Banks is just a mediator between to two people or companies. Someday people will realize that it is not profitable and banks will disappear
From what I know people up to this day know that Banks are not made for profiting from it but for other purposes. People now put their money in banks just to save it and hold their money there for security purposes. Unfortunately it won't stop people from using banks as holding other peoples' money is not their only way to earn money but also loaning out their money, as you can see many people including businesses needs the money of the bank in order to fund their businesses and other daily needs. |
|
|
|
Have you seen the game, Thunder vs Timberwolves today? That was a great game, the Thunder were down big but they manage to get back on the game but they came up short because Wiggins is too lucky to hit a game winner. The Thunder are already in the 2nd consecutive loss now and I understand because they are on a back to back game.
Next game will be on 10/26/17 and that is against the Pacers, they will have a good rest figure out what they did wrong and for sure it will be a dominant performance.
The last two shots for the game were so thrilling. I thought Melo have it on the bag then wiggins pulled a buzzer beating 3pt shot that won them the game!! Wiggins got lucky? So you are saying a guy who scored 27 points against the Thunder got lucky? I guess not Wiggins is hot and under control when the time is running out and hit the clutch 3. And have you seen the play? They didn't even need a timeout and still scored the the game winning shot, you can see how Karl-Anthony Towns perfectly screened the player chasing Andrew to give him some space for an open look. The bank shot 3 made it for the team and he is showing that the 146 million dollars is worth it. |
|
|
|
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I believe most of the people around the globe is gonna use bitcoin in the future and it is a given fact, but I dont think its gonna be on 2022. And I also believe that bitcoin and cryptocurrency is not gonna destroy the fiat system which has been with us for quite some time now. I think its gonna be better if fiat and cryptocurrency is gonna join force, if that happens, people are just gonna be in such advantage. It is not a given fact. I don't like to ruin anyone's expectation of something but it is time to get real here. Believing that everyone will use Bitcoin in the future is simply hoping for nothing as everyday we are improving we can see that online transactions now can be paid right after they deliver your goods which is called pay at your doorsteps system, this system eliminates the needs of online payments such as Bitcoins and Credit Cards. Also another issue is the additional transaction cost you will be incurring if you opt out to pay in Bitcoin. |
|
|
|
almost at 17,5 billion rolls now,wow
with this tempo Bitsler will be getting 1 billion rolls every 15 days or so!
probably,the fastest growing gambling site out there at the moment
3 days have passed since the 17th Billionth bet and it is around 17,442,000 Billion + bets currently a high rate of bets on a small time frame. But I really think with this kind of rate going it will be less than 15 days before it will reach the 18th Billionth bet mark. |
|
|
|
|
I have read the article and as usual cointelegraph articles lacks content and sources making the so called news an opinion writing for me. Because what they are saying about the central banks trying to control Bitcoin and other decentralized currencies are false as the latest central bank statements of certain countries are about warnings on being scammed by the use of Bitcoin payments which is really prominent these days the only thing they want to protect is their citizens which is really normal.
|
|
|
|
Bitcoin prices have been volatile for a long time now. You really gave it a good definition by calling it a rollercoaster. Yes the prices reach a peak but they drop as fast as well. But it has always been about the investors. More the investors more is the increase in price.
Bitcoin future is really bright despite its unstability. Just hold onto the bitcoins you have. Do not undergo the influence of these increasing and decreasing prices. Be patient and you will definietely see the results in the profits you gain.
I don't really call people who are buying Bitcoin as "investors" but they are "traders" by the situation. And please don't believe in the concept that the more people buying Bitcoin the more it will increase in price because it's not, but it will be more volatile as many people will be part of profit taking and panic selling because it is really trading not investing. |
|
|
|
I honestly don't like your thread with a bad combination or red and yellow while... just its ugly (sorry for the word but no offense). It is not implying a good impression especially now that you're just starting. Just fix that and it would be nice if you just order list instead of making it a paragraph, I mean the green-lettered words.
Bump Judging my thread based on color combinations and font color of my post and not based on the content is simply non of my concerns as it is your personal opinion and not everybody has the same view as you have on my thread. |
|
|
|
|
Best to send your Bitcoins from your exchange account to your wallet. Of course you need to look for a wallet which offers a Bitcoin to Fiat Currency conversion by many ways from depositing the fiat currency to Bank accounts to door-to-door deliveries. I don't know the exact wallet options you have because it varies from country to country but I am for sure you will have one if your country is not strict regarding about cryptocurrencies.
|
|
|
|
|
There will be no such thing as an inheritance service. Because a last will and testament can exactly do what you are saying. A last will of a person is the best way in which your heir can inherit the things and properties you have left when you are still living in this world. And to answer your question, no the Lawyers who will be taking care of your Bitcoin wallet when you are dead don't even have to know the passwords of your wallet, they can even just instruct your heirs on how to operate the Bitcoin wallets themselves.
|
|
|
|
Wow also count my greetings methylminer, as a proud member of the community I would like to congratulate you for reaching the highest rank in the community. Not only will you have unlimited claims of 5,000 satoshis in your account you will also received 1 Bitcoin from the management of Bitsler which is really a generous gift from them. |
|
|
|
|
How will a currency control the economy of an entire world? It is like saying that the one who has the highest quantity of Bitcoin will control the world. As of right now I don't see any clear indications of which it will control the world, but looking at Bitcoin I see that it will help a country's economy grow as it has given some people a chance to earn additional income meaning the influx of cash has increased in their side, also the chance of tourist spending Bitcoin in their country will have a positive effect on their economy.
|
|
|
|
|
It is really hard to have an accurate forecast about something with that kind of time frame, I mean 26 years is really a long time by that time I think that there are many cryptocurrency in the market and everyone or mostly will be knowledgeable not only in Bitcoin but also in other cryptocurrencies. Also Bitcoin doubling in value in every 12 months is not an accurate statement as you will see in the prices of last year it barely reached the 1000$ price range, but doubling your money is a more right term as trader have more than double their money by that technique.
|
|
|
|
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I think people tend to store bitcoin maybe because if it feature of being volatile in nature in the possibility for you to have the double amount of profit that you have gain is high due to the fact that bitcoin doesn't decrease people but strong enormous count of forum user who strive to earn here. The benefit of strong bitcoin for a long time is the the more you store the more chances of gaining higher profit. I think the obvious benefit to holding you Bitcoin in your wallet is the assurance that your Bitcoin will still be in your hands. I won't recommend holding large quantities of Bitcoin in an exchange no matter what reputation they have as they have the power to hold it inside their system. The most clever way of avoiding it is by transferring the Bitcoin or any altcoin you bought inside your respective crypto wallets. |
|
|
|
Earning money is hard when earning in a right way. But there are some people getting money in a way that is easy which is scamming people. We understand why they're doing it but it is our responsibility to be aware from these people. It is in someone's choice if he/she accepting some offers that leads to a scam. Sharing awareness about a scam could save other people's money and it is a great way preventing it.
Actually, scammers are still around us waiting for the right time to strike. As long as, their still a person that can be their victims, then they still survive. Because we are not 100% that are fully educate/aware of all scammers and hackers strategies. They are very strategic person that's why they are hardly to find out. People scam because they don’t want to earn money at their own they just people for jobs and then deceive them and left them without paying them a single penny and those who are more eager to earn faster are the victims of scammers they don’t investigate don’t authenticate about whom they are working for when all the thing is done they know that they were in trap and all they did was just waste of time. Greedy people are mostly being blinded and can easily be trapped on those scammers out there because they know this is the weakest point on a certain person on which of being greedy.Whose the one who dont like easy money? None right. Therefore they do really use this thing to lure in people no matter what the cost as long they can able to milk out money and do made some easy scam. Well Bitcoin made it easier for them to earn more "easy money" in the form of many ways such us HYIPs and some ponzi cloudmining systems. They always design their website as the most attractive way possible putting some fake business certificate to lure in people especially the newbies in their scam. Of course we cannot get back our money anymore as it is stolen away from us with an untraceable kind of money. |
|
|
|
I do not think that this will happen in a massive way, because in fact the users of bitcoin are only a minimal part of the formal economy, therefore this lack of payment of income taxes will never significantly affect public finances.
You right, the numbers of bitcoin holders are not enough to wipe out taxes imposed by the governments. But it could certainly affect it's collections as number of bitcoin holders are increasing, it will automatically decrease unless the government will imposed mandatory to pay taxes. And it could be possible to happen if bitcoin and other cryptocurrencies will become legalized. You are right but Bitcoin is gaining popularity everyday and some day in the future it will have a massive effect on the income tax if people with businesses and even inidividuals abuse the untraceability of Bitcoin. The only solution I see is the government taking action by regulation such as identifying yourself as the owner of your Bitcoin address so that the government can monitor the transactions you are having. |
|
|
|
|
I have been here for more than a year now and I have seen Bitcoin rise and fall, but mostly I see how it got back up from 500$ last year. Right now Bitcoin has recovered fro the 4800$ as it is 5250$ now but don't think it is over yet through my experience one dip is not enough to satisfy the wallets of the big players expect a bigger dip in the following sell off. What you can do is take advantage of it and try to buy Bitcoin in the next dip as it is the best time to buy Bitcoin at a cheaper price.
|
|
|
|
Shit happen on Celtics, too bad Hayward got injured. This will change their season and sorry for Kyrie obviously Cavs will win their first game. Anyway, it's still early, there's a lot of time to recover from his injury. Much better it happen earlier rather than getting injured before or during playoffs.
That's a very normal thing in every league but what the heck happened to him that was the beginning of the regular season and this is very bad for the Celtics. But still anyway the scores aren't too far from each other 102-99 in favor of the Cavaliers that was an intense fight although many are surprised on what happened to Hayward. I guess he can't play with 2-3 more games as he needs to recover. 2-3 more games? have you seen the injury mate? I think it needs more time to recover and I think it will take months, and for them to still remain a good team, they need to adjust and accept what happen to Hayward, it's not the end of their journey yet since the competition in the East is lot more easier and they can make it to the playoffs and I hope by that time Hayward will be back. Gordon Hayward's injury is not more worst than what happened to Paul George in the past season and look at how good is him now? Obviously we still don't know if Hayward can play for Boston Celtics this season or if he can even reach when it is playoffs. But what I think is best is he rest this season out as he needs to be in full recovery and at the same time he won't mess the team's chemistry when he comes back. But look on the bright side Jayson Tatum will have a bigger role this season as he will be replacing him or at least divide the minutes with Jaylen Brown. That's probably a season ending injury there already for hayward. Hopefully he can bounce back from this when he returns because not everyone is like paul george. Look at derrick rose. Sad that it had to happe after a great season and the celtics became really one of the teams to watch in the east with him being one of the reasons. Well Derrick Rose has a different scenario, he keeps on re-injuring his knees and ankle not to mention he is playing a season where he hasn't even fully recovered yet. But still, look at how Derrick Rose play last season, sure he is not that mvp type of player anymore but he can still Ball a lot and he will prove it even if he won't start with Cleveland Cavalier's lineup. |
|
|
|
|
You always have an option to diversify your capital in to various investments and decide not to sit your money out in a bank. Because putting up all your money with Bitcoin is rather a dangerous move that no wise man will ever do and the risk of your losing the value of your money gets higher and higher as the prices goes up and not to buying Bitcoin without any knowledge of trading. Even if your consider yourself a risk taker I wouldn't recommend doing it as if Bitcoin falls you won't have anything left but a massive capital loss.
|
|
|
|
While I have nothing against BitCoin, what is really interesting to me and speaks to its volatility is that on most market places that accept bitcoin, bitcoin is the only medium of exchange, but due to it's volatility is not the unit of account. Instead, most goods are priced in dollars or Euros as the unit of account and then users have to calculate the price in BitCoin to use as the medium of exchange. It's a pretty unique set up that underpins the challenges facing an extremely volatile asset trying to play currency.
Even if Bitcoin is volatile it is still counted as an asset, like any other volatile assets are out there like stocks and gold. This shouldn't be debated in the first place because even a simple fiat currency is counted as an asset of any person our company. It is the most liquid asset you will ever have as all people accept it (I am talking about Fiat currency). |
|
|
|
To consider it as Trading, there should be Buying and Selling involved. If its Buy, hodl for a long time, Sell after a few years, I think that would be considered as Investing. You can't say that you are into trading if you just keep on Buying, Buying and Buying. You Buy a 2nd hand car at Low price, dress it up a little then Sell later, that's trading. Buy a 1 Acre of land at $10,000 USD, keep it for 5 - 10 years.
You are party right but both trading and investing involves buying and selling your assets that is how you make profit out of it. But to differentiate the two here is the simple way on distinguishing both of them. Trading- Holding of the asset for as long as 1 year only
- Relies heavily on Technical Analysis which you view their price charts
- Does not necessarily look at the performance of the company/ or physical condition of the asset
Investing- Holding the asset takes more than a year
- Relies heavily on Fundamental Analysis
- Looking at its performance is a factor in your buying and selling decisions
|
|
|
|
|
Show Posts
