins, they will have the upper-hand and they can start putting tax on the transactions that you make. We shouldn't problematize it, though, because we are far far from that point. Bitcoin is just starting out and the idea of bitcoin bank will be real only when bitcoin is starting to have some actual success in a global level. |
|
|
|
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
It hardly matters even if the government declares the BTC to be illegal..BTC is still being used for many unethical trading..And the government authorities can't even track them so easily. If some high authority personnels are going to ban it then they will surely be hampering theri own economic growth...The revolution of digital currency is a step that i think every nation shall adopt for economically better future....Ad let me tell you the truth nobody cares if btc get banned..people like us still gonna use it   Well, thinking how there's 7 billion people and there's just more or less one million bitcoin users, "nobody" is an appropriate term to say. We're nobody at all in the eyes of the government. We're just a small percentage of the population. They don't have to worry about us at all. How can we do much damage to them anyway. Banning the use of cryptocurrencies and then issuing one centralized cryptocurrency might be the next step of the government. If they don't ban bitcoins, people will just use it instead of the centralized one since they are already knowledgeable about cryptocurrencies. One huge reason for them to have their own digital currency and then ditching all paper money is to have full access to what we are doing with out money. They can finally monitor us the way they want to. |
|
|
|
|
Show Posts
