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That is really big for something that cannot be possible in the internet. Right now you won't be able to acquire that amount as faucets and signature campaigns are not enough to get to that amount. Even if you have multiple accounts here you won't reach that high without putting effort into your work. If I were you just take a job instead as it will pay more than any faucets that pay.
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well just like what other people's thought, I would vote for bitcoin even though the poll is already closed  I am hoping that bitcoin will be not only a cryptocurrency but also a new world currency and it will replace the US Dollar on the peak . that would be a really big change if it happened because no country holds bitcoin as their own currency or their national currency just like the United States I think they became the world's leading country and obtained the most powerful title because of their dollar .. It's not what you hope but what would really happen. Right now Bitcoin does not show that it can be a global currency but it is not the Bitcoin's fault but the government. they don't want a currency that can be controlled by an individual outside the government, it hands them too much greater of a power than the government can give. |
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No Paypal is not a scam. Paypal is a legit business in which they are registered and trusted in the transfer of funds. If Paypal did bad thing they can be easily track down while in the fake companies you won't be able to track them down because they are not real. Paypal is 3rd in terms of online transactions it comes right after VISA and Mastercard.
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That is not the real question. The real question is will you earn from your bank and still function as a bank that gives interest to your customers? Of course the answer will be a Big NO, because the #1 reason is that Bitcoin is volatile and a currency that is Volatile won't be attractive to people who are asking out loans from your bank. In return you won't earn anything from it.
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Nobody would have predicted Jokic to make 40 points.. The odds of that would have been 100x or more. I disagree with that. Jokic is having a great season in Denver. He scored 35 (against San Antonio), 30, 29 (2x) points last month. He's carrying his team when Gallinari and Faried is unavailable. When he gets 20+ fg attempts he score much more from paint. His free throw accuracy is also good, you can't hack-a-Jok, and most important he can throw 3 points. I like that type of European shooter Centers. He's only 21 years old, he has a very bright future. A few good games does not prove he is a good player, A good player is consistent with what he is doing and is reliable all through out the season. One good example is Jeremy Lin where we saw him become famous in the Knicks where he score unreal numbers but look at him now going to several teams because he can't be relied with the ball on. |
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Keep in mind that products based on Dollar makes Bitcoin change its value. If you buy a game worth 15$ as of now you have to pay .0152 BTC. It always change now the aim of people is to lessen the Bitcoin they will use for buying any product. The higher the value of Bitcoin the lesser Bitcoin you will pay for the product.
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As long as you have enough exchanges to convert your bitcoin to use fiat currency then there is no need of any banks. Because after converting to your fiat you will get the money through banks only. Right now to form bitcoin bank is very difficult because there is no proper resistance from the government with bitcoin. So this is really a bad idea to setup a bank.
yes in modern time we do not need any traditional banking system. i think the online wallet system is the best system. in which we do not need to visit bank and complete the procedure. using online wallet system we can use our wallet any time and any where without any delay and without any other issue. i will like to continue the wallet system for ever. as it is too much convenient for me. They won't even have the authority to build a bank ran by Bitcoin. In the first place they can't setup a bank that accepts unregulated currency. It will be a violation to the country's banking system. Usually the only thing they will accept is there local fiat and other currency that has a big value into it such as Euro and USD. |
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Hey mate, it is not that easy to indulge yourself into something that makes you only curious, in investing money and time you need passion to it. It might not that easy to have but as the time goes by when your passion really drives you to success then it is good.
You also need that some learning to get from your advisers and friends out there, they might help you on that, then in some research.
But as above posted, it is better to experience it by your own not relaying yourself to other’s experience because maybe your fate is different from theirs, but it is good to collect some ideas on how to grow and start on.
You forgot to see the essence of positioning in your investments which is an essential part of any part of profit taking. As you can see Bitcoin's price is way to high to buy more Bitcoin. The best time for buying it was awhile back in January where is drop back to 700$. This assures you that you are in a safe position to wait for it to grow. |
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saving money, without any interest rate, is always the worst way to go
I don't think you got the point. Saving is called saving because you don't expect profit from it. It is totally different from investing where you are taking risk on your money to gain profit. In banks you don't expect to double your money but you expect it to be safe from theft or stealing. Keep in mine that Investing you might lose your money. |
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I'm not against faucets but nowadays it is really a waste of time instead you have a lot of referrals working for you. If you have 1000+ referrals and 3 or 4 good paying faucet sites such as freebitcoin or moonbitcoin, you can relax and easily earn 0.01 and more per month. Better option is ptp sites as it allows you to earn passively. But all depends what are you doing with your earned satoshis. If you invest them into trading or lending, you can get much more and increase your earnings in upcoming months. Compounding is very strong method to increase your holdings in BTC. So, I would say that all methods are legit but: 1. Faucets are time consuming and tiny earnings; 2. Ptc sites - free of work method but earnings are small as well; 3. Signature campaigns - you need skills, ranking and hard to work to get your payments; 4. Trading - you need knowledge how to trade successfully, strong risk management, experience and luck; 5. Investing - you must have solid capital to earn just from it passively. To sum up, the best method for me is compounding all my monthly incomes and put them into a trade. When you will reach 3-5 BTC balance (it takes not one month), you can put them into lending and get passive income. The more you have, the more you earn  I extremely agree with that the faucet is a really waste of time, then you gonna make not a single dollar a day, it is not that equal then J and yeah PTP is more good than faucet but you have to work on that too but easy waiting than faucet. To make things simple, you won't get anything good when you expect something for free. Do you expect to be rich in faucet without even bothering posting your referral link? Or you expect a campaign manager to pay you for your effortless or non-sensible posts? Of course not in order to get paid you must show you are willing to earn that money. You must show the skill needed to do it. |
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Well you are right with one thing. Its that Bitcoin prices are already high or at least high enough for people who want to buy more Bitcoin won't profit from it. So that is why they will just wait for it to come back in price which is comfortable to them and that is about 700-800$ range. The price of Bitcoin which is above 1000$ if you bought now you won't expect to gain anything from it.
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Bitcoin Will be our Future Currency. Bitcoin will never die.  We can't be too sure, no currency will last forever, it will die when our support will not gonna continue. Bitcoin is looking good with the current price surge but remember how small we are still. We do not have the power to dominate in this world and along the way as bitcoin is getting more popular, it cannot be avoided that it will affect negatively on the the interest of some big capitalist due to this very cheap and fast technology. We cannot say it negatively affects the big capitalist which is wrong. World's biggest capitalist were the fund providers which is the financing system. When they itself show interest upon the Blockchain technology to make functionalities in an efficient and effective manner. As a part everything has negative side, with bitcoin the illegal use is the case which people fear. No need to worry about it, even with fiat more illegal activities were taking place than bitcoin. Yet are the biggest capitalist or fund providers use Bitcoin? Of course the obvious answer is none of them. For Bitcoin to last in the world it needs to have full support of the government after that businesses will follow because they will know Bitcoin is legal in their country. Also for your information the price increase of Bitcoin in 2011 happened because of Silk Road the online drug selling website in the deep web. |
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Not Big but something to look at, Zach Lavine will miss the remainder of the season due to an ACL injury. I must say it will affect the Timberwolves' Bench in a bad way, Good thing Lavine did not join the Dunk Contest this year and will later on be force out of it. The question now what will be Lavine's performance after the treatment?
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Short time in Crypto, I think people will think twice in future before dumping their BTC for cheap, I can't believe how easy it is for BTC to climb back to over $1000. $1000 BTC price has come to stay, this is quite different from the 2013 growth, we now have alot of market and demand to support the price
Cheers bro, this is mind blowing and I thought it was going to dump consistently after January but it seems we all got it wrong and do we need to really look at it again in making any future predictions. What a swerve!! Bitcoin's price obviously goes up fast compared to any stock in the market. But the downside is that it also falls back down rapidly compared to any stock. With that said Bitcoin users are still scared of seeing how Bitcoin's price goes up. It cause them shock and negative thoughts that is why it produced panic selling which we know will move the price back down again. |
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I believe paper money will eventually go away, but not because its a good thing, but rather because goverments will control every aspect of life. It will be very difficult to do anything anonymous, but thats why we need decentralized money, thats why BTC and other alts are so important.
Governments will try that is for sure, but that does not mean they are going to succeed, there are many intelligent people doing their best to counter that tendency with new developments, and encryption seems like the best way to protect your privacy, at least while you are online. Let us look on a more broader sense. In a country a government runs the progress of their society, what would you think will happen if money in that country is decentralized? Of course the government won't be the only one controlling the country's money but other people can, It can lead into more abuse than you think. Having a money that is controlled by the government is much safer. |
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cakculation total bitcoin only 21 million coin, if you want replace bitcoin to replace fiat money in the world
example total people in the world 5 billion people, so every one people only have bitcoin , 0.0042 , 420k satoshi, so how can transaction in real life, if every one people average only have 420k satoshi
Good opinion, it depends of the bitcoin price, if the price of 1 satosi equals $1,000, I think the stock of bitcoin is enough, but we are afraid of is the issue of ownership is not spread evenly, if bitcoin on the dominance of a person or entity, then the other people does not have bitcoin, this is to be a serious problem. Even if 1 satoshi is equal to a dollar each it won't be a factor of replacing fiat money. The idea that Bitcoin can be controlled by people outside of the government won't make it possible. Because if you think it this way if rich people hoarded Bitcoin it would create big imbalances to the society because the supply will be currently less available to the market. Also the idea that people can mine Bitcoin without the government will make it more alarming to them. |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Really, this news is new for me. Which all countries are against bitcoin? I mean which countries declare jail if bitcoin is used ? I am hearing it for the first time. Actually how government will track if people are using bitcoin. May be the government will warn people but how one can be punished . In my opinion without any evidence its not possible. I just read in the thread , that bitcoin usage is strictly restricted in bangladesh. I am hearing it for the first time. Anyways in my country bitcoin is not banned. Well if you search on your own or even look at Bitcoin's Wikipedia page there is a whole section on what countries are against Bitcoin. Some Big countries like Russia, China, and India have officially stated that Bitcoin is banned in their country. I don't know any specific penalties but mostly China is strict on catching people who are using or mining Bitcoin. |
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I think any bank will not be accept bitcoin because it is an alternating way of income which is hidden from Government.
The definition of bitcoin is not income, it considered as an asset or currency for some people. Bank will not accept bitcoin because it is not money and has not value if not back with fiat. True that bitcoin is popular but not popular as money but as a payment processor or investment for online only. MOney is only a tool which is recognized mostly by the people and created by the Government. However, one day, if everyone turns their back on the government and uses Bitcoin, Fiat money will die. And therefore, I believe that Bitcoin is really a kind of currency which is not yet accepted widely but in the future, more people will accept it because it againsts the centralized system Banks won't accept Bitcoin. Simply because they are not allowed by the government to accept other currencies besides their own local fiat money or sometimes the US dollar. Other than that will be considered illegal by the government in which will give the bank a lot of trouble. It is more on the legality of Bitcoin to know if it can be accepted generally. |
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Name: Theb
Post count: 78 + 1 (79)
Rank: Member
Bitcoin address: 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy
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My Investment strategy sadly to say is that the Bitcoin I gathered online will be converted to Fiat in which Ill use it to buy Stocks in the Stock Market. My Investment strategy is not related to the cryptoworld because it is full of anomalies I still don't know. So it is better safe than sorry. Because I don't want my hard earn Bitcoin put in to waste.
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