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Many cities are used to drop their sewer's liquids in rivers, that become useless with so much fecal coliforms and other toxic substances. I believe we have already enough conditions to solve this problem in our cities, the problem is that people aren't giving importance for this kind of issue, so it's not necessary to do anything to solve this... That is what people think.
They are too worried about earning more money to buy the next Iphone that is going to be launched soon, but that will become overpassed in 3-6 months. Water pollution stays on second plan like many other subjects that really matter.
Toxic substances should be destinated to another places than rivers. But some pollution can be neutralized by putting seaweed on the contamined water. Seems it's something relatively new: Seaweed turns dense sewage into fertilizer. Investments in sewer treatment can help too.
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Nice move! I hope the market is already recovering itself, but at same time I'm not too confident like days ago. I have seen a similar move on BTC's price, then I thought things were going up again, but what happened next was a higher drop. For me the market is still very unpredictable, especially because we have lost the reference of support and resistance lines... Only time will tell.
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It's affecting everyone, and there is a good point behind it. With the drop in Crypto market, people are using more coins to gamble, so there are more coins in circulation on the casinos, more coins being moved. I don't know if casinos exchange their coins into fiat often, if so, the supply on the market will increase, pushing the prices down a bit more, but seeing this, investors will start buying the cheap coins, pushing the demand up and consequently the Crypto market's prices. If the prices must decrease to increase the demand next, let it be.
At some point Crypto market will affect your gambling game the opposite it's affecting now...
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Even if all the things you are saying were true, governments don't have the right to criminalize Bitcoin and its investors. If you don't like Bitcoin, good for you, you just don't need to use it and if you think you should speak against the digital currency to alert people about Bitcoin's risks, go ahead! Do your best to not let people invest in BTCs.
But when you use the force to forbid people of doing something that isn't going against any other person besides himself, then it's a serious problem...
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You don't want to hear bla, bla, bla about Bitcoin's technology, but that is what is helping people. Lol...
Besides being a profitable investment at this moment, Bitcoin makes the trades simpler and accessible for everyone. One practical example is when creating an account on a task/job site (to work online). Before you had to have a bank account and give your personal details (to receive payment via Paypal or any similar platform), and many people don't like to do this on the internet. With Bitcoins it has already changed, you can start working anonymously and earn your money this way.
Also, it helps under age people to start working online and putting their skills in practice.
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Talking from the gambler point of view, months ago the prices affected by decreasing the BTC bet size (as the price were more expensive before), and now increasing again the BTC bet size (as the price is falling hard). The loss/profit, considering in fiat rates, didn't change anything, as the bets made by gamblers follow the Dollar price. At least it doesn't change anything on short term, but when BTC price increase again, gamblers will check their historic and see those past BTC losses and think: Wow, I can't believe I have lost so much money on that time...
From the investor and casino point of view, now things are better than before, as gamblers are playing higher, increasing bets sizes, consequently generating more profit for the house and its partners. On short term it's not possible to feel any difference in profit terms, but when BTC price increases, it will make all the difference!
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No issue for that people also. I think all those who are investing such a big amount then they have high patience quality and they are not fearing from any situation they always think positively. Those people will still continue their buying process and play for this time and as price again touch that range then they will be start playing with time coins also.
They just need to keep in mind some months ago BTC was pricing the exactly currently price. Few months could be considered short term, and on short term everything can happen, even if it looks too strange for us at the present time. I believe those who bought BTC for $18.000-$20.000 should forget about it for some time, just store it on a safe place and wait for the next bump. To sell it would be a big mistake... Bitcoin isn't an investment for short term investors. |
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Stupid idea. Do you know how much electricity data centers use ? Yeah Google is trying to do something with renewable power but that does not mean anything. You don't complain going on Facebook or Youtube and enjoying yourself, so I guess their data centers don't consume any electricity ? Don't be naive. Everyone here is looking for profit. If it's more profitable to pay for electricity rather than produce it everyone will do so.
At least they are doing something and not just depending and counting what their income is. If these companies can then why not the miners. I am not saying that because they only get a portion compared to other data centres they should not do anything. They can be trying to do something about it, and yes, it's good, but to feed large mining farms or even data centers of these companies they need more than renewable energy to make it worthful and productive these days. I was thinking about a little mining farm making use only of solar panels and wind turbines and seems it's not possible. It's inviable. Renewable technology must become more improved yet to see some real chances of this happening. To go "full green" now is just an ambientalist dream that will lead humanity to stagnation or olden ages... |
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I believe its has both good and bad effects. Good because such institutions would be putting up their investment in bitcoins which means they also knew that there is a big opportunity to earn from it. While on the other hand it would be risky too because there is a possibility of monopolizing the current market due to its high demand in the market.
This is really why we need bitcoin to be more of a usable currency than just a speculative asset as that would give them more chance to take hold of the market strongly and be able to control it however they wish and like. These are guys who have been living their lives manipulating the fiat system, what makes us think the same will not happen in this scenario with bitcoin. I am still sure what we are experiencing right now is institutional played, so the answer to the OP's question is glaring from what we are seeing in the market presently. I wonder why this was not attended to since December. Even though your's was post busting, it is good this is brought up. I have asked myself this question several times and to me, I just end up seeing room for pretty much manipulation. Unfortunately, a lot of people are panicking and giving them the chance to be able to have more hold in the market, but I am not sure if this would really mean much in the long run on the amount they are going to be sitting on. I am sure they are having this moment already and we can see how that is leading us. At the end, I only see bitcoin ending up as a store of value with the look of things. To make Bitcoin more usable as currency there should be a decent solution for scalabity issues. Also, high volatility doesn't help, and as a decentralized currency, volatility is part of its nature, there isn't much to do about it... Bitcoin goes through the store of value path, with some people using it as currency, but not the mass, not the most part of investors and enthusiasts. I agree with you, the market's movements smell like manipulation, trying to make little fishes drop their coins, so the whales can take all of it and save for themselves, reaching to OP's possibility, to dump large quantities of coins later, a kind of sabotage. So the institutions come with their own Crypto-Currency (centralized one), saying: "Well, as Bitcoin failed, now you can use this one, it's much better, there are a lot of advantages, join us!". So I don't think institutions investing hard is positive for Crypto world, especially for Bitcoin, but there is nothing we can do about it, it's a free world. |
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I am considering taking a proportion of my business turnover in BTC-my main question is really, suppose I have a product that I want to sell it's retail is $10k, assume that 1 BTC is worth $10k so it's simple I take 1 BTC, now suppose BTC shoots up overnight to $15K per BTC OR falls to $5k per BTC, how do I hedge against these swings in BTC;s value?
Make sure the buyer used a decent fee on the transaction, so it will be confirmed relatively fast. Receive the payment on your exchange account, right after receiving the payment in BTCs, convert it to fiat and cashout to your bank account or keep it on the exchange to trade if you wish... I'm used to do this by using a trusted local exchange, from my country. |
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3 months ago, bitcoin price was around exactly the price we're at today. A year ago it was at about 1k, that's a 600% increase since then. All this crash/correction has shown is that nothing can rise indefinitely and at an ever increasing pace.
I have seem this statement on the internet. Expert Crypto investors are telling this and that we shouldn't think on short term when investing in Crypto-Currency, but on long one. One of those experts I have seen, told Bitcoin will hit $1.000.000 by 2020. Thinking this way is much more comforting and the most important, it makes sense... So let's see the situation by a positive point of view: It's a good opportunity to buy cheap coins now, and not only Bitcoin, as the whole Crypto market is falling at this moment. |
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Seems that is what is happening... Price is dropping a lot, so people can stop complaining about buying little fractions of Bitcoin, they can buy a decent amount of it and start holding. If many people think this way the price will start increasing again. Anyway, it's really strange BTC's price doesn't stop falling, what is really happening?  |
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It's even dangerous to put yourself fully against abusive taxes and to give hints to others about how to avoid them...
Last time I checked being against taxes wasn't a crime. It's my opinion that the system is flawed and taxes are nothing but an abuse of power. I'd like to see them put me in jail for being against the slavery they were so much against in their official statements, yet we're all living in a world of modern slavery. Pay your taxes, social security, even if it means you won't be able to put food on your table. If not we'll put you in jail and supply the food clothes and clean sheets for you at the expense of other taxpayers (slaves). What kind of a system is this?  What you say it's true. I think it's very interesting that when investing, we must take the risk by ourselves, no one is behind us, if we buy some BTCs or AltCoins and tomorrow their prices fall and we lose all our money, it's all over... But if we make profit, then we must share a piece of it with the government. Total advantage for only one side, right?  Why isn't the government solidary in case of loss too? And even in Crypto world, there are enthusiasts that feel offended if you put yourself against taxation. Your point is valid. If you make money, pay tax to the government and if you loose, the loss is yours. This is the basic taxation framework for almost every countries and pretty much one-sided. So then why are you asking your government to build roads or sanitation system or other infrastructural development? Government is building such facilities for common people like you and I to use for free of cost. Isn't it an one-sided facility for us? Instead, they can build roads and sanitation system and ask money everytime you use those facilities. Take an example of the Police force that government has built for you and I. So if a burglary happens in your house and you call the police to investigate. Imagine that police is asking for service fees from you to investigate and giving you receipt for the same. Will you be paying that? You expect that police will register your complaint and investigate the matter for you without charging any fees. So that's an never ending debate and every party has their own flaws in the system. Because nothing can be flawless in the world. I am sure a lot of government are corrupted and chargind unjust to their citizens, but we all have to live within a framework and a system. If you are out of the system, you are an outlaw. I support paying taxes to the government. For investments of any sort, there is a provision called "capital gain taxes". Where your net gain is taken under consideration after deducting all your losses. Let me give you an hypothetical example on it, 1st January 2018: Bought 1 bitcoin at $10,000/btc
3rd March 2018: Sold 0.5 bitcoin at $9,500/btc
5th June 2018: Sold 0.5 bitcoin at $12,500/btcSo in this trade, you first sold a percentage of your bitcoin holding at loss and you made profit in the 2nd time. Look below to know how to calculate the capital gains here,
1st January 2018: Bought 1 bitcoin at $10,000/btc
3rd March 2018: Sold 0.5 bitcoin at $9,500/btc (received $4,750)
5th June 2018: Sold 0.5 bitcoin at $12,500/btc (received $6,250)So total amount received is, ($4,750 + $6,250) = $11,000 Initial investment: $10,000 Net gain: $1,000 So you capital gain will be $1,000 and you have to pay taxes on it. There are other conditions like the time of holdings etc, but that depends on your local law, so I won't discuss about those. But that's a basic idea of how the capital gain tax works and how you calculate your capital gains. So you are only paying taxes on your net gain. If you are making losses, that loss will be deducted from your profits. Government is not our enemy, we just need to follow certain rules. I hope this reply will help to clear your mind. Thanks for your reply. I would like to say I'm not fully against taxes, I'm not at anarcho-capitalist side, as we need a government managing the basics we need in a society to keep it organized and to guarantee the order. The infrastructure and security sectors are very important and necessary *, I agree paying taxes (as we already pay in our countries) destinated to these areas. But one of the main problems is that we don't even know for what we are paying taxes. We don't know if determined tax is going to welfare programs, if it's going to sustain the artistic's class (some kind of monetary incentive from the government for 'cultural projects'), if it's going to politic's and lackey's pockets, if it's going to finance foreigner dictatorships, if it's going to education, health, security, etc... So I'm not paying for a service that I use, I'm just financing political campaigns via taxes (as they buy votes this way, via welfare programs and theft). Also, there are several bureaucratic public jobs and services that are totally worthless, they shouldn't even exist. And then, even taking so much money from citizens via several different taxes and abusive tax burden, why do they need Crypto-Currency profits? Isn't the country already 'working' fine without this Crypto income? Let the Crypto investors boost the local economy by investing on it by themselves, by opening businesses, by increasing their purchasing power, by learning how to live and spend their money by themselves without the state machine telling them what to do, how to do. Sometimes, depending who is on the government, yes, it's our enemy, and if their rules are unfair they shouldn't be followed. Maybe in evolded countries things work better, but it's not everyone's reality, the taxation abuse is heavy in many places. The balance must be respected to keep the harmony flowing through the men's hearts. * The quality of these services are also very low. Broken roads and low work's conditions for security forces. |
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I would say Bitcoin is a risky investment, but a risk that worth to be taken. It's not like other insensate investments and attitudes that involves a lot of risk for nothing at all. If we analyze Bitcoin, its technology and its ideal, we can have sure it's something solid, very well developed and that came to stay. No one disagrees Crypto-Currency will die, that it's just a hype, even those who blame Bitcoin and decentralized currencies say Crypto-Currency came to stay.
So besides the risk, it's a solid investment too, investing in BTCs, you are investing in the future. Everyone should buy Bitcoins in 2018, if you wait too much, tomorrow it will be too late to buy...
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Because of my cloud mining experience with genesis mining isn’t the best right now, I’m willing to my genesis mining account for reasonable price. I’m valuing it at 1/3 of the original price I bought it for so anywhere between 600-750.
That is what can be called Greek Gift, with the exception people will be paying for this, what makes the deal even worse... |
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It's very simple to let somewhere our access data to crypto, in the unfortunate case we'll pass away.
The real problem is that if your relatives are not in the crypto field and you didn't "train" them, there is the risk that they will find your private keys but they wont have any idea of what to do with them.
The best way is to let a close envelop to a classic notary with all your data access AND detailed instructions about what to do.
At least, this is what I did.
It's true, if the inheritors don't know anything about Crypto-Currency, they will hardly have access to the coins, in this case they would probably have to ask for third party help, what is very dangerous, as they will have no idea about what they are doing, while a third party service can have malicious intentions with your inheritors money. In a decentralized world the responsability is totally yours, so you did right by letting instructions inside an envelope. Now it's just necessary to make sure this envelope is on a safe place, where strangers can't have access to it. |
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Where I live there aren't land based casinos. Anyway, I prefer to play online, it's more private and accessible, when I have some free time I can just open the site, play for a while, and when I want to quit game, I just need to close the window. There isn't the need of moving myself to another place just to gamble for a while. Also online gambling is much cheaper than playing at land based casino.
About going alone to casino, I think there isn't any problem since you don't become addicted. Some people like the casino's atmosphere, the colors, the lights... Just stay under control of your mind and you will be fine.
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Some time ago less than 2% of world's population were into Crypto-Currency world, how can you say there aren't new people to come in? There are much potential to be explored in Crypto-Currency yet, we are just beginning. So yeah, probably the last time you'll see bitcoin near $10k, will be today. Yes, because soon the price will skyrocket and it will become really expensive, making $10.000 look like chickenfeed... |
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What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
Of course not, I'm not going to be stupid to push myself into something that I know that I'm not good at, you are just fooling yourself, don't ever focus on just one way on how to earn bitcoin, especially gambling, because that would be the worst decision ever if you are going to continue playing gambling even though you know yourself that you will never win, losing too much is a sign that gambling is not really for you. Accepting the fact would help you to move on even though you have lost some of your money in gambling, either small amount or big, what matters is that we learned something from it. To accept the fact gambling isn't a method to make money in Crypto-Currency world is the main point. If someone reaches the stage he is able to lose all his money, without worrying about having conditions to reach home safely it's really serious and it's a big signal this person will have difficult to learn something from gambling... The addiction is already there, inside the gambler, and growing. No one should reach to such conditions, as the problem increases its size even more, being harder to solve it. When a gambler start felling this difficult to exit the casino, to take a cab and go away with the rest of money, the gambler shouldn't think about it too much, because when the mind is 'poisoned', the reason becomes your enemy. Take an impulse, exit the place, take a cab and just think about what happened when you arrive home. |
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Because they are being taught in the schools to act like that. The ideology being taught since some time ago everywhere puts people against people and the favorite one is Rich versus Poors. People are being taught to hate those who have more money and success than them, it's being incentived by educational sectors, media, political parties and religions. It's a very known strategy: Divide and Conquer.
We live a total reversal of values. Schools don't teach order, discipline and is partial about the subjects; politics don't give positive examples, don't incentive honor, meritocracy, justice; religions alienate the men from the real spiritual values of the universe. So it's not strange people are desiring what isn't theirs, as seems everything nowadays work the opposite it should be.
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