I am sure that many companies have decided to buy Bitcoin as company cash reserve. Because the price of Bitcoin continues to rise,
which takes into account why many companies decide to use Bitcoin as company cash reserve. Even I, who own a small business,
have made Bitcoin a company asset. Because I believe that if the Bitcoin price goes up, make my business finances healthier. Indeed,
the decision to make Bitcoin as company cash reserve is a bit risky, because the price of Bitcoin could fall and make the company's
finances unhealthy. Therefore, the company must have a financial advisor who can analyze the Bitcoin market well. That way it will be safer,
because the company can make risk management.
I wonder what would happen if they need some quick capital and has to liquidate their bitcoin by converting it to fiat. You know right, the price of bitcoin does not continue to rise each and every day? I mean What if the price has tanked to the bottom and it is that exact moment they are needing the cash most? Wouldn't they be making a huge loss by converting their reserves at the moment? This will also make it harder for them to repay debts. They will have to take every financial decisions very carefully. Since you also use bitcoin as a reserve for your "small" company, would be great if you let us know how would you be managing the risks. |
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Does it really matter where the casino got their license as long as they are legit and fair to their players? 2. Is it enough that they offer provably fair games?
It would be stupid to trust a casino blindly just because it is providing provably fair games. Anyone can build a provably fair games, allow users to deposit and then never let them withdraw. Or build trusts for few days and then stop processing withdrawals of those who won big. Reputation matters. The older the casino is, the better it is. They are "old" because they managed to run their business up till today without any problems. Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?
Like I said, it won't matter for most of the people as long as the casino is fair and has a very good reputation. |
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Here is the big problem - "forwarded you the message without even knowing". People forward random shit without understanding what it is. This does not necessarily means he is interested in bitcoin and might be future "bitcoiner". I bet he has no clue at all about what was written over there. He just wanted to wish you a very "good morning" with a "motivational quote" (he thinks this was some sort of motivational quote). That quote itself is misleading people in a lot of ways. If gold is expensive, then we can say bitcoin is also expensive. If people can afford to invest in bitcoin, they can also afford to invest if golds. No one is forcing anyone to buy huge chunks of gold. They can invest in fractions.
Banks unreliable? Criticizing banks, but can't live without one.
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Hi guys and ladies,
as I can assess, right now, bitcoin is at its high turning point (11k USD), as well as some other altcoins I am holding. So I soon expect great loss from the price drop.
I would like to find a currency that prevents this loss from fluctuation.
Tether f.e. (handled in BTC) fluctuates exactly the same as bitcoin in USD.
Which altcoin would you advise for short / long term stability?
Thanx in advance
authentist
You are expecting a great loss soon, then why don't you sell your coins and when the price falls, buy whatever you sold. You get back your coins and your profits. Or don't sell any of your coins. You won't make any loss if you don't sell your coins. Even if the price drops, you still have a same amount of coins. Just keep holding it (unless its one of those random shit altcoins that you are holding), since the price is bound to recover in the long run. If you are looking for a stability, invest on something else like gold. Cryptocurrencies aren't stable (unless you hold those stable coins. Buy why?) |
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Those sites have to take fees. They have to pay those operational costs from somewhere. And again, they have employers too who the have to pay! Secondly, they are arranging a deal between you and your client. They have made it easier for you to get work. Imagine how hard would it be for freelancers to look for people to employ them. They literally would have to be running around the internet looking for work. So i guess paying a premium fee of 10%-15% is totally worth it.
About Asians underbidding you. The issue is gone if you have a good reputation and a review. If you have strong and better reviews from your previous clients, chances are people will hire you for a premium price.
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I guess it depends on the real estate a bit as well. If you are going to buy another house and rent it and that is it, I would rather get bitcoin over that, having 10 houses makes no sense in my minds, if you want to have a house you live in, go do that and it makes sense, but if you buy 10 more just so you can get rent, it makes zero sense. -snip-
What do you mean by that is it? Lol, what else do you expect? You can rent/lease a house and then you start getting passive earnings. A guaranteed source of income to be precise. Not to mention, the value of house property also appreciates over time. Where as if you invest on bitcoin, there isn't a guarantee that you will be earning profits every month. True the value of bitcoin will rise in the long run, but what if you need money unexpectedly? You can liquidate it, but what if the value dropped? You will be making loss. |
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Lol, what kind of scammers are they? Exposing their identity and then also having offices around in India? I mean what were they expecting after scamming people? No one would do anything? Or is the country so corrupted that open scam is a norm over there? They didn't even put any effort to hide their identity. Bunch of idiots I would say. More than forty people who got scammed have complained about the exchange to the Delhi police. I've never come across the exchange named Pluto. This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly. This has made more users to invest and finally ended as a trap, and the office have got relocated to Dubai closing the office in India.
Promised high returns and then people invested with the hope of getting rich? Being a bit harsh over here, but they did deserve to get scammed. Since they relocated, does that mean they are now invulnerable? |
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19 reds at x1.5 is crazy! My maximum red streak at x1.5 is 13, maybe 14, I am not totally sure, and it was a long time ago, you don't see so long losing streak so often at x1.5 --snip-
It is not crazy at all. I have seen people having even crazier red streak (and even better green streak) when gambling with 1.5x payout. It is just that rng isn't favoring you. People tend to think the more reds they start getting, the better the chance of not hitting a red on the next bet. This isn't true. You might even see a 100x red in a row (but extremely likely to happen) since all bets are an independent event. The next bet no way depends on your previous bet and has the same chance of winning or losing. Due this sort of believes, people tend to keep on increasing bet size amount after a loss thinking that they next bet has higher chance of winning. |
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It is not completely misleading. People use gold as a store of value. They are scarce and has a limited supply. The demand for gold will keep on increasing as the population rises. This scarcity and demand is what gives gold its value. The same goes for bitcoin. It has limited supply and the supply keeps on reducing every four years. As more people starts to own bitcoin and adopt its usage, the demand keeps on rising. Some people even use it as a store of value. Hence, they think bitcoin is a digital gold.
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Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website ' https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118% within 24 hours of listing and have a volume of 5 millions usd on Uniswap. My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS. the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return. i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap. BE CAREFUL.... . Nah, they had full intention of making people buy ROPE (that coin you mentioned). They are using reverse psychology to make people buy those coins. Lol, this might sound funny, but this is true. Its like telling someone not to do something, and then now you want to do it. People found it funny. They thought it is going to be a trending funny/troll thingy and make some quick profit. The trading volumes are also likely the developers manipulating it to make it more attractive. This is the internet and people do come up with really creative ways to scam people. |
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Holding on to bitcoin for your children to get once you pass away would be stupid in my opinion. The odds of the bitcoin being worthless by the time you die is massive compared to it being worth alot of money. Gold would be a better way to pass money on to later generations.
Why do you think the odds of bitcoin being worthless is massive? I can't think of any reason other than the fact that every government in the world started to go against bitcoin or huge flaw has been detected where the security of the technology is in question. Even if a better coin is created which solves all existing problem, I am sure people will still use bitcoin as a store of value. I guess the problem is passing the bitcoin there are chances where the private key might get destroyed or lost. Though I won't deny Gold would be better since there are zero something going wrong with gold. |
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Actually if someone tries to buy all the bitcoins, it would be the greatest thing he could do to all of us, because the price would pump. The result would be that bitcoins will be more valuable and not less. Also, no one can buy them all. Even Jeff Bezos that currently is the wealthiest person alive cannot buy all the bitcoins unless he makes 1 transaction of 18M bitcoins. Since no one owns 18M bitcoins, Jeff will have to buy all the funds from every exchange. This will simply increase the bitcoin's price and fail the task of Jeff to gather all the bitcoins to one wallet.
Simple economic rules.
Yeah, it is going to cause the price to pump since there will less supply as the person who is buying everything will be holding the coins. You really think this is the "greatest thing he could do for all of us"? Not really! He can now start controlling the price of bitcoin. He can slowly start releasing the coins into the market. People will start buying it at high price and cause further pumping. Now once he is ready to make profit, what if he dumps all the coins? A lot of people will start making losing money while that one person who bought all the coins make some sweet profit. Owning most of the supply will only lead to easy price manipulation by the holder and we don't want that to happen. Instead, if the supply is spread among everyone, we will have a healthy market. |
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The lockdown has helped with the growth of cryptomarket in large scale. This too is experienced in my home state capital. Compared to the past the lockdown months have got a massive increase in the usage of cryptocurrencies on trading. It is true to see most of the tech people around the age of 25 getting into cryptocurrency usage. Particularly most are into trading to make some passive earning as tech giants have come up with big pay cut. Another important reason for the same is the stocks which weren't that supportive to make some passive income. During the lockdown even the stocks crashed, only the cryptocurrency market stood strong. With the lockdown the city has topped third position in terms of cryptocurrency users and trading volume. Probably this widespread could've happened in the global market too. Source : timesofindiaPassive income? You mean it helped people over there by holding bitcoin and then getting profits? Lol, no I don't think that happened. And when the price of stocks were dropping, the price of bitcoin and other crypto currencies went down too. It took more than few weeks for the price to recover. And I also don't think trading is a sort of "passive income". You have to be on watch 24/7 to make sure you don't miss out on anything. Make a mistake, and you lose everything. I would never rely on crypto currencies as a form of earning passive "money". Unless you are planning to hold it for a long term, it is quite risky. |
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Never heard of the coins that you have mentioned. Are you sure you are not shilling for those coins and getting paid? Or are you just suggesting us to invest on those just because you invested? I don't think coins that get pumped 100x their initial value and then drops back 1000x is a safe coin to invest in. Sounds more like the developers are manipulating the price to make profit for themselves.
Eventhough it's price is currently at $23 million, it has the potential to be worth over a billion $ but that's considering it for the long term. However, even in the short term, a 20% gain wouldn't suprise me.
Why do you think so it has so much potential? Or it is just you "think" it is going to get pumped without any reason? |
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Ok I am not trying to promote anything, My lack of knowledge is kind of embarrassing, I am struggling with the forum. This all started with a Chinese girl I know, She told me her father was involved with this business for quite sometime. we started on this project and I was told it was a rich mans game and she would help me along and things were going smooth at first, some profit. But then withdrawals started to get more difficult. I got frustrated with all the BS. I consulted a contact that was refered to as my Header, He informed me that this Chinese firm was tapping my lines, and skimming and hacking this so called panel. then entered this other platform called BTCtoCash, and they cleaned up this so called panel and told me there was a ton of money there to the tune of 200k, and it was mine, and there was all kinds of emails from the Chinese firm. the long and short of it is this BTCto Cash, wants money for me to get my money. and I think its all a scam.
This is a scam. There are no groups or anything. It is just one single person operating this scam. I am pretty much sure (almost 100% sure) I read on this forum where a "girl" he knows wanted him to get into this sort of thing. He actually ended up investing. He got profits in the beginning and things started to get complicated. And then they started to ask for "more money" if he wants to withdraw his profit. This is pure scam. Don't invest anything further. You already lost all your money i bet. Now for the next and final question, I was given a list of codes, access codes, withdrawal codes, change codes, all kinds of stuff. Even terms and conditions. I am not going to give them my hard earned money, but my mind needs closure. Is there any way to check this out safely?
Given by who? Is it the same person? Did you tell them that you aren't interested anymore? If yes, then they are just trying to convince you by feeding you bs. |
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I wonder if cryptocurrencies have insurance, because a decentralized investment like cryptocurrency will not have insurance.
Because as we know the freedom to manage our own finances, it does not require insurance. All risks that occur are the
responsibility of the cryptocurrency owner. Therefore, many people who are new to cryptocurrency are hesitant to invest.
What kind of insurance are you looking for? I doubt there is going to be any kind of insurance for investing in bitcoin. You really think insurance company can cover your losses or verify if you really got scammed? Think of the number of insurance frauds that will take place since and how hard it will be for them to investigate if your claims. They are hesitant to invest because they aren't ready to take risks. Most crypto investors prefer to be anonymous
and avoid KYC procedures, so it's getting harder to get insurance.
-snip-
Harder? It never existed. And good luck trying to convert your bitcoin to fiat currency without going through KYC process. |
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How can someone study bitcoin to the extent to know when bitcoin is about to fall and when is about to raise so that the level of lost can reduce.
Unless you know of a way to predict people's emotions with pinpoint precision, you just really can't. And if ever someone knew how, I'm pretty sure that person wouldn't tell you how as he/she would be too busy racking in cash from trading. OK, how can someone know a way of prediction, because many people can't predict well if its the remedy. I taught that to know when the price is about to increase or reduce (raise and fall) is base on bitcoin chat due to better interpretation of candle stick in the chat. You mean through reading bitcoin charts? Yeah, you can some what predict what might happen next, but those reading doesn't hold true for every case. Don't just depend on the charts. Prices are more influenced by current events and news. So if you know something good, say for example governments all around the world are going to consider bitcoin a legal tender, then you can already predict that the price is going to skyrocket. Again, if you see a well known exchange getting hacked and scamming thousands of bitcoin, then you can predict people are going to panic sell their coins and the prices will drop. |
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You can always consider betting on virtual games. Yet that is a bit different, there are no statistics whatsoever and you also do not know at all what happens behind the scenes. And statistics don't say much in virtual games. I also think that certain teams play very differently after the Corona break than before. But that affects all teams that have not built up a rhythm. It's a matter of good preliminary research.
Which virtual games are you talking about? The ones that are simulated? I did hear few months ago they were running simulated sport "games" and people could bet on a team and would win or lose based on the result/outcome of the match. They were using some sort of artificial intelligence to simulate games. Not sure what happened to those. But, I would be kinda skeptical when wagering on those games since you would never know if they results weren't manipulated or anything. -snip-
Indeed. Gambling makes people's lives ruin and not solving their financial problems, but unfortunately, people who are playing gambling a lot do not realize that. They are still playing gambling with the hope that someday they can win a lot of money.
-snip-
I thought everyone gambles because they hope that someday they might be really lucky and make some huge profit (even those who gambles just for fun. You know... it is more fun if you make profit.) |
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Hello , I'm a investor and i have invested more than 15 projects before and got profits from 12 projects. one of my friend helped me to invest for these projects .. actually he sent me the project link ..But i have never seen him yet ... yesterday he sent me following project link .. But this time I'm little bit nervous because i want to invest a big amount for this time.. (still not decided to invest for this project) So, I will place the links about the project , Please Tell me your openions WEBSITE : ycrab.financetwitter : https://twitter.com/ycrabfinancetelegram channel : t.me/ycrabfinanceYou made profit from like around 90% of the projects you invested on. I think you just got really lucky with your investment. About 95% of the project that pop are fake and people investing money over there loses everything eventually. Never heard of the project that you mentioned. If you are in doubt don't invest. What is more weird is that a friend that you have never met is trying to help you make profit. I have a bad feeling about this. Your unknown "friend" might want to try to scam you after gaining your trust. Be careful. |
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That is weird. I always hear the opposite. In fact you will see multiple threads over here and online articles that say bitcoin isn't a currency but is a form of assets. This claim can be backed by the fact that people tend to invest their money in bitcoin and store it for profit in the long run. They do this because they think it is a suitable "asset" and gives more profit in the long run when compared to assets such as "gold".
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