Thanks for support, its nice to see if people appreciate your hard work  |
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If it was me, I'd save about 50%, invest 25% in Bitcoin, and invest 25% in Gold. This is because the 50% you save would be 'safe', but the investment has the potential to grow, or not do so well.
50% is too high given the riskiness of Bitcoin. Most planners recommend 0.5-1% in bitcoins. he said 50% saved not invested in bitcoin, you are looking for 25% and i find 25% about right in bitcoin, but actually i would save only 33% max(50% is too much just for saving), the rest invested in bitcoin and something else(not gold), maybe i'll wait for bitcoin stocks) So what college guy doesnt need to save his hard earned money? Atleast a family guy has 2 incomes of his wife too. But a college guy usually lives on his own income and sometimes gets help from parents, so whatever he can save in those "golden years" its better if he saves it better. I say 15% bitcoin, 15% gold , 50% silver and rest some big stocks that get inflated from QE money. |
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The interesting thing is: As long as people unconsciously use domestic currency to measure value, there will not be inflation. Inflation does not rise following more money supply, more money supply will just make people work more and produce more. This is because in today's society, productivity is almost unlimited, only demand limit the production. When demand was artificially raised by the banks, the production will immediately increase to a point that even more goods than demanded are produced
The Western authorities have been trying to get demand up for almost 7 years now, without much success. The real reason they can't just keep applying and intensifying their stimulative tools (say, more "quantitative easing" or tax cuts or public spending) is that confidence in the money and debt they issue is already fragile. Once confidence collapses (as these propped up assets tend to be stable, until they're not!) the authorities will lose a lot of their power. Low consumer price inflation is helping them walk this tight rope. Confidence in money and debt would be almost impossible to maintain otherwise. Low inflation comes from global and Western domestic inequality. Inequality deprives poorer countries and poorer people of money, so their desire for money makes them want to do a lot of work for low prices or at artificially low exchange rates. But inequality feeds on itself. Inequality means many people will work on frivolous products and services to serve the whims of rich countries and rich people. Once there is any wind of another financial bust (as the system is financially unstable), the rich will readily cut back consumption, and many people will get poorer. So the cycle continues. Since this is socially unstable, some kind of seismic shift has to occur, one way or another, eventually. The last time around, that seismic shift was World War II. Now that major countries all have nuclear weapons, I don't know what will happen. How about freedom? I know its a really untrendy stuff nowadays, but c'mon let's just try it once, i promise nobody will hate it once you get a taste of it. How about we stop paying global banking maffia that print away our wealth, and governments that rob us with all these ever increasing taxes? It's really time to try freedom too |
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Just had a scan though this. Nice helpful guide for new starters getting involved with bitcoin. Will get promoted on my website once it is finished and ready for the public Wow thanks alot, but its not me who should be thanking but the newbies who would be helped by this to keep their bitcoin secure |
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Obviously its not that guy lol. Satoshi is more clever than that to not let traces back to him, although his face and age really confirms everything about him.
Satoshi probably has an IQ of 250 atleast, because bitcoin was way too flawless, the technology itself, so he is not that stupid to let himself be found that easily./
they never said he was tracked (like in a cyber way tracked). most evidence on that "case" is circumstantial, like his name and a few other things. Yea but Dorian Nakamoto is too similar to Satoshi Nakamoto, he just probably picked the entire phonebook , scanned it, and randomized the names so that he would pick a random name from there. He is definitely not that stupid to use any reference to his real name in his pseudoname. Also i dont think he is from Japan, he wants to hide himself very good so, he probably picked a random country too. Japan is a good pick because it has high technology, so it would not seem too strange. It would be funny if he would be from africa or south america, but disguising himself as a totally different character from a different culture, just to fake his identity and not let traces. |
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Hey thanks for this...there was somethings i never thought of...you've done the bitcoin community a service by this book Yep, that was my goal, since i got so much inspiration from the bitcoin community i thought i give it back for free. If you want to thank me you are always welcome to donate, but otherwise its 100% free as my charity. |
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So did anybody read my book? Anyone wants to comment it or give feedback about it  It's only 15 pages don't be lazy its for your own education about bitcoin. Yes i read your E-book and it very well written, i am surprised that its free...can i sell on amazon if your just giving it away ?? The stuff in your book is worth a lot for the knowledge it has... Yes its 100% free, because this is my contribution to the bitcoin community, as a charity. If you want to thank it then just simply donate a few satoshis, there is a donation address at the end of the book or on my profile |
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Obviously its not that guy lol. Satoshi is more clever than that to not let traces back to him, although his face and age really confirms everything about him.
Satoshi probably has an IQ of 250 atleast, because bitcoin was way too flawless, the technology itself, so he is not that stupid to let himself be found that easily./
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It might have been a pump and dump, but it did create utility to the point where almost all majour banks have blockchain technology R&D going on.
blockchain technology are nothing without decentralization, the whole point of blockchain isn't just a digital ledger, i would say to the banks, thanks but no thanks, you can take your centralized blockchain and turn back to fiat bitcoin is still preferably, no point in making a bad copy of it I dont think they would centralize it, but they would definitely make some complicated derivative out of it, which would be so complicately coded, that normal peer-review would not detect it, and so they could hide a ponzi scheme in it. Besides they would instamine it and keep 99% of it between themselves, or just make it with no fixed supply, and a voting system when to issue more of it. So they would do the same thing as now, but with a decentralized system, which is a bit shadily implemented and contructed, to have a bitcoin appeal to it, when in fact it would be a scam. so in the end we will just have a standard altcoin like the one in the altcoin section, but made instead from banks, which are worse than a malicious dev i could see all the shit in the altsection re-made from banks authority(pos, ico, iipo ecc...) Goldman sachs coin or JP Morgan coin? That would be funny really. I can just put my head around how interesting that one would be. |
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I got paid thanks, really quick and easy job and got 5500 satoshi lightning fast,thanks!
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Invested 100.000 satoshi, let's see how it turns out , looks like a very promising investment |
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Man this is a really innovative faucet, i never saw a faucet that has so nice website, i would really recommend this to everybody! |
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if the 30% of bitcoin lost is true then the price, should not go even below 1k, but we are at 200, the price is more related to interest(you can call this adoption) of people in bitcoin than its supply
You have no idea what you're talking about. Read Economics 101 for newbies: http://www.whatiseconomics.org/economics-101I'm not even gonna bother to tell you and provide links to why you're wrong on so many levels. You should rather do it yourself this time instead of making a crazy amount of posts a day. i don't need to read that link, the price speak for itself, the interest(average people interest, not rich guy, talking about the majority of people in the world) is important at least like the supply, supply isn't everything, just because a things is scarse doesn't mean it will be worth more in the future p.s. i'm making tons of posts a day, because i have all the day free Yes but we are not talking about ordinary things. Yes some things fade away as the trend falls but bitcoin is in its genesis right now, this technology is so new, and bitcoin itself as a payment system, that people will want it. Of course not now, but once they awaken that card dealers are thieves charge 4% comission, and bank transfer 10% comission really? As of bitcoin is only 0.0001 BTC (<1 cent) So eventually the more time will pass the more interested people will be. And many card dealers will go bankrupt soon. well yes but this is just a possibility, there is no guarantee that the interest for bitcoin will grow with time, because there are chances that bitcoin will die before reaching that status, or the interest of people shift to another better currency, while bitcoin even with its 21M mined, will remain at $200 dollars price the interest of people is unstable as bitcoin, you know... i don't need to read that link, the price speak for itself, the interest(average people interest, not rich guy, talking about the majority of people in the world) is important at least like the supply, supply isn't everything, just because a things is scarse doesn't mean it will be worth more in the future
p.s. i'm making tons of posts a day, because i have all the day free
I'm actually not surprised that you think that you know what you're talking about without any visible knowledge. Sure, don't educate yourself. You don't need to read, learn, stay ignorant. How about we start pulling more facts and bold statements out of magical hats? Yes, this seems to be the case. Your posts are often rather very contributing. I don't think that the current generation should worry about the supply after 2100. We will most likely not live to see the day. Besides, we have more important things to work on right now. there is nothing to be educate by reading that link, it's a simple fact, you can't take into account only the supply, there are many other variables that influence the price Thats simply not true. If the crypto currencies will survive, and they have no reason not to, govenrments cant shut down every one of them without exposing themselves and creating big controversy. Otherwise there is demand for it, global banking system sucks, so here is a healthy alternative. And until 1 crypto grows, it grows all cryptos, 1 shill-coin can advertise the whole industry by itself, and people will diversify, and since bitcoin is the 1st one it has a pretty good change of succeeding even if a better one comes along, unless some security flaws will be found , no reason why bitcoin would die. |
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if the 30% of bitcoin lost is true then the price, should not go even below 1k, but we are at 200, the price is more related to interest(you can call this adoption) of people in bitcoin than its supply
You have no idea what you're talking about. Read Economics 101 for newbies: http://www.whatiseconomics.org/economics-101I'm not even gonna bother to tell you and provide links to why you're wrong on so many levels. You should rather do it yourself this time instead of making a crazy amount of posts a day. i don't need to read that link, the price speak for itself, the interest(average people interest, not rich guy, talking about the majority of people in the world) is important at least like the supply, supply isn't everything, just because a things is scarse doesn't mean it will be worth more in the future p.s. i'm making tons of posts a day, because i have all the day free Yes but we are not talking about ordinary things. Yes some things fade away as the trend falls but bitcoin is in its genesis right now, this technology is so new, and bitcoin itself as a payment system, that people will want it. Of course not now, but once they awaken that card dealers are thieves charge 4% comission, and bank transfer 10% comission really? As of bitcoin is only 0.0001 BTC (<1 cent) So eventually the more time will pass the more interested people will be. And many card dealers will go bankrupt soon. |
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It might have been a pump and dump, but it did create utility to the point where almost all majour banks have blockchain technology R&D going on.
blockchain technology are nothing without decentralization, the whole point of blockchain isn't just a digital ledger, i would say to the banks, thanks but no thanks, you can take your centralized blockchain and turn back to fiat bitcoin is still preferably, no point in making a bad copy of it I dont think they would centralize it, but they would definitely make some complicated derivative out of it, which would be so complicately coded, that normal peer-review would not detect it, and so they could hide a ponzi scheme in it. Besides they would instamine it and keep 99% of it between themselves, or just make it with no fixed supply, and a voting system when to issue more of it. So they would do the same thing as now, but with a decentralized system, which is a bit shadily implemented and contructed, to have a bitcoin appeal to it, when in fact it would be a scam. |
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Both. Get 24k physical bitcoins for humor value and nostalgia.
Wow now thats original. I wish i could thumb up your post. However that is only gold, you dont own bitcoin that way, just a bitcoin shaped gold coin  |
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Investing in real estate is the most secure way of getting profit in long term. In short term trading with bitcoin get high profit. I think saving money in a bank is the worst thing that can do.  Are you sure, because when the money faucet dries out in the central bank and they can no longer print, all these inflated markets will plunge into oblivion. All the credit ponzi scheme based markets will implode: credit card, student loan, car, housing, medical loan, personal loan. All of them were inflated like a holiday turkey and will plunge really hard. |
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It might have been a pump and dump, but it did create utility to the point where almost all majour banks have blockchain technology R&D going on.
Well i`d rather look forward to bitcoin to suceed, than to let the banksters create another global ponzi scheme they can control and rip us off... |
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Ok guys lemme reveal you a little secret. Go to google trends about bitcoin: https://www.google.com/trends/explore#q=bitcoinAnd you can see how many people have searched for bitcoin in google. The more they search, the higher the price usually goes, as it's directly correlated with the price. At the moment it stabilized, so the price will hover between 200-300$, but when it will start going up, then expect the price of bitcoin to grow. Enjoy  |
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No. If this was the case Satoshi would have dumped his coins and bought his own island by now. That's not to say he wont dump them in the future but there's always the risk.
How do you know Satoshi still holds his coins??? Apparently someone traced the coins thought blockchain.info... even tho its impossible to know because exchange addresses are randomly generated so i dont get it. Can you PM me his Bitcoin addresses, i would be really curious to monitor those coins in case they start moving I want to be prepared |
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