Bitcoin Forum
June 22, 2024, 02:40:51 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 »
221  Economy / Speculation / Re: Do you think should invest in BITCOIN now? on: September 01, 2018, 11:54:30 PM
There sure was better moments to invest in Bitcoin, when price was much lower. However I believe that it still is good time to invest on this crypto, the price will definitely increase in the future, it already started to go up, moved from that 6+ thousand...
222  Economy / Speculation / Re: Are you still holding when market price falls abnormally? on: September 01, 2018, 11:19:51 PM
There's amount of bitcoin that I decided to hold no matter what and that means that I could lose all the cash that I invested but never mind, little bit of gambling mode but It's just something that I decided to do. I think that value will rise in the future and generally I am not worried. But it is real question how people that invested big cash in Bitcoin deals with it. It can't be pleasant, that's for sure.
223  Economy / Economics / Re: Why we must study Economics at University? on: September 01, 2018, 10:56:41 PM
On university you have possibility to learn everything about that section. Without going on university you can also develop skills and gain required knowledge but you would have to be gifted for economy so you could be successful on that field.
I am partly interested in economy because it is part of everything that is happening in the world and I like to be in touch with it.
224  Economy / Economics / Re: Reason we pay taxes and why we should on: September 01, 2018, 09:04:11 PM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
People should pay taxes for the reasons that you applied, no arguing about that but I still have problem to deal with it. There is so much space to manipulate, I wouldn't have problem to accept taxing with smile on my face if all the expenses, projects that OUR money are used for are transparent so we could see how the government manage those funds. I am sure that they are harvesting more than is necessary.
225  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: September 01, 2018, 06:20:54 PM
I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.

Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.

Example:

Profit for gold and silver for year 2016 is 12%.

Profit for gold and silver for year 2017 is 0%

Profit for gold and silver for year 2018 is 8%

Profit for gold and silver for year 2019 is 16%

So average profit for 4 years is +9%


How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
Where this projection for  2019 came from?.. Anyway, I think that it has to be much safer to invest in gold or silver(they are in your possession physically) but if you decide to place your funds in strong renowned bank, then there is no much difference. Only thing that is different is income of profit, by this data here it is slightly better to invest in these precious metals.
226  Bitcoin / Bitcoin Discussion / Re: Looks like Bitcoin is a news right now. on: August 31, 2018, 10:27:14 PM
Many people have invested in Bitcoin, many decided to mine, to try to trade...  I think that last year was the reason for bigger increase of interest about this crypto currency. There was so much news, articles that talked about big growth in price of Bitcoin. People saw, they liked it and began to dream big dreams; luxury, good retirement fond, all nice things. Something like that.
227  Economy / Economics / Re: Which one do you prefer?Increase your Bitcoin or ِDollar? on: August 30, 2018, 09:40:55 PM
Since I am always low on cash I do prefer to gather dollars more than coins. I would like to increase amount of Bitcoin as well but current situation doesn't allow me. Hope that it will change soon in the future so I could increase some small amount of btc that I already have, that I intend to hold for future benefits.
228  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: August 30, 2018, 07:13:07 PM
Of all the content that we can find online/offline this post of yours was most correct that I found. Considering the time when have writing about this, with all the explanations that you gave... Well done man.
Now, I don't know if we reached the end. I am still investigating some of my funds in Bitcoin. I don't feel like an idiot but than again, who knows, maybe i will be. The time will tell  Smiley
229  Alternate cryptocurrencies / Altcoin Discussion / Re: How to make cash without investing? on: August 26, 2018, 07:50:06 PM
You can earn coins by participating bounty campaigns for example but you will have to be patient.  Some time need to pass until you get a thousand dollars cause your rank is junior member. The higher member status, the bigger amount of stakes you will receive.
230  Economy / Trading Discussion / Re: Does holding long term can be worthy despite of unpredictable market? on: August 26, 2018, 06:48:09 PM
Everyone that is holding coins on long term saving have a goal, a price that want to reach. For all those that believe that value will increase someday in the future staying calm is the most important thing. If there is no need to withdraw the funds that are invested in this project, even better. Stay calm.
231  Economy / Trading Discussion / Re: what profit do you need to close the long position? on: August 26, 2018, 05:49:14 PM
I am on the same page here with you. 300% growth is some minimum, something between 700% and 800% would be ideal for closing the position in long-term holding conditions. Even if that kinda growth could happened in the future or it's just fairytale of mine, it's my projected goal.
232  Economy / Economics / Re: how to save money? on: August 25, 2018, 11:06:56 PM
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?
My suggestion is to make an effort to earn more so you could save some of it. Otherwise it has no point. Maybe some steps could be added to this list, maybe not but in my case it wouldn't change a lot, my incomes are just not big enough so i could save some part of it.
233  Bitcoin / Bitcoin Discussion / Re: Bitcoin online payments on: August 25, 2018, 07:58:05 PM
As soon as websites see it as a need. If there are often requests from users I am sure that website could consider to importing Bitcoin as payment service and frankly I don't think that it's the case right now. There's another problem here, price is pretty unstable I don't think that people would like to receive undefined payment.
234  Bitcoin / Bitcoin Discussion / Re: Bitcoin [BTC] now accepted for bail at Federal Court on: August 24, 2018, 10:57:01 PM
https://ambcrypto.com/bitcoin-btc-now-accepted-for-bail-at-federal-court/

Bitcoin is really going mainstream now. Even a federal court is already asking payments for bitcoin or any other crypto as bail. Is this news really legitimate or just another fake one just to at least ease our minds of what's happening recently to the crypto market. Hope this adoption of crypto even in federal courts will show great performance when it comes to the crypto market. So for all of those guys who have qualms about the situation of the market right now specially the dips of bitcoin, we just have to chill and relax then wait for the bull run soon.

What are your thoughts on this? Will this create great impact to bitcoin's value? Share your thoughts.

Reading through this point to a direction for me that its more of getting him to court than legalising crypto currency as rightly pointed out in the article because for someone who could do a fraction of the charges he is accused of, he surely would have opted to keep it in crypto rather than keeping it in the bank and the judge understanding the importance of asking someone to give what he does not have. In the spirit of justice, its better he is being ask to pay for his bail in what he claims to have his asset in.

This is also going to open him up in the long run because from the wallet its coming from, how much value of bitcoin does he have? What does he do to have that huge amount to claim his innocence on the charge? and some other questions that would be answered in the course of the trial either way, they are looking out for every way to further "nail him to the cross".
Exactly. This measure is to get him to the court, as it says in article. The judge is familiar with the case, off course, and most probably in consultation with district attorney she or they came up with that order.

However it still didn't happened and i don't think that will. We can say more about this topic if and when it actually happens.
235  Alternate cryptocurrencies / Altcoin Discussion / Re: We trust in crypto! on: August 24, 2018, 05:19:11 PM
Crypto will be popular as long as people are interested on it, as long as they have benefits of it. It might replace fiat money in the future but powerful people will make decision about that. I don't have any idea when that might happen but i think that it will not happen soon.
236  Economy / Trading Discussion / Re: How to get rid of emotions when trading on: August 24, 2018, 02:11:28 AM
Sometimes we are more nervous, full of some negative energy and that reflects on our behavior. Whether we are waiting in the line in shop, find ourselves in a traffic jam, playing poker, trading... we will make decisions and react the way we feel at that moment. Tilt is the worst thing that could happen to anyone trading and it is very hard to avoid that whole scenario where you are losing and losing and repeating all in a loop.
Only thing that works for me is taking a break. I think that most important thing is to recognize the moment where you are not yourself and not even starting with trading because it is very difficult to stop when you are tilting. It just drive you around and you become aware of it when damage was already done. Recognize your energy and skip trading until you get calm.
237  Economy / Speculation / Re: Recent bullish Bitcoin price predictions on: August 23, 2018, 09:50:47 PM
They all have their methods of work and those predictions are results of research and analysis. I just wonder, how can they be so different one from another? Those who predicted 250k, one million, they are basing their on what? What info do they have, must be they know something that others don't...  Cheesy
People can get lost in the sea of predictions, hoping of the best case scenario to happen.
238  Economy / Economics / Re: Starting With Nothing in Bitcoin on: August 22, 2018, 10:59:21 PM
Being born poor is maybe better starting position. If they want to get rich(stop being poor) they will push harder, will have stronger desire for it. Those who was born rich usually do not become richer, instead they are pretty good in spending mothers, fathers money.
To start with smaller, baby steps is theoretically good advise, but it is doable for younger people that has time for steady long-term growth and for those that are people with really strong character. Not everyone can remain calm and stay into the system.
Dreams are most important, as you said, for every person in the planet. Again, I believe that we all have dreams but I could bet on it that very few are living their ones.
I like everything that you said and i agree with it(especially that part about control in your conclusion) but our individuality will determine our path and success or failure. Every man(woman) is a universe for itself and that's why we could never take your great advise as some kind of a pattern and turn it to something good.
239  Bitcoin / Bitcoin Discussion / Re: I bought bitcoin at $20k last year on: August 22, 2018, 10:14:02 PM
Frankly I would afraid to buy Bitcoin or any altcoin in that moment, value was really high and was growing very fast. Friends around me were super excited, talking about crypto currency even bigger growth but I was kinda stunned by current situation. I didn't expect this kind of down price but, since I didn't know what we can expect, I decided to wait and just observe.
What can I say... Bad move. Nobody could tell what will happen but you made a decision and that's it. Regretting will not give you any good, what happened, happened. Try not to make same mistake in the future.
240  Bitcoin / Bitcoin Discussion / Re: Samsung says that smartphones are the safest way to store cryptocurrencies on: August 19, 2018, 11:48:49 PM
I do like the article. Samsung is maybe company that is doing the most to create telephone suitable for majority, to satisfy all the needs of average user and always being innovative. It is explained good but I still am not a hundred percent sure in device security. Beside that, it is not impossible to lose a phone, it can happen to most carefully person. At the end, I am totally okay to storage mine on desktop for now. When btc and alt coins became a worldwide excepted as a regular source of payment, I will buy one, just for everyday needs.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!