For long term investment purpose I will surely go with gold because surely gold prices will go up over the time but its prices moves very slow. And also I buy BTC but not for long term because btc do not have any solid foundation that high prices may survive for long term so I usually buy at low and sell when I make some profits. Btc is good for making profits from trading instead invest and wait for long time.
That is good think to go with gold for long term investments because btc price no one can predict what will happen after few years. So do you think gold price will up and never goes down, two year ago gold is coming strong and this years gold price drop 30-40%. i think still better bitcoin, you can take benefit because market is fast and active I think people that think gold only goes up is delusional. The gold supply is not as scarce as people think.. and when technology increases, when we start sending mining machines into other planets and asteroids, we may discover a place that's full of gold. When that happens, a crash is guaranteed, because of bigger supply. On the other hand, Bitcoin will never suffer from that because it's just math. |
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A good motivation for long term holders is looking at Warren Buffet long term investments, that guy was a beast of buy and hold and it paid off every single time. If you invested with Buffet in Berkshire Hathaway in 1964, your $1,000 would be $10.5 million now. He also invested in Coke when it was 3$ a share, and still holds his stock years later which is worth billions.
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---snip----
---snip----
aah okay thanks alot, i better get my activity up then!
And now before u ask how to grow your activity i would like to tell u that you only get 1 Activity points per day for your post.. No matter how much u post and activity points are updated every 2nd week of Tuesday So accordingly you will be able to post images in the forum from 8th December 2015 if u post once a day daily. )) I think you got that wrong. It's 14 posts a fortnight. You can post 14 posts in one day, and get 14 activity, but you won't get any more activity for the test of the week, even if you post. Op, of your finished with this thread, I'd recommend locking it as it is if no use to anyone anymore. It's not for the rest of the week, it's every 14 days, and not 14 days after you post your 14th post, there is a fixed period in which you can start gaining activity posts again. For example, the current term is 11/10/2015 to 11/24/2015, then add 14 days to that... it's explained somewhere in a post here. |
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Someone should record this and upload to Youtube. All of the mentions of Bitcoin in mainstream TV have always gotten tons of views, every views count into getting Bitcoin out there outside the geeky forum circles, unfortunately most people are still watching TV to get news and will not even check the internet for anything that is not facebook.
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That's what I'm always saying. If you really only invest that money what you don't need to care about, there is absolutely no reason to freak out when BTC's price tanks. Just sit it out.In the long run we will succeed and be glad that hodling was the right decision.
Yea the higher the risk, the less capital should be invested. Those that put all their life savings into btc at 500$, and the price went to 1100 and didnt sold, then went down below 300, they panicked and sold at 300$. Now they are angry at bitcoin because they lost almost half of their savings. But they should be mad at themselves. If they would just bought a little bit then it would not be big deal. If you bought for 100$ when the price was 0.5$ , 200 BTC. You have no reason to sell, because the price can go up to 50,000$ and you will be amongst the elite. as one of the existing elite...didn't tim draper purchase 30000 bitcoins at auction for around $600 each. granted it was a miniscule part of his net worth and surely hes not panicking. I would think most who invest in bitcoin feel its a long term play and would not panic. Those who trade...it may be another story entirely. Is that the gold mine guy? I remember reading about a guy that sold a gold mine he owned to buy Bitcoin, he hasn't ROI'd yet. Of course, if they have a brain they will hold. I remember when Warren Buffet bought the Washington Post stocks, he lost money at first, then years later (like 40) turned his initial $11 million investment on $1.1 billion. This is why it's all about long term and ups and downs don't really matter. |
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Indeed, i've ordered them in view counts to see what was the most viewed video ever about Bitcoin and it's the on Bitcoin.org explaining it, not surprised. But I saw this below: https://www.youtube.com/watch?v=vnm4xFC2xNoIt sucks that this is one of the most seen videos. For newbies it makes it looks like a mess and a waste of time. Let's just hope things get better once we hit actual mainstream level. |
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I've dreamed about waking up, checking my wallet and seeing a random transaction of a couple of BTCs, it felt very real so I actually checked my wallet when I woke up, you know, in case.. but no, it was all a dream. It was not much actually, like 6 BTC or 7 BTC, but it felt really nice, getting that out of nowhere.
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I think the real point of sidechains is you can directly deploy them then use them as isolated experimental chains to play around with and do all kinds of new and maybe weird stuff without the risks of screwing up the main blockchain, why even try on testnet then? why not try on a sidechain?
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So as we all know, Satoshi intended Bitcoin to be p2p cash through the internet (its on the whitepaper!). I still do not understand how this concept is compatible with the public ledger, unless, we use the notion of mixing inputs and outputs. I am not an expert or a coder, but I think the CoinJoin thing is pushing on this direction and have the right idea.
Of course technologies like Darkwallet sound even cooler, but, CoinJoin seems like a more simple approach and I think it could easily be implemented in Core.
My point is, everyone must be able to send a transaction anonymously if they want to, including the most average Joe of Joes out there. Therefore, a check/uncheck button next to "send" that says "send this transaction anonymously" must be added. All this would do is automate the whole process of the CoinJoin thing, so it would send your coins mixed with random people's coins in the same transaction so there is no way to know who is sending what from A to B. This coupled with confidential transactions which hide the amount of BTC moved could reach a very respectable level of anonymity for everyone and then we would be able to start talking about actual p2p cash.
We must push for a decentralized Bitcoin and as anonymous as it gets for the whole family.
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The only thing actually bad about the halving is the fact that the price will go up, and we (by we I mean people like me that want to keep making more BTC to store for the long term) will have it harder. It was easier to buy BTC when it was 230, now at 100 dollars more, its getting hard to make BTC monthly.
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The market at play right now is clearly 320-380, this is the new 200-270 basically. I would not expect a rally to begin once we crush 400 again. All day trades should be playing around that margin, if you want to try your luck. I dont so I just simply hold.
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Yeah, it never made any sense to me believing the fairy tale of technical analysis. Just because a figure may represent itself in the future given past performance, doesn't guarantee that it will. The big players can pump and dump at any second giving you a ridiculously long candle and you better hope is not red. Just buy and HOLD.
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As far as I know, isn't it just a clever usage of Bitcoin script to process the transactions? It's not like we are talking about it requiring centralizing servers or something right? Because on that case it would suck, but afaik like I said before its just a cool way to deal with the scaling problem without centralizing nodes (big blocks).
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Just being a ruthless buy and holder until the end of times and beyond. Ok not until the end of times and beyond literally but, say 10 years. You keep buying, you keep storing. Buy and store my friend, that's the only way to make it in this nightmare of a world. If we are right, we all will be millionaires.
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An add that displays a huge QR that can be scanned and there's money for people to grab would be great. I can imagine people getting their phones out all at once in the cinema trying to grab the Bitcoins. That could make it go viral.
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It's unfortunate that the more you make people be able to be free, the better tools that criminals will have to get funded. Of course cash is still the number one, but once the goverment retires cash in the future, im afraid something like Bitcoin will be the #1 used tool by then.
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A lot of counties see Bitcoin as the ultimate money laundering tool. If more and more people keep getting aware of its existence, they may all start working for Bitcoin under the table to not report any taxes, but for this more merchants would need to arise.
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It's hard to trust anything that Microsoft puts out. They've never hidden the fact that they mine for our information. So, the question shouldn't be "are they collecting our information?" but more exhaustively, "what are they doing with the information they've been collecting?"
I think it's pretty clear where things are going. Microsoft knows Bitcoin will be huge and worldwide in the future, so how can they keep controlling Bitcoin? By selling Windows 10 services to the NSA and legally allowing them to spy everyone. Let's just hope people stop using it eventually. |
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Im afraid it's impossible to get on this campaign. The number of free spots is too limited. If you get raised as Hero then it's simply impossible with only 1 spot on the entire campaign for a single Hero member..
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Are they counting the current period at all? The spreadsheet hasn't been updated and we are 2 days in the next term already.
And I still didn't get the money from Oct 31 to Nov 6.
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