So what I've been wondering about, without having fiat on the exchanges, how can you layer automatic buys? Is there a way to set up limit buys directly from a checking account? I'm assuming you basically can't, but just checking in case I'm missing something.
|
|
|
Don't stop until you earn money. Bitcoin has the potential to be more stable in the future.
|
|
|
Correct me if I'm wrong, but in order for something to be a currency, people actually need to spend it. NOBODY spends btc right now. People just buy it with fiat currency and assume it will increase in value so they can sell it for more fiat currency. Bitcoin is the opposite of a currency in that people do not use it to buy anything and in order to use it in 99.9% of the real world, it must be converted into fiat currency.
|
|
|
Well you can't spend it anywhere just like cash, but you can spend it anywhere that has giftcards.
Not as good as cash, but better than before.
|
|
|
Even though BTC's are accepted by all the merchants that geek/nerd in the purple shirt says it is, those merchants eventually convert those BTC's to $. The day that corporate budgets are made up and denominated in BTC's is the day bitcoin can be taken seriously and considered to have legitimate intrinsic value.
|
|
|
Very helpful in times of emergency like me I used it for my payment for my studies. And it is also nice if you can able to determine what is real emergency or not just to not expending your bitcoin with not important things.
|
|
|
How many people are ignorant that lawful money was the first non fiat currency law for money and legal tender are not the same thing but they're on the same piece of paper the other side of a dollar bill shows you lawful currency or legal tender each side is a different contract how you sign your payroll check determines whether you incurred income tax or not
|
|
|
Someday our kids and Grandchildren will ask us why we did not buy bitcoin when it was only 5K. Much like they ask us now why we didn't buy land at 200 an acre ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
Bitcoin is real money because we have to pay a ton of money to mine it! It’s expensive to mine so that makes it legit.
|
|
|
Once you learn about passive income, its extremely hard to continue working and trading your time for money. It will be in the back of your mind every hour you work. That is unless you are a very stubborn person! I will say this, I love my job. I don't make a lot of money and I don't care about getting rich. However, at the end of this I do invest in stocks, mostly dividends (passive income). I have multiple reason why I do it. I invest only small amounts into the stock market. I have no debt outside my mortgage. I don't live frugal, but I never overspend also.
|
|
|
People need to take more personal responsibility for their own lives. We wouldn't need as much regulation if people would regulate themselves. No-one can influence me so the answer is no, FB has not influenced me in any of my crypto activity including decisions.
|
|
|
its becoming more available to use on mainstream things, just look up the list of companies that accept Bitcoin, its quite long. It would have been more accurate to say Bitcoin is the most common currency on the black market (In first world countries), not that Bitcoin is mostly used on the black market.
|
|
|
People get hung up on the bitcoin = money side of things, still thinking in traditional fiat terms. I think the vast majority of people have not yet grasped the power of blockchain technology, not seen in the light of being a currency but a system for the exchange of mutual consent, trust and common goals across all borders.
|
|
|
Bitcoin didn't split, BCH is an altcoin clone of bitcoin and it's creators are fraudulently claiming it's real bitcoin. You cannot change the bitcoin protocol without majority miner consensus. The BCH chain was created by a small minority of rogue miners that didn't want to wait for consensus and started mining a new chain with a blocksize increase that is rejected by the original BTC protocol.
|
|
|
BTC is still the daddy. Sure they could try again but this will just accelerate BTCs timeline for upscaling. This failed coup has only strengthened BTCs position and proved its resilience.
|
|
|
The whole idea for bitcoin is to replace the USD/FIAT Money in the end. I know its a tough concept but we shouldn't even think in dollar value anymore really once you're in crypto land. Also, to HODL sounds great in theory but it also devalues everything. Its like sitting on gold without moving it one inch. Economies cant' grow strong from that. If everyone decided to just actually buy goods and services even with just 1% of their holdings, the crypto economy would start to grow much stronger and faster in terms of value.
|
|
|
It is risky holding large amounts of bitcoin, or any crypto for that matter because of the large players in the game at the moment, I see orders in the books of 5 million dollars evaporate in seconds then come back as walls, indicating one person is holding these amounts. My advice is to day trade these currencies, taking advantage of the wild swings. Huge profits to be made on inexperienced traders in crypto.
|
|
|
Here's how you can tell that Bitcoin is worthless. Try to buy something with it. Try to buy something with all those millions of dollars that you've made it in your Bitcoin. It has no Market of exchange value. That means you can't buy anything with it. Can you buy a house? How about a car? How about some food? How about a striptease? Can you go to a bar near and buy a drink with your Bitcoin?. Anybody who would buy Bitcoin did not ask basic questions. What backs it who accepts it for payment. Nothing backs Bitcoin except for computer algorithms which is not anything. And virtually nobody accepts Bitcoin. So if you had one trillion dollars in Bitcoin it wouldn't be worth one Monopoly money note
|
|
|
If the government doesn't recognize Bitcoin as a legitimate currency then I don't recognize Bitcoin capital gains to be a taxable income.
|
|
|
Volatility isn't a problem, it's a solution! This is one trade you can execute without a broker, 1% fee, 24/7. Currency trading using Bitcoin is so easy compared to Forex.
This weekend Bitcoin tested and busted $460.00. Using my USD wallet and my Bitcoin wallet, I just kept taking $5 and $10 profits. Yes, with a Bitcoin Wallet and a USD wallet, you can trade for a 1% fee. Just remember, sell into strength, buy into weakness.
|
|
|
|