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1621  Other / Off-topic / Re: What will you do if you own 21 BTC? on: September 06, 2016, 02:28:05 PM
Investing is the best way to go about utilizing 21+ BTC. only to increase riches further.
thats true investing is a really great option to put your money into right now, though i dont know whether it wouldnt make you not lose all your money

But for me that is going to be a big capital already if you are going to invest whole 21 bitcoin with trading I would say that it is going to be better if you are just going to allocate 1/4 of that total amount.

Or else I am just going to keep on holding that for a long time and going to wait for the price of it to increase and once I am able to get profit with it.

Then I am going to sell it and going to start my own business in real life.

If you invest 21 btc in trading then the results will be also higher as even small fluctuation can give you good profits, but its recommended not to put all money in it, keep few coins on safer side for the future.

I would not recommend investing any big amounts until you reach the 21 btc goal that everyone should have. 21 BTC will be rich status in 10 years, so you can't risk losing any. Once you have beyond 21 BTC you can start taking higher risks.

Exactly 21 btc is a huge amount and no one can afford to loose that high amount by investing it in trading as trading also involves risk and you may go through huge loss.

It's an huge amount indeed, but you can't say no one. There are a few people out there that move way more than 21 BTC daily in trades.

But yes the 99% are dreaming with owning 21 BTC since 21 BTC will make you rich in a decade or less.
1622  Other / Off-topic / Re: Earning a living with bitcoin? on: September 06, 2016, 02:25:46 PM
The problem is there are no jobs for bitcoin that I know off. The only way that I have been able to get paid for bitcoin for a job is signature campaign, all else pays with dollars.
1623  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: September 05, 2016, 03:03:24 PM
I consider altcoin investing a sort of gambling investment since it seems to be so damn random. Sure, you can invest with better odds than going into the casino, but its still a risky investment, so it would qualify the definition of risky investment.
1624  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all altcoins will fail and exchanges will rule your destiny on: September 05, 2016, 02:53:50 PM
It does not matter how many times a exchange gets hacked, how many times people get scammed alts... it does not matter, alts will always exist. People love pump and dumps and they will keep pumping and dumping, there's nothing you can do to stop this. The show must go on, let's make some BTCs.
1625  Alternate cryptocurrencies / Altcoin Discussion / Re: Should altcoin ico owners be allowed to invest in their own platform? on: September 05, 2016, 02:49:04 PM
There should be a way to enforce how much the developers buy from their own ICOs, also same goes for the premining. In the pre mining at least we can see it through the blockchain, but we can't know about ICOs as far as I know.
1626  Bitcoin / Bitcoin Discussion / Re: Another way to invest Bitcoin without Mining on: September 05, 2016, 02:35:16 PM
What do you mean by "investing in Bitcoin without mining"? Do you want to make more BTC I guess... well its simple, you can buy monthly with extra money you may end up having at the end of the month.

If you want passive gains like investing in hashocean... I think its not going to happen. There's no way to make passive gains.

So either buy BTC, or buy alts and sell for BTC.
1627  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: September 05, 2016, 02:28:41 PM
Like it or not, Bitcoin has a longer life expectancy than all of us. It will outlive us, and will be 100+ years old. It is impossible that an advancement in physics is found to be able to deliver Bitcoin's PoW + network effect, its just not going to happen. Bitcoin will live forever through upgrades and sidechains.
1628  Bitcoin / Bitcoin Discussion / Re: Do you think bitcoin is one new step for sucess. on: September 05, 2016, 02:17:19 PM
Big things that last for thousands of years are built with small steps and in a very solid way. In this regard, Bitcoin Core team is doing exactly this. Building slow but steady and with solid progress. We must then remain positive and we will sooner or later see massive rewards. We are still early adopters.
1629  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: September 05, 2016, 01:54:29 PM
The battle between banks and bitcoin will be a huge one and will start in about 2018. The next 2 years are absolutely crucial and lots of things are going to start changing fast. After 2018, the 2020+ period will be when the real shit hits the fan.
1630  Economy / Gambling discussion / Re: In what fight where you gambled at got the most gains? on: September 03, 2016, 06:16:10 PM
King boxing and and boxing is good one for me also in basket ball games .. those fights are good for me i like them.. Than the other game that i didnt know how the game works.

What the hell is king boxing? DO you mean kick boxing maybe?

If that is the case then I won a decent amount of money over the years with kick boxing too. I watched all Mirko Crocop fights and betting on a win was almost always a guaranteed success. The guy was a beast and unstoppable in his prime. Too bad he was never as legendary in MMA.
1631  Alternate cryptocurrencies / Altcoin Discussion / Re: Apologise to the DAO White Hats on: September 03, 2016, 06:13:29 PM
THe ones that should be apologizing are the ones that told people to sell all of their ETC because when the hacker got its coins it would go back to 0. Not only it didn't go down, but it went to 25 again.

In any case, I have cleared my positions and have nothing to do with Ethereum. I may get in eventually if I see some situation that can deliver profits.
1632  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XMR: Up or down now? on: September 03, 2016, 05:37:48 PM
Definitely going to keep pumping, but waiting on the bubble pop and buy at the correction dip


Im also waiting for a correction, the problem is if this correction never happens. We can't know if there is going to be a dip or just a stable price with a formation of a triangle that ends up in another big price explosion upwards.
1633  Alternate cryptocurrencies / Speculation (Altcoins) / XMR: Up or down now? on: September 03, 2016, 05:20:05 PM
We have seen excellent performance over the past hours. The question now is the obvious one: Are we going to go for a fourth new price increase to establish an higher floor?

The pros are that the coin has a real use in the dark markets, there's a real demand since Bitcoin is not yet as anonymous as it should be (it will in the future, just not today). The marketcap is still rather small for the total supply, one could think, if compared to the likes of Litecoin in previous pumps.

If we consider the cons: It has no gui, it has problems to scale..

Im not sure what to do. You never know if you are the idiot buying at the top, or missing on the next big pump. I hate this feeling.
1634  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Monero will go back under 10 $ Factom will rise above 4$ on: September 03, 2016, 04:44:53 PM
So you have sold and now you are trying to convince yourself that you are safe from missing on big gains... sorry OP but that is exactly how your thread sounds like.

The truth is, nobody knows if Monero is going to keep climbing or if this is the peak and we will see another big correction before it continues rising, so take your bets and wish you have luck. I personally didn't buy yesterday and now feel like an idiot.
1635  Alternate cryptocurrencies / Altcoin Discussion / Re: ETC = Most obvious way to double your money right now on: September 03, 2016, 04:07:07 PM
I think in the long term, or sooner or later, whatever you want to call it.. ETC will pump hard, but right now XMR seems to be getting all the action. Whales love to pump this thing to the moon.
1636  Alternate cryptocurrencies / Altcoin Discussion / Re: ETC = Most obvious way to double your money right now on: September 02, 2016, 04:15:01 PM
We are already half the way there. If you bought at the 20 ish bottom, you have x1.5 your money. We need to pump to 30... we will reach 30 or we will dump? Nobody knows so good luck in your gamble. I don't see anything clear with both XMR and ETC right now.
1637  Bitcoin / Bitcoin Discussion / Re: Russia officially allows Bitcoin on: September 02, 2016, 04:05:58 PM
I think Russia is having a brain seizure trying to deal with Bitcoin. I remember so many news across the years of Bitcoin being banned in Russia, or Putin threatening people to put them into jail for owning Bitcoin, and then I remember a lot of news of "Ban of on Bitcoin lifted". It's like a ping pong match of banned and not banned. Russia just doesn't know how to react to Bitcoin. Pretty funny actually.
1638  Bitcoin / Bitcoin Discussion / Re: Sellers in Illinois, US on: September 02, 2016, 03:58:10 PM
What kind of money was the guy that got put into prison for 4 fucking years? That's insane if he was selling small amounts. I guess that if you are selling like less than 300 bucks a month it does not matter and you don't even need to report that to the IRS, but im not sure how selling Bitcoin works, I have sold less than 300 bucks of my BTC ever so I didn't even bother looking into it since im holding long term.

What is "low volume"? how much are you going to be selling a month?
1639  Bitcoin / Bitcoin Discussion / Re: Danger when buying/selling BTC in person on: September 02, 2016, 03:49:56 PM
I seen MULTIPLE reports for things like these, If you go through reddit you will find some rather dangerous situations. These people ignore the most important aspect of P2P transactions, Good location. I think these situations could be avoided if you the deal in a bank or the like. BTC is not illegal so I don't see why people prefer doing deals in shady bars..

Well, most likely those people are trying to not get taxed/controlled by government. If you sell Bitcoin you get a bank transaction in your account, so you are going to get eventually investigated if you start moving a lot of money.

Some people may want to avoid this my meeting in person. But there's cameras everywhere nowadays so it's not like you properly hide if the government gets after you for some reason.

I have never bought or paid for BTC in person so im not sure how the experience is like. I would probably go to a restaurant or something.
1640  Bitcoin / Bitcoin Discussion / Re: When will banks stop pumping "blockchain technology"? on: September 02, 2016, 03:41:49 PM
I feel like there is a big war about to start in the next of years. The banks will not want to be subjected to collaborate and adapt to the new bitcoin reality, its not going to go like bitcoin becomes the world currency, there is too much ego in countries, nations and banks wanting their own currency to use it in a way they feel like using it.

There will be government closed source currency, and then bitcoin as an alternative to escape this government Orwellian nightmare.

The clash of both currencies will not be nice. It will be a war and they will use everything they can to crush Bitcoin. Hopefully, by then Bitcoin is too fungible, anonymous and decentralized for them to attack it. Which is why we must keep the blocksize rather small to keep making the 1-node-1-person viable, otherwise we are screwed. As soon as datacenters are the ones that can run nodes, there's nothing to do but submit to the government's will as they control of Bitcoin.
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