The title of this thread is the whole thing. "You or WE need to overcome our fears of losing money" because if we do that then we can be sure of giving all the 100% of our best in doing different things like trading and investing. If we overcome our fears like losing money then we will become risk takers and it will give us a lot of results that can lead to be a successful person.
You're right. Fear of losing money would make us hesitant and that i think should be avoided if we want to earn in btc. When you're hesitating, you tend to think more about what if's and consequences instead of coming up with a good plan or strategy. As long as you still thinking and use your logic then it's fine to overcome the fear of losing money. In another hand, if you just investing your money everywhere without thinking and just pretending you will lost nothing but have a good return then you will be eventually doomed. Sometimes you need the fear of losing money to protect you, though. |
|
|
|
Yes paypal is very strange. I lost many $$ due to their 180 days limit luckily we have bitcoins now to avoid problems.
I think if you were to obey the rules of paypal and do not violate tos from paypal. of course they will not do freezing and limit on your account, I was 5 years using paypal and I'm still comfortable That's right. But, the ToS from PayPal itself sometimes just too strict that couldn't make us justify ourselves even if we've done a fine transaction such as cryptocoins transaction which I noted was done without any scamming activities involved. I've experienced on using PayPal too and have decided to get away from this service due to its complicated requirement. |
|
|
|
When the bitcoin block reward is over and only transaction charges are paid out to miners then bitcoin will die. To fix this they will need to add a tail emission to each block, thus breaking the 21 million limit. Otherwise all of those large mining farms will be turned off as overhead will cost more than what is being mined I don't see much plausibility behind this claim If miners are not happy with just the fees they receive for confirming transactions, they may leave. And if many of them leave the mining difficulty will readjust in a matter of a few weeks and the fees that the miners which decided to leave will go to remaining miners thereby boosting their earnings. Since it is highly unlikely that all miners (or the best part thereof) are going to leave simultaneously, the adjustment will go smoothly and mostly unnoticed Agreed with this, not all miners will leave at once. Also, at the point of reaching the 21mill bitcoin for sure will moon so, mining fees will be profitable if not, there would be and equilibrium point between difficulty/reward where it will be profitable. Well, if the bitcoin's price is rising because the bitcoin block reward is over and make the transaction fees could cover any costs to maintain the mining rigs and still make some profit then I guess this is not going to be the end of bitcoin. As you've seen the latest halving giving pretty big impact to the current price and as for now I can say that after halving I haven't seen the price of bitcoin falling below $400. |
|
|
|
No one controls Bitcoin. Some miners control its price. No government or organization can control Bitcoin fully. Some countries like China can partially control bitcoin , because most of the miners are from China.
The miners can't control the price or even "some" as you've mentioned, the price depends on the demands from the market and could only affect by the market, though the miners are also part of the market if they're doing some activities such as buying or selling bitcoin. I know china is where the most of the mining powers come from but they still can't really give a big impact to the whole system. |
|
|
|
I have a friend of a friend that has made a lot of money hanging out with developers of major coins at bars and finding out information before it is main stream. Perhaps you can hit them up on Twitter and offer to buy them a beer!  Well, I think that those developers have nothing to do with the pump or dump activities, it's the market to decide whether it's the time for the specific coin to change its price or not, unless the developers are going to pump the coin with tons of money which they've gained from the ICO. but even with tonnes of money, it's still hard if the coins were having big volume, and most of the developers are holding few percents of the coin. |
|
|
|
Bitcoin is no longer a currency but for me its kind of business that most of the users earned profit from the investment of digital crypto currencies. We now have the strongest foundation of digital currency, and will continue to soar higher in time.
Many people also investing into dollar or some kind of currency and waiting its price to increase and then sell it when the time comes. Does it make the fiat I've mentioned no longer a currency? I guess not. In my opinion that as long as the currency still hold its primary features to be used for transaction and as a trading tool it's still a currency. |
|
|
|
By looking at their investment plan, it's obvious that this website is scam, 250% return within 7 Days is just too dreamy and it's there only to lure those people with lack of knowledge Just get away from this kind of site. You're probably getting impressed by their website interface when the truth is that to build this website you just need only damn 0.5 BTC. And fake street address as a normal practice which usually have done by those scammy websites : https://www.google.co.id/maps/place/5+E+Market+St,+Corning,+NY+14830,+USA/@42.143385,-77.0541358,3a,75y,25.33h,104.75t/data=!3m6!1e1!3m4!1swf7-3RCinZ0_06bxVcMDIA!2e0!7i13312!8i6656!4m5!3m4!1s0x0:0x3659e1d79f1594c3!8m2!3d42.1435074!4d-77.0541238!6m1!1e1 |
|
|
|
It's weird to see that almost every Altcoin that is built and presented on Bitcointalk has a faster confirmation time than Bitcoin for some reason. I think that Dogecoin is faster than Bitcoin and I remember using that coin back then when Cryptsy was online and functioning without any issues, the confirmation was within 30 minutes usually with a really low transaction fee. Wow I haven't actually checked Dogecoin till now, the price is at 0.00000020 BTC. There was many millionaires when I viewed the richlist but now I don't think the same people retained their positions. The slow confirmation in bitcoin is because the network is crowded and by the time, the number of bitcoin users is increasing significantly. You may conclude that those altcoins seem to have better network and speed if you compare to bitcoin, there's nothing wrong with it, but, if those altcoins are having as many users as bitcoin have had, then I'm sure their speed will be as slow as bitcoin. According to this site:https://blockchain.info/charts/transactions-per-second Bitcoin are now generating about more than 300,000 transactions a day which is overwhelmingly above any altcoin ever existed. And I say that majority of altcoins are having fast confirmation with below 5 minutes as an average. And 1 thing, as I said that the number of bitcoin users increasing by the time means it's not right to compare the speed of bitcoin back then when Cryptsy still "alive" and now. |
|
|
|
At this time bitcoin is already starting to be used for online payments and this will continue to grow, even direct payments in some countries have started using bitcoin. But I think bitcoin might not be the main currency in the payment because every country has a currency of each, if used for payments bitcoin will become an alternative currency of each country. I actually prefer the bitcoin as a commodity, because fluctuations can be very profitable.
Well, bitcoin is not "starting" to be used for online payments but it's has been used for years ago. I would agree with your point that bitcoin shouldn't be used for the main currency of a specific country due to its fluctuation and the various problem it can bring. You may find that the fluctuation giving you a profit but if an organisation or an instance using bitcoin and then fluctuation occur, it's indeed a big problem for the whole instance's economy. |
|
|
|
Currently Bitcoin has been International currency many people round the world use Bitcoin as payment, but International i can say is International community, Bitcoin has solid community, people who use Bitcoin because they interest with Bitcoin they see a potential of Bitcoin, they look Bitcoin not only a currencies but also investment, knowledge and technology.
What if the problem like my country ? My goverment still not legalize bitcoin until now since they see bitcoin will bring negative impact for my people ( money laundry for example ) To be an international currency ,it's not easy for bitcoin, IMO Well, I think that not legalising bitcoin due to the negative impact it can bring such as money laundry just doesn't make sense. Bitcoin could leave the traces while using direct fiat will hardly be traced. The problem above shouldn't be a problem because in my opinion bitcoin is more transparent than the fiat itself, hence the reason is invalid for the government, though there's still other negative impacts that make bitcoin struggling to be recognised by the government. |
|
|
|
I think I ould choose to Buy BTC in my opinion. Bitcoin is poised to appreciate more this year and I read somewhere that it will reach $1,600++ dollars this year. I read also that Japan will accept bitcoin as payments and Philippines is also following. I think its a great opportunity ahead with bitcoin.
That's not going to give you a good return in short term of time, though, those things you mentioned above just a pure speculation. As have been stated by OP that he's looking for best and high return within one year and I guess altcoin will be suited well for him rather than bitcoin. best and high return means he needs the volatility and regardless of the risk which he may burden while trading the coin or holding and yeah I choose Ethereum instead for OP. |
|
|
|
What i like to know after one year is how Zcash will be performing as well as Monero, Dash and Ethereum will be.
These are the coins with the most volume and hope it will remain the same .
1.Bitcoin
2.Ethereum
3.Litecoin
4.Monero
5.Tether
6.Dash
7.Pascal Coin
8.Ethereum Classic
9.E-Dinar Coin
10.Zcash
e-dinar coin not crypto coin only ponzy site, without Pool without mining and you added edinar coin to most and the best top ten coin, iam only smile That's right. E-dinar is just a Ponzi entitling itself as a crypto coin just like nowaday's cloud mining and utter scam, can't even say it's a shit coin because it's ain't coin. |
|
|
|
snip Just the matter of time, all of the bitcoin still safe on the exchange site. But PBOC looks like give a permission for bitcoin to keep on the track. It won't impact the price of bitcoin. I think it will get the extend. , but such moves negatively impact the sentiment about Bitcoin. If I am a Chinese crypto investor, this effectively tells me that if I want my money back immediately, I should sell my bitcoins and withdraw CNY. I might listen to that. You clearly don't understand how bitcoin works. Exchanges are THIRD PARTIES, like banks! If you put your coins there then you don't really control them anymore. No keys control, no bitcoins! https://bitcointalk.org/index.php?topic=945881.0Mt.Gox, Mintpal, Cryptsy... you guys will never learn Well, it all depends on the owner of the exchanges, though, and that's absolutely right that when you send your bitcoin to those exchanges mean you've lost control of your bitcoin. It's all happen suddenly and the only ways for those bitcoin holders whose funds froze in BTCC is to only wait or just take the other way to withdraw your bitcoin by exchanging to CNY which is definitely fine for vast majority of bitcoin users in china. |
|
|
|
I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.
I must, unfortunately, say that it's not true that bitcoin is faster than the bank or other third parties such as PayPal in term of sending money. It's right that bitcoin is far cheaper than PayPal or even your local bank but sometimes the transaction takes more than 15 minutes whereas with third parties or bank your money will arrive at the destination as soon as you click the send button, even with the international transaction. With bitcoin we can have full control of our funds, it might be one of the main advantages when you're using bitcoin but when you're facing the security problem such as hacking activities and so on which make your money get lost, there's no insurance to cover this. |
|
|
|
As the poll result says, OP is obviously been drinking. To reach the state of Boring Bitcoin has to reach a million or more. It will be that point when no one will think of buying or trading Bitcoins coz of the price range.  Actually, the price range has nothing to do with it (demand). Bitcoin, as I've repeated many times in this forum, is flexible and with every amount of money you can buy bitcoin even if a bitcoin costs you 1 million dollars. When bitcoin just reaches a million or more, don't you think that it's actually makes bitcoin even more interesting? I guess mass adoption will be started when the price just reaches that high. |
|
|
|
|
Bitcointalk Name: aubert
Rank: Hero member
Current post count: 2794 including this one
BTC Address : 12zWWY6H9Fr7Tt3bebR6XdQk8FNHsRW7LR
Done changing the avatar and signature.
|
|
|
|
It is not a wise decision to teach them in high school about bitcoin because they don't understand the technology first of all. Even though we explain to them very clearly about bitcoin, still it is very hard for them to understand about block chain and how it works, it really confuses a lot.
If you think that understanding blockchain and anything else regarding crypto world is too hard for high schoolers, then there's something wrong with you. Those students just need to know the basics, and blockchain is part of it. There's no need for teaching those students too far until crypto world's depth. So, they will not be getting confused because of it. Though I consider bitcoin is pretty important for students who want take or to learn about Technologies and Information categories furthermore, for additional knowledge of course. |
|
|
|
We need Mass adoption than Mainstream acceptance. Actually, we don't need Mainstream acceptance for Bitcoins, because it will make the things worse. Some people don't understand what it is and it is hard to make them realize when they don't want to. Will hold our Bitcoins for a better future and it will be.
You're wrong. Mainstream acceptance is what brings mass adoption and both are important things. When things getting mainstream, people will automatically learn what is it because of their curiosity and therefore they will understand it and there's nothing such as "Some people don't understand what it is and it is hard to make them realize when they don't want to". You can't force people to know bitcoin while they're having no interests. Just make this getting viral or any other things that can bring the whole cryptocurrencies world including bitcoin become mainstream. |
|
|
|
Hi all!
We are overwhelmed with the amount of response we have gotten with this campaign. We currently have over 40 messages to reply to and since our accout is new we can only reply every 360 seconds.
So please bare with us we will be in touch with you all shortly and also thank you to all people who have offered their help in running the campaign.
You can choose 25 out of all applicants according to your need. Also there is no need to reply each applicant just post names of 25 chosen one in opening post of this thread so they can wear signature and start. I am also the one who is waiting for your review and to wear your signature if accepted. That's right. Selecting from the private messages will seem to be pretty unfair for those who have applied in this thread. It's better to choose the participants directly from this thread than from the private messages and you will not waste your time replying for every 5 minutes. Just my 2 cents  . |
|
|
|
Imagine if this was a lot of money. This has made me feel concerned using btc for big amounts. It's clear that your fault makes your transaction really slow to get confirmed due to the low fee. You should check the current fee/bytes first before sending to make sure your transaction's fee wasn't below the current requirement. Even if you send 500 BTC at the same time if you give above of the current requirement fee your transaction will be confirmed fastly. Though, honestly, I've made a mistake about setting up low fee same as you which is 0.0001 recently and luckily got confirmed within ~30 hours, my bad indeed. For another time, I really recommend you to use some sort of bitcoin wallets that have a feature to set up the requirement fee automatically. |
|
|
|
|
Show Posts
