i had played forex and all my money turned into lost ,because i left open orders when i went sleep ,those made me avoid any kind of gambling sites,controled by others, its amazing the coin doesnt moove when market is open and when we go sleep the markets wake up and dump or pump enought to catch some orders...
Lol that is bullshit. It has nothing to do with gambling, or atleast I dont even understand what you are talking. Did you trade EUR/USD or forex pairs like that? If yes then maybe your broker was a scammer? Or you just used too much leverage? (If your account gets wiped out in 1 trade that was a ultra big risk market order) Nontheless gambling and trading has some similarities. But you have to understand that risk management applies to all! YOU JUST CANT BET YOUR ENTIRE DEPOSIT ON 1 TRADE/GAMBLE/BET!!!!Split it up in many small orders, and only bet what you can afford to lose! |
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The bank fees internationally are very high, if we compare these fee with bitcoin fees then it is just nothing.
The bank fees are ultra high, it can be considered an extra tax on your money. Imagine the big companies like google or microsoft that deal internationally, they pay millions of dollars, just in banking transaction fees, can you imagine that? And the banks really book alot of money, but I dont think the banks like the high transaction fees. Now you might think why the fuck they do not like it when they are profiting tons of money from it. But actually they dont because, they would prefer if all transactions were faster. See if TX cost is high ,then people dont transact much to save on the fees, and because of this a big lump develops which slows down the economy. If the TX speed were faster, then the banks would profit way more than from TX fees, because the prices of the assets would rise much faster (stock market, etc.) So I believe a lot of banks work hard to minimize the TX fees as much as possible (because most of is is just a cost of AML/KYC background checks and risks). SO that is why banks like blockchain technology that much. |
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bitcoin generates satoshis,the thing is people changes from banks and companies investment because crypto world offer much more % there is a huge potencial but a huge risk involved.
Definitely, just look here: https://btcjam.com/invest14% YEARLY INTEREST!!!! Which fucking bank gives that much? I just checked my local bank, they offer 1.5% interest rate for 1 year  They must be joking right... |
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<BS skipped>
What about endogenous money creation and destruction as required by the economy? I assume it won't be a matter of dispute that 1) this is a useful feature, and 2) Bitcoin is totally devoid of it... Money is never destroyed, it is supposed to when the interest rates rise but we all know how BS is that. The interest rates can never ever fucking rise again, because that woud collapse the world economy under the pressure of debt |
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Imagine if you were to buy Bitcoin from a 3rld world country. They would ask for dental prints, biometric data, fingerprint, retina scan, voice scan, and family tree documentation |
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What do you think about this phrase told it by Simon Dixon: our financial problems are derived from money toilet paper fiat currency, “simply because money toiletpaper fiat currency is created by borrowing itself into existence with interest on it.”
"Therefore there will always be more debt that currency in existence, because the interest rates is an addon to it. So you can never pay off the debt, you can only print more money to pay off the early debt until the ponzi scheme collapses...."
I edited your quote, this way it is more realistic. Toilet paper ponzi fiat currency is not money. Its just a "bank-note", which is a fancy way to sell scam financial instruments to the gullible public. |
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This is the current Bitcoin inflation (with a 1-2 hour delay based on blockchain.info).  It is calculated on the past 365 day moving average of minted coins in the past 365 days. It is not the YoY inflation that is measured from January to next January (which is segmented and incorrect way to measure inflation) |
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I heard about a guy somewhere in New York state who allegedly makes up to $300.000 a year by methodical begging. That guy is out on the street 10 hours a day using subway and Bus lines and doing really hardcore. I was told that story in a seminar by Gerald Hörhan who is a former investment banker for JP Morgan in NY and became really rich with real estates later in Germany. Damn that guy is really crazy and funny as hell. http://investmentpunk.com/gerald-horhan-der-investmentpunk.htmlA pitty his website is only in german. I heard similar too in the UK a guy begged up to 500,000 GBP/ year and he begged in torn clothes and fake beard before a bank, then at night he drove home to his mansion in a ferrari. He was caught of fraud later, but the court ruled that he was innocent and he only had to pay a little fine. Probably he continued after. That's exactly why I never give money to a beggar on the street, instead I walk with him to the closest fast food place and order him some food, just in case if he was actually poor. There's a special place in hell for people who fake that kind of stuff, but there will always be people who would rather beg for money than actually working for it. Haha but you fail to notice that this was just a tiny scammer. There have been 100x more bitcoins scammed on this forum than that guy would have scammed in his whole life. Swindlers, scammers, charlatans, whatever you call them, the world is full of them. Not to mention the biggest ones of them all, the financial system |
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Glad I found this thread, it was so buried under the other crappy cryptos. NXT is really my old favorite, I hope you guys will deliver this coin into the top 3. I see ethereum is just a bad joke, this coin is the real deal. I hold a moderate amount of NXT, and I will hold it long term  Good luck and keep working hard on it! |
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If your grandparents put away their childhood & teen savings and early wages, in their 20's in a lockbox, and store it until they become pensioners, they would lose 99% of the purchasing power of their money due to inflation in those 40-45 years.
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What do you talk about guys, Bitcoin is Currency, Bitcoin is Money.
Fiat is Currency, but Fiat is not money, it's a "bank-note" a.k.a toilet paper with human pictures on it.
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If there would be no fiat money, bitcoin would probably be used by much more people than it is now. People need a means of exchange, and bitcoin is perfect for the digital age +2000 era.
The first part naturally contradicts the second Ok, i corrected it. I like you are like my old grammar teacher, always picking on the small mistakes. |
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Because maybe sometime, the Bitcoin price will gone high to $100000 and then i will buy for much money I think you may be dreaming for that to happen but what if prices go back to less than your purchase price? So you should always watch out on your investments. Nothing imposible, but i never choose to hold it forever, you can save small amount to price $100000 If you post something which isn't realistic then you should back with some data to prove otherwise it's is called dreaming. What you predicted is quite impossible to get there. it's a good strategy actually, saving a small amount in bitcoin, let's say 10 coins, and waiting for 100k in price, than going full retarded and buying 1k coins and waiting for 1k in the first case there is almost no risk, unless you're living on the street, but the wait will kill you i presume, in the second case, the risk is greater but the chances are bigger I already executed by big bitcoin buys. I will only buy now small amounts after every salary. And it will give me some extra boost. I really hope in 5-10 years it will be spendable. Or atleast there would be a country where it would be, and i`d move there. |
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What do you talk about guys, Bitcoin is Currency, Bitcoin is Money.
Fiat is Currency, but Fiat is not money, it's a "bank-note" a.k.a toilet paper with human pictures on it.
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If there would be no fiat currency, bitcoin would probably be used by much more people than it is now. People need a means of exchange, and bitcoin is perfect for the digital age +2000 era.
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How do people lose private keys? All I've had to remember is my email and password to access my keys and account.
You hold coins in an online wallet. Some people store it on their PC, and all they have is a password, and a wallet. If they lose any of them, they are fucked. Gotcha. I store mine offline in a "vault" (cold storage) but not on my PC. Then what do you mean by e-mail and password? Why do you need an e-mail for offline vault? |
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The US politicians's first decision was to accept bitcoin as a means of payment for campaign donations. It's obvious what politicians want, campaign donations! They will like bitcoin because it will make them easier to accept donations, there is no reason why they would ban it. The sooner the politicians realize this the better it will be fir bitcoin You dont understand guys. Bitcoin wont be banned, all people love bitcoin: banks, politicians, businessman, average Joe. We can all be friends, no need to fight against eachother. |
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Where is that bar where hot south asian girls show their tits? I would love to get into one |
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I think it should not be regulated, or atleast it should be regulated lightly, and not more than any other business. Bitcoin should not be discriminated anymore than any other form of business (where are the minority rights advocate socialists when you need them )We dont want some bureocrats dictating the use of private property of other people, that is fascism. |
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Fucking 502 error again. I wrote a damn long post, and hit POST, and its all gone. Wasnt even saved in the drafts.
Fuck the errors, from now on i will write all posts in notepad and copy it here.
got it too. you could have reloaded the page and click 'resend' when prompted. at least that's what I usually do when using firefox. IF I reload the page I get 502 again, and by the time it goes away, the textbox empties out. It is not saved in draft. So i`m fucked. I write a post for 20-30 lines, and i`m fucked, i need to write it again. Next time i use notepad. |
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So you guys are saying to me that a coin like NXT, which has resolved many core issues, have integrated tons of new features, has a functional lightweight wallet, has all sorts of great and helpful features, is just worth a trash?
You gotta be kidding me guys, it is the most innovative coin in the top 10. Fuck Ethereum, it doesnt even have a GUI wallet. NXT is probably the 2nd best after Bitcoin.
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Gambling as a form of income as some people see it is wrong.
Gambling as entertainment is as wrong as any other form of entertainment.
Well its not a stable form of income, that is for sure, but it is income nontheless, a very risky & very rewarding form of income. As entertainment, it is a very exciting, adrenaline pumping experience. If you got some spare cash to throw away, you definitely need to try it, it is a good feeling. |
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