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I prefer in investing my money intended for savings since I need to keep my savings as it is and have a source to where my spending will be taken. I always make it clear that what my starting resources is my savings and the profits to be my spending funds. But this will be only a part of my investments since the resources here are for savings purposes.
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I always keep an updated track record of my trades in every trading cycle to know the amount gained from individual trades and also as a whole. And we have application's where to keep those record and I also keep my working station compact in a single device.
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The easiest way is to visit them and just show them all the advantages of Bitcoins.
And not just show it to them by whitepaper.. but also show them practically.
Always give a complete package in educating your audience for them to completely understand and to have less questions asked after the presentation. And don't forget to make a demo. |
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You can buy now since btc's value is still rising just always keep an eye that it maintains that way. A lot of traders or group of traders like the localbitcoin has been on the trading cycle buying and selling since it has more potentials in gaining more profits than having it stocked.
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I can handle both loads as long as, I mean I can handle it. But for the brighter side in the future I can go full time with bitcoin investments as it is more easy to handle more than any jobs not related to bitcoin around my area.
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actually is china yuan that cover most of btc txs in the world (see bitcoinwisdom to take an idea)
Has the monetary value of yuan increased from last year since I have no idea in the fluctuation of currencies. Or has it been demonetized? |
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It is possible in the near future that bitcoin will be a universal currency since even in small tradings or investments that we have right now we are using it globally. What we might be expecting from now on is the multiplication of the number of bitcoin users so bitcoin can spread along with the number of users, the more users we have the more bitcoins we can circulate and accumulate.
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
Well it's natural so your expectations are right, But imagine if some big economic "crash" happens and the dollar collapse? Maybe some other currency will dominate the trading then? Anyway I want to remind you that, the bitcoin itself is created to replace the fiat currencies, so in the future there may not even be a dollar or euro etc... and every trade will be made in Bitcoin  Still it will be a long way if eventually it will happen since we are still in the process of acquiring more to support the trading amount needed for a huge market and to be in control globally. |
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The US dollar is still more dominant when it comes to trading anything. Because it controls almost all the exchanges by using it as a base. If the crude oil value will be based on bitcoin then, that is the time that it will become the most dominant currency.
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Well the best case to borrow Bitcoin is when Bitcoin price falls and when it falls more than the loan's interest.
For example, lets say Bitcoin price is $500 and you borrow 1 BTC for one month. The interest is 5%. You sell your borrowed Bitcoin immediately for $500. After one months, the price of Bitcoin declined 10% ($450). You buy back 1.05 BTC (loan + interest) for $472.5. Your gain is $27.5.
But this only works when Bitcoin is in a bear market for the entire phase of the loan time.
Yeah, as you said, although this is a very smart strategy, it does have some limitations. a) You have to find a source that pays you exactly at market spot, otherwise your deal will be less profitable b) You are taking on a risk of having a bull market in front of you instead of bear c) I doubt you'll get a loan of 1 BTC that easily, without collateral. Yeah I'm doubting it also that someone will let him borrow 1 btc without any collateral unless he knows that borrower personally. But even in the reality he knows it, people change when money is involve. Yes it is, when resources of great value is involve without proper documents to support a claim would be risky if the other party will not play its part fairly. |
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Plain and simple: Decentralized money is money whose authenticity, supply and ownership is not controlled by a central entity.
That's basically all what Bitcoin is about. The core innovation of Bitcoin is solving the authenticity problem in a decentralized way: Via a cryptographic signing process within a blockchain of transactions.
I don't think that "local cost" is directly related to decentralized money. You incur local cost with centralized money as well: You pay bank fees or have to provide appropriate storage capacities if you hold hard cash. Effectively owning anything always generates some kind of cost for the owner. That has nothing to do with (de)centralization.
ya.ya.yo!
Yes it is, that "decentralized Money" is a money that has no specific authority in controlling over it. But eventually it is used and is being circulated and accepted due to its monetary value. |
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Hi guys i just want to share my experience in gambling which is i am still playing since january but never made any profit with this game.. any other tricks settings and methods are already tried but still now never made any profits.. What you can suggest to me i will still continue to gamble in dice game with other methods or just stop gamble..  so far i haven't made any profit from gambling in dice games either. you are not alone, it is all about this game that doesn't let you make profit in long term. i have won a lot but in total i have not made any profit and all those wins just cover the previous losses. If that is the case for you in not having profits in the long span of time playing dice in a specific site try the other ones and see the margin of winning and loosing. |
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Bitcoin is really worthy for me since I can settle any transactions within the financial reach of technology using bitcoin as a medium or mode of payment. It makes some obligatory tasks to be more hassle and worry free to comply with.
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Since the outcome has a probabilistic nature and you can not determine the outcome (the prize of bitcoin in this case) yes it is gambling. Of course there are other factors you can weight in trading "minimizing" the risk you take (and your profit consequently) but it still is a form of "educated" gamble.
Yes it could be probably be like that. It is not totally investing in trading with a risk to keep an eye with. Within the risks is a possibility that you are in a gamble to have profits since we are not totally 100% certain that we will be having a successful trade. |
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I think there are allot of people who like to pay with bitcoins but is it better than using just gold. I don't think bitcoins will ever be better then gold because you can buy almost anything with gold of you want to pay the amount everything is for sell for sure.
We all know it that gold will still be better than bitcoin, but are in the modern era that the gold is just now treated as a jewelry and cannot be used as a method of payment for the goods. And we must admit that bitcoin has the advantage than gold because it can be use to buy things online and can be use for services. Bitcoin and Gold are really best for trading, But the two can have different uses as a whole. Gold has more uses than bitcoin since it has been in the market for a very long time, it is even used to have your country's currency have its value. |
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Whatever that can be traded with bitcoin than can be paid thru cash I prefer to use bitcoin because you can do the transaction online by doing the payments on your high technology gadgets. For cash basis making a manual transaction would be taking more time and a lot of documentation.
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
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Bitcoin cannot replace the dollar currency. Because the two currency's are currently stable and strong and has its own demand for its own purpose. The question is will the dollar currency dominate bitcoin trading more than the other currencies?
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Why gambling is fun is because its just so enjoying and you can even win money with it, its like playing a game for money and that is making it so fun and attractable(addicted).
That's the fun. As long as you keep being far more entertained and having fun of being amused always stay that way keeping your bets below the limits so as not to chase big loses. |
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Allready search that way.. its like impossible to find an answer on my question  But i don't give up..! For educational purposes only. Search on google about "how to create a site in tor". From my knowledge before tor: break a few servers, put the site on one of them. Do not connect directly to the web server, you must connect to multiple broken servers to get your trace lost. The last computer must not be your home computer, it must be an infected one, to not get the police knocking on your door. In this way the police will knock on someone else door, and ... they will find an infected computer . there are allot of marketplaces on the inernet where you can buy allot of stuff but take a good look because there are also a couple of markets who are not very trusted so becareful witch one you want to use and dont buy illegal stuff because they can track you. Interpol will just track and mark you for any suspicious movement, but will arrest you if you will be involve in a big case or conspiracy. |
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