Cryptocurrencies in general are in infancy, unlike US dollar with trillions of trillions in circulation you can't really compare the two.
When ever BTC or any other alt coins all combine could have more than $500 billion as the capital then we can actually start to think about replacing them with paper money.
You could combine every crypto together and it wouldn't come close to $500 billion. This number currently stands at $12.1 billion, and 80% of that is BTC, and the other 20% is split among every alt. |
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Results from last week from investment.
Week 37
Safedice +10,501%
BitDice + 1,922%
Cry-g.net + 1,717%
Betking + 0,855%
Poloniex + 0,496%
Moneypot - 0,145%
Is this ten thousand percent? In a week? How is hat possible? That's returning your money more than 100 to 1. |
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i think invest your bitcoin in altcoin because trading is much more better than other investment and i am sure you can get a good profit in huge amount and there is maximum people are earning money in huge amount through trading.
Yeah you are right investing in altcoin and doing trade with bitcoin is more better than investing in gambling as in gambling we face a high risk and mostly peple lose their money because of scam or something else, while in trade we are oir boss with having control on our money. Tell me one gambling site that took investment and run? When you trade on exchange you not have control over your crypto, but your exchange has. And i seen a few exchanges go bust. EveryDice is one. There was another dice site I can't recall the name of, it was run by a Russian guy. Dicebitco.in maybe? If that's not it, it was something close to that. Truth is, there have been a great many investment dice sites that have run with money. I know there are more than these two, I just can't recall the names of them all because they all blend together. |
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The US joining OPEC is counter to its foreign policy objectives in the Middle East, and would require a large degree of centralized planning in the oil market domestically. Those are just two of the simplest reasons the US will never join OPEC.
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I'm using poloniex and it seems to work for me right now. I haven't tried all of those out there, but I have used a few of them and poloniex seems to be the most user friendly so far. No guarantees because we know what happened with mtgox and cryptsy.
And cryptsy had problems long before anyone knew about them. For all we know, Poloniex could have problems no one knows about. There's a long history of btc businesses failing and losing depositor money, and this is a new industry. You're really dealing in faith when dealing with any online bitcoin service. |
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I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.
Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party. You can buy gold through an exchange the same way you can buy bitcoin through an exchange. You don't even have to take physical delivery of the gold, and there are far more ways to buy exposure to gold than bitcoin. I think it would sound odd when you buy gold online or in exchange and you do not get the physical stuff? I think it is the kind of investment that can not be enjoyed. I better buy in my town and buy offline People buying gold seriously aren't buying it to have physical gold, they're buying for investment purposes, like hedging against inflation. For investment purposes like that, physical gold is a nuisance because it has to be secured and is physically heavy, so it is burdensome to move. For those instances, people trade gold futures or gold ETFs or other gold-based paper instruments. |
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100% return in a year may be possible, but it definitely won't be a 'safe' investment.
Think of what rate of interest a bank makes offering a home loan - it will be quite low, but the risk is quite low as well.
Now think of what rate of interest a bank makes on a credit card - it's quite a bit higher because the risk is greater that they can't get their money back in something goes wrong.
Realistically, a bank is making around 20% pa. on credit card lending - if a 'safe' 100% pa. rate of return was available don't you think that the big players would already be doing it?
No investment is a safe one, that's for sure, but trading is probably one of the better (if not the best) investment option. If you're a dedicated and well experienced trader, then you can definitely make a 100% gain in a year if you fully make use of all the price swings. Unless you have any experience with technical analysis, trading might as well be a coin flip. Most people who are "trading" aren't doing anything more than speculating and hoping they're lucky enough to buy lower than it will eventually be. There's no reason to expect that it will be in most cases. These people you are talking about are more gambling than actually trading. There are a lot of these people. One thing they all have in common, is that they mostly blame Bitcoin for being manipulated if the price start to tank heavily. That's not how a real knowledgeable trader works. No, but it's certainly how a gambler works. Bet on something that relies on luck as much as anything else, claim skill if you make money, claim the system is rigged if you lose money. Trading in crypto with the intention of making a profit is about the equivalent of betting on a coin flip. The early adopters were a different story, but once they all made their big money, it made everyone think that all you had to do was trade to be profitable, and that anyone could do it. |
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100% return in a year may be possible, but it definitely won't be a 'safe' investment.
Think of what rate of interest a bank makes offering a home loan - it will be quite low, but the risk is quite low as well.
Now think of what rate of interest a bank makes on a credit card - it's quite a bit higher because the risk is greater that they can't get their money back in something goes wrong.
Realistically, a bank is making around 20% pa. on credit card lending - if a 'safe' 100% pa. rate of return was available don't you think that the big players would already be doing it?
No investment is a safe one, that's for sure, but trading is probably one of the better (if not the best) investment option. If you're a dedicated and well experienced trader, then you can definitely make a 100% gain in a year if you fully make use of all the price swings. Unless you have any experience with technical analysis, trading might as well be a coin flip. Most people who are "trading" aren't doing anything more than speculating and hoping they're lucky enough to buy lower than it will eventually be. There's no reason to expect that it will be in most cases. |
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Damn it! I forgot about the survivor pool. I was trying to make a mental note to join it awhile ago, and then I just completely whiffed on it. So disappointing...
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I think so, yes. Because globalization is definitely occurring at a very fast rate right now, and bitcoin will be the glue that sticks all countries together , in my opinion. Also people will be trying to get out of the fiat currencies they hold right now. They lose faith in their governments after a few economic crises . This will happen, whether sooner or later.
Globalization has been going on long before bitcoin, and bitcoin is by no means necessary for it to continue. You can't even argue that bitcoin would be a safe haven during financial crisis due to its speculative nature. Nobody is going to be investing in a speculative asset, or worse - using it to shelter wealth, when the traditional banking and economic systems are melting down. A global crisis sinks bitcoin and other cryptos faster than fiat. The only thing that might do well is physical safe havens, like gold and silver; things with a long history of holding value. |
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I only invested in poloniex till now and everything went fine. I started lending a week ago so i don't have much experience but i don't think i will have any problems. The only risk is sharp movements in the prices other than that i have no fears.
Im investing my bitcoins as well into poloniex, as i do see the lending here is quite frozen, just some members are really needing the loan, others just request to dump their accounts, i do trust into poloniex, but the bitcoin isnt never safe at any exchange but without a risk the bitcoins wont raise. Yes Poloniex is the most trusted site at a moment, I am not into lending at a moment but I have invested my money in there in some potential altcoins where I am making good profits. Without the speculators in the altcoins, there's probably not much need for the lending function on Poloniex, and as I do lend there currently, I'm thankful for the speculators, as the lending through poloniex is far superior to any kind of investment on any gambling site. |
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I am a trader and I can afford to trust only Poloniex from your list of sites, as I am a part of this site since long time and I am sure they will not scam their investors.
There is outside threats like hacking to, like 2 other sites have happend to them. I think Just-Dice owner dooglus can be trusted alot, he held 50k btc as bankroll in his casino and paid out all when closed btc dice. Betking owner dean has held 5k btc long time. Poloniex i trust also. Many sites has been trusted longer the polo without they have scammed. I think there is alot more then just site you can trust. I have invested on just-dice.com for long until now since clams came and site up. I could say i never have a problem and everything is smooth. Dooglus is the person i trust most in crypto world. I just not like clam anymore I wonder why he got out of btc. Clam is such a bad coin. Not even Doog can elevate it to be worth anything. JD is a good site. The coin they use is just unfortunate. I think the main reason he shut down because he didnt want to hold so much money. Well you can limit deposits or institute many other types of measures to limit the amount of value you're holding in btc. It just seems like moving to CLAM was a disaster. It takes the prestige of the site down somewhat to be dealing in a clown coin like CLAM. |
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Invest in something and accumulate interest over time and collect the profit-that's the best and easiest method to reach your goal
If you say accumulate an interest that means you can continually getting a profit, and I think there is no such investment like that, because in real investment the market is not only moving in one direction, we can also experience some loses but what is important is to be profitable at the end. I can say that there is an investment just like, that you are going to get profit again and again. But that is not applicable with bitcoin. That is only going to be a good way to work on banks. If you know the service that banks do offer with time deposit. For just a short range of time/months you are going to get profit and the higher amount you are going to deposit the bigger interest and profit you can have. Banks give only 1% annually but it is not bad if you have a big deposit in their and also it is the best way to place your money with since bank are more secured one where we can put any huge amount on it, so better a little piece of advice to op he should really think smart and put only those huge amount on banks its because in online world he cannot really earn huge for that but he might gonna lose that all for being scam by those scambugs. If you have a big deposit, it's not the ideal place. 1% is tremendously low, first of all, and if you're not looking for return and just for a safe place to stash your cash, bank deposits are only insured to $250,000, so if the bank fails, anything over that is lost. Treasuries are a much safer place for large quantities of cash because there is no limit that you can safely put there, and the return is about the same or better than the rates you'll get on a bank deposit. |
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It depends on how much you are going to loan ass well and if you are able to pay it back . You should only take a loan if you have to buy something that you really need and if you are able to pay it back.
I think the bank will assess you on how much you can loan from that you will decide on how much you are going to loan. It is more difficult to get loan in bank since they are really checking you paying capability. Though others will easily give you a loan but the interest is too high, in my country there is some people who offer loan and add 20% interest for two months. Yeah and those people are loan sharks; they know exactly what they're doing and they intend to get as much money out of people who are desperate enough to take their loan a possible. They exist in every country throughout the world and a lot of the time they're damn good at their job and getting their pay. Taking a loan from a bank is typically just based on your job and ability to pay interest. If you can do all of that, then most of the time a bank will be open to give you even a small loan. Having a decent credit score is even better. If someone is willing to pay the interest rate, that's the market rate for the loan. Nobody is forcing anyone to borrow money, and there is certainly no shortage of places to borrow from, so competition keeps the rates pretty fluid. If someone is paying a high interest rate, it's because the lender is taking on a big risk by lending money to them. Lending and baking are not charity businesses, nobody should expect them to take on a financial risk without the commensurate potential reward for doing so. |
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I think this is an old thread trying to attract people to sell bitcoins so that they can buy bitcoins to make a good profit if the price of bitcoin will increase again back..
This is just like in trading section that they are saying that there is a big crash so people will sell their holding coins after that the price will redice and they will buy for cheap price so that they can make a profit if the price will increase again back,,
The interest rate is very low at the moment, for example 0.25%. If the increase of interest to 0.5%, that is 100% price rise. That will crash the economy. That's ridiculous. We've been in a super low rate environment for so long that people forget how high rates have been prior to the financial collapse in 2008. And going back to the 1980s, you'll find far higher rates than even what preceded the most recent collapse. It's far more dangerous to maintain this low rate environment because it distorts the economy when the cost of borrowing is near zero. |
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I hope you all remember the last crise in usa. This never end, Just jump, country to country.
Entiry world will be hurt with another big crash.
Saddly, but true
For now we don't know what will happen for the price of bitcoin if there is a big crash or not the bitcoin is unpredictable it is better to follow the flows While the price is increase better to hold so that if there is a big crash you can not lose a lot. or if it will happen you can be still holding your bitcoins because we know that the price will increase again.. back dont sell bitcoin when the price is low. This is normal that there is big crash its always happening year by year.. if you are afraid of a big crash, you can follow my way. I do trade altcoin and every advantage I immediately convert to fiat. This is the best way if a time there was a big crash, because you have to save a lot of advantages of bitcoin in the form of fiat. When usa fall in this crash you can get a huge profit open a short margin in btc/usd. Free money for smart guys If btc is increasing because of an economic collapse that affects the USD, that's not people making money, it's people keeping the same amount of money they had. Everything is denominated in dollars. And that's a moot point anyway, because in an economic collapse, bitcoin is going to collapse along with the dollar. Nobody is going to trust this currency to preserve their wealth in a time of economic turmoil. |
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Certainly there will be a higher number of people that will use bitcoin in the future but i doubt that it will be used by everyone if you ask me, a higher price will stimulate more people to join into the bitcoin world but not everyone will be using by 2022, I suppose.
Not everyone of course because bitcoin is not that popular that all the people are able to use bitcoin, this is only for people with the right knowledge in computer and internet as it is easy for us to comprehend compared to the majority of people who are under the poverty. It's quite possible for someone to build an ecosystem that meshes bitcoin with traditional banking so that payments resemble what most people are already familiar with. This could take the form of debit cards that have direct access to the blockchain, or a vendor that processes debit card transactions and then makes entries to the blockchain. So just because people currently have to be technically proficient to use bitcoin doesn't mean they will always have to be so. |
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While holding bitcoins allows you to sell them at an increase in value. I feel that it is important to remember that making purchases with bitcoin strengthens the economy the bitcoin is based on.
So accrue wealth, yes...but that wealth is nothing without purchases being made.
Save a little...spend a little.
Spending coins is a great incentive for merchants to accept Bitcoin as payment option as they see there is demand for it, but in order to make people spend, there must be enough interesting stuff that you can buy with Bitcoin. People must buy things when they need it, and not make any impulsive purchases just because you have the feeling that you must spend your coins. Yeah buying unnecessary things with bitcoin will not serve the purpose as it will waste your coins, so till you don't find places to buy important things, its better to save them for future. Who cares what the reason is for spending coins? If it's impulsive buying or buying out of need, it makes no difference to the bitcoin ecosystem. If the thesis is that spending coins is good for bitcoin adoption, it makes no difference the reason for the spending. |
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I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.
Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party. You can buy gold through an exchange the same way you can buy bitcoin through an exchange. You don't even have to take physical delivery of the gold, and there are far more ways to buy exposure to gold than bitcoin. |
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I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.
Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party. That's not true at all. If you're buying bitcoin from another person face to face, it doesn't require a third party. Otherwise it requires an exchange, which is a third party, and possibly multiple intermediaries depending on how you're funding your exchange account. |
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