Become an entrepreneur, make a world changing business, make all your money when you are young and then sell the business when you are old and retired. That is my plan.  |
|
|
|
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
Well yeah I guess that could happen. If there were multiple people that wanted to manipulate the price, they definitely could do it. I have never seen it happen before though. |
|
|
|
|
Well no offence to the Coinbase CEO, but Bitcoin has no chance of replacing the dollar. No government of any country would ever let Bitcoin take place of their beloved fiat currency.
|
|
|
|
Saving money is very easy with the lots of methods available in the form of banking and other financing and investment form. Right now one among the best is the saving in the form of bitcoin.
saving in bitcoin is no doubt the best way to save money. in today's date we can save money in lots of ways. but bitcoin is obviously the best method for saving money.. and the best part of bitcoin saving is we can control our money by our self.. we do not need any bank's or any company's help to save and hold our money. simply deposit bitcoin to the freeze wallet and that's it. Yeah I agree with you. Just invest your money into Bitcoin and then just keep in a cold wallet. It is such a hassle to get it out, that you just won't be bothered to. |
|
|
|
|
That is true, you should never sell your Bitcoins, wait what, no that is not true. If you are dumb enough to buy Bitcoins and then never sell them, you are just plain stupid. Sell your Bitcoins, buy things with them, that was the reason that Bitcoin was made. To be used.
|
|
|
|
|
If Bitcoin reached $10.000, which is $10, it would be worthless. Fiat wouldn't be worthless, but Bitcoin would. If Bitcoin was $10,000, then fiat would probably still be worth something.
|
|
|
|
There are around 15.5 million btc in the world and 1 btc costs 456 USD. So all the bitcoins cost around 7 billion USD. I think that after 21M btc mining will stop (it isn`t very profitable anyway) 7 billion USD is very small and i don`t think that it will increase soon. All those "Will bitcoin be the new world currency" threads are totally stupid. Thats just my opinion...  Yeah well that is the price at the moment. The price is rising a lot already and it is just going to continue rising. There is a chance that Bitcoin will be the new world currency. |
|
|
|
|
I think that you are definitely talking out of your ass. I am definitely not waiting for the price to go down that low. If it ever does go that low, it would probably be because Bitcoin is dead.
|
|
|
|
I recommend staying in school, getting good grades, and then get a good job that pays well. Other than that, just do signature campaigns. |
|
|
|
|
The thread about Bitcoin is dead explains the whole situation a bit better. I really hope that this changes and Bitcoin goes back to what it used to be when it was starting out. (but not the price)
|
|
|
|
|
If you just want to keep something other than fiat that is stable, then gold is better. If you want to make some money and you are willing to take some risk, then Bitcoin is better.
|
|
|
|
|
Well that is one of the ways you could explain Bitcoin halving. You could just say that every 210,000 blocks the block reward gets halved. It is pretty easy.
|
|
|
|
|
I think that the transaction fees would be pretty high but it is really nothing for you to be worried about. It is only going to happen in about 120 years, so yeah.....
|
|
|
|
Well current blockchain size is already well above storage capacity of regular Blue Ray discs and it won't be long before it reaches beyond what even BDXL discs can hold. Also, you would still need to download the rest of the blockchain from where the data on the disc ends.
Yeah I really don't think that you could put the whole blockchain onto a blu ray disk. Doesn't really seem like a bright business idea to me. But that's just my opinion. |
|
|
|
|
I really have no idea what to rename Bitcoin. Once you hear Bitcoin, there is no other words that come into mind that would make good names. I would just keep it as Bitcoin.
|
|
|
|
|
I just bought my first Bitcoins. 1 Bitcoin to be specific. My second Bitcoins came from signature campaigns. Now my main source of Bitcoins is signature campaigns.
|
|
|
|
Never ever try to gamble if you cannot afford to lose it. You might end up losing all your money including your life savings. We should learn from the mistakes of our fellow gamblers here. Best thing to do earn it by working and invest for future goals.
The problem is that people have no self control. They just keep on gambling thinking that they will make a profit in the end but instead they lose everything they put in. |
|
|
|
I really have no idea. I never thought of that actually. But I am pretty sure that it is very hard for you to get the same address as someone else. Maybe I am wrong and this could be a huge problem.  |
|
|
|
There's probably no point in me posting a reply in this thread as the users before me have already answered the question and the users after me will probably have the same answers, more or less. I'm surprised however that you're here in this forum for roughly 84 days and you have no idea what the halving is.
Well maybe he has just started Bitcoin in general and hasn't really researched much about it so he came to this forum and asked for help. Cut him some slack, you have been on this forum for much longer than him. |
|
|
|
I think as he grows, you should introduce him to trading early on at perhaps 14 years of age.. he may actually have interest in it!
Or maybe not yet? Don't you think that is too early for a 14year old kid to understand about economics? Just wondering. I think that 14 years is old enough for kids to learn about economics. In a world that is becoming so dependant on economics, it is better to learn earlier compared to later. |
|
|
|
|
Show Posts
