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we cannot tell you whether this is the right time to invest or not, but if you are planning for a long term investment, this could be also a good choice and maybe right time to buy, because we do not know for sure what will really happen and as we can observe from these past years, a lot happened and we cannot deny the fact that bitcoin really gone too far.
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what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
There is only one way to solve it, if your income and assets are really not sufficient to service your debt. You have to restructure it or file for bankruptcy. Bankruptcy might not be suitable in all jurisdictions - you could go to jail in a few countries. If the lenders are understanding enough to give you a payment holiday, you can try to increase your income before repayment starts. i guess this has a point, besides depending on which country you are living, because some countries will let you file bankcruptcy and the worst case to some countries is that you would be in jail. Just be more responsible and if possible for you to pay in small amounts try to fix it using that method, you really need to accept those consequences through your actions. |
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These governments i think only wants to use the blockchain technology to track down and gain control over their peoples money. Decentralization has always been the reason why bitcoin was materialized. With government attempting to incorporate this technology, it only defeats that purpose. To invest in a currency controlled by the government and central banks is really unwise. I hope people will not support these. Trump's action on banning venezuela crypto is a good one. I hope people will see that they're losing their money over things that don't come through. i am still doubted about these actions though, but i am also doubted if is it really a good choice on legalizing bitcoin and as you have said that they want to penetrate the crypto world, or should we say the government wants their hands on cryptocurrency. i really think you have the point, but still what is the point of banning bitcoin, since if it is considered illegal, a lot of us would be at stake right? |
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i think its really a good idea to use social medias in order to promote bitcoin and to boost its popularity, but we all knew that some people will take that opportunity to do evil deeds in order for them to make money, and as of now because of the booming popularity of social media, it could be more easy to advertise or take advantage to the current situation to promote bitcoin and other crypto related stuffs.
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I do not believe that regulation will cover that we all have to declare exactly how much Bitcoins we each own.
Right. You only have to declare how much bitcoins you have if you need to pay your taxes from the amount of bitcoins you sold (this depends on the country you live in because not all countries tax bitcoin). In my country our government regulates the bitcoin exchanges here for more than a year now but we there's no statement about taxing bitcoin. With regulation this can help stop users who plan to use the coins for doing shady,illegal,scammy things like trading drugs guns etc. yes its true and i agree with what you are trying to point out, and besides it doesn't mean that this might be a hindrance and i don't think it so too. declaring your asset would also be a risk but could also be for your benefit, not because they will be the ones monitoring each and every transaction you will do but for some reasons you have said it would be much wiser than being accused by false statements right? because it might come to the point that they might accuse you, hopefully not. |
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As you know if you follow this forum you can get Bitcoin through social media like fb, yt, etc. the method to get bitcoin through it, you must follow the campaigns that are offered in this forum but not all campaigns pay in Bitcoin.
exactly if you know how to follow the rules and also regulations here in this forum you can actually earn bitcoin, there are lots of opportunities be given to you here in bitcoin if you know how to review and also research the important details be given in any discussions. |
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It is easy for people to sell bitcoin because they think bitcoin has come to its own psychological level and think bitcoin is expensive and not suitable for holding.
yes you have a point, but i think for some reason why do people sell there bitcoin it's because of the financial problem and our daily needs is very expensive as of now, that's why they sell it in order to finance not only for thereselves but also to there family. |
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Yeah I first heard / read about Bitcoin from a newspaper article and then around a year later a friend sent me one of my first bitcoins
at first i thought that bitcoin is a scam because you can earn without any profit? How it might happen? but i was very curious what is bitcoin all about and how is it actually doing, and then i found out that you can actually earn here base on your knowledge and also your skills. |
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Because in bitcoin investment you would get quick and higher profit. If you invest in stocks/shares, it is unlikely that you would get such a high profit.
The answer is simple bitcoin provides more profit than stocks or shares. Bitcoin the value for your investment multiples by two or three times in a short span of time, but in conventional share or stock business very difficult to achieve profit range to wider extent that's why to chose bitcoin. as far as i am concern either stocks/shares and bitcoin investments or tradings can bring profits, the only problem with stocks is that it really needs a longer time or it takes a long time for you to earn big enough, unlike in bitcoin, that there are so many options for you to earn instantly, but the risk of losing instantly is great. |
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well i guess another fork will going to be happening this december, anyway some of us here hates the idea of fork, but for me it would also be grateful if you can share further ideas about this upcoming fork.
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if it will happen then its wrong to say that i wont be happy by that amount, but if wont then lets just say maybe someday. By my own prediction around 2020, it will rise high but maybe not as much as $1m, maybe around $200k or so.
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I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?
Great work. Patience is the key to good trading profit. Better be sharp, drops are fast to recover because many wanted to buy at a low cost. So in every dump, it's eaten up by users fast. Analyze the charts very well. Keep on waiting to sell at high and buy when it seems to be already starting to recover. Sometimes it's hard to be accurate. Totally agree, And there are some fork like superbtc make people keep hold btc. The fork that come in this december and in the year 2018 is only unofficial theres a tendency a small dump happen or maybe more its so really hard to tell what will happen to bitcoin but Im sure bitcoin is unstoppable right now if you really want to make profit so be sure to buy bitcoin and hold for a long term. yes that is actually right, although bitcoin is unstoppable right now, you can expect dumps but not that really great dumps. even as now it is still sitting at a high price so its hard also to determine whether it will dump continuosly or it will rise again and create another ATH. |
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if that's the case then why wouldn't you use cash directly, rather than what you have said and it will only trigger the price of bitcoin to go down, and as of now bitcoin is not a good currency for day to day transactions, but i am also doubting that they will store bitcoins for the future.
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Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.   I think in terms of usability is not much different. ie as a medium of exchange. It's just that electronic money is always changing its value and very easy to use in transacting online. But for daily transactions I prefer to use physical money. The price of physical money is more stable Of course, it is a medium of exchange and as long as both are being used by different set of people, they will still be serving the same purpose and will both be in use. The thing is, electronic money sounds more like an easy to use form of money for those in the tech savvy or close to tech savvy set of people. While we have some group who do not even have the strength of adapting to technology, it would be hard to just drop physical money as a form of exchange. The only difference here is one can easily be used across borders and also serve as an asset that is not being controlled while the other is not. I agree they're still both in use even it is different mode of money because money is the main reason why we are working and seeking for a extra income, so that we can survive to live in our world. And about electronic money or digital money is definitely easily to use for those tech savvy like us. That's why we are here because we know how to earn and handle about digital money. both are being used as of now, and i don't think total elimination to either one of them would be that easy. basically there is no comparison between those two, they had different features which made them special in a unique way, that is also having both can be advantage for you when the time comes. physical money is what we already commonly known and been used since then, digital money are for less hassle transactions, and digital transactions. |
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Why use Bitcoins ?
I keep seeing threads on “why don't people” ? The real question to me is Why would they ?
-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.
I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.
I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.
Greed, pure and simple. or at least "profit motivation". It used to be a lot harder to purchase bitcoins. besides lbc, you usually had to wait a few days to get your coins, when the price was even more volatile that it is currently. now its pretty much instant, and hassle free (coinbase integrates with ones bank account easier than I can send funds to an exchange to trade real stocks). I think that because of this very convenient liquidity, more folks are able to get in and attempt to chase the dragon. before, you had to understand the ecosystem in order to operate. now, and this is a good thing, we have made such steps toward user friendliness that its approachable enough for even grandma to buy some coins It is really an advantage to get in touch with bitcoin because the opportunity to make more money with bitcoin is just simple because you just need to buy bitcoin and keep it as a long term investment and after a few years then you can see your earnings that are bigger than the usual investment which is the result of the price appreciation of bitcoin. nobody is forcing people to use bitcoin, besides why would they force people to use it? its just because they see great potential, other than that because they want to earn and few are because of the price that is extremely high for now. each of us have different reasons why we choose bitcoin, but obviously most of us here wants to earn. |
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Absolutely yes, as of this writing, Bitcoin fires back into $13,000 peak. This is really insane increase when it will increase forever, a thousand dollars a day is insane.
Right now, bitcoin is back on its price, $9000 per bitcoin, but not exactly $9K, it is ranging from $9K plus. Lucky for those who sold their bitcoins when the price is over $11000 per bitcoin, I bet they buy back right now because it is the right time to do that to have profits on the next PUMP, I missed to sold my bitcoin so I'm just waiting for the next PUMP. exactly. most of the times, bitcoin traders are just waiting for tge next wave, and i bet they are already gaining big amounts from the previous pump happened, we have to be aware that bitcoin will not stay from its price, most of the times it increase, and there's a time also that it will go down for a while. |
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Can i get bitcoins without mining?
sorry mate to say this question ie very nonsense bitcoin without mining its impossible because mining is the main source of bitcoin, without mining there no bitcoin distribute for every user. yes i think i agree with you, but maybe his point is that, will he be able to get bitcoin without mining, if it is that so, he can also try top buy bitcoins like the others suggested above, or even try offering services like what most of the people doing here, or in short its working and the payment would be bitcoins or other reward as tokens and other stuffs. |
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hello i am just confused to why i didn't receive any stakes for the second week of signature campaign? thank you.
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Governments can easily legalize bitcoin by passing a law, but I think it would be difficult for them to control bitcoin transacctions since bitcoin is anonymous. For users it would be clarifying in order to change bitcoin to fiat, but if the network can function by itself and make transacctions p2p I don't see what the role of states will be and what justification they can invent to tax activities.
Actually this is main reason. Governments know better what the advantages bitcoin is carrying along are but they only waiting for the time that may be in upcoming future bitcoin’s feature i.e. decentralized would be changed and all these governments can control the yes and no of bitcoin. But we hope a time come in near future when all this happens and we would be enjoying the perks. you also have a point, and it seems that it is actually true, but it could be no also. the big participation of the government and the most positive way to help bitcoin grow is by legalizing and actually accepting it as another method of payment, but as usual it will take too long before it will happen, besides there are lots of hindrances before they can pass a law and start to debate if it will be finalized or not. |
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the title is a bit misleading to what's inside your thread. well people will talk to it no matter what you do, just let them say what they want, anyways if its going to happen then it will happen, and i don't think banks are scared of bitcoin, as far as I am concerned, it is the people that will be using bitcoin are most scarier i think, unlike fiats that can be monitored or tracked when somethings fishy happening, bitcoin is hard to track down those users.
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