too risky to invest bitcoins nowadays lot of ponzi schemes
if you got your coins and bonus back from investing you just got lucky
its just like gambling
What are you talking about after all it is pretty easy to spot Ponzi scheme when you see the terms of investing. Of course if someone offers you a 100% profit from an investment it is a Ponzi... You can't be that greedy to believe that. There can be ponzis with lower returns too... Think of the Madoff scheme. It is just that they will last longer. |
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These targets will be useless if no one is buying bitcoin
one trigger bitcoin prices to rise is the number of buyers, so we had to buy bitcoin to make the price rise
at this point most people are waiting. people who wanted to buy coins have done it already. it's waiting for a whale to start bumping the price higher hoping other traders will start buying. Waiting for a whale to bump prices higher? Whales are smart. If a whale wanted to buy bitcoins, he would have been accumulating it in this slow market. He is not going to rush in and bump the price higher. |
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I am not really sure about this, but are you legally allowed to refuse fiat?
Fiat is legal tender and not accepting it in a store might get you into trouble, depending on the jurisdiction involved.
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Better not. I would rather have it maintain at current slow but steady pace rather than going up too fast and finally ended up a flop once again. I don't mind if it's a healthy rise backed by the fundamentals because it is the only way that price can sustain itself. Else it will just go down again much to everyone's disappointment.
My sentiments exactly. Volatility is not good for the Bitcoin economy. So a steady rise is preferred. Let us get to $270 in a slow and steady manner, rather than abruptly. |
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i think the trend is to go UP. at least it seems so
Yes correct as of now trend looks like going up but if any bad news again then surely this time it may go below 200 mark. Yup, there is a (very slow) uptrend. As long as we stay above $220, I am comfortable. |
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There are a few topics here (and there) which try to discuss why enormous Bitcoin wealth inequality is bad for it in the long haul, but I didn't see where it had been explained why it is this way precisely. This assumption is correct, the reason (concise version, omitting the gory details) being that the two major functions that a currency is sought to fulfill are mutually exclusive (well, to a significant degree)...
I mean currency as a means of exchange and currency as a store of value...
It would be wrong to focus on Bitcoin wealth inequality, as opposed to overall wealth inequality. If a person is wealthy, nothing would stop him from converting a portion of his wealth into bitcoins (even if his bitcoin wealth was low initially). So I don't see why the initial (unequal) distribution of Bitcoin is a problem. |
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Bitcoin is tied to fiat because that's what people have to use to buy bitcoin with. Once people are getting paid in bitcoin (which likely will never happen) or using bitcoin exclusively (could very well happen) you'll see lest talk about bitcoin tied to fiat and more about what bitcoin can buy in goods and services.
Again it all boils down to Bitcoin adoption. This is something which cannot be sorted out in a hurry. |
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Go back to 2009, rob a bank and then buy a million dollars worth of Bitcoin. Simplz. Filthy rich.
how about buy a facebook stock with your million dollars ? you can get rich Quickly..  If you have million dollars why not to build your own company like facebook i mean not simillar to facebook but in a different way, just build your company make it popullar and profitable, you would stay rich even you could legate your wealthnes for your children It is not easy to compete with a social network which has 1 billion + users. Just like it is difficult for any alt to compete with Bitcoin. |
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Al-Saud was freed Thursday afternoon after posting $300,000 bail, jail records show.
As a non-American I'm wondering is it possible for him just to flee to his country now. I mean he can easily leave those $300,000 behind, or is it not so simple? I hope it's not. The scumbag should go to jail. They should probably make him surrender his passport. I wonder if they did that. |
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agree we will not seeing price up again, it's time to sell your coins not before price low than now  There are a lot of people who sold their coins at $20. Hope you don't face the same regret.  |
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None of these tricks will dig them out of this hole  They won't. The rest of the world is just hoping that Greece doesn't drag them into the hole as well. |
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1st attempt at cashing a cheque (on a Saturday) at a branch of the bank that issued it.
"sorry come back on Monday"
2nd attempt (on a Monday).
"sorry come back during AM hours"
3rd attempt on a Monday in the AM.
"sorry we have to hold the cheque for 4 business days, we can't do that unless you have an account with us"
So there you have it, a bank refusing to cash their own cheque. They suck, they should have told me to fuck off and not come back on my first visit.
Yup, sounds like America. Or any other country in the world. There is a huge imbalance in the power equation between a bank and its customers. Banks know that they can treat retail customers badly and get away with it. |
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Naughty America Reintegrates Bitcoin Payments After HiatusAs before, Naughty America – which operates a network of 45 sites – is accepting payment through merchant processor BitPay. However, one month's subscription in the currency is $29.95 – 20% higher than Naughty America's credit card option. Annually, bitcoin users would pay over $48 more than those paying by card. http://www.coindesk.com/naughty-america-re-integrates-bitcoin-payments-after-hiatus/what a moron company... They are charging users a "privacy premium". Some users might still choose to pay through bitcoin, but I guess in the long run it will go against the company. |
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I keep a pretty low amount in my checking account, just enough to pay a couple months of bills. I don't really see any reason to keep more than that in my account.
Yes, in most countries the interest rate doesn't beat inflation. You are losing money by keeping it in the bank account. |
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It is true that bitcoin have begun to be accepted by several countries and stock markets. But in some of the countries like nepal it is very hard to deal with paypal and other payment processor till now. Bitcoin is also not in so much of light over here as currency but for developer like me it has become a good way to accept payment rather than paypal due to no restrictions for my country like they have in paypal. Happy to see how bitcoin is working these days.
As long as bitcoin is small and under the radar of the government, there is no problem. Once it becomes bigger, the government will subject it to the same restrictions / regulations as any other money transmission medium. |
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What if you are wrong?
He will open another prediction thread. |
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I would say my bitcoin client itself a bank. I have facility to get or to send. Precisely saying our bitcoin client is equivalent to internet banking client. So, we are already into a free banking system.
Your client is a bank which doesn't pay interest. Your bitcoin client is the equivalent to a pillow - under which you stuff your cash. |
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There's a new way to invest in Bitcoin -- But buyer bewarehttp://money.cnn.com/2015/09/18/investing/bitcoin-investing-etf/Bitcoin lovers have been searching for a way to safely invest in the enormous potential they see in the crypto currency.
Buying actual bitcoins has proven dangerous, to say the least. Just look at the unbelievable turbulence in Bitcoin prices -- the currency's value shot up 6,000% in one year before collapsing in value -- and the alleged fraud at the Mt. Gox Bitcoin exchange that led many investors to lose money.
In theory, an exchange-traded fund, or ETF, that mirrors the price of Bitcoin would offer a somewhat safer alternative. Think: something akin to SPDR Gold Shares ETF (GLD), which tracks gold prices.
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Bitcoin Blockchain Technology In Financial Services: How The Disruption Will Play Outhttp://www.forbes.com/sites/laurashin/2015/09/14/bitcoin-blockchain-technology-in-financial-services-how-the-disruption-will-play-out/Both the financial services and Bitcoin communities perked up last week when Citi, Nasdaq, Visa and other large financial institutions invested in Chain.com, a Bitcoin blockchain services provider.
In a year marked by announcements of financial incumbents’ interest in the technology underlying the digital currency — startup investments, lab experiments, board appointments and Nasdaq’s intention (partnered with Chain.com) to pilot using blockchain technology to manage shares in private companies — the funding underscored the fact that Wall Street is serious about using so-called distributed ledger technology in its offerings.
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If I do attend a bitcoin meetup, I would not link my real world identity to my bitcointalk id. I like the pseudonymity that being on this forum offers me. |
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