There is no such thing as old Gold. Gold always has and always will be the standard for money, alongside its virtual equivalent, Bitcoin (of course)
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Bitcoin is the best, #1 investment in Human history. There has never been a similar rise in value for anything in just one decade Bitcoin went from nothign all the way to $4,000 each and it will rise to $1,000,000 someday.
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Saving money is investing it but you shouldn't just save money in a bank you should invest it in something, like stock market or Bitcoin.
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No, and people must stop asking this Bitcoin Cash will NEVER be the same price as Bitcoin, it just won't happen.
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Bitcoin is light years ahead of fiat money, which is still our predominate system that we use.
It is a step in the right direction and it is much easier to transact in, than precious metals currently.
Is it better? I wouldn't say that, precious metals is backed up with over 10,000 years of history, as being a safe store of value. BTC however, does not just function as a store of value, it has many other valuable applications, that should NOT be overlooked.
It is not apples vs apples. They are quite different and to simply BTC is a disservice to it.
Sorry but this is not entirely true. Bitcoin is not necessarily light years ahead of fiat at least in most respects. See, fiat can be transacted in a matter of seconds but Bitcoin transactions take up to 24 hours to confirm if you use a fee that is anywhere realistic to what you would need to do micro payments like anything under $5.00 which are obviously very common in most of the world. It has a long way to go still.
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Of course! Anything is always possible. Bitcoin could lose its value if something extreme happens like government shuts down all the exchanges or something like that.
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It depends what you mean by rich. Some countries everything is cheap to buy so to be rich you need only a few thousand dollars in other countries like Scandanavia you need lots of money like $100,000 to be rich so really it depends.
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Bitcoin is very hard to tax. Imagine the technology and manpower required to track all the addresses of everyone who spends or sends Bitcoin.
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Bitcoin will never be a national currency unless some country decides they do not want to control the money which is almost guaranteed not to happen because every goverment wants control.
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And the same will be in 2021 some will say they wish they invested in 2017 when only $2,000 or $4,000 but here is the reality... even in 2021 maybe the price will be $50,000 so then if people invest soon within a decade or two it will be $1,000,000 so they will gain 20x on their investment in 10 years which is still an amazing amount compared to the stock market...
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Actually when this post was made Bitcoin was falling before but then it went to $4,300 now it is falling again but I think it will rise back up to over $5,000 before crashing as everyone wants to see it get to $5,000 therefore chances are it will happen soon.
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Where did Bitcoin and bitcointalk.org start? How? And who is the main founder or creator of this website?
The main founder of the forum is Satoshi Nakamoto, the founder of Bitcoin. He posted here back in 2009 & 2010 before disappearing and now no one knows who/where he is. He hasn't spoken since then and yet Bitcoin continues growing to this day. Now the head honcho of this forum is theymos he is the top moderator, so to speak.
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I would like to see people spend Bitcoin using debit/credit card like the one company offers (cannot remember name). You load Bitcoin into your wallet and credit/debit transactions come instantly out of your wallet. It is amazing.
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Unless you are calling banks rats, then no. Bitcoin is a bank poison... lol. Think about how much money is in Bitcoin now that would actually be in banks if Bitcoin didn't exist. They are losing more and more business every day to crypto. And it will continue to be that way as far as I can tell.
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When does application reopen?
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I wouldn't give my past self advice. It would change who I am now. We cannot go back or forward in time, only now.
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Sad to see. They are a good exchange.
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Establishing a new forum takes time. There's a good chance that it will become a good alternative to the current 2 big ones - and that's good. As we can see, monopolies cause abuse and are totally against the idea of Bitcoin. Competition is really necessary here. However, I think /r/bitcoin and bitcointalk will always exist and have much traffic, even if the quality of posts keeps on going down.
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Banning users and deleting discussions (Reddit) or even moving them (BCT) solely to reach some political goal is not 'so called "censorship"' it is the very definition of it.
Moving threads is not the definition of censorship. I will not talk about reddit. Bitcointalk.org is a privately owned forum, i.e. theymos is letting you talk about A LOT of things in his backyard. I'd say for sure that 99% of your guys have minimum experience with forums. Quite a lot of admins would instantly ban you for even accusing them of censorship or similar stuff. Theymos is really tolerant. Moderation has been lighter here than on Reddit, that's true. (I've only had two of my posts deleted and nothing particularly important) But it's hard to know full extent of it. As much as I disagree with Theymos' position I don't think he's lying and it's time for me to move on to somewhere where the moderators wont actively try to sabotage the discussion.
Then go ahead. If someone does not like the rules (which are pretty good in my opinion), they can either: A) Respect them; B) Leave. A lot of people have complained on various things and said that they would leave, yet almost nobody ever did (i.e. leave for another forum).
Update: Nice ninja delete. I've deleted my previous post because of it. You can always argue and say "it's private, why don't you make your own one" but to be honest, that's a lame excuse. You also cannot just leave Facebook and use another social network if you don't like Zuckerberg's latest policy changes. I would agree if this forum were still small or one of many. But with more power and influence comes also more responsibility. That's why there are laws to avoid monopolies, for example. In the end, it's a question of integrity of the people who run a forum. I think bitcointalk is mostly okay, but on reddit, you can see a huge abuse of power.
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I used to be an active poster on reddit and here (with another account) but I stopped because of the ridiculous behavior by the mods. If I want to discuss Bitcoin with others, I do in private channels. I'm just here when I'm bored and like to read about the latest gossip. I think, the 2 main Bitcoin forums have become irrelevant to people who are deeply involved in Bitcoin. Sure, every now and then, there are good threads and it's also fine for asking questions but that's it. Besides, a centralized managed forum for a decentralized currency just doesn't fit.
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