|
It all depends on one's uses. My kids prefer 100 Yen coins because they can be used in gachapon vending machines in Japan.
|
|
|
|
|
BCH is probably the best play for shorting.
|
|
|
|
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
It's an inaccurate comparison. It's like saying I have difficulty spending Euros or Japanese Yen in the USA. No kidding. You have to exchange it first, just like gold. The difference is that you will likely be able to convert Euros, Yen, or gold to dollars for a long time to come. It's questionable how long you will be able to convert bitcoins to dollars. I think there is no comparing to the gold with the bitcoin because bitcoin has entered the market recently and previously it was gold which was one of the way to transfer the money from one place to other. I have met some person who use to take money in form of gold from one place to another because gold has almost the same price every where in the world but I think, now the bitcoin has taken over that thing but the problem is that it depends more upon the country you are in or the country you are travelling to. Gold lost out a long time ago for funds transfer. It's too heavy and slow to move. You can't fly with it in large amounts without drawing attention to yourself after every airport. What btc has successfully put an end to is transfer packs of fiat currency. Used to, you'd need to move X amount by dividing it up into legal amounts and let people carry it places for you. Risky but effective. No need to do that any more though. |
|
|
|
|
It also has a greater chance of being worth zero. That's not FUD. That's being realistic. I still hold quite a bit of btc and gold (bars; jewelry is for rappers).
|
|
|
|
|
If you have enough capital, really just the $500-$1000 swings are more than enough for you to make a great deal of profit. No need to wait for some pie in the sky bull run.
|
|
|
|
|
I wouldn't say it's a fear, more of a concern. I am concerned about crying babies in the business class lounge.
|
|
|
|
|
What will happen next is what the market dictates. People who would like to take profit now will do so. People who aren't within an acceptable profit range will sit around and hope that the price goes higher.
|
|
|
|
|
Well if it's in bold font, it must be true.
|
|
|
|
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
It's an inaccurate comparison. It's like saying I have difficulty spending Euros or Japanese Yen in the USA. No kidding. You have to exchange it first, just like gold. The difference is that you will likely be able to convert Euros, Yen, or gold to dollars for a long time to come. It's questionable how long you will be able to convert bitcoins to dollars. |
|
|
|
|
It's not a contest. I hold both, for different reasons. That said, if you're betting on burying (in your safety deposit box, not in the ground) 25 kg of gold vs. an equal number of bitcoins, which at present would be around 100 btc, in 20 years, you can be nearly 100% certain that you will still have an equal to or greater value of gold: the only risks are essentially people finding new large gold deposits or your bank being robbed: which nowadays, if they did, the last thing they try to take is hundreds of heavy gold bars. For btc, you might have billions of dollars, millions of dollars, of just a piece of paper or flash drive with your backup keys on it with a value of $0.
|
|
|
|
|
Either you will have a house twice as big as before OR you will be renting an apartment in the poor part of town. I recommend getting good locks if it's the second one.
|
|
|
|
|
On this topic I always advise saving a diverse number of many types of assets for your children. If you put it all into one thing, it could be like saving compact discs or Polaroid shares/stock for your children.
|
|
|
|
Travelling is for those who have a lot of money in their pockets and can afford it.
Of course. That's life. Groceries are only for people who have money in their pockets and can afford it. |
|
|
|
|
I like the 'invested grandma's savings' story better.
|
|
|
|
|
It's like cutting off your hand to buy a baseball glove so you can hopefully become a professional baseball player.
|
|
|
|
|
They will likely try, but thinking a few steps ahead, how would they possibly enforce that?
Americans with large bitcoin holdings would keep their bitcoin in overseas wallets and exchanges. Then, at that point, what you report is essentially on the 'honor system.' Good luck with that.
|
|
|
|
|
In my opinion there is nothing you can do FOR poor people. People are where they are because of natural selection.
|
|
|
|
|
It's simple logic. Who is bitcoin a threat to? It's a threat to the current establishment: the major banking and credit card companies, many of which are American companies with huge political clout. Politicians typically don't look to the greater good when their pockets are being lined by big banking, Visa, Mastercard, etc.
|
|
|
|
|
Of course there is a chance. If the US went through the trouble to establish FATCA (essentially saying, "we don't care about other country's laws... it's US law that rules the financial world") just because they want to reduce the number of Americans who are keeping money overseas and away from the eyes of the US IRS, that is the exact same reason why they would want to stop Americans from keeping money in bitcoins and crypto to again keep it away from the eyes of the US IRS.
|
|
|
|
|
According to Bitcointalk user math, I think he lost $8,000 of his grandma's money.
|
|
|
|
|
Show Posts
