Yeah but the bogeyman backs gold, and so does the abominable snowman. If we're casting votes for which fictional phenomenon is going no to be correct, I'll go with them. The real question is what does Santa Claus think of Bitcoin.  |
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The world seems to be getting more and more in disorder. The order, which existed since the end of the Second World War and the end of the Cold War, seems to disappear more and more after the financial crisis 2008.
Examples of this are the exploding world-wide debts, the decline in globalization and world trade, and increasing compartmentalization (Brexit, China, Trump). Also the rise of extreme parties, like in many European countries, Philipines, Turkey, presumably USA (Trump).
Growing economic and monetary policy problems such as in Venezuela, Brazil, China, India, some African countries, Eurozone ..., plus the upcoming automation and digitalization which will very likely costs million of jobs. It seems that the development just started.
What do you think, what are the consequences of these developments and what will the world look like in 10 years from now?
Decline in globalization? Do you have any stats to back that up? Global trade is ever-increasing. The rise of extreme parties? More extreme than the fascists who plunged the world into global war in the 1940s? Seems you just picked a bunch of anecdotes without much regard for whether they are actually true, then said well the world must be falling apart. Not convincing. |
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My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!
Terminating or rejecting an account is one thing. Stealing all the money in it is another. There's not much that makes sense about this story. There are crucial details missing, like the justification used to seize the money, any documentation received, the failure of the OP to contact bank regulators wherever they are located, etc. |
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^It was the doge coin price at the time of your claim, go back an hour later , it may be up again. Up and down all day today http://preev.com/xdg/usd Yeah, but the table updates with the price of doge. His point is that the table shows one value, and the prize he won was a lesser value. The table and prize should both update in unison based on the current price of doge. |
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investing in oil is good idea .but u should not invest it more than 30 years from now .because 50 percent of the energ resources in the world would depend on renewable resources and the cars would all be electric cars and electric stations would be installed in quite a few place .
the truth is that oil will be in deemand FOREVER. "tesla" is just a HOAX. AND one general reason WHY. Simply cuz oil - is one of the cheapest available energy sources on planet!!!! Really crazy people will base their production businesses, factories, on something more expensive than already existing cheap power sources. One day oil could be replaced even with another cheaper energy source - nuclear. But for obvious reasons not soon. Electric cars could be good for some consumers who dosen't care about their money or, very suggestible by advertising or, motivated by a fashion but that's a niche which will never reach a masses. P.S. Want to go green? go LPG Tesla is a hoax how? Oil is finite. One thing for certain is there will be a day where oil can no longer power the world economy. That may be 70 years in the future, or it may be longer. But a transition to alternative fuel for transportation is eventually necessary. Electricity is the most likely replacement for large-scale energy consumption. Tesla is not a hoax. It's just the first attempt at wide availability for the future of transportation power. |
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how to use this script on freebitco.in to roll 9999 lucky numer
any script that works have tested that script
[SNIP]
?>no work for me its nothing guys any other script that works is really great
I'm not overly literate when it comes to programming, but I doubt you could influence the internal variables of the roll with a script. I can't even say I understand what you're trying to do here. Are you advertising a script that doesn't work? Are you asking for scripts that are supposed to influence what you roll? |
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I was just wondering are there any benefits from registering of your signature referral link, wetsuit? I think I did registered on my own, no ref's and you faucet is kinda low paying... 270 satoshi per hour feels like a huge waste of time. Yes there are chance's for big BTC but how slim are they?  well I try my luck and do the second guess for your mysterious giveaway. Maybe this is some Java applet for roulette table? pVp/2p2 vs Cashier and such? You have to consider that the faucet probably doesn't generate much revenue, so it can't afford to pay out large amounts. The faucet may generate some advertising revenue, but it seems to me that it is mainly a loss-leader for the gambling portion of the site, which generates the bulk of the revenue. This site has one of the best reputations and longest-running payment histories. At the end of the day, it costs zero to use it if you don't gamble, so complaining about the payment rates isn't very productive. |
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Bitcoin is at least one massive economic collapse from reaching a point where it can replace the dollar, but it isn't entirely possible to imagine it actually being able to reach that position either.
Fiat money will always be pushed by the government and they will never want to relinquish their control on the hold they have. If Bitcoin was to ever be in a position like that, you would likely expect for the government to try and secure control forcefully.
In an economic collapse, it's more likely that people abandon bitcoin than embrace it. Bitcoin is volatile and extremely risky. When things are falling apart, people flee risk for traditionally safe investments like gold, silver, and treasuries. This is far more likely than a collapse pushing a volatile and unproven asset into a position of predominance over the USD. |
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Bitcoin is an experiment. Need refers to Bitcoin as to any interesting start on the Internet: can this system change the world, or maybe not. You should understand that investing time and money in new ideas is always a risky enterprise.
Supporters of Bitcoin are considered with this currency just because other users on the Bitcoin market also believe that it has value, like the yen, dollar and other national currencies. But,no country, no state, no national Bank, nothing that can provide the value of Bitcoin but, in fact, investors in Bitcoin. Should start to fall the dollar, as the scene immediately popping up the Federal reserve system. And if you start to fall Bitcoin?
When there's this much money at stake, referring to bitcoin as "an experiment" seems overly reductive. Bitcoin has created millionaires out of thin air. Once that wealth is created, it's much less theoretical or experimental to the people who have it, and they're not likely to do anything to jeopardize it. That's part of what makes bitcoin resistant to change or further innovation, the fear of losing the wealth it has created for the people who are major players in this scene currently. |
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Fiat has been proven to be stable for a longer period of time since we are still using it, maybe I will believe that some investors will transfer their money in bitcoin but not to do away with fiat, they still need fiat as more than 99% in the world population are using FIAT.
Thats why an option to buy bitcoin is for those who has sapre money to do so and for a person who are well aware of internet and cryptocurrency. Still fiat is king, everyday we used it and still it it is needed in daily real life transaction. Even bitcoin is @ $10.00 fiat is still stable and important. And that's will make fiat still worth it and for bitcoins adoption today still we all know that stores are very limited to those who are accepting bitcoins. It won't make fiat worthless even the value of bitcoin will be even higher as $100,000. Because it has been used for many years already and the people is trusting it more rather than bitcoin. Maybe the question that must be answered first is, is bitcoin will hit the value of $100,000 per BTC? That's too unrealistic for now, I do not see in the future that price will happen. If miracle will happen but I double people will be able to sell that amount because I have feeling that when the price hits $10,000 people will be willing to sell their bitcoins for money. I think it is still possible, 5 years ago no one thought that the price will reach $750. With increasing number of users and transactions, certainly no more than 10 years again to reach $10,000. The straight line upwards in price that would require completely ignores slowing growth as market cap increases. Once you sit down and do some basic math, you see how ridiculous that assessment is. In 10 years, there will be 19 million coins in existence, and at $10,000 each, that puts the market cap of bitcoin at $190 billion. Considering the current market cap is $11 billion, that would require bitcoin to grow by roughly $18 billion per year, whereas bitcoin in its entirety is worth only $11 billion currently. That growth rate seems... overly optimistic, to put it mildly. |
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I think oil with keep sliding and not going up anymore since it is a fossil fuel so it should die and be existinct as the dinosaurs.
Does not look like it's happening in the next few decades at the very least. Exactly. At the current rate of usage, we have fossil fuels to last for at least the next 200 years. And remember that there are a lot of regions which are yet to be explored for petroleum (such as the Arctic and the Antarctic). But personally, I believe that we may not need to use fossil fuels for that long. Electric vehicles will replace the gasoline driven ones within a few years time. Stone Age didn't end for the lack of stones On the other hand, if most cars with internal combustion engine get replaced with electric cars eventually, wouldn't that require burning the same fossil fuels (natural gas, before all) at power plants to produce all this huge volume of electric energy required for these cars? Nuclear power plants seem to be not very welcomed across the world (save for China, Russia and maybe a few other countries) while commercial fusion power stations are still a thing of a far too distant future. Producing electric batteries themselves also requires heaps of energy, if I'm not mistaken Perhaps in some areas this is true, however electricity is more efficient in an emissions comparison to oil, even if the electricity comes from fossil fuels. The production of the batteries is a separate issue (may very well create different environmental harm; not just emissions, but lithium production, etc.), but switching to electric vehicles would greatly reduce the CO2 emissions, and further the transition of electricity generation from fossil fuels to cleaner sources. |
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LOL.... the brent crude prices are declining once more, after the talks between Russia and the OPEC failed. These people need to understand that OPEC and Russia no longer have a monopoly on this. Right now, the biggest players are the American frackers.
It's more complicated than that when you have geo-political factors dictating what happens with oil production. The Middle East is awash in regional struggles for supremacy, underwritten by nationalistic and religious struggles by the major players there. Iraq and Iran are more powerful than in years past and less willing to cut production, while Saudi Arabia seems to be desperately clinging its dominant position while fending off ever-increasing budget woes. Along with the posturing going on in the South China Sea, this is the fascinating foreign policy theater currently going on. |
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In 15 years, hmmmm that is a short time the only way that bitcoin is going to replace USD is if there was a major economic crisis and banks wouldn't be able to provide any currency for their customers then the only alternative they will have will be the online payment which is bitcoin, Any one who watched MR Robot will understand what i am talking about  Nowadays, economic crisis can be predicted and government of a certain country where the crisis will came, could do preventive measures, or if they can't do it, they will do something to lessen the effect. When it comes to alternatives, they will consider what is legal first before ending up with bitcoin. Regarding about the dollar, bitcoin will need a very strong force to dethrone it. If economic crisis could be predicted, there would never be economic crises. Look at the housing crash of 2007/2008. It was so large that it caused a worldwide recession, and yet virtually nobody saw it coming. Perhaps some crises can be predicted or surmised by a small percentage of people in each circumstance, but to operate from the assumption that we cannot be blindsided by an economic crisis is to ignore the reality that nearly every one catches the world off guard, otherwise we would have been able to act to minimize its effects. |
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Whether USD, bitcoin, gold, or any other currency or commodity, the thing that gives it value is the confidence that it will be considered valuable by many other people. In this respect, whether you use the USD or bitcoin, the value merely comes down to a confidence game. The USD has value because so many people believe that it does. Similarly, bitcoins have value because there are enough people who believe that they are valuable for them to retain that value. If something catastrophic were to happen to either the USD or btc to cause large numbers of people to lose confidence that those instruments would be considered valuable in the future by large numbers of people, you would see the value of them decline. It all comes back to confidence.
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Bitcoin can't replace fiat just like gold can't replace fiat. Bitcoin will have many uses like a store of value or a way to send money to someone else, or even a method of payment but there will always be a place for a government currency as well.
Gold is a completely different thing than bitcoin, gold is a natural mineral that no one can make themselves, it is not a currency nor it has ever been, but bitcoin is a currency which is made by a person (or a group, not sure) so a currency can replace a currency but a mineral like gold cannot. But still i feel bitcoin cannot replace fiat still as it has a limited amount. I agree with you mate. One of the reason why gold is valuable because it's a mineral that cannot produce or create by human or machine. Bitcoin was created be human and use it as an alternate currency and formed it as in crypto-currency.. and it's value is depends on fiat so that's why it cannot replace the fiat. Bitcoin was designed to mimic the scarcity of gold though. Just because it was man-made, doesn't automatically make it inferior. (It just happens to be because of the other attributes it possesses.) Bitcoin, like gold, cannot just be created infinitely like fiat can. There are limitations in place that cause scarcity so that it retains value (in theory). |
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In fact, gold prices have never been stable. Recently, the price has been slowly but surely declining:  In the last half-year gold lost almost 15% of its value, from $1,366 in this July down to $1,183 per troy ounce today. Some are claiming that gold might eventually drop to 850-650 dollars, though I don't really believe it can fall significantly below the $1,000 mark due to powerful support from the gold bugs around that level... In any case, to think of gold prices as something rock solid has more to do with wishful thinking than harsh reality I would not regard a 2 month period a reasonable investment timeframe as you show in your chart above. I also still believe the fundamentals for gold are very strong in the mid term when you consider world debt, increase in money supply and the turmoil across the globe that feeds gold price.  While I agree with you, don't forget to control for inflation. Gold price in nominal dollars (or whatever currency) over a long period of time neglects the impact of inflation. If nominal price is rising, it could be the underlying asset is appreciating in value, but it could also be that the comparison currency value is eroding due to inflation. A chart controlling for inflation would be more useful when looking at long term gold value trends. |
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On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.
And recently btc went from $1200 to $200. When you're selectively including data points and ignoring the rest, you can make anything look better in a comparison. Gold isn't used to get rich, it's used as a hedge against inflation to protect wealth that's already been accumulated. Bitcoin is worthless in that regard based how volatile it is. |
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yes stay away from them. They'll take your money and they always fever on buyer side. so if you are a seller then stay away from paypal.
Its not right if you follow all rules and regulations they will never take your money I am using for 3 years and never have any problem they need to work with all T&C by different countries Similarly, I've used PayPal for over 10 years, especially to sell stuff on eBay, and I've never had a problem. I've also, though, never tried to use it for any nefarious purposes, so there's been no reason for them to ever suspend my account or confiscate funds. |
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$100,000 is really a big amount of money. If i were you, i will invest half of the money into gambling site or something that have a good prospect and the rest of the money i use it for trading and gambling. I'm sure i can make that money growth with my skills.
With 100k at your disposal you could create your own bitcoin casino instead of investing in one there are risks obviously but if successful you could pull some serious money after a few years. 100k isn't a very large bankroll to attract players to begin with. On top of that, the risk of variance bankrupting you at such a small starting bank is much higher than a casino with a proper bankroll to ride out a hot streak by a big player. |
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I think that no one will refuse from a pair of gold ingots? I'm right?
But not everyone has the money to buy this. That is the main reason that people choose Bitcoin. Gold for those who have a lot of extra money.
its not about having extra money ,bitcoin as an investment is quite easy as you could do that in the comfort of your home,you cannot buy gold as easily as you can purchase bitcoin and that is the main difference The majority of gold "holdings" is in electronic contracts or derivatives, not physical gold. You could therefore buy gold just as easily as bitcoin. A brokerage account isn't any more difficult to set up than an account through coinbase, for example. |
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