Its better to invest money than just save it.... but smart investing.
Gold is always good option.
Gold is not always a good option though. Basically if you are looking to invest your money into a form of "goods" than real estate is a better option than gold. Obviously it is because real estate business have always been increasing since the past time and had neber shown a sign of decreasing ( more human , lower hectar of land, higher real estate prices ). Plus that "land" is much more easier to keep than gold though Because its better to handle land than a gold and gold can be stolen and land is not. And as time as passed by, the real estate increasing its value. How are you going to handle land? gold is much more easier to handle because we just need to find a safer then we can safe it right away without anyone notice it. There are many banks that provide this kind of safer. Value oth of them are increasing but imo real estate is more fluctuative than gold Land is safe as long as the government recognizes said land as yours, which means if anyone tries to stole it, they'll send the police to kick them out. The day this changes tho, the only way to protect your land will be by being on top of it with a shotgun. |
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I remember seeing an asian girl that was probably a journalist on the senate speech on Bitcoin in Canada I think, it was like a doppelganger. I forgot the name of the journalist but it looks like Lucy Liu. It even became a meme for a while when people started saying she was satoshi nakamoto. It sucks that I forgot the name lol.
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Other projects of decentralized natures that require of the approval of people running nodes such as Freenet, had hard forks, and guess what, nothing happened. The preferred version continued, the other got deprecated and only a couple dudes still run it for some reason.
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It's often argued by some people how "we need to find the next step beyond Bitcoin". Yet, they never either deliver solid arguments of why we need to go beyond Bitcoin, and how, when the blockchain does everything we need and what it doesn't, it' already being worked on to do it in the future.
well bitcoin is the best crypto i guess, though it could have bigger block size and average block time could be reduced to at least 5 minutes And that's exactly what's being developed as we speak. Confirmation time is not really important, I don't see people complaining that credit cards take 180 days of confirmation time, they just assume they payment went through. What we need if we want BTC to be a success is to be able to process as many payments as all the big electronic payment players in the game, this means we need a bigger block size, way bigger than 1MB, eventually bigger than 20MB. |
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Looks like they are getting more desperate but continue to play kick-the-can. If there was a can kicking contest in the Olympics the Greeks would win it everytime. I expect we'll be reading about Greece can kicking still in another year if not longer.
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Here is my prediction about Bitcoin Price till 1st Dec 2017  Time Price July 1, 2010 $0.09 August 1, 2010 $0.06 September 1, 2010 $0.06 October 1, 2010 $0.06 November 1, 2010 $0.20 December 1, 2010 $0.25 January 1, 2011 $0.30 February 1, 2011 $0.72 March 1, 2011 $0.94 April 1, 2011 $0.77 May 1, 2011 $3.03 June 1, 2011 $10.60 July 1, 2011 $15.40 August 1, 2011 $13.09 September 1, 2011 $8.21 October 1, 2011 $5.03 November 1, 2011 $3.15 December 1, 2011 $3.06 January 1, 2012 $5.27 February 1, 2012 $6.08 March 1, 2012 $4.92 April 1, 2012 $4.83 May 1, 2012 $5.00 June 1, 2012 $5.27 July 1, 2012 $6.63 August 1, 2012 $9.55 September 1, 2012 $9.97 October 1, 2012 $12.40 November 1, 2012 $10.57 December 1, 2012 $12.56 January 1, 2013 $13.30 February 1, 2013 $20.50 March 1, 2013 $34.50 April 1, 2013 $104.00 May 1, 2013 $116.38 June 1, 2013 $129.30 July 1, 2013 $84.61 August 1, 2013 $96.42 September 1, 2013 $128.26 October 1, 2013 $125.49 November 1, 2013 $198.51 December 1, 2013 $946.92 January 1, 2014 $770.44 February 1, 2014 $853.02 March 1, 2014 $563.74 April 1, 2014 $478.72 May 1, 2014 $456.27 June 1, 2014 $629.02 July 1, 2014 $635.59 August 1, 2014 $595.08 September 1, 2014 $474.13 October 1, 2014 $381.33 November 1, 2014 $325.39 December 1, 2014 $378.64 January 1, 2015 $313.92 February 1, 2015 $226.40 March 1, 2015 $258.74 April 1, 2015 $246.55 May 1, 2015 $232.12 June 1, 2015 $241.96 July 1, 2015 $243.78 August 1, 2015 $234.54 September 1, 2015 $216.05 October 1, 2015 $205.14 November 1, 2015 $199.11 December 1, 2015 $198.83 January 1, 2016 $205.49 February 1, 2016 $207.97 March 1, 2016 $204.41 April 1, 2016 $204.14 May 1, 2016 $204.63 June 1, 2016 $205.41 July 1, 2016 $209.29 August 1, 2016 $217.67 September 1, 2016 $218.91 October 1, 2016 $226.00 November 1, 2016 $220.58 December 1, 2016 $226.27 January 1, 2017 $227.22 February 1, 2017 $247.92 March 1, 2017 $291.31 April 1, 2017 $541.26 May 1, 2017 $622.99 June 1, 2017 $719.99 July 1, 2017 $336.96 August 1, 2017 $383.76 September 1, 2017 $525.82 October 1, 2017 $509.10 November 1, 2017 $931.55 December 1, 2017 $1,223.40 I really like this approach and seems one of the most realistic ones. Big players will get tons of cheap BTC before it going mainstream on this stable, low price period, just like what happened in between Gold burst cycles, only this time after 2017 the ATH will be pulverized, 10.000 USD by 2025 is a reasonable amount, if not before. After people's brain click and they realize a) what Bitcoin is and b) how the coin release from mining (halving periods) is about to become near flat, the price will explode. |
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But as a user of it we can complain our suggestion and our rights. We have a rights to know what happened to the taxes that we pay. Yes we can't stop the government control the bitcoin but we can do what is right.
I will state this once more again. Government cant control BTC. In short words, because each transaction of BTC cant be control by anyone else, this will make the goverment has less interest in it. i.e Government could block your bank account, void your money transaction if they deem that you have committed a crime but with BTC the goverment could not block anything, including your wallet or void your transaction. That is what decentralized means, the most they can do is regulate BTC transaction to FIAT to get a portion of it (tax) The government can't control anything 100% but what they can do is put heavy restrictions on something and punish its use. Drugs are illegal but people still buy or use them but they can be punished for doing so and they could do the same thing with bitcoin. They could make it illegal which would threaten its use as a legit currency but people would still use it. then they should arrest everyone that use a pc, i don't think you can comapre drug with bitcoin, they are quite different...even if they declare it illegal you can still use it, not by dumping through exchange maybe, but for purchasin something via forum/chat but too much restriction could damage the price really bdly, unfortunately not every government hate bitcoin Why would they arrest everyone for using a pc? And drugs and bitcoin are perfectly comparable. Drugs shouldn't be ilegal but the governments made it a crime to use or buy and sell them. They could easily do this with bitcoin if they so chose to and I already said people would still use it and that's why it would be exactly comparable to drug prohibition. because pc are the instruments to use bitcoin and to setup a node, thus helping bitcoin, with the drug, you just confiscated the drug and arrest thos who used it, with bitcoin everyone can have access to it so easily it's not comparable with drug, you can't shut down every internet devices, so you can't deal with bitcoin, the Gov cannot stop it If you read or process what I'm saying you will see that I'm not saying they can stop it, but they can prohibit it in other ways and that's why my comparison with drugs is apt. They might not be able to stop you using bitcoin (or drugs) but they can put laws and regulations in place to make it illegal and punish you if you choose to ignore them. The gov can still steal or confiscate your bitcoins as well so it's yet again exactly comparable to drugs. no it isn't, they can't confiscate it, because they need to confiscate your pc/smarthphone/trezor ecc.... understand now, why i was talking about computer? how can they stop you from running a client then? it's impossible drug on the other hand, don't utilize an instruments like bitcoin....it's more impossible to control the usage of bitcoin in comaprison to anything else, it's not feasible at all... this is why banning bitcoin is a complete joke, you can't do it period, the only thing is restriction(but it must be done by the entire world, not just from a random gov that hate bitcoin, otherwise it is pointless), which will damage the price and penalize the whole network, thus maybe killing it undirectly Well they could technically pass a law to ban BTC and be able to confiscate your BTC if they catch you with BTC (example: you are going to some place and you are wearing a trezzor with you, they would be able to steal your trezzor). They could just create fear and try as hard as possible to reduce it as an underground thing. Of course we all know this is pointless and would create an outrage, that why it's out of the question. |
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probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it. I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago. I have friends in Brazil and they got a lot of BTC, they were a group and got almost 1 entire BTC in total, google "BTC Rain" there is a video about it. I think you are talking about this: https://www.youtube.com/watch?v=5LIX1ot9peIIt was great, 50000 USD giveaway, basically 234 BTC giveaway, pretty crazy. Big opportunity to get 1 BTC as a newbie if you were there. |
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7% that kind of high fee, what about from Bitcoin to cash? how much is the fee?
Agreed, transaction and purchase fees such as this discourage the use of BTC and ruin the point to some degree. No one will use that im afraid unless they purposely want to support he ATMs. Why pay 7% when you can pay a lot less in online exchanges? Imo they should do periods of 0% commission to promote the ATMs. |
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I would like a spot for the next avatar campaign term as soon as there is a spot possible. I've seen people reserving spots so I want one. Please let me know when one it's available so I can add the avatar.
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For anyone interested in the subject, here's short (15 mins) video with good overview of impact of automation on human labour. It's from 2014 but don't think anyone posted this link before: Humans Need Not Applyhttps://www.youtube.com/watch?v=7Pq-S557XQUYeah i've seen this before. It's funny when critics say "but we are not horses". Lol, they are missing the entire point, which is the trend is clear, and more jobs will be automated than new ones are created, which leads to perpetual unemployment stacking up. |
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This is my first post. Please do respect
My post intention is to help readers to save their money.
Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money .
If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .
The 1st way : cash reserves- medical insurance, retirement, life insurance and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%.
The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .
The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.
Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 .
So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance.
If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
Thank you .
idk but the first is so hard t work it, for a years i just maybe got 2% of my income, i cant control my outcome cause so many unexpected things and for invest, i dont know how to start it with a cheap info and idea I know that, its so hard to save in the first time. But if you continue or keep having a patience you can save. Just follow my idea and you can save as much as you can. But with your method it will take so long time to save enough money. Not saying that you suddenly need it for medical or anything that urgent so you must save it from the start again. Need something more profitable and fast to get This. Time is money. Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you. Being born poor is a trap. A total scam. |
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Thats why I said in order to make bitcoin bigger, government need a fully control of this bitcoin so bitcoin will become mainstream to everyone not the government have the power to control it, but everything is according to their regulation, besides government wouldnt get the control because no one know who control bitcoin for now.
Your opinion is a bit off here. Government cant control BTC because BTC is created with the purposed to be a decentralized currency which means that no one is to control BTC including satoshi the creator. In fact, government could help if they were to support BTC to go mainstream but rather most government will leave it as it is because supporting something unbenefical and uncontrollable to them will not bring them any good P.S : Fun comment : is there any "That bitcoin? "  Grammatical error ofcourse should have been just "bitcoin" He used the words "this bitcoin". I just had to seize the opportunity.
He used "this bitcoin" words again , above All you say is true, but for example, has anyone yet answered to this: You sign a smart contract under the blockchain, which says you own a property. Someone jumps inside your property, which you bought under that contract. If the government doesn't recognize that contract, why would they be responsible of not sending the police to help you out? In other words you are fucked, unless you buy private security and forget about the police too, something not very mainstream friendly. So basically, we need the government for this, which means regulations. |
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A recent series of busts has shaken the world of dark net weapons commerce. A six-month joint investigation between law enforcement in Australia and the United States, which involved law enforcement going undercover as weapons dealers, has resulted in 17 arrests internationally. In September 2014, the US Homeland Security Investigations (HSI) identified a 33-year-old US-based dark net seller of weapons to a “worldwide client base,” according to a press release from the Australian Federal Police (AFP). .... https://www.cryptocoinsnews.com/dark-net-weapons-bust-leads-17-arrests-80000-bitcoin-seizure/These things will not help bitcoin to go mainstream, I also know you can (maybe) do these things also with all the FIAT currencies... but people like to use bitcoin.... Why aren't those guys using Monero? they would be more anonymous for their criminal shit and would leave us non-criminals that just want to enjoy the benefits of Bitcoin or the fiat scam free of negative press. How many more arrests until they learn? |
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Everyone that starts making serious money eventually moves to Switzerland to not get obliterated by mega taxes. I guess Xapo is being a success then.
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Anyone knows Amagi Metals? they seem to be doing a hell of a job, and they are Bitcoin exclusive. I would help brands like this. You are buying metal, and helping BTC at the same time.
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But how do you avoid all the transactions showing up on that same payment QR code you use on your address?
Let's say I have a shop, print a QR code and put it on the desk so people can scan it and pay. Cool. But im using the same address for every single person that pays me. They know how I am and where my shop is, and they know how much money im making since they know the address from having paid once. This sucks, so what is the alternative for a physical shop?
Yes, you're right. I was only suggesting to start that way and get familiar. For better privacy it's better to use a new address for every transaction. It's just not so convenient to print out  To be a little more sophisticated you can simply set up a wallet at blockchain.info. From there you can create new addresses quickly and freely. This works especially well if you have a portable screen, such as a mobile phone or iPad tablet. When logged into your blockchain.info wallet click on 'Receive Money'. From that screen you can click on New Address any time to get a new address, then click on 'actions -> QR code' to display a QR code which can be scanned. Then click on that address to show the screen I mentioned before to see incoming transactions on that address. But what if you can't afford an extra screen? (because moving your screen everytime to show the client would be extremely annoying). There should be a way to print a single public address, then people pay there but you get paid in a randomly generated new address that no one can know besides you. Isn't this what HD wallets like Electrum do? I have no idea how it works yet and would like to learn. What you propose is not very convenient, there must be better ways to do this if we want mass adoption |
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No please, I need fear and uncertainty period to last longer and benefit from it at this discount cheap BTC price. Keep the sheeple talking about how BTC will crash or how BTC will go up tomorrow for long please, I need more cheap coins.
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