What interest do I have in convincing you?
The reality is that the longer it takes for the rest of humanity to recognize the true value of this asset, the more I personally benefit.
By all means, continue your skepticism indefinitely, I'm enjoying access to these $200 coins. I can only earn fiat to melt so quickly, you know.
Ok. Now that is a very good point I've read thus far. Sometimes I also kept telling myself whether seeing the price going up is a good thing or bad thing because I might miss the opportunity to buy the coin at such low price ever again. |
|
|
|
|
Looks like they are shutting down your account due to the BTC-related transactions. Did you manage to talk them? At least from the first bank to confirm that it was due to that problem.
|
|
|
|
|
Rent your computers and internet. Open a cafe and use the earnings to buy bitcoin. That would be more sensible.
|
|
|
|
|
Even if it doesn't fall to your expected price as quickly as what you thought, doesn't mean that it will never will someday. Fact is nobody knows what is going to happen next. Studying the chart or analyzing the trend will not tell us everything. So go with your gut feeling
|
|
|
|
|
Seems you are not the only guy having problem here as there were few others who made complaints about deposit not appearing. I'm not really sure what happened but 4 days is really a long time to wait. I guess, the only way is still through the support staff.
|
|
|
|
|
Are you saying we are going to shut down the internet?
|
|
|
|
|
Other than people, it would also lead to more businesses using it. Perhaps the idea is not towards a constant, fixed price like what you think... a little fluctuation would be enough to give businesses more time to react and decide whether to hold on to the coins. Currently a $50 dollar or more changes in just 24-hour period is not exactly the ideal scenario on what we like to see happening.
Good for traders and speculators but not for businesses.
|
|
|
|
|
It has the backing of the community, people like you, me who believes in the future of bitcoin and are willing to pay a certain price to acquire a bitcoin unit. For me, that is good enough.
|
|
|
|
will provide you with timely updates, like bitcoin price changes, There are probably tons of apps having the same functionality so not sure how this is going to be any different. Except maybe for the incoming fund notification functionality to coinbase account. |
|
|
|
|
Practically I don't care what these trolls have to say. Still enjoying my time over here and learning about bitcoin.
|
|
|
|
|
Just wondering how we will end up controlling debt issuance. I'm afraid it will end up just like the fiat system. I'm a bit reserved with the suggestion.
|
|
|
|
|
Just mere coincidence. Try to monitor and track the price before buying.
|
|
|
|
|
Using change addresses and receiving address used only once will help to certain extent. In the end it is still your responsibility to adopt good practices in order to protect privacy
|
|
|
|
|
I'm trying to grasp the whole idea which brings me to the question on who is going to maintain the database? And how can we trust the database is the actual one. Just wondering...
|
|
|
|
Fear of missing out
The second fear is the cause of greed and jealousy. It is fear of missing out. Say your neighbor or friend got rich with a certain stock. Certainly this gives you a strong temptation to buy the same stock and profit for yourself as you are jealous and seek to improve your financial position. It's no different with Bitcoin. Having accumulated coins (or stock, it works the same way), the same investors who bought all the extra supply at wholesale prices are now holding. The selling is slowly stopped as those who are tempted to sell eventually give in and leveraged positions are covered. Once this happens, the price will have a fairly easy time going up (with a little help of course). Suddenly sentiment changes, prices soar upwards and good news abounds. Fortunes are being made. As the price shoots up, suddenly those on the sidelines begin to feel fear again: Fear of missing out. They buy back in. At some point, the fear of missing out on profit becomes too great and "the herd" panic buys, usually near the top at the point of greatest euphoria. This gives the investors a perfect opportunity to sell to "the herd" at higher prices. As the stock is distributed to the new buyers, supply floods the market in greater quantities and the price tanks. This is called a buying climax and works in opposite to a selling climax.
Nice post. I think for me, my utmost concern is basically fear of missing out. I used to face that problem during my time trading fx currency. Nowadays, I try to control myself not to buy when seeing a quick bull run and so far, been quite okay. |
|
|
|
|
Think we underestimated the cost of mining. If we look at the current hash rate statistic, the drop is not significant and that means there are still people who leave their machine running. Generally miners won't do that if it's not profitable.
|
|
|
|
|
Look under the altcoin annoucement page. You will have better luck mining newly launch cpu coins and then convert it to btc rather than mining btc directly, which basically yield nothing.
|
|
|
|
|
I would prefer stocks related to oil. I don't think with current oil price, it will drop any further but for currency, it pretty much different. Plus, it would take longer time for currency to recover.
|
|
|
|
I don't understand why yanks feel that the entire world revolves around them. It's not possible for anyone or any business to make a monopoly out of Bitcoin trading or exchanging. My point was that it's not possible for that stupid bully country America to control anything about Bitcoin. They can pass all the laws they want and sit on commerce and industry until their 3 hundred million people starve to death. The other 7 billion people will play in a different sandbox.
I think the regulated exchange laws and KYC stuff have pretty much become international at this point. I don't know how it looks where you are, but in pretty much every nation where I have correspondents who know about such things, the basic rules are pretty much as they are here. You have to get licensed to run an exchange, and ensure that customers provide ID to open a bank account or use a trading account, whether you are in New York, Hong Kong, or Cartagena. I'm not sure how it works in Istanbul or Cairo, but I expect it's the same. Cryddit It's the same from where I came from as well. The minimum is scanned copy of government issued ID when making fiat withdrawals. Although the government didn't spell out the exact details but exchangers in general will by themselves make it compulsory to avoid the legal aspect that arises later part. |
|
|
|
|
I would join the religion if I have 10000btc but I don't have that.
|
|
|
|
|
Show Posts
