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What do you do? Like for work.
The easiest way to make money is to do what you do west...which currency you get paid is irrelevant. You can get paid in any currency and t hen buy bitcoin with that currency. Figure out what you do well and then advertise that you're available to do it - which you can do on this forum in the Services board.
Good luck.
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The rules of the market are always the same - supply vs. demand.
Now how those market forces are engaged is completely up to what's going on in the market. So yea, someone with a ton of BTC can flood the market and the price will go down. Or someone can decided to buy a ton of bitcoin and the price will go up.
It's not manipulation in the bad sense, it's market forces working correctly.
How did the last run up and fall hurt you? It seems you're feeling that you've gotten screwed somehow.
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I like that you providing a way for people to find work on your World Bitcoin site. This is really a great thing, helping people find work, helping spread the bitcoin economy. DO you plan to have updates out soon?
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Do you need a house? If so, sure do it. If not, don't do it. There are easier ways to keep your cash safe if you're not in need of real estate (and the time and effort it takes to maintain.)
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You know how people in RL investing suggest differentiate 1/3 in securities, 1/3 in real estate and 1/3 in savings. Is there something like that in crypto? Has anyone found any sustainable crypto security?
The only comparison in "crypto" is owning multiple crypto-currencies. There may be Bitcoin companies you can be stock in or a Bitcoin investment fund, but you should just put your fiat into those, not Bitcoin. |
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Why would you sell your BTC?
BTC IS the investment. Hold your BTC and then put fiat into some other BTC investment (like stock in an exchange or investing in an ETF.)
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You can't have a fork succeed if a majority of the volume of transactions will be able to be routed to the new system, to the fork.
But, idealistically you'd generate some sort of consensus among the community that the approach and timing of the fork is agreed up. Ideally isn't always reality though.
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I can't tell if you're quoting an article or if these are your own thoughts. Making the Fed public seems like a wise move but it won't have the impact intended. It'll just open opportunity for the same big banks to buy ownership in the Fed, which not only gives them a share of revenue from the lending but it also gives them authority to influence how the Fed is run (rate moves, etc) over the people. It would actually make the problem worse!
What we need is the Fed to be private and controlled exclusively by the US government - that, of course, will never happen. I mean, it is private, but it's not controlled exclusively by the US Government. It does, however, remain quite separate from "the bankers" as you call them. The bankers are slave to the Fed, seriously.
P.S. why all the italics?
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I think all you do is scan the QR code into your bitcoin wallet to import that private key and Voila! you're done.
But the coin's numismatic value is almost certainly greater than the actual bitcoin value itself.
Haha, there are no QR codes on Casascius coins. It's definitely more of an enter the private key into a transaction platform. Here's a pic of a Casascius coin - the front and back - no QR code: http://www.spotcoins.com/bitcoin/casascius |
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What about Genesis Mining offering the 11x hashrate package?
Any truth or validity to it?
Everything I've read says that cloud mining is too risky and regular mining is a think of the past...a thing for "big business" so to speak.
WTF was I doing in 2010???!!!
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I agree that some people might not talk about it much due to fear of response from people that don't know about it or do know about it and think it's "crazy talk".
But I also notice that while people may know the world "Bitcoin" most/man/a lot of people don't care to know what it is, or want to use it or are even curious. This is why it'll never be a #1 global currency or take over the Dollar or some such thing. Because know Government or institution is ever going to be able to mandate its use (and no Government is going to just cancel their fiat and say "use whatever you want")
The key to adoption is really having stores accept it AND have signs around that say "Bitcoin Accepted Here". Do that and people will wonder what they're missing out on.
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Don't beg for fish, learn how to do fishing.
On top of that the OP demands the information - "Give me..." To the OP, don't worry about the avatar campaigns, you're not going to qualify for one. Perhaps spend your time reading and seeing if information already exists in an easy place to find before you start demanding things from people here. |
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If we're all over the shock that the OP's coworker in IT didn't know what Bitcoin was, what was the OP's question?
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With immediate regret.
And we have a winner! Honorable mention goes to Quickseller with her (sorry man, the picture has sodl me on your gender) with these words of wisdom... As a general rule redeeming a physical coin is going to significantly degrade the value of the coin, and you would be able to get more out of the coin by selling it as unredeemed verses redeeming a coin then selling it as a redeemed coin.
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I don't think gold is as much at risk. Anyone that buys gold is storing it themselves, not by the government. Currency isn't backed by gold anymore. The problem with gold is that it's difficult to carry and store insignificant quantities, whereas bitcoin certainly is. You can't walk onto a plane and travel anywhere in the world as a common man with $1,000,000 of gold...but you can with bitcoin, very easily.
Good luck with your work!
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Cloudmining is very risky as companies can easily run away with your funds or run a ponzi, showing no proof of mining. Even with lots of reputation, they can still be a scam, for example AMHash. In most cases, cloudmining would result in a high possibility loss and a low possibility of profit due to the high maintenance fees. However, some good cloudmining companies are hashnest and bitx.
I agree. But even with good cloudmining companies such as hashnest and bitx there is no guarantee that you will make profit. Only invest what you can afford to lose. Right now due to high maintenance fees the possibility to loss is very high. The Most Important Rule of Investing: Never Make an Investment if You Couldn't Afford a Total Loss Nah man, that's the most important rule of gambling. Investing requires much more restraint and discipline and risk control. |
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Who's your audience for this site? Anyone in into bitcoin?
I'd want to see more news and developments of what's going on in Bitcoin around the world...like Coindesk.
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Do you get any other message with the fail?
Are you sure there isn't some temporary outage for maintenance or some other issue?
Can you contact Bitstamp directly? - that would be a good first option.
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You should care more about the script then hosting because open source scripts in gambling and exchanges etc ... have backdoor most of the time , and if you don't have programming knowledge you will end up losing money and getting hacked instead of making profit , so it's not really recommended to run an exchange if you don't have money for developers/designers & security experts .
Did this answer your question? If not, you should post your question to the Alt Currencies or Projects boards where you'll find a greater volume of knowledgeable people reading posts. A lot of people with deep technical knowledge don't make a regular visit to this board... |
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It's hard to give advice to you without knowing what currencies you're trying to trade, the amount of money, the frequency of trades, your trading style and risk tolerances. Generally, here's what I'd do... - Instead of trading often save up a balance to trade when you see the greatest opportunity
- Focus on just two currencies, and watch the prices, track the charts, when you see the greatest opportunity you strike
- Develop rules for your trading decisions and follow them without emotion (this is very hard)
- Track your success (or failure) and try to improve your performance
Good luck! |
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