Bitcoin brings us all Freedom edited: https://bitcoin.org/bitcoin.pdf - by Satoshi Nakamoto - The Bitcoin White Paper https://bitcoin.org/ - Bitcoin.org - #1 Non Profit Home page for Bitcoin A beginner's guide to bitcoin http://www.coindesk.com/information/ Bitcoin is Freedom --------------------- Bitcoin is Freedom from oppression, exploitation & tyranny by Banksters. From cradle to grave we have all been financial debt slaves through the debt based fiat currency schemes that should have long ago been outlawed. Bitcoin offers People an avenue of Safe Haven that assures a fiscally disciplined currency. Bitcoin is vastly superior to traditional fiat currency schemes. Bitcoin brings all Peoples Freedom by forcing Decentralized Monetary Competition, and by doing that it will eventually force governments to become fiscally disciplined with their monetary matters, or suffer monetary failures repeatedly until they do. Bitcoin will ultimately free governments from their Bankster Masters (each countries Central Bank) when governments finally re-learn to print and issue their own debt-free currencies, while abolishing their existing Central Banks powers and controls over them. This will hopefully occur as the present system fails and governments finally realize they hold all the cards, not the Banksters. So simply put: Bitcoin is Freedom ---------------------  Yes bitcoins is giving is freedom today because there are a lot of people who are working on the corporate world but just earning a small amount of salary and this is the reason why people are preferring to trade in the market because they can earn more profit daily or monthly depending on how long they work. |
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what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
It was really hard to handle too much debt because you are not sure if you are going to repay them since the cost of living today is very expensive, you can only handle it if you have an excess income monthly but if there's none then it will be really hard for you to finish paying your debts. |
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At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
If bitcoins will just stay on its normal price then we will not get anymore profit in that case, most of the professional traders are investing when the price is dumping in the market and sell their coins again when price is increasing and just how every body gets their profit. |
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I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:
1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...
your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.
Mining is the best way to place your money , because a mining hardware can generate more coins and you will earn crypticurrency passively, the only problem you will get is the electricity consumption of your hardware but still you will earn more profit because the price of bitcoins is very expensive. |
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https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this? yes it can always recover because the market is volatile and if there's a news that can change the minds of people to invest even further more then the price of every cryptocurrency will increase and most of us will earn profit because of holding for a very long time. |
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Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Yes bitcoins is a good way to invest money because you will surely earning your profit back depending on what is the stable price of the market and that is the reason why people should always listen to the news before creating their own decision. |
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It is know that bitcoin has made a few millionaires, but many of these people donīt have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Yes they deserve their wealth, anyone started with nothing and never knew about the industry, just like mark zuckerberg when he just started facebook because you will still learn everything when you are already at the top. |
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I am amazed with number of people being fooled with BTC: 1. Transactions takes hours 2. Fees are high 3. Development team sucks, uncapable solve scalability issues for years 4. Its not anonymous, every solution to make it, failed so far 5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox ) 6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC 7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils. 8. Its not insured, If some crap happened to your BTC, its gone. 9. Bitcoin has a limited supply, but it does not help much. Bitcoin has a code that can be amended and its enough of small group of people to work together to support that. Question really is: do someone need that hassle? No really. Bitcoin has satoshis, that currently meaningless and just nice numbers after dot, but this a very well painless way to inflate any crypto currency and its up to liquidity providers. Again it falls to point #5 and #6. Added on 24/01/2018Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data. Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone. BTC is scam of the century, stay away. UPDATE 12/02/2018:As this forum full of bots, I will emphasize one question from the user: Ok, for all of you that insist that Bitcoin is not useless, tell me! What do you use Bitcoin for? Please don't tell me what it could be used for or how other people might use it. I want to know how you use it. Also, please don't tell me about trading or hodling. Those are not uses. Hope to get constructive answers. UPDATE 11/02/2018:One by one, it becomes recognizable that Bitcoin at this stage is very useless. DarkNet, is the one who started one, and the one who will make a dump: https://cointelegraph.com/news/is-darknet-done-with-bitcoinThis is a very worried signal UPDATE 30/01/2018:Bitcointalk, and many other crypto related forums are heavily manipulated by bots, the amount of useless posts and conversation is just crazy. Even look at this thread, so much messages about "it will make me reach", "it growing", "I am going to be wealthy" so much manipulation, only in ponzi game this possible. It proves just on how bitcoin is useless, because 90% of people just copy paste message from bots, even not knowing basic fundamentals. UPDATE 29/01/2018:Few points were made here that are unfair: 1. Bitcoin is a first one, its revolutionary and so on and so forth, wrong, Bitcoin is a client that is build on top of practices that were developed and test long time before Bitcoin e.g. Proof of Work, Hashcash, eCash, bit gold, Merkle Tree, Peer-to-Peer,Byzantine fault tolerance etc. 2. Bitcoin is still in development and it needs a time and so on and so forth, really? its a 10 years old technology. Its usage is very easy predictable, no rocket science here. Scailibility problems were addressed long time ago. But like in every corrupted government, Bitcoin has biased devs, greedy miners and exchanges driven by capitalists. Why to care about tech? When everyone is just become wealthy on nothing. This is why its scam and this is how it become useless, because everyone only cares about price, not utility on day-to-day basis. Typical ponzi game. 3. Bitcoin is store of value, fake as is. Everything that has Blockchain underneath is store of value, Bitcoin is neither exception nor unique here. And again it has no value, because there is no utility. Remove exchanges from equation, and tell me how much BTC will be worth 1 pizza? UPDATE 24/01/2018:Everyone is amazed of why I called it useless, well, recently Stripe dropped support for Bitcoin payments. This is the prove of Bitcoin being useless. Stripe was not the only one in recent months to do so. It should ring a bell. UPDATE 23/01/2018:useless, guys the fact that some of you become reach and wealthy does not make Bitcoin useful. You wealth does not come from values that are used in propaganda. 1. Why I am still here? I believe there are technologies that are better maintained and lead than BTC, I prefer put money in something that bring value, has use-case and been used. 2. LN is panacea! Well not, so far its more dream than reality, no doubt it will be delivered in one or other way, but it will not solve all problems and so far it has more questions than answers. Bitcoin is not useless, it will be only useless if you invest on the wrong time because the market is volatile so you should always look for the stable price before investing to determine if you are going to earn profit or not. |
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Have you ever thought about buying bitcoin for your children as a future investment?
Yes i always think about the future on what will happen on cryptocurrency in the next few years because there are a lot of people today who are working on the corporate world and leaving their job because they want to focus on trading in the market. |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
I do not believe that bitcoins will crash because it already reached $19k dollar last december 2017 and another thing is that, the market price is keep on increasing because of the low amount of supply due to massive investors so we can expect that the price of bitcoins will increase even more in the future. |
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To the best of my knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies. Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin exchanges.
Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.
But have you come to think of it... Whether Bitcoin can be used for illegal Activities...
What are some ways you think it can be used for? (illegal Activities) mention some.
Saying that bitcoin is used for illegal activities is not a reason to ban cryptocurrency because fiat can also be used for illegal activities but why they are not banning fiat ? , there are only people out there who cannot really take advantage of bitcoins and they are envy of other people who are earning cryptocurrency. |
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Bitcoin is just a virtual currency, but it is used as real money to buy many things. There are many people who accept Bitcoin payments for items, including online stores and regular stores. Popular online stores accept Bitcoins including Newegg, Overstock, Microsoft, Dell and more.
In the United States, there are Reeds Jewelers, One Shot Hotels, Holiday Inn, and even pizza locations, restaurants and more. You can even use Bitcoin to buy addictive drugs, gambling, bullion, or even donate to charity. This is the reason why I like BTC.
Mostly FOMO and propaganda. But even so, you can do it with PayPal or your credit/debit card or even other cryptocurrencies, Moneygram, Western Union, etc. What is the value of Bitcoin ? if you need to post here that "you can buy things with it" (with transaction costs and waiting for confirmation from miners somewhere wasting electricity in non-sense). YOU ARE BEING INDOCTRINATED by the "early adopters" to hoard Bitcoins purchased at expensive cost so they can DUMP and cash in profit for the next round of propaganda and pump and dump of BTCubble coin. Bitcoins is very profitable as well and you can invest immediately anytime you have a good amount of capital then start trading in the market, there are a lot of people who prefers to do this way more than working on the corporate world because they are earning more money in this way to sustain their daily needs. |
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Since bitcoin has a fixed number of attributes, more entrants will push up prices due to tight supplies. Bitcoin has a promising future, which makes people who invest in bitcoins feel good.
Bitcoin will become a mainstream currency by 2020, becoming part of the global "strategic reserve" and "asset allocation model".
I agree to your perspective but bitcoins today is already the mainstream and there is a huge chance that bitcoins in the future might get even better in terms of price in the market because of the popularity of cryptocurrency and other altcoins that is being promote each day. |
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Hey, if you're here in this forum now you predicted well and exactly what is it now before 6 years. Hope you are a well deserved expert and have known the future. Yes, we're in $10000 trend now and expectations of everyone here is around $60000 within this year end. Hope some one would post like me after 2 to 3 years that $60000 have already crossed and they're in to $100 k now. Really happy to hold and part of Bitcoin success journey.
You are right, just by trying to rank up your account by creating constructive post because if you create post that are very helpful for other person then they will might give you merits and that is one of the way to rank up your account and work on bounty campaigns then its like your working on the corporate world as well. |
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Hello Everyone. Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension. but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam.  I got this boring felling with my friends opinion. Because I always believe them bitcoin about. Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible.  The reason why people cannot fully believe on the growth of cryptocurrency is because of the companies that are creating black propaganda's in order for people to doubt about the growth of bitcoins and it might be a scam or something that they will regret in the future. |
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I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
Investing on a range of $18k ~ $20k is really bad because there is a huge chance for you to lose all of your investment since the price is not really stable as of now. The best thing to do is just hold your capital and wait for the price of bitcoins to increase before investing a huge amount. |
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Have you ever wondered how would the world's economy be like in the future as a cashless society? Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more. If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology. Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies. Nevertheless, I would like to know your opinion about this.  Cashless country is actually really good because there will be less robbing of money to happen and people will change their fiat into virtual currency. There are high class people out there who are planning to have this nation but since not every government does really like it then it will take more years to happen. |
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I invest a huge amount of bitcoins when the price is still at $19k dollar and now i am losing a huge amount of profit because it was down to $10k dollars, that was the dumbest thing i ever made when i am not knowledgeable about the market. |
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Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Definitely all you have mentions are the advantages of using bitcoins. Most of the people uses bitcoin because of it's features and it can give us extra money to fulfill our daily needs in our family. And also anyone from any country, of any age can accept Bitcoins within minutes. There is no ID card, passport or proof of address that all conventional banks required to open an account. All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address. What's the best about cryptocurrency or bitcoins is that, it is really good for long term investment. Another thing is that, you can use cryptocurrency just like credit cards and you can purchase different products online in a cheaper value. |
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For now I use bitcoin only for earning profit ( buy low, sell high). If we have stable bitcoin price we will use bitcoin for buying daily things , not for daily trading. Why will be better if price stable ? Example you get 0.12 BTC salary today worth $1000 and tomorrow will worth $800. That's why people don't take bitcoin serious right now.
If price would be stable, I will use bitcoin for spending daily for things I need.
Bitcoins will be useless if the price is stable because the only reason why people is keep on investing in cryptocurrency is that, the price is keep on increasing as the time goes by and that is the reason why bitcoins is good for long term investment. |
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