I just want to buy a house a sports car an have a solid income. I think as how much i invested in bitcoin i can earn that in a few years when it will be mainstream.
Of course i`ll continue to invest until old age, i dont really trust government retirement ponzi schemes, so i have to make my own income.
Government only give in form of pension as it thinks is necessary for your survival. It will not cover the luxuries you are talking about. For that you will have to have a solid source of income. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc. Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest. Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements. Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small. many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure... but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that... But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits. But in countries like India, Banks are giving 7-10% annual interest rate depending upon the amount, bank and maturity tenure. So that's not very bad compare to what you are refereeing to. |
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Why do you think gold will get rarer with time? It doesn't age, its production is pretty consistent through years (actually, slowly increasing). If you say that there are more people on the planet and thus less gold per capita, then you should take into consideration actual demand for it (meaning that even if it does become rarer, there maybe still less demand for it nevertheless)...
A significant portion of the gold produced is bought by central banks and institutions which do not intend to resell them. This gold is effectively removed from the market. Once gold production decreases (it eventually will, when existing gold mines run out of gold), there will be an imbalance in demand-supply. There will be demand for gold from jewellers and from people who don't trust central banks (and bitcoins.  ) To say that gold will become rarer since gold mines will run out of gold one day seems to me wishful thinking of the same kind that bitcoin will hit 1 million dollar mark another day. It may indeed happen, but personally I wouldn't hope for that (meaning that such a possibility wouldn't in the least affect my economic decisions)... Why did they not run out of gold some fifty years ago already? Because there is still so much of Gold available to fulfill the world demand. And anyway the 50 years back Gold was not that much in demand. In the last 20 years, there was a steep demand. Ironically, exactly 50 years ago (that is in 1965) the president of France Charles de Gaulle demanded the US to exchange France's dollar reserves for gold at the official exchange rate (which considerably depleted the US gold reserves). This ultimately led to Richard Nixon declaring the end of the convertibility of the dollar to gold in 1971... Are you still going to argue that there was not that much demand for physical gold back then? Oh I didn't know that. But yes I will still stick to my point. I was actually talking about Gold demand from General public. Now a days, everyone wants to do some investment in form of Gold. |
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........
Its democracy, what did you expected. Every idiot who can put a stamp on a piece of paper can project his own insecurity and foolishness onto the other people, therefore every democracy will fail as a result. You know my guess is that every fucking democracy on earn will end up leftist/socialist, because the ever growing debt thats accumulated by bribing voters, will result in a perpetual tax increase to pay off the interest on the bonds. You underestimate the intelligence of people.  In this globalized world, people can look at different countries and see how capitalist / socialist economies have fared. One of the reasons why communist regimes collapsed is that people realized life in capitalist countries was much better. I`m not communist bro, i`m voluntaryst/libertarian like Mike. I`m against democracy because it's just another scam of the tyrants to fool people into subjugating their individuality before the collective. The tyrants always like to pull up mirages before their slaves to make them think they are free, when they are obviously not. Democracy is one of them. It's very far from freedom. For freedom to be achieved the collective must be dismantled. You see, democracy is the best mirage among all the mirage. That's why most countries are moving towards it. Even, look at the Middle East Spring...they all are running for it. |
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Yeah, most people don't realize they can easily city out 10-20% by getting rid of additional expenses/impulse buys. Skip the $4 cup of coffee every day. Don't grab a bag of chips, smokes and a soda every time you get gas, drink water when you go out to eat, change you cable/phone plan (do you even need cable these days???), etc. Cutting your expenses should be your first goal .
Yea i dont drink coffe, i rarely eat chips, i dont smoke, and i dont have a car. I live on pretty small amounts of money, and i save the rest in my bank account and other investments, trying to shift myself into bitcoin more. I also dont have debt and never had any. I dont use credit card nor other fraudulent items. Then you must be a saint That's really surprising to see such a person on internet. |
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@Amph Where did you see it was a rumor? Did a quick search and found nothing.
@GreenStox I know of cases like Ireland where the result not to enter the union wasn't accepted. And they repeated the referendum until they got the result they wanted. And I know of cases like Greece and the fear mongering against Syriza. But didn't hear of voting fraud. Do you have sources for that? Not that this referendum is binding anyway. But still significant if it isn't only a rumor.
Even Stalin said that its not who votes that counts its who counts the votes. Democracy is a joke really. The only power you (think) you have is voting, but even that is covered with frauds and deception. So really c`mon people you must realize that democracy is just another form of mirage and scam the tyrants use to keep their slaves in-line. If not democracy then what will be the best model? Tell us dear. May be Dictatorship? |
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When consumption comprises 70% of the US economy, economists and the government view savings as extremely negative. They actively try to get every American to spend every dollar they have. It's one of the great moral bankruptcies of economists and the US government. They encourage people to be in a situation where "retirement" means a cardboard box and dog food.
That's what now a days every country is trying. They want their people spend to every single penny they have. So that there will be more spending, so more manufacturing, more growth. |
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If Greece leaves the Euro zone, that would make the Euro stronger, and that may happen.
Greece's exit from the Euro—if it happens—can bring a host of troubles upon Greece and Europe, but scenarios for a rosy outcome are much less likely. The euro model have not been created to last forever. First they create that, then they overuse the benefit of the system and then they look for a new system. The whole Europe except a few countries will be on Greece's footpath. |
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Although a stronger PLN may extend the period of deflation, a turning point has been reached in the deflationary cycle that began in August 2014. The CPI bottomed out in February, and after increasing in March, and it will likely gradually increase in the forthcoming months, turning positive again by the end of Q4 15. The central bank expects deflation to come in at -0.5% yoy at the end of 2015. The Ministry of Finance expects the country to exit deflation sooner than the central bank is forecasting. It is possible, however, that a stronger PLN and volatile oil prices create uncertainty around the ministry's expectation. "In its recent World Economic Outlook, the International Monetary Fund forecast Poland's CPI to accelerate to 0.4% yoy at the end of this year. In our opinion, it will instead be in the range of 0.1-0.3%", said Societe Generale in a report on Thursday (Source: www.fxwirebeat.com/news) No I don't think so. Poland is going to take much more time that we all are thinking. Btw which report you are referring to? |
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Bitcoin is the Yahoo of digital currency. The AOL. The Compuserve. The dial-up modem plugged into a landline.
That there are now thousands of these Bitcoins hiding all over creation, and the world is actually providing goods and services for these Bitcoins (meaning they are officially "currency") presents a challenge to entities interested in MONEY.
Never forget: MONEY=FREEDOM.
If Bitcoin was bound for the price of $1000, or $10,000 in the year 2140, it would be there NOW.
Bitcoin is a magnificent model for a worldwide digital currency that will soon be replaced and "mined" by the likes of IBM, the Bank of England, the Federal Reserve and other multi-billion dollar entities.
Every Yahoo has it's Google.
It may be true in the IT department and in general business things are not that simple as there are not always better choice to follow. People in bitcoin world are just being extremely wavering. They know that bitcoin is something to follow but from the other side they refuse to fully back it up. That is just problem of our decentralized bitcoin society. IT industry and others are just afraid because they don't want to be in a mess if something happen with Bitcoin. It still has no legal backing. |
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I think that basically there is not enough depth market for that huge amount of bitcoin
But he could create an auction and he would probably sell them.
Just disgressing,nobody has 1million bitcoin, not even satoshi
people like to think he has 1 million bitcoin as that is super exciting. satoshi could have dumped his coins at much better price ranges. but then again, i don't believe he has as it would make him less anonymous. No one is sure how many Bitcoin he might be having but he has created it not for public service. But does anyone have any idea what is the total number of Bitcoin present right now all over the world? |
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great project
I wonder how to ensure the safety of pool's money , are there some kinds of multisig or precautions to prevent the pool keeper takes all bitcoins run away like evolution ?
That will the most difficult task because no one can trust other person so it will be very difficult to come up with a solution to safeguard the pool money. Does anyone have any idea? |
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Leave the Saudi, even own US people were behind 9/11. There are so much evidences to prove that in public domain.
The 9/11 operation involved various parties doing various parts of the job. The best explanation I've heard is that elements from Saudi Arabia had the basic responsibility of cultivating some patsies, but not much more. As you say, there is a LOT of evidence in the public domain implicating the event as a false flag. All one really needs is to watch the bldg 7 implosion, but there is so very much more. To much in fact. A hypothesis I like is that there had to be so much in order to make it crystal clear to the media where things would be headed in order to discourage them from investigating things at all. And it worked like a champ! Yes even the twin tower explosion, the buildings collapsed so perfectly and smoothly, that the structural expert who demolish buildings for living, have perfectly proved that it was not possible without using explosive that explode with perfect timings so that building collapse on it's foundation and not damage the other surrounding structures. |
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What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!
Why common sense and politicians never coincide?
What do you mean by 'Print Money'? you know adding more toilet papers with the machine that make money, they said that money does not grow on tree, but for banks this isn't true and that quote is a bit stupid, because you can't just print money out of nothing you need to back your money with the wealth of your country Yes that's why I asked this question. If printing money can make a country rich then all the country will make Billions in few days. A country has to back up the printing of money by equivalent amount of Gold, export income, GDP etc. Economy is based on trust. Imagine you run a convenience store and you get credit from lenders. The lenders see you are successful and make nice profit from selling groceries to customers. As long as you are on that path they trust you, lend you more, get paid back from you - all is well. But what happens if your convenience store suddenly needs to deal with more competition (e.g. more people open stores in your street), some suppliers turn you down, some customers prefer to buy elsewhere and so forth? Then your business is shaky, it's unstable, and there is a lack of trust - would lenders lend you money when you're doing bad? Probably not, or probably they will under very strict conditions. That is where Greece is now, it has a huge lack of trust, lenders don't want to lend more money to Greece ... so printing Euros is not the only answer because it would only cover the debt for now but the situation won't improve by itself ... the convenience store needs to make a change to put itself on the right path for growth again - and that is where changing the currency would work for Greece, it would put it back on the road for recovery and then printing money would be a temporary solution to pay the debt, afterwards the convenience store would be back in the position where it was initially. Very nicely explained by you dear. It would help others to understand by this grocery store example. |
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- Trading - High risk
- Faucets - Low amounts
- Signature campaign
- Buy Bitcoin and in a couple of years the value will be ...
Sir can i ask? how to earn using faucets? first time that i hear that in bitcointalk here the best one, a gambling game is included https://freebitco.in you just need to put your address and resolve captcha there also rotator, that make it easy to play many faucets one after another sir can i ask? its safe? if i sign in what happened? Yes, It's safe you can earn some bitcoin (low amount) in there by just entering a chapcta per hour. And maybe if you are lucky enough you can get 200$ from it. How i can withdraw it? with freebitcoin.io you need to enter your address at first when you register, with other faucet they are sent to a different site, and you nned to withdraw from there Thank you sir. Even if i get small amount i will play again. Did you try it already? Had you had any luck and how much do you make in your first try? I am really interested in knowing it. |
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the answer is only one: yes, and you can tells that, by looking at the block reward structure, and i still think that satoshi is a code name for a group(a group could be only 2 persons) of talented coders
"he" also said that he expected the network to be controlled only by few farms, there is one quote from "him" saying this(i can't find it right now)
Sometimes I just think that how much brain they have put before even initiating it. I think he might be having a banking background as well as some software geek. |
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Hi
I realized that prices from all exchanges are different, but could you actually make profit from this?
For example:
Price of Hitbtc is 240$/btc, however the price of bitstamp is 220$. So is it somehow possible to buy tons of bitcoins from bitstamp and sell it at hitbtc for a 20$ profit per Bitcoin?
I dont have that much money to invest though, so I didnt try.
Tell me your opinions!
Not practical. The buying and selling will take time and in that much time prices may change and you will be in loss instead of profit. |
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It may be related : European Central Bank President Mario Draghi was attacked by a protester Wednesday during the bank's regular briefing for journalists in Frankfurt. Just minutes into his introductory statement, a women jumped onto his desk shouting "end ECB dictatorship!" She was dragged out of the room by security guards, but not before showering the startled Draghi with confetti. http://money.cnn.com/2015/04/15/news/ecb-mario-draghi-attacked/hahaha.....even I read it in today's news. It made me laugh. The poor guy must have gone into shock and couldnnot have delivered his rest of the presentation. |
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It's indeed s sad story. Government and the department should do something about it so that incident like these should not repeat in future. Do you think they are worried about that situation? In my honest opinion I think they aren't, because ever time it happens something like that and the 'cop' does not pay for his mistake. They should be more prepared in their work. And how can be they more prepared in their work? I think they are the best compared to cops of all the countries around the world. |
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My friend once told me that he'd never buy any street food in a Muslim country, because they are used to wiping their butts with their hands and then proceed to prepare food. Hygene is a real problem especially in the poor regions and their religion doesn't help here. Really how many Muslims have bidets? 10%?
Lol, fucking trolls. Turkey is the one of the best countries in the world if we don't count the poor, ignorant, Islamic %50-60 population and Islamic traitor government that trying to divide country to turks/kurds, who be perched with Americans hand, started in 199x years. There are a lot of book and paper about child-killer America. Which book or paper you are referring to? Could you please put some lights on it. I would love to read a few of them. |
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