To any newcomers reading this list of recommendations: Be especially wary of the following points, those are a great way to fall for scams and lose money: 3. Mine Bitcoins or other cryptocurrencies. [...] You can also try Bitcoin mining on any device with internet browser: on your computer, laptop or smartphone. 33. Try to participate in very risky High Yield Investment Programs. 58. Try cloud mining. 72. Borrow money for the purchase of cryptocurrencies. 73. Win Bitcoin in the lottery. No... just, no. Well i never would have thought of 100 ways to get bitcoin and some are arguably "Potential wats to get bitcoin" such as those rightly pointed out above. #33 using HYIP sites is not good advice, they would come under the topic of how to lose bitcoin. Good list nonetheless.
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Bitcoin remains the safest place to hold your money in countries with economics difficulties especially if sanctions are taking place like Turkey now. Although, this economic crisis may just be temporary but it incites people about the benefits of following cryptocurrency revolution Yes the crisis may be averted as Quatar are giving Turkey a $15bn loan. Its funny how the U.S imposes tarrifs on Turkish metal, this affects the weak turkish Lira and we still refer to currency in $'s It is definitely heartening to see bitcoin used as an escape method while the local FIAT collapses. We will definitely see this happening again and again as countries struggle in the future.
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Yes bitcoin is a global currency all ready. It knows no borders, anyone can use it regardless of their economic or social position but thinking any country is going to use it as their currency is a waste of energy.
The OP is correct in saying it is unstable and it might be solid but these are not reasons which will determine bitcoins adoption by a country. Its about control and no government can control it so it is not in their interest to use it.
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I also think the alt coin bubble will burst, there is indeed far too many alts going nowhere. I have mentioned in a thread about the idea of liquidating useless alt coins back into something usefull like Bitcoin.
There will be a benefit to altcoins dying, it will result in an increase in bitcoin market share.
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Well the site itself works and looks great on my smartphone. The idea i think is good, connecting companies and projects with developers. Its actually a recruitment agency specialising in blockchain careers and talent.
I am impressed with your client list, Samsung, Mitsubishi, Uber, Ripple and Tinder.
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Why do we need to own stuff? There are a lot of people who lead a minimalist lifestyle. To me there is way too much consumerism.
I hear of a guy from a few years ago who decided to get rid of stuff he didnt actually need. Everything he sold he took a picture of so that when he thought about again ge would look at the picture.
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43.9% more profit is huge for any bank. They surely don't regret their decision by now so perhaps they could share the word with their brothers. Saying this result it could attract more Swiss banks doing the same, even the big banks
Yes it is huge percentage of profit. Im sure there indeed other banks looking at this and not just swiss banks. They would welcome any opportunity to increase profit for shareholders.
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Again congratulations to the winner, great designs for both the token and logo.
Thanks also to YuTu.co.in and Bruno for tge generous rewards to all who took part and thanks for providing the opportunity for all to enter.
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We really need to stop referring crypto to FIAT values because 1 bitcoin in 2017 is still 1 bitcoin in 2018.
Timing is everything, buying and selling at the right time is key to either making or losing your FIAT values.
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The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
While i understand what you are saying i dont agree with the language used. "always been clamped within $5500-6000" is factually i correct. Bitcoin has come from $1, $10, $100, $1000 and beyond. What we are going through is just a phase. A phase which frustrates a lot of people but patience is the only solace in these times.
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I know is manipulation about how dropping price bitcoin or altcoin, but I am still little worried if many people keep sell their coin, I know they have panic to sell coin and make price more drop, just few people know is bad situation to make altcoin or bitcoin go down to drop price.
No need to be worried. As the value of bitcoin gets lower and lower it becomes more and more enticing to buy and is seen more and more as a bargain. That is what is happening now. We have seen the prices hover around 6k then up to 8k and back to around 6k. These movements have been happening since I got into Bitcoin.
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The silver standard is definitely a think of a past now.
Previously, money was literally associated with silver as an element, and it has always performed a similar function to gold.
I do think that bitcoin is going to take over, or replace many of the functions of precious metals as a currency. In the future, people seeking a hedge against the continued depreciation of government issued currencies will most likely favor bitcoin as a store of value instead of silver, or gold.
That doesn't mean that silver can't be a viable long term investment - it is probably still culturally significant to a lot of people around teh world, and will likely hold its value much better than fiat come a inflation crisis somewhere. Its industrial uses are obviously there as well, and it's unlikely they will be replaced, with silver being one of the best conductors of electricity. But bitcoin will be seen as a safe haven, just like silver, in the future, and silver's role as that may be diminished.
I was just talking this point today with a friend. We both concluded that Bitcoin will be the #1 or #2 store of value, certainly taking over from silver and maybe gold. Of course it is impossible to wear jewellery made of bitcoin or create a radioactive sun shield for a space helmet out of bitcoin, meaning gold and silver will continue to have its uses in technological, medical and space applications.
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that's a tax rate most people elsewhere could get behind. i think it's 55 or 60% in japan. but the idea of that tax being on all purchases with crypto is a pretty dumb idea. it should only be above a certain level.
and what the hell's with that war tax? i've never heard of anything like that before.
Never heard of a military tax before either but hey there used to be a window tax many many years ago so governments can create a tax on anything. 5% tax is very very low and very attractive to anyone looking to take some profit out of crypto. Compare this to Isreal who have a 25% tax on crypto profits.
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When the futures came in everyone was so sure that the prices will rise again and unfortunately bitcoins started their downfall from that day onwards so I think that this theory might hold some truth too , since even till now the price has been down.
I do think that whatever they could do they have done. They cannot decrease the price any further .. now the price has been stabilized and we need to wait for the upsurge.
I remember a post by someone just before the futures were launched stating that futures would have a negative effect on bitcoin, and I also agree that it seems like they have suppressed growth but that could also be coincidence. If there is a conspiracy theory as in the OP how would they actually control the market? Wouldnt they drive the prices wild and pump them to their own benefit . . .
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I have heard of this financial crash for a while now and I dont fully understand the dynamics of how its going to happen.
Bitcoin taking over from the Dollar anytime soon I cant see it happening in the next few years.
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I think generally speaking it is a bit too early for salaries to be paid in bitcoin and crypto. This benefits the exchanges where the salaries are paid into because most people will need FIAT to pay bills and other living expenses.
Receiving part of a salary in bitcoin would be my option if i was presented with it.
I agree, I don't understand why it is paid as bitcoin, I can understand some projects pay salaries with their native token but for such companies that is not reasonable. I also agree, its a bit too early nor for salary payments in bitcoin purely because other industries and services have not caught up with the trend. Utility bills and living expenses cannot be paid with bitcoin yet. Its a bold move and its good to see both employer and employee's willing to accept bitcoin payments.
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As we approached sub $6k and actually hit $5.9k... we see another huge pump to $6400. Impressive, a $500 dollar move up just like that, on a single candle. Someone bought a pretty decent amount of coins.
The theory of how that $5k-6k price range is the diamond solid ground in which miners will never let bitcoin go below is shaping up. Governments want to take the price down and tank it so they can buy it all but someone (maybe rich miners and other whales) keep using that range as the reverse point. Let's see if it holds. We have touched this same point so many times that the theory might be right.
I have been seeing various comments about some entity trying to short the market and drive the price down. Im not a whale but im still buying bitcoin at the current values. I know it doesnt really matter as most of us are looking at the long term but are there moves to take the prices down?
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Firstly I want to congratulate the winner, well done on a very nice classy design.
Secondly Thank you to YuTu.co.in and Bruno for giving everyone a chance to submit an entry and for rewarding all of those entries, very fair.
Personally I am delighted that I have been rewarded. I will send address details by PM and leave positive TRUST when reward is received.
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I also think there was a lot of institutional investment last year some of it has stayed in some has been withdrawn and so it will continue. It will all happen in its own time, wishing it to happen wont actually make it happen. There are still some people who think bitcoin is going to magically provide a retirrment in the next year.
A reality check is needed.
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It only took a few hours before the misery from the fall in values to be voiced in the forum Yesterday. The amount of repeated threads was very noticable.
I also think its silly how the sweaters and panickers come out of the woodwork at any little fall in price and how that affects the markets.
Long term users of Bitcoin etc. are constantly saying not to panic etc. etc. To no avail really. Its just weak hands and newbies.
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