Gold is tangible. Bitcoin can aspire to tap into the gold market sure, but gold is still a better store of value because it requires nothing to exist. Bitcoin will always require electricity.
Tangibility is actually an undesirable property. Time will show everyone because superior currencies will win in the end. the industrial revolution changed the face of this planet, the way we live, the way we think, work, etc. the digital revolution is of the same impact. and now the digital revolution gets directly monetized. all the wealth aquired by/since the industrial revolution can go digital, and some will. cryptocurrencies are fueling the digital revolution part II. gold and silver are ok, but they are no gamechangers.
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I don't know why, and don't really care how. But you know it's gonna happen, it's just a matter of when... man, those graphs get fancier all the time. is that log scale ?
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compare this thread to this one: https://bitcointalk.org/index.php?topic=129169.0When in 2013 shall Bitcoin break its all-time-high of $31? with the change of +15312.04% in the last 24 months it is really hard to follow the nay-sayers arguments. most likely guys who have sold too much too early and now want the price down, so they get some of their tearful losses back. why would somebody persistantly post that bitcoin is doomed given the outstanding performance in reality. if one thinks bitcoin is doomed, he would sell and leave this forum. the only motivation to keep posting "bitcoin will never reach..." , "the end is near" and so forth, here is the hope to be able to correct the stupid decision to sell in one of the most bullish markets of our days.
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Und der Bitcoin ändert da genau was dran? alles nichts
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great find. good to see that the same crap was written all along.
$ 31
Wow.
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You think this is good news ? According to Richard Asquith, head of tax at investment advisers TMF Global, the reclassification of bitcoin to a private currency would mean owners would not be liable for capital gains tax, and although VAT would still apply, it would only be incurred when trading on an exchange, not when buying goods.
VAT (known as sales tax in some countries) in the UK is 20% at the moment, if it's charged on exchange transactions that means a 20% price premium to those who are not VAT registered businesses. no capital gains tax is very good. vat in germany is not an issue, since you also pay no vat when buying gold or dollars. but when you pay stuff with btc, you still have to pay the vat that is on the item. using btc will not prevent you from paying vat for the item itself. i doubt it very much thatthere will be vat on btc itself. there was much confusion about this topic in germany also, but it is all clear now: no extra vat on btc purchases. i bet this will be the same in the uk. don´t spread FUD.
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Get your car financed. Put the cash into btc. Vey easy to Pay back the loan.
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Bitcoin mentioned on criminal minds tonight, that makes 4 TV shows this week talking about it. Maybe we'll see the Friday surge again like the past 2 weeks.
I saw it mentioned on Blacklist and Almost Human. Besides Criminal Minds, what is the other? Person of Interest Well after the Simpsons did it you had to see this coming. The Good Wife was first, ages ago! I saw the first show ages ago when it came out. But then someone told me Bitcoin was the subject of about 3 of the shows. Like the story was in more than one show. Was that true? Do I need to go back and watch it? This past Monday night was the 1st time on Blacklist, it was a great scene and a clear plug/advertisement if you want to look at like that. I've heard it 2 times (maybe 3) on Almost Human. any you tube links or can i find it on netflix? i dont have a normal tv:/ american without tv ? I am impressed. we don't have a tv now for 10 years and people find it very strange. to me it feels so much better. No brainwAsh here... so much more time for family, reading books, and this fkn forum ( much higher Level of brainwash... )
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my brother sold his beloved motocycle to invest in bitcoin in may 2013.
now he could buy three new ones,!
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However, as HSBC and various other criminal banks have shown, if a client is willing to pay for a service, regulations and/or laws is the last thing banks are concerned with, so while the US Congress and Fed dither on how to treat Bitcoin first Wells and soon all other banks will provide some Bitcoin-related services.
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last night i went through the speculation sub-forum and the overall sentiment that i picked up was from pessimistic/bearish to "the-end-is-near". what is wrong with you ? if i had told you in october 2013 that in mid january gox is near 950 you would have said impossible, and if i furthermore told you that the forum was all bearish about this "downtrend", you would have laughed. if i told you on december 18 (after correction) that within a month price will double and getting closer to 1000 again you would have said impossible, and if i furhtermore told you the forum was depressed about this "downtrend", you would have laughed. the longer the TA/hodl or sodl game is played the more average hodlers will come to a nervous point and eventually sell. some of them get burned and turn into bitter "i have sold all at 500" ex-hodlers, that may not acknowledge their failure but eventually direct the blame towards the bitcoin game itself. the transform into "the-end-is near!" apologetics, spreading FUD, spreading depression, trying desperately to force the sentiment down. because when the price does get down to 500 or 100 or whatever the will have finally done the right thing. those guys are poor but not a problem, but the higher the price goes, the longer the game is played, the more of those bitter apologetics will be produced. and that might be a problem. lol, gox went to 973 while i was writing. the end is near.
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Of course this is a bear market, you don't need TA to see that. We're clearly heading for sub $100 in the short term. Might rebound to $150 or so before continuing to $0. As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here. Duh.
welcome back. that is bearish bullish as hell. edit: bullish
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i panic sold once and i felt so dumb that i've adopted the strict HODL policy and it's been working out for me so far
you guys should try it out too
I've moved to a pure SODL strategy, since we're clearly heading to zero. Why are you still here when you think we are going to zero? Just as the Chinese government has recently warned citizens of the dangers of bitcoin, I am warning citizens of bitcointalk of the dangers of bitcoins, to help as many people as possible. Only Satoshi and maybe 2 or 3 other people will make any money from bitcoin. Everyone else will lose money, and probably destroy their life, as the Chinese government has explained. i talked to my landlord about it. she invested in btc in june 2013. beginning of december 2013 she cashed out with some 100 k € profit.
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http://www.heise.de/tp/artikel/40/40750/1.htmlwas für ein beschämend schlecht recherchierter artikel ! keinew ahnung, aber hauptsache dagegen. Dasselbe gilt, wenn man im Kasino spielt. Man tausche 100 Euro und wette damit in einem Bitcoin-Kasino. Wenn man verliert, ist das Geld einfach weg. Wenn man das Geld verzehnfacht, kann man wieder umtauschen und schon wieder war der Wechselkurs unerheblich. Für Geldwäsche oder Wetten ist der Wechselkurs praktisch bedeutungslos. Daraus ergibt sich aber die fantastische Marktkapitalisierung der Bitcoins. Anders gesagt: deren Wechselkurs ist mehr ein Produkt des Zufalls als Ausdruck eines echten intrinsischen Wertes. Vielleicht ist der große Verdienst der neuen digitalen Währungen gerade, dass sie diese Logik des schnellen Reichtums aus dem Nichts ad absurdum führen. Jetzt gründet jeder seine Bank im Schlafanzug auf dem Bett liegend. Jemand hat deswegen bereits die "Ponzicoins" vorgeschlagen, von denen es nur eine gibt, im Besitz des Erfinders. Jeder ist eingeladen einen Teil davon zu kaufen, um schon wieder eine großartige neue digitale Währung zu starten.
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