Bitcoin Forum
June 21, 2024, 07:52:06 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 [224] 225 226 227 228 229 230 231 232 »
4461  Economy / Economics / Re: Will bitcoin change the distribution of wealth in the world? on: October 28, 2017, 08:06:31 AM
We want better education, better healthcare, better everything and yet our very money does not allow for these things. Our money, enforced by our governments, is what holds us back more than anything. Real economics is not allowed to take place in our current world. But Bitcoin is changing that. And if governments are unable to stop Bitcoin, which it will be very difficult to do, then we are in for a life changing world in the near future. Just as how the Internet removed the lies of religion and government, so too will Bitcoin remove the chains of government.

Bitcoin with all its paraphernalia of positivity as to why users adopt it like - removing the chains of government, decentralization etc, it can't distribute wealth equally but can only create avenue for new wealth creation which people who see the vision can become rich and others who don't or who still see it as a bubble and waiting for it to burst; thus people already invested losing their money , would keep being backwards in the distribution.

This is synonymous to what happened in the early adopters
4462  Economy / Economics / Re: Bumps on the road to BTC general adaptation, preventing increase in its price on: October 28, 2017, 07:54:40 AM
I looked at my web search history and I see that I searched for bitcoin back in 2013, 2016 and 2017. In every instance, I saw negative comments, especially from mainstream media and how useless bitcoin is. Most of the time apparently I went to bitcoin.com and it did not convince me to get bitcoin. I vaguely remember going to a faucet one time back in 2013 but it was full of ads and I did not get the concept back then Sad
This happened until after I was fired from my job and saw the high increase in 2017 July, which is kinda late. I spent like 2 months to figure out how to send fiat money to a good exchange.
These are the bumps on the road to the general adaptation of bitcoin.
Do you have an idea on how we can make Google search bitcoin-friendly?

Even now the top three search results come up with:
Bitcoin rallies to hit a one-month high but experts warn of a volatile upcoming event
C[Suspicious link removed]m · 23 hours ago
Bitcoin's price bubble will burst under government pressure
The Guardian · 18 hours ago
Collapse of Bitcoin Inevitable According to Harvard Economics Professor
CoinTelegraph · 5 hours ago
ALL NEGATIVE!

Financial houses are compilation of economist and this field always believe in the taste of phenomenal scientifically. When the outcome is not felt in that light, they classify it as a bubble. This is no other reason that economists have been kicking the idea of bitcoin and cryptocurrencies. It is however unfortunate to the bubble believe because bitcoin is already enriching people  Grin
4463  Economy / Economics / Re: Bitcoin price on: October 27, 2017, 08:34:16 PM
Wow, its getting higher. I hope it will go down so that I can buy at lower price. For me the move of the bitcoin price has nothing to do with the economy. Bitcoin now a day is in demand and has many use worldwide. Many countries are now using bitcoin as sort of online payments and other online transactions. I hope it would help. So we have to save bitcoins we do not know it will rich 500,000 in price
Yes I agree that bitcoin relations very impacting or associated on the economy if not now, maybe later in the future. with the increase of the number of users or every country will be able to make a bitcoin and mempegaruhi into a higher price and worth the factored in the global world of the internet or even with the soaring price of bitcoin then everyone will feel happy and feel benefited.
 

The undoubted impact bitcoin and altcoin will bring to the economy is the emergence of new wealthy people in the globe. This impact is already started to be felt, people investing just little fraction of bitcoin in altcoin and making 500 percent of the invested fraction just in couple of weeks, this is huge.

On the other hand, I see a negative impact too which is that, it will most likely lead to inflation because when few fractions of bitcoin is converted to fiat, you would have too much fiat chasing few goods and in economics theories, this will lead to inflation in the economy.
4464  Economy / Economics / Re: What happens to Crypto when normal stockmarket collapses?? on: October 27, 2017, 08:14:26 PM
Stock market and bitcoin market are different entirely. So, if the stock market is no more, it won't affect the bitcoin market negatively in any way because they don't run contemporaneously.

However, it might expound the bitcoin market because it will then mean more people freed and searching for places to invest on.
4465  Economy / Economics / Re: Bitcoinconomics 101 on: October 27, 2017, 11:08:19 AM
Hi!

I have written my two cents on this here.

I am trying to describe the Bitcoinconomics for dummies https://tinybowl.blogspot.co.uk/2017/10/making-sense-of-cryptocurrencies.html and would appreciate any feedback.

Note: This is a blogger blog with one entry and does not have adds nor makes money, this is not spam.
Very nice.
do you want to be an author?

Thanks.

Emm .... not really, I am not a writer, I am an engineer with some additional education in business, but I would like feedback on the concepts. The thing is that nobody would read it if I write 20 paragraphs of size 8 text and add 5 tensorial equations I guess.

Off course, writing a voluminous op makes it boring to read and contribute to. The whole thing becomes shady,  nice one all the same.
4466  Economy / Trading Discussion / Re: Where to invest bitcoin? on: October 27, 2017, 10:06:51 AM
I have two bitcoins
i need to invest them
I'm looking for where to invest
Any recommendation

Nice to know you have two of the much talked about bitcoin  Grin

If I have two, I would keep one in a safe wallet then invest the other in altcoins. I sure with this, you will be more financiallly successful.
4467  Economy / Trading Discussion / Re: How to choose good coin!? on: October 27, 2017, 09:52:34 AM
That's a good question.

You should always check for -

Historical Data of coin
The project concept behind the coin.
The team involved in the project.
The roadmap and current status of the project accordingly.
Whether coin is part of pump and dump group if yes then join it.
The traded volume of the coin and market capitalism for it.


All these and many more factors will define the goodness of coin if they are on the positive scale. You can't just make it short investment but the longer one to get hold on that particular coin.

These are actually some of the factors to check out for in wanting to invest in a coin, stock and shares in a company and other commodities etc.

Meanwhile, number three factor is very key to me - "The team involved in the project". The people behind the project or any financial project is very important. If you have people who have experience and have excelled in the exact project or other fields, their names alone in the board will drive the project positively because so many people will be attracted to it with the believe that they have done successfully in their different endeavors.

Also, on the flip side, incase the boat seem to be capsizing - when the "chips are down ", they understand it, know how to reach out and what to do as well.

4468  Economy / Economics / Re: What must happen so that cryptocurrencies are less volatile? on: October 27, 2017, 12:52:35 AM
In explaining the volatility of cryptocurrencies , I believe is because it is relatively new and fewer users are on it now.

The more people come and invest, the more difficult it will be to manipulate and the more its volatility is curtailed .
4469  Economy / Trading Discussion / Re: Bidding with Bitcoin!!!!!! on: October 27, 2017, 12:43:59 AM
hey guys,  how good it will be if we can participate in auction and bid with bitcoin. it is started to happen now. An italian auction house has allowed bitcoin to  enter into the realm of auctioning. so it is a great news isn't it? using bitcoin in public functions frequently will make it easy to spread to show others its positiveness.

checkout the link: https://news.bitcoin.com/italian-auction-first-allow-bidding-bitcoin/

Obviously, this kind of act would elevate the popularity of bitcoin to the world. It will show that bitcoin can be used to do so many exchanges like fiat and this is really a good one. Cudos to the Italian auctioneer that decided to use bitcoin.
4470  Economy / Trading Discussion / Re: What is the first rule of daily trading in your opinion? on: October 26, 2017, 07:34:16 AM
I advise patient as the first daily and all rule to trading. That is to say; with patients you won't hastily rush into the market without researching all necessary things you need to do just because you see a tricky light or position and you want to quickly 'grab' some profit - which could mean stocking and regretting .
4471  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in alts in 2018. on: October 25, 2017, 06:18:48 PM
So to buy ETH for that money? That was my first and only plan but then I thought that maybe there are some coins coming in the future that have some promise.

I think we are going to see the light from altcoin by 2018 because we have so many with icos this year.

Is going to be the year of altcoin only if one can be lucky to invest in a promising coin.
4472  Economy / Services / Re: indaHash Signature Campaign on: October 25, 2017, 04:38:18 PM
Hello sir;I am junior member now and I will become member tomorrow.so can I apply for this campaign?

 Grin Mate I think the upgrade for activities for this period has been done, another upgrade will be next 14days.

Be patient, you will get there.
4473  Alternate cryptocurrencies / Altcoin Discussion / Re: I have money , but thinking about best return of investment on: October 25, 2017, 07:27:16 AM
I would say patient is the best key in the business of cryptos.

Therefore, if you can wait for at least one year to start expecting income then you research on altcoin that are very cheap and also that has capacity to grow or that are used for exchange.

Get like 3-5 of them and buy into, I'm sure you must smile with huge profit in a year's time because they must appreciate.

Think about that. I just bought into sic
4474  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alt coins dump again before November's big fork ? on: October 24, 2017, 08:12:30 PM
While I am watching my alt coin portfolio quickly reenter the green I am starting to think about the next fork.  The upcoming fork is significant unlike this recent BTG fork.  Could create a lot of waves.

Alts dumped badly on this recent fork because everyone wanted the "free" BTG coins. Upcoming fork I am not sure about.  Wanting to decide on my position and if I should sell off a decent amount while they are up. Re buy when the dump like I did on this last fork.

Thoughts ?





I think the decision you made earlier by buying when people are dumping and now that they are in green, I think is time for you to sell off rather than continue holding. You can do this, get your fractions and wait again for the fork for November. This is business.
4475  Bitcoin / Legal / Re: Bitcoin is ...nothing,acording to my country`s laws. on: October 24, 2017, 07:34:55 PM
I live in a country in the EU and i tried to get some information about how can i pay my taxes for my btc revenue.
Acording to my country`s legislation:
1.Bitcoin isn`t  digital money.
2.Bitcoin isn`t a digital asset.
Acording to the laws,bitcoin is nothing...BUT acording to the same legislation,i`m obligated to pay taxes for all my revenues,including the income from online trading.What if all my income comes from bitcoin trading?
Do i have to pay any taxes or no?Sorry,if this questions is asked here before.
Is this ridiculous?

This scenario you have here is strictly legal and has to be viewed in legal perspective.

Looking at your items one and two , it seems as if you didn't mention a confine for bitcoin - I mean, there is no "umbrella " for its coverage aforementioned. Therefore, I would just as you a rhetorically question maybe  - where does bitcoin belong to?

Then, the rule is , again according to you that taxes are to be collected or payed for income including those from online business or trading .

The argument therefore is that, since bitcoin is not mentioned in the class of activities to be taxed or if bitcoin is not classed as digital money or digital asset and you make your income from bitcoin (that we all know that it is digital in nature), it means you don't have to pay any tax or taxes accruing from bitcoin .

In conclusion , "you don't put something on nothing and expect it to stand".
4476  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: October 24, 2017, 07:17:22 AM
Cryptos are in a world of its own with its obvious limitation which we already know and one is you must be internet compliant, we also understand the illiteracy level especially in developing countries.

Having said that few, regular money is not to be compared with cryptos. Regular money is easier to access by all levels.
4477  Alternate cryptocurrencies / Altcoin Discussion / Re: Real estate backed cryptocurrency on: October 23, 2017, 03:07:49 PM
I don't trust those projects, I find them as dangerous projects for both investors and government. Cryptocurrencies are not trustable to me, real estate is better.

 Grin. Most likely you are guilding your self not to put all your "eggs in one basket"- is nice. Meanwhile, mate I have seen bitcoin transforming the life of an individual for good. Is a wow experience
4478  Alternate cryptocurrencies / Altcoin Discussion / Re: Unique coins on: October 22, 2017, 03:53:48 PM
I haven't seen SIA on here, it's quite unique with their cloud storage on the Blockchain.
Then we have Ethereum, which is unique for their smart contracts, it deserves a spot on your list.

Yeah, ethereum is doing good plus its market capitalization. It actually deserves a place on the list. Waves is good
4479  Alternate cryptocurrencies / Altcoin Discussion / Re: It's Time to Buy Alt Coin on: October 22, 2017, 03:47:54 PM
It's good to buy some low price altcoins now because i think they are riding in the bitcoin and selling their alts to ready in the upcoming fork. but i think all altcoins will be back on its price once the fork is done. It's just my observation from the previous fork bch.
Wait for 2 more days I think still the altcoin price will come down. Yes now people rushing to buy bitcoins for next fork but don't know what will be the price for bitcoin gold. if it goes one decent price like how BCH did when it launched then it is profit for those who bought bitcoins or else it is a loss because after this fork again the bitcoin price will come down.
May be wait a little more that 2 days. There are another hardfork of BTC in November, don't forget about it. And only after that alt's may go up. Only some of them  Grin

Is a good time to buy altcoin though but from my own lens and predictions, I don't see bitcoin falling below expectation if at all it is going to fall. After the fork, more people are going to invest in it and hold and this is going to straighten bitcoin more.
4480  Economy / Services / Re: Trippki Signature Campaign on: October 21, 2017, 09:56:49 AM
Pm have been sent, thanks.

Sorry, I had to turn down my application. You can replace me, thanks.
Pages: « 1 ... 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 [224] 225 226 227 228 229 230 231 232 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!