mon·ey (noun)
- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---
cur·ren·cy read as ˈkərənsē (noun)
-a system of money in general use in a particular country.
So, is bitcoin money or currency?
By definition "a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank." So one can say Bitcoin can be called a currency for the virtual world but it can not be called Money because in the physical world it has no value. the value isn't something that is related to physical or not physical, it is something given by us, anything can have value it does not matter what it is btw bitcoin is digital not virutal, and being "inside a machine" does not make it less real |
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What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!
Why common sense and politicians never coincide?
What do you mean by 'Print Money'? you know adding more toilet papers with the machine that make money, they said that money does not grow on tree, but for banks this isn't true and that quote is a bit stupid, because you can't just print money out of nothing you need to back your money with the wealth of your country |
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i can't see well the value, but it seems that we are not going to sub 200 zone, as long as we stay above it should be safe enough to buy some btc
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better to destroy fiat and decrease inflation, thus making fiat stronger and as a consequence bitcoin also
bitcoin are too precious too be destroyed
Fiat is like paycoin, 350% more printed per day, destroying does nothing if all citizens, start destroying it, i'm sure the printing can't match the destruction, resulting in less scam fiat in circulation and btw there are 15-30% of bitcoin destroyed already, is more than enough |
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i never understood those stupid loans and collateral, i mean what's the point of it? you can just use your collateral for your own loan, and resolve your problem
just do it with your friend or whoever, no wonder there are plenty of scammers in that section, they are there, only for that
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people around the world are not adopting bitcoin because of those thing in general
1- security
2- regulation
those two thing must be addressed in order to rise the adoption of bitcoin
the secuirty can be done by the exchage(so it's not even a bitcoin fault)
the regulation is on the way on some countries, but need to be speeded up and should be easy for average people, not something like "i need to take note of every transactions" or other things too laborious
Now, the question is who will take the burden to regulate Bitcoin. That will hell of a responsiblity because it's known that Bitcoin has security concern. There are illegal trades happening all over the world and the payment is happening in Bitcoins. Again with this non-argument, fiat and CASH is mostly used for criminal activitities, bitcoin is a small fraction of that, it's just not an valid argument... and they are more anon too, because they can be falsificated easily than bitcoin(if we take in consideration a double spend for falsification) if you are wondering what falsification has to do with anon, i'll explain some criminal can trade false usd for real gbp or other currency, then converting those locally, and no one will know about that with bitcoin you can't do such thing without double spending(which as i said above is kinda like falsification) |
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I wish Bitcoin was Proof of Stake.
it would be better if it was pow/pos, so miner can have their slice and poors can earn something without investing in costly miners at least they would stop calling it ponzi because of the miner controlling the reward, while the other are forced to buy |
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many that were holding money on mtgox, are not even usa citizens, IRS can't do shit to tax those, and many of those live in country were bitcoin is not taxable yet, not regulated at all
i'm not declaring anything for now because in my country is not regulated either, until then bitcoin is not taxable for me, i see it as a stamp collection
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I don't know if the service is good or not, but the point is that even if you ask to some governments they don't know bitcoin and they don't how to tax it, so how does this service know how to tax your bitcoins depending on the country where you are?
i think that if this program is legit(which probably isn't) it work for USA only, where bitcoin are regulated and taxable already but you can apply it for other country if you need to declare your increased income due to bitcoin |
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well today is the day in all countries already
anyway he said something big coming, not a good news is coming, and btw good news are bad for bitcoin, better to hope for nothing or a bad news
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this is due to the continuos difficulty retarget i think, we were at +6% now -2%(probably even more today)
you should blame the price for this
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i'm still shocked about the fact that there are still many people and autorithy, that don't know about the importance of backup, the first thing you do when creating something is "backuping" it
cops failed even before doing the backup, he failed at not being aware of that link, how come in 2015 there are still people that fall in to the usual email virus trap, it should be avoided easily, by scrolling your mouse over the link....
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they would not accept any coins, the transactions will be made via mechanical brain, using radio waves or other forms for long comunication
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if you plan to sell all at once, i don't recommend exchange, because you need id in order to sell such amount, and you will pay taxes for that resulting in a lower net at the end
if you can do it locally(in your zone) is better, or via localbitcoin also
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he could be one of the employer for what we know, and promoting his scam site
there are many newbies doing this lately, in all sections
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what , you through a dedicated server is needed to mine bitcoin , nah , you just need a powerful Gpu , or
Asic hardware that will be more powerful mining bitcoin and also more cheap .
GPU day's are really over for most. Even with cheap electricity you need an asic not a GPU rig. Even if you run at a profit I don't see any way to ROI on a GPU rig anymore. this is true only if he intend to mine bitcoin, otherwise gpu are still good for other coins, you can roi much faster there |
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Yes, I do mean 1 btc=1 dollar.
The workings of the banking system can (and will) drag Bitcoin into submission.
Bitcoin is now an official currency and subject to control. Bitcoin falling off a cliff?
As if they'll let you buy a thousand of their dollars or pounds for ONE Bitcoin.
control of what? the market? the market was always controlled by whales(maybe not when bitcoin started), this isn't a new thing bank are not controlling any bitcoin, just government is holding those coming from criminal activity |
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the point two ruine this pla so badly, because of anon, there is no way to keep it anon and cashing out this enourmous amount, perhaps the only thing you can do is face to face with some very rich guy
for this plan to work with those tree rules, you must have
sold at 1200
sold those coins in one day
sold those coins face to face
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i noticed that some random thread are not counted, can we have a list of those?
i don't want to waste my time on these thread if i'm not payed
It's all listed in the first post. I still encourage you to post there even if it's not paid, if you have something to say. Don't refrain from posting just because you won't be paid for it!yeah sometime i do it, if the argument is really interesting |
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i noticed that some random thread are not counted, can we have a list of those?
i don't want to waste my time on these thread if i'm not payed
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