Several of the stocks I keep an eye on and invest in have dropped past previous 52 week lows...will be interesting to see how much fear there is in the market and if it continues to drop
I thought something like this was going to happen a couple years ago...if it does end up being an all out crash.
although a lot of people will root for it being a crash, I think a lot of different features of the market intervene with the growth to cause this effect. Regardless of whatever effect the market experienced, we all know the mayhem of a stock market crash and what follows along, so I won't be surprised if our already sensitive bitcoin market becomes any more soft, seems like some old drake song |
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Price can go lower than $200 this time. As today we observed crisis on Asian Markets and Shanghai Stock Exchange (Shanghai Composite) dropped 8,49%.
This is the biggest decline since 8 years. Every other markets followed the trend. For bitcoin it will be only natural to do the same. It will be the best time to obtain BTC before halving?
Yes btc prices looks like going below the 200 mark. So I feel we need to wait for some time before jump in and buy. May around 190 to 180 range we can start buying in small quantity. I don't think I would be following that analogy, and I just spent some money and bought a little btc, because I know what would be right and wrong for my investment. I think it was a very good thing for the price to go down like this, as I got another chance to do heavy investments in projects I simply believe in  I don't give a rat's ass about what the price of btc is, I will buy  |
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I'm afraid the dropping bitcoin price is only good for ppl that allready hold bitcoin, and that want to buy some extra coins...
Like allready said before, try to convince someone to invest his money in something with a downtrend for more then 1 1/2years...
I think with good marketing tactics and expressing true potential of bitcoin, it would be stupid of the person to not invest in bitcoin if he is really looking out for such an investment. It is fun to talk about bitcoin if you know it well, and I think I have introduced bitcoin to more than 50 people, all actively using bitcoin at the moment. I always try my best to add more peeps to the community  |
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It's a technology used as currency by the community. I like the idea of mining in bitcoin, it's like mining some gold in other way. So i think bitcoin is a commodity.  Yes what you said is correct. Bitcoin can be considered as a commodity or technology but no way a currency. Well in my opinion BTC is not only a technology but a disruptive technology it’s probably the greatest innovation in money since coinage. By the paragraph above it should very obvious that I consider BTC to be money(not currency that is something else) And by the way Gold and Silver are also money. gold, silver and bitcoin are all taxed as capitals though, in the eyes of the law. All the gains from the increase of their value after purchasing it is considered as capital appreciation, ofcourse laws are different depending on place to place in the world, but it is obvious that fiat is the most widely used mode of payment right now, there are a lot of factors which decide what really is money, so I am not sure gold and silver are really money |
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i prefer gold.... because in bitcoin you cannot really tell what will happen. besides when you dont have an electricity in one place, you cannot use your bitcoins. while in gold you can sell it anywhere...
If bitcoin are as unpreditable as you say, you can also only speculate the price of gold, its also an investment too. In terms of electricity, bitcoin could be accessed and controlled through sms service, from any basic phone at any time, any hour. And talking about selling bitcoins, they are sold in exchanges, similar to gold. Nobody will buy Gold from you directly, very rare case of that happening.. So think before you type shit, noob |
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If you're young and a good looking attractive guy then watch out for older established women who are divorced and in a phase where they wanna proove themselfes that they are still on fire. They are many cougars out there who are looking for toy boy. Lol, where are they? probably on some elite british women dating website, but who gives a shit about them, I would rather live my lifestyle the way I wish and not complicate it involving a woman living with me all the time, I am getting a hang of this no-dating scene, I am saving so much money and most of it is often blessed enough to be invested in crypto related e-businesses and ventures, so yeah I have that going on for me :/ True but in that case I'd be the bitch (too bad thats not the case now). My way or its not gonna happen. Anyways tbh I think its best to work for your own money, nothing feels better than that. yeah, salary jobs made me realize how much I was stopping myself from achieving things and working as per my potential, I was helping someone else achieve their dreams while I worked for them all night and got paid for it a little, when you reach that stage in life, money does not matter as much as control and power does, when it comes to handling business. |
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yes, these countries seem to appreciate the block-chain technology a lot, while they hardly talked about bitcoin individually. I don't really think any country would come out and support bitcoin like we ideally want them to, because why the fuck would a country do that for us? The only time they'd do something like that would be strictly for personal gains, and I doubt a country would risk their money with btc, despite knowing that it would boost bitcoin like crazy. what do you think?
Well I agree with you about that. Governments will support something that could make its people to avoid their taxes, like bitcoin immediately. Even if they stated to support it, surely they have some plans behind that. So, to become a global currency, bitcoin doesnt need any support of government, but it only need us. bitcoin but still requires the approval of the government, because if it is not approved course bitcoin currency is not fully accepted in the country Accepted in the country it would be if people use it. But from state's point of view it would be illegal. These are two different things. Prohibition didn't work out. So banning Bitcoin by Government would be a huge mistake if the population see it's benefits and value. People run the government, the government don't run the people alright? We have forgotten our worth and the level of freedom and privacy we deserve, we only understand as much as they want us to follow to be, gay marriages would be something that couldn't even be imagined 100 years back, it was declared legal this year. Marijuana about to be legal soon too. If a lot of people demand something, it cannot be kept away from them bud |
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I think bitcoins grows more widely it has more advantages than banks or other sources. It is like a government facility and can enjoy in bitcoins. That's why governments and big institutions will not allow bitcoins grow in wider range. They try their best to limit bitcoin growth. Governments will either try to pass more and more licenses like BitLicense or will try to start their own cryptocurrency. YEAH that is the most cruel advantage that these gov.. have ,i mean people would stop using bitcoin and will adopt to governed cryptocurrency as they have the trust of common people.. I think it would be a great game changer in terms of currency and adoption, but I don't think so many people trust the government, a lot of people realized the potential of that level of power and often see people freely exploiting it. Apart from that, I think that all the govts won't make such a move together, and don't even think they will use same currency, so every country will have its own crypto which is weird for me to even imagine |
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You don't need any broker in order to trade bitcoin. You will only need fiat money and an exchange that is legally allowed to operate in your country. If you are from the USA I would suggest you to use the Coinable exchange since it's the most trust worthy one.
I am still searching for creative ways to convert my fiat into bitcoin without directly buying bitcoins because that shows a proof that you own bitcoins, and what is worth was when you purchased it, which is a conflict with your privacy because even the govt doesn't deserve to know how much you own and where it is invested, they didn't buy it, you did. |
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Save it in a bank and stay away from gambling coz it can make your life worst
The only reason I am into bitcoins is because I want to have the control of my own financial operations and act like a bank, just what bitcoin allows me to do, so I would rather save it in crypto than a bank which gives me minimum returns over long periods. About Gambling, yeah no.. Gambling made my life much better: You win some, you lose some. Deal with it bruh I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also. No guaranty of your returns when you need it. You can choose an investment that if it's real or not real at least the organizer is a person who can be believed, it could reduce the risk of losing your bitcoin It is easy to tell this but can you tell me someone trusted in internet to whom I can trust my bitcoin? And how you will be sure about your suggestion? What factors you will analyse to make your decision. It is all online and as such untouchable. y'all need to take a chill pill, I've diverted my savings as well as my investments and kept everything organized if anything goes wrong, I have financial back ups and statements which protect and guard my privacy legally. As about investing, I like to invest in bitcoin related businesses rather than just bitcoin, and right now I think I am doing well, not so worried about things atm |
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If you're young and a good looking attractive guy then watch out for older established women who are divorced and in a phase where they wanna proove themselfes that they are still on fire. They are many cougars out there who are looking for toy boy. Lol, where are they? probably on some elite british women dating website, but who gives a shit about them, I would rather live my lifestyle the way I wish and not complicate it involving a woman living with me all the time, I am getting a hang of this no-dating scene, I am saving so much money and most of it is often blessed enough to be invested in crypto related e-businesses and ventures, so yeah I have that going on for me :/ |
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I would pick the Bitcoin. What can I do with gold ? Nothing  Wonder what that ring is made from in your profile pic, is it gold or magical physical bitcoin  No, that ring is a work of art. Purely it is pixels altogether forming an image of ring. So in it there is no gold and bitcoins used. The image is made to represent gold though smartass some people just really fail to understand sarcasm, poor guy was really arguing that the image is made of pixels and digital technology and not gold or something Oh, god, why am a part of signature campaigns, to read such BS? No matter what a person chooses, Gold or bitcoin, it could only be speculated, its worth and value is decided based on situations, adoption of the currency and the trust of people. |
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maybe 10-20% of the bitcoiners are using bitcoin debit card and so on...even many of my friends are using it too..but most of the bitcoiners are now days avoiding it due to its high fees
Yes man, their fees are very high. They will kill me. But you are a senior member, so there will not be that much problem to you to earn those back, because of the bit-x signature. Doing signature campaigns is often not so easy as people think, you need to write significant content in the provided word limit with other limitations in order for the post to qualify as a valid post, if the post does not meet the required quota, it is not counted as a post for the sig campaign. Most of the posts are often not considered, making it hard for people to earn that btc. Legendary & Hero Members get 0.0012 BTC per post, Senior Members get 0.0010 BTC and Full Members are paid 0.0007 BTC per post |
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I think yes, Bitcoin can really save Greece.
I mean they are also adapting it.
Recently there was a news of installation of around 1000bitcoin atm, so it's a major step in Bitcoin adaption also.
I don't think Greece could afford to buy that much reserve capital of bitcoins in order to save themselves for anything, though if in a situation where they do, the value of bitcoin might multiply 55 times causing the value to boost super high. I am confused if that might be a good or a bad thing for Greece, but that would massively affect adoption and change bitcoin world forever |
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Major problem to Bitcoin is Bitcoin XT right now.
And if Bitcoin survive this, then no one can stop it or maybe someone can.
But Bitcoin isn't gonna die soon, that's what I think about it.
so basically you listed all the outcomes and state that is your personal opinion, that you know whatever can happen but anything could happen because you don't really know what would happen. I think Btc core vs XT is going to lead to a better technology development, rather than divide the currency and break its authenticity. People who genuinely came to btc to double their investments wouldn't give a fuck about it, while newbies would be even more confused than they were before. |
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Yes, definitely it will shake people's confidence in banks and they will withdraw their money from banks if any left after the hacks.
But on the other hand, Bitcoin is also feared of the 51% attack. So they will probably not buy Bitcoins.
bitcoin does not aim to rescue people when fiat fails, it only seems to offer a better alternative, its goal is not to replace the fiat currency, though a lot of bitcoin fanatics day dream about such an event. But speaking strictly in terms of hacks, there has never been a hack with the bitcoin core technology, only with scammers and hackers attacking peoples' wallets personally, so technically bitcoin has never been hacked |
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Yes, I have different definition about acceptance with legalizing. Maybe I'm wrong, but if its just about legalizing bitcoin, then there are many country which has done that. So there is no special with Australia then.
Australia is special because they have the most crypto business in their country and their rules and regulations support bitcoins, which is different from legalizing as they officially said that they like the technology too. And there are not 'so many' countries which have legalized bitcoins, they don't consider it a currency but instead treat it as capital and the profit is taxed like capital gains. Not only australia, but some banks have stated that they like bitcoin technology. Beside that, there are many countries that have many crypto business in their country. Legalizing means government let bitcoin grow, no matter if it will be a currency or capital or anything else, its up to bitcoin user in their country, which there are many countries have done that. yes, these countries seem to appreciate the block-chain technology a lot, while they hardly talked about bitcoin individually. I don't really think any country would come out and support bitcoin like we ideally want them to, because why the fuck would a country do that for us? The only time they'd do something like that would be strictly for personal gains, and I doubt a country would risk their money with btc, despite knowing that it would boost bitcoin like crazy. what do you think? |
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Bitcoin is something completely different and therefore in my very humble opinion should not be taxed.
I would hope that any BTC to BTC transaction will be tax free while if one wants to cash out in fiat then one should pay taxes on it.
Any State or Nation or Federation or whatever have no rights on BTC!
taxes are usually not on transactions. I'm not sure what you mean by "BTC to BTC transactions will be tax free". taxes are usually on things like income or gains and then there's a tax in many jurisdictions on creating value (VAT) I think the meant transaction fees, referring it as BTC to BTC transactions. Taxes are everywhere, from the things we purchase to the internet we use, we are taxed for everything involving transactions, and they call it the charge of living in a civilized society. That's stupid, because I could hardly spot civilization in this crazy world. And about bitcoin and taxes, yes, its considered an asset and charged as capital. |
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It's a technology used as currency by the community. I like the idea of mining in bitcoin, it's like mining some gold in other way. So i think bitcoin is a commodity. bitcoin is a lot of thing for a lot of different people, that's what makes it good. For businessmen like me, it is a currency so I can do my trades anonymously and maintain privacy, for some its a mode of payment and gives control to act like your own bank. For some its investment and they treat it like capital, even profit made from value increase in btc is taxed as capital appreciation. To each his own |
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How can you state that gold will increase forever? Its been decreasing value per year for the past 5 years, reaching its all time lo this year. The only reason bitcoin succeeds gold is for its potential, because its value can increase 10 fold-100 fold but gold? No, I don't think so. I've seen companies gone which were there for a century, what is a shiny object in comparison? Things change. This is pretty easy to explain. Gold has been falling since 2012 (surely not the past 5 years) when the Fed finally stopped printing money as hell (QEs, actually Ctrl-P's). Till then gold had been soaring since the beginning of millennium. To reach back there it has yet to fall three times from where it is now... The bottom line is that gold will appreciate since the dollar is doomed to depreciate in the long run. This is a given Yes. Gold has also been around much longer than the dollar. 5000 years longer. Supply of dollars will almost surely expand than supply of physical gold. Even if BTC becomes used worldwide, there will always be lots of people (myself especially included) who will take gold. "There is always someone around who will take your gold." (meaning they would take it as payment) -- traditional "When you get gold, you have already been paid." (meaning FIAT$ need to be changed into food, services, etc.; EXCHANGED again) -- FOFOA oh I seem to understand now. Gold will always have an upper hand when compared to fiat, even dollar, because fiat has to be exchanged again in return of goods and services while Gold having more value, is already a payment received. Gold has been around for long, but noticing that it lacks a lot of qualities to be treated as a currency, isn't it more of an asset... |
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