Bitcoin Forum
July 30, 2024, 01:40:03 AM *
News: Help 1Dq create 15th anniversary forum artwork.
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27] 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 »
521  Other / Meta / Re: New Year = New Password (...and new you, too!) on: December 30, 2023, 01:50:20 AM
If you're considering changing your Btalk password be warned that everytime you do this BPIP can see that and show the whole world the exact date and time you changed your password lol. Just FYI. I think a lot of people probably are not aware of this fact so that is also the main reason why I am bringing that up.
522  Bitcoin / Bitcoin Discussion / Re: The Bitcoin History Book 2008-2024 PROGRESS REPORT on: December 30, 2023, 01:35:31 AM
“The Past Milestones”, the index is just amazing and it’s making me read the book already. This is definitely going to be detailed book considering the index titles from domain registration to how it started with email communications, yeah that gives me good insight about this book and what is expected from it. I think we are going to have very nice book soon just because of one active and enthusiastic member.

I just wanna say, keep it up. I will contact you regarding donation after few days once I get my salaries rolled over by my employer. Being Bitcoin lover I would be more than happy to donate small share for your good work. All the very best mate. Hope to see your copy released real soon.  Smiley

I would have to agree each time I check this thread the progress is really looking good. I love how this is in the layout of a school text book. I'll definitely be looking forward to taking a gander at the "The Past Milestones" as well it'll be good to have a crisp synopsis of all the main events. Looking forward to seeing the final product. Please do put me on the list to purchase one when the time comes.
523  Economy / Collectibles / Re: [FREE RAFFLE] X-Mas 2022 Artwork 1/1 on: December 30, 2023, 01:17:01 AM
Lets go with #40! Thanks amigo
524  Economy / Collectibles / Re: [Free Raffle] 12 MixTum collectible cards on: December 30, 2023, 01:14:14 AM
I will claim #40 thanks chief!
525  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a Replacement for a College Savings Plan on: December 30, 2023, 01:06:49 AM
At this rate, I am seeing that now most corporate companies plan to remove the college degree requirement for jobs, which will transform the college education long term, and its looking like it won't even be needed unless you're going to be a PhD or a Lawyer etc etc.

The traditional mutual fund / 529 plan isn't really needed anymore if college isn't going to be a requirement, but now I am more so just thinking of a life savings plan is a much better and more flexible option. Maybe just set them each up a wallet and load x amount each making quarterly contributions. By the time they are old enough surely they would have more money in that account anyways compared to the mutual fund, right?



Don't fall for this trap. There are only a handful of companies where they do not look for a college degree to hire you if you have extraordinary talent. 99% of the companies still believe in meritocracy. The world you are dreaming of, is not going to happen in your lifetime. Probably few more generations will be needed to change this social system. So get a College degree and it is best if you can get a masters degree at least.

Saving in Bitcoin should be fine because Bitcoin has the potential to give you a great return which can cover your education cost. But be a little conservative and probably divide your investment to invest in both Bitcoin and mutual fund.

You're right for the most part I think albeit some companies will definitely overlook the college degree requirement for the right candidate that shows the right kind of moxy that they're looking for. This opens up a wide net and i'm sure it'll come with some sort of pay decrease and have some reciprical effects to the professionals that actually have degrees.

You're absolutely right with the notion that you should just invest in both Bitcoin and Mutual Funds. I like that and it honestly should not ever be just one or the other but taking each into account and thinking of each scenario having both surely couldn't ever hurt.
526  Bitcoin / Bitcoin Discussion / Bitcoin as a Replacement for a College Savings Plan on: December 28, 2023, 03:32:30 PM
At this rate, I am seeing that now most corporate companies plan to remove the college degree requirement for jobs, which will transform the college education long term, and its looking like it won't even be needed unless you're going to be a PhD or a Lawyer etc etc.

The traditional mutual fund / 529 plan isn't really needed anymore if college isn't going to be a requirement, but now I am more so just thinking of a life savings plan is a much better and more flexible option. Maybe just set them each up a wallet and load x amount each making quarterly contributions. By the time they are old enough surely they would have more money in that account anyways compared to the mutual fund, right?

527  Bitcoin / Bitcoin Discussion / Re: Do you see individual satoshi becoming valuable? on: December 28, 2023, 03:25:41 PM
One can certainly hope right?! It that is the case then all of us would surely be very well off to do as we please Cheesy. That would be very cool to see happen, if we ever get to see that in our life time. That is a longgggg ways away though I mean we are talking nearly 30-40 years of HODLing, Bitcoin is not even this old yet. I suppose it is possible though! If each Sat was like $1 would be insaneee.
528  Bitcoin / Bitcoin Discussion / Re: Ordinals website is under a DDoS attack on: December 28, 2023, 03:21:50 PM
It is most definitely a criminal act, but regulators are at least catching up on the corporate level working with the insurance carriers to make it an absolute requirement to have an Endpoint Detection and Response solution in place before they can even get cyber insurance which is like an antivirus for business but w/ AI and much better lol. The irony in it all is that without the bad guys a whole industry wouldn't be there, the cyber insurance industry. It has an reciprical relationship, sort of like light and darkness, they go hand in hand. Which side are you on though?

For the personal computers and devices, I think its a shame that most people have no clue about cyber security or how to protect themselves or their data. I'm sure a lot of folks here are praising this effort to take down ordinals though due to the high fees lmao
529  Bitcoin / Bitcoin Discussion / Re: Arthur Hayes Believes ETFs Might Cause the Demise of Bitcoin on: December 28, 2023, 03:07:57 PM
I think more so I would be afraid of the bitcoin market manipulation via ETF/Futures contracts trading. But at the same time these markets are completely stand alone from bitcoin and shouldn't have that much affect on the coin price but it honestly probably will have a huge impact. As good as it will be at the start for new money flooding into bitcoin i'm not so sure on the long term outlook if you're looking at it from that perspective and how they have manipulated markets like the precious metals markets.
530  Economy / Speculation / Re: HODLers, When Will You Sell? on: December 28, 2023, 02:59:17 PM
Once my coins are valuable enough to pay for my mortgage I would be happy to sell it. It has quite a ways to go. When it gets to that point I will have more freedom and disposable income because once my house is paid off my bills will be minimal, so at that point my new goal won't be to HOLD it'll be to focus all of my time and energy on acquiring more currency, starting my own business, and becomming self sufficient. I think this is a pretty good goal.  
531  Bitcoin / Bitcoin Discussion / Re: Finally I did it (I am happy to join). on: December 24, 2023, 11:11:16 PM
Wow this is huge and congratulations on your first bitcoin! Keep holding and stacking and always hold the long term growth vision in mind. It is quite a roller coaster to be a bitcoiner, it won't be easy but it'll be worth it!
532  Bitcoin / Mining / Re: Which mining stocks are holding? on: December 24, 2023, 11:09:14 PM

But I have failed to see any such mining setup and investments in the same till date that are legit and have not been scams.
If you are talking about cloud mining, then there are many difficulties in this business. The average miner has very few opportunities to buy cheap ASICs and get a good price for electricity, so most new small miners will now find it very difficult to compete with large mining companies.
Buying bitcoins or shares of mining companies is an individual choice. The stock market is more regulated by law, and many investors find it easier to buy shares while there is no Bitcoin ETF.

I think that there are some mining companies that will allow you to profit share if you invest in the hardware right? I think could mining is definitely the hot space right now. It's constantly advancing and these mining stocks are proving to be a great way to gain BTC exposure without actually buying the coin
533  Economy / Economics / Re: Learn to use DEBT in a proper way to create asset on: December 24, 2023, 11:06:38 PM
Robert K always talked about this, being able to utilize debt and the depreciation for tax benefits, I love how much of an advocate he is to BTC, also a huge gold and silver and of course real estate tycoon. I definitely need to brush up on utilizing these tax incentives better
534  Economy / Economics / Re: How to gain money on: December 24, 2023, 11:03:39 PM
You can start an online blog or mow your neighbors yard. You can trade stocks and day trade, go to thrift stores and flip things online, hVe chat gpt assist you in building a business. Buy bitcoin then wait for the number go upp
535  Economy / Collectibles / Re: Caribbean Treasures 2023 Roll Sealed on: December 24, 2023, 09:06:20 PM
Wow great work on this roll! Love that wax seal man nice touch. I wonder how much BTC is loaded in total and what is the mintage on these ones?
536  Other / Meta / Re: Merry Christmas to the Forum on: December 24, 2023, 08:53:14 PM
Yes and a very Merry Christmas to you too! Merry Christmas to all! I can't believe that tomorrow is already Christmas and that we are almost in 2024! We have all certainly come a long way in the past year, I know that I have and it feels good to be alive and striving for better each and every day. May your christmas be warm with friends and family and may your new years be filled with success and hope for great things and blessings! Cheers
537  Economy / Economics / Re: The Role of Education in Financial Literacy on: December 24, 2023, 08:49:57 PM
How to Equip Yourself with Essential Knowledge to Succeed in the World of Cryptocurrency

As the world becomes increasingly digitalized, the importance of financial literacy, especially in cryptocurrency, cannot be overstated. With the rise of Bitcoin and other cryptocurrencies, it is crucial to be knowledgeable about these assets and how to invest and manage them wisely. However, the question remains: what is the role of education in financial literacy?

While some people believe that hands-on experience is the best way to learn, it cannot be denied that education in economics and finance can provide a strong foundation for success. Higher education can teach valuable skills such as critical thinking, data analysis, and risk assessment, all of which are crucial in the world of finance and investments. It can also provide theoretical knowledge that one would not otherwise acquire through everyday experiences.

On the other hand, some argue that education in finance and economics does not necessarily equate to financial literacy. They point out that many successful investors are self-taught, and that practical experience is the best teacher. Moreover, they contend that education in finance can often be expensive and not accessible to everyone.

Despite the differing opinions on the role of education in financial literacy, it is clear that individuals should seek out knowledge from a variety of sources to best equip themselves to succeed in the world of cryptocurrency. This can include following cryptocurrency news and social media, reading books and blogs on finance and investments, and seeking out practical experiences through investing and trading activities.

I would also add in that consulting with the professionals and seeking them out is a fantastic way to gain understanding on whatever you wish to know more about. Even cold calling them up and just being very direct with questions I guarantee that you will get your answers because the reality of it is that most people like to help others and bitcoin especially love talking and teaching people about Bitcoin!  Cool
538  Bitcoin / Legal / Re: The best countries tax wise for Bitcoin on: December 24, 2023, 08:42:15 PM
I know someone from Grand Cayman who is living that tax free lifestyle, thats the way to go! Makes me want to move over to the carribbean! It would certainly be an adventure living in any of these countries wouldn't it! I for one would love to visit all of them, I only wish that the US was this way!
539  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC were to be adopted as a global reserve currency? on: December 24, 2023, 08:37:27 PM
I think that if Bitcoin were fully adopted globally as the world reserve currency society would definitely look a whole lot different. I think what I honestly would hope for is that we could fully adopt straight bitcoin in stores and online for all goods and services, but also have a cash option for convenience purposes because lets face it cash is still king. That is honeslty a world though that is completely at odds ends with eachother and not quite realistic. Cashless society in the future is what it looks like.
540  Bitcoin / Bitcoin Discussion / Re: Judge orders Craig Wright to pay over $1M on: December 24, 2023, 08:29:23 PM
I think the whole thing is ridiculous. And now apparently the same folks who split w/ BSV a portion of or that whole team created Ordinals? I'm not so sure I have been meaning to look more into that honestly. There is so much to this case that i've just stopped checking in on it. I remember when he had to report to WPB courthouse and was requesting to show up virtually instead of coming from like Australia or whereever the heck he is from lol
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27] 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!