I bought some oil stocks because the potential is there. The world is not ready (by a long shot) to say goodbye to oil and embrace green power. With the price going to 30 dollar and oil producing countries keep increasing their production, the price could easily fall back another 5-10 dollar.
I also did this .stocking oil..because i heard and see .on a natgeo if im not mistaken oil will be drain by estimated year 2023 . So it is not avisable for me to biy a car that will use only for 6-7 years . If the world was running out of oil in the next 7 years, nobody would be buying new cars which run on gasoline.  We still have 40-50 years before this happens, and you can expect technology to compensate before that A dated article which explains this http://www.telegraph.co.uk/news/earth/energy/oil/9867659/Why-the-world-isnt-running-out-of-oil.html40-50 years is by far on the short side of estimates. Most estimates have us around 100 years still. These so called "estimates" are not worth a shit Yeah, it's probably better to pretend oil is infinite instead of trying to project how long oil could possibly last based on the information available.  |
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I think the bitcoin will be used by a lot of users in 2022 but still not everyone will use it because of the other currency's that will still be alive.
I think the users of the bitcoin will be much higher globally and that the price also will be stable at that time.
This is what i think so too. Considering now that more and more big players coming into the game and starts acknowledging Bitcoin and tons of merchants accepting Bitcoin for transactions. By 2022, Bitcoin will be used widely around the globe. Yeah,, now the era of bitcoin is going to start with the start of digital era, it will be an intense need for the digital transactions in the coming few yeas and everyone will adopt bitcoin for their convenience. The majority of transactions are already electronic and they have nothing to do with bitcoin. Every internet purchase is an electronic transaction, and the amount that are done with bitcoin vs. traditional electronic methods isn't even measurable. The future being more "digital" portends nothing for the success of bitcoin. |
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I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
I don't think so because with the borrowing. someone who needs the money will be helped by it. although they should pay the interest but it is very helpful for people who need money but of course the cost of interest must be in accordance with your abilities not too big <10% Interest rate is largely related to risk. If you're a risky borrower, you pay higher interest because you're more likely not to pay back the loan, which requires someone to have a larger potential reward in order to make it worth it to take on the risk of making the loan. Of course, risky borrowers always have the choice to save for what they want to buy and pay for it in full instead of borrowing. Risk is one aspect. There are a lot of other costs which banks have to factor in - Interest they pay on deposits - Employee and other overhead costs - Cost of deposit insurance While all of that is true, I think risk of the borrower is the most crucial component in determining the rate. All of those other factors don't change the rate nearly as much as the risk of the borrower. This is true for individuals, and businesses that issue corporate bonds. The riskier the borrower, the more they pay in interest. |
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Sell everything when the price margin of bitcoin is significantly higher when you bought them,and just keep the cycle then you will have a lot of money stored in your wallet.
The way to achieve this strategy is good timing. But timing is the most difficult part to do the trading. Market timing is just gambling. Might as well play a dice game, better odds there. Your comparison doesn't apply to people that know how to trade. People that simply yolo buy at certain price levels hoping to make some quick profits, these people are just gambling. That's not real investing as you depend on pure luck. Beside that, with gambling you end up losing all your money while with investing you end up with a certain loss. And the price can always go up again making your loss even smaller. That's the real difference. Rules of stock trading don't apply the same for crypto because there's no underlying business or earnings providing a basis for technical analysis. Crypto is just a bunch of yahoos pumping coins and speculating. There's no real rhyme or reason to market movements except fad buying and momentum trading. That's a gamble in my book. |
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I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
I don't think so because with the borrowing. someone who needs the money will be helped by it. although they should pay the interest but it is very helpful for people who need money but of course the cost of interest must be in accordance with your abilities not too big <10% Interest rate is largely related to risk. If you're a risky borrower, you pay higher interest because you're more likely not to pay back the loan, which requires someone to have a larger potential reward in order to make it worth it to take on the risk of making the loan. Of course, risky borrowers always have the choice to save for what they want to buy and pay for it in full instead of borrowing. |
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I bought some oil stocks because the potential is there. The world is not ready (by a long shot) to say goodbye to oil and embrace green power. With the price going to 30 dollar and oil producing countries keep increasing their production, the price could easily fall back another 5-10 dollar.
I also did this .stocking oil..because i heard and see .on a natgeo if im not mistaken oil will be drain by estimated year 2023 . So it is not avisable for me to biy a car that will use only for 6-7 years . If the world was running out of oil in the next 7 years, nobody would be buying new cars which run on gasoline. We still have 40-50 years before this happens, and you can expect technology to compensate before that A dated article which explains this http://www.telegraph.co.uk/news/earth/energy/oil/9867659/Why-the-world-isnt-running-out-of-oil.html40-50 years is by far on the short side of estimates. Most estimates have us around 100 years still. |
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If the Bitcoin will conquer the world as expected, so i think paper money will disappear as most people will use bitcoin instead of it.
Bitcoin needs to become price stable before it does any conquering of anything. |
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There is a huge difference between "idle" and "lost" coins. Most of my coins are idle. They do not form part of the supply. However, if the price of bitcoins crosses $2,000 all my bitcoins will enter the market. Lost coins will not enter the market, irrespective of the price of bitcoin.
Your coins are part of the supply. You are asking $2000 for each. If coins can be sold, then they are part of the supply. Market supply is not a number. It is a curve showing the price at which a certain number of coins would be sold. If there is a price at which a coin would be sold, then that coin is part of the supply. Lost coins are not part of the supply because they cannot be sold. There is a difference between available supply and market supply. Available supply is what is possible to be accessed (i.e. Not lost) while available supply is what is actively seeking a buyer. Available supply does not impact price, only market supply does. |
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Sell everything when the price margin of bitcoin is significantly higher when you bought them,and just keep the cycle then you will have a lot of money stored in your wallet.
The way to achieve this strategy is good timing. But timing is the most difficult part to do the trading. Market timing is just gambling. Might as well play a dice game, better odds there. Playing dice or any other form of gambling is still the same lol. What if the 1 roll you hit at a 90% win rate hits the roll # and goes bust on the 1st roll or how many rolls to limit. Its better to just do nothing. The difference, which was my point, that is that odds are better on dice. If you have your mind made up to gamble, which is what market timing is, you should gamble with something that has the best odds. Dice is highly customizable based on your risk tolerance. You can't get a 90% chance of profit trying to time the market. |
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This will probably never happen, $10000 is probably more realistic
Very rightly said, bitcoin can hit the milestone of $10k in future and it has potential to reach there for sure, but its difficult to believe that it can be a million dollar baby in future. $10,000 per btc is really unrealistic as well. It would require bitcoin to become a dominant currency in its own right, and to hold a stable value. It's failing both of those tests currently, and there's no real reason to assume that will change. |
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I bought some oil stocks because the potential is there. The world is not ready (by a long shot) to say goodbye to oil and embrace green power. With the price going to 30 dollar and oil producing countries keep increasing their production, the price could easily fall back another 5-10 dollar.
I also did this .stocking oil..because i heard and see .on a natgeo if im not mistaken oil will be drain by estimated year 2023 . So it is not avisable for me to biy a car that will use only for 6-7 years . Don't quite know how to interpret "oil will be drain by estimated 2023." Are you trying to say that oil will be depleted by 2023? Because that's not close by a long shot. |
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Correct me if I am wrong, but I think we have not even mined all the bitcoins by 2022. So we cannot still say by then that all people will be using it or another phrase of that will be betcoin replacing the dollar. It is too early for that. I think we should focus on something achievable like making the price grow and more so we can attract more users.
Roughly 90% of the bitcoins will be mined by the end of 2022 (approx. 19 million out of 21 million total). https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Short_TermAt that point, blocks will still create 6.25 btc, so there will still be a fair amount of inflation compared to the periods after that. |
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There really is no money in the first place. It stopped being money (USD for example) when it was no longer backed by gold. It is madness that interest is charged on something that does not exist in the first place. They don't have to "give free money" they GET free money.
There certainly is money. Money is currency. It's tangible, you can hold it in your hand; it exists. Furthermore, society has agreed that it has value, which is what makes trade possible. People won't trade with something that "doesn't exist." You can hate the current monetary system or hate that it isn't backed by gold. But you can't deny it exists and be taken seriously. |
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Sell everything when the price margin of bitcoin is significantly higher when you bought them,and just keep the cycle then you will have a lot of money stored in your wallet.
The way to achieve this strategy is good timing. But timing is the most difficult part to do the trading. Market timing is just gambling. Might as well play a dice game, better odds there. |
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First things first they need something that they can use to go online. Then they need knowledge for that. Who will be the one teaching them? The government? I doubt that.
The golden rule of living your life in this world is about adaptation , if you cant adapt then you will surely be the victim of this harsh worlds. If government will switch to online payment then they need to provide education for the people as well because it is essential for them to learn on how to use it properly yes when government adopt it then will educate people about it, but it need education now, because of it, bitcoin will gets some support and will get some strength, and bitcoin will have a good fture with that. Do you really think that Government will adapt or support bitcoin in future? Government don't need to support it, even if bitcoin doesn't survive it won't make any difference to their power and control that they have on paper money. we are now in a digital revolution it will accept degital payment like they accept other degital goods. if bitcoin continu to grow it is 100% government will accepted. if all business accept bitcoin as a payment. it will be an obligation for the government to accepte that. digital is always beter and it is the future. Something having value does my create a necessity for the government to accept it as payment. See gold, for example. Used to back the money, then the government banned it. They don't have to accept Bitcoin for the same reason they don't accept gold: it's a threat to fiat if they can't control it. |
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No one differentiates between "lost" coins and "idle" coins. All that matters to the Bitcoin price is the number of coins for sale and the number of coins being bought at any given time (supply and demand). Whether the coins are lost or idle, they are similarly not part of the coins that are for sale (not part of supply) and are similarly not having an effect on the price.
There is a huge difference between "idle" and "lost" coins. Most of my coins are idle. They do not form part of the supply. However, if the price of bitcoins crosses $2,000 all my bitcoins will enter the market. Lost coins will not enter the market, irrespective of the price of bitcoin. For the purpose of determining price, there is no difference between lost and idle coins. Your coins being idle has the exact same effect as them being lost, and that is that they are not factoring in the current price. The market has no ability to differentiate between lost and idle coins, and has no ability to factor in idle coins becoming part of active supply. It only reacts when they do, which is after the fact. So for the purpose of price, there is no difference between lost and idle coins. |
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I want you to explain in detail why you personally thought that bitcoin was a healthy investment. I don't want the same crap replies about the same thing over and over. I want a longer, more complicated answer depicting the true nature of why you thought it was useful to begin investing in bitcoins.
It's not necessarily investing money into it. You obviously also invest time (which is pretty much money) into the bitcoin community. Even now, as you read this, you're investing time into bitcoins. So, explain. What made it so good? In what way did bitcoin create this image in your mind where you thought, "Hey, this seems like a good use of my time. This may hold use in the future and allow me to profit off it" instead of anything else?
Bitcoin represents the end of the fiat based financial freak show that was the dominant form of value transmission and value storage that existed prior to 2008. With the introduction of the Blockchain, the governments and globalist manipulators of the world have lost their monopoly on value creation. With the introduction of Blockchain tech, anyone can generate their own version of currency from their kitchen table and instantly create value out of thin air just like the federal reserve and the bank of england - and this is the thing that most people just don't understand. Bitcoin is only the first instance of a privately generated value transmission system that has gained worldwide adoption..... and MANY more will follow. Bitcoin represents only a demonstration of this new society that is in it's early stages of formation. Uber is the largest cab company in the world, but they own no cars. AirBNB is one of the largest providers of accommodation in the world yet, they don't own any real estate... Youtube, one of the largest distributors of media in the world produces ZERO content.... and Bitcoin, the most prominent, peer to peer, money transmission system exists WITHOUT a central issuance organisation I invested in bitcoin due to this bigger picture that I described above. There is a shift in the paradigm of the very idea of what a corporation is and how a corporation operates, and what with white collar workers now being automated out of their jobs due to advances in software and artificial intelligence, the Blockchain is CLEARLY custom built to play a BIG role in this The blockchain represents the inclusion of, not only machines - but AI driven software into our global economy. What with every one person, having at least one other smart device, this represents a potential inclusion of a further 7 billion participants in our economy, the equivalent of another planet of people. Haven't you not noticed how reluctant the common man on the street is to adopting Bitcoin? ...Well, software and machines do not poses the ability to be "reluctant." What if, in the future, a private corporation that develops self driving cars, builds out AI and software that allows these self driving cars to operate autonomously? What if these cars are then fitted with software that allows them to run blockchain tech, which will allow the cars to run economic transactions with passengers and other machines? Simply, these cars will not have the ability to reject bitcoin adoption and will contribute to boosting the daily BTC transactional volume... or the volume of some other digital currency that will be developed for this specific task. Now this may be a futuristic concept, but there are a plethora of companies and IOT developers working on this very thing right now. So as an investor and speculator, my role is simply to look at a bundle of facts and then to weigh up the probabilities. And it is my view that the blockchain is probably due to change the world in a major way, hence my interest in Bitcoin. But blockchain as a concept can change the world independent of bitcoin. Bitcoin has become so inflexible that its preeminent status is threatened. Other coins have surpassed it in innovation and bitcoin can't even handle how to increase capacity (necessary for survival and to cut down on the obscene confirmation times we're currently experiencing). Bitcoin popularized the idea of the blockchain, but I wouldn't necessarily be betting that bitcoin will succeed because the blockchain is still revolutionary at this point. |
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It's all about profits. I for instance live in a country with high inflation rate (recently it's decreasing and moving towards deflation), and banks give loans at 30-40% interest (it's crazy), and when you lend them your money, they give you only 20-25% money as interest (long term). Unfortunately many people support this and until this stops, the trend will continue to further take people money in a way that it's somehow unfair.
On a side note: I see some saying Islamic banks don't charge interest, and that's a big lie. I live in a Islamic country and all banks here, charge huge interest.
Wow those long term is how many years?To get 20-25% you need a huge ammount or atleast a fortune?Where do you live ,i wanna to moove now what a huge interest atleast looks like. The reason the interest rates are that high is because the local currency is depreciating that fast or faster. You may earn 10 or 15% a year on a bank deposit, but when the local currency is depreciating at 25% per year or higher, you're not coming out ahead. You're losing money by holding the currency. |
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Bitcoin is quite hostile to innovation. It's not cutting edge anymore. Many, many other coins have surpassed bitcoin in terms of scalability, innovation, speed, and privacy. Bitcoin only has its size going for it. Crypto will most likely be around in 2022, but there's no indication it will be bitcoin, as the level of inflexibility the developers and miners are leading it towards may destroy it or render it worthless by then.
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On your website, you have a table that has a column for each coin that says "profitability" and it measures in percent. What does profitability percent of a coin mean?
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