In one day it lost all the gain from last 2 years, now people will understand why bitcoin is better than gold  The gold production increased, there are huge amount of gold mined out from china during the last year. But for bitcoin production rate is always fixed Gold inflation is still much lower than bitcoin's. Gold supply is increased only by about 1.5% per year, while for the next years we are still going to have 10% more bitcoins per year: https://bitcointalk.org/index.php?topic=130619.0 |
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I generally agree with Mike Maloney, but don't forget that he sells precious metals (at http://goldsilver.com/). So there's an obvious conflict of interests when he talks about inflation and other monetary issues. |
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Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.
And I was like...
What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?
Bitfinex is fine as long as you want to change the BTC for USD, as interest rates for BTC are very low. Interest rates for both BTC and USD are both very low, however the risk is generally very low as well. They are not insured/backed by any insurance company, government agency or anything else that would making lending money on there risk free, but they have shown that they are able to manage their overall risk and have shown the ability and willingness to increase margin requirements when appropriate. Interest rates for USD are still quite decent, about 14% per year, which is quite more, and with much less volatility, than what you can expect to get from the stock market in the long run. |
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It depends on your strategy. Don't forget that it isn't a zero sum game, as there are fees. Slippage may also be a big cost if you are moving enough money and/or the asset you are trading isn't very liquid.
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WTF? FRR for BTC is only 0.0155% daily. That's about 5% per year after fees.
Look at the bright side, its very cheap to short bitcoins! and we are in a down trend... Considering that bitcoin inflation is still about 10% per year, you are indeed paying a negative real interest for them. It would be interesting if you could then withdraw the BTC that you short on Bitfinex. Quite sure swap providers wouldn't find it too funny Um, well. Now we are talking about Bitcoin inflation. One of the major arguments for Bitcoin was the absence of inflation. Now where this beast (the inflation) came to this movie without me noticing it? As long as money supply increases, there's inflation. And right now we are still having about 10% yearly inflation. Take a look at the following charts: https://bitcointalk.org/index.php?topic=130619.0In some years, inflation will be so low that it'll be irrelevant, but for the moment it's still something considerable. |
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That's because they are less productive. As easy as that. You could also compare people that just started working with people that has been working for 30 years. Or people who have studied and people who haven't.
What if women just aren't getting the opportunity to do what they are capable of doing best in our society. People like you who have the opinion that they're less productive aren't being open minded and shouldn't be so fast to judge a whole group of people that you've never even met. We are all individuals and you yourself wouldn't like to be lumped together with every male and then judged buy a complete stranger who claims you not capable of doing the same thing as women? That's false. If you were an employer, would be willing to pay more for a male than for a female, considering that the they produce exactly the same? If they get less in average is because they are less productive. |
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The important thing is for the bitcoins not only to be spent but actually invested into bitcoin generating companies.
True, but it's quite hard to find any good company to invest. There are many risks. Even more if you use an intermediate, like Havelock Investments. |
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after 6 pages we didn't find any good method for multiply our btc with low risk...  You can just work to get them, produce something, or exchange something for bitcoins. but this is not multiply, this is just buying news one... in fact is what I do because I didn't find any better method And how do you pretend to multiply, unless you are able to "print" bitcoins? If your BTC balance grows is because another one's diminishes. And that happens when you are giving him something in exchange (or stealing him...). |
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We should ask to Dan Bilzerian about how to make 1BTC daily issue
Or, looking at this lifestyle, he could teach us how to spend hundreds of them per day. |
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you should compare the tax they pay to their income, not to the amount of people paying it.
because their income is WAY higher than the tax they pay.
It's much higher because they produce much more (as long as it's a free market, not a hampered one). Yeah but its still a joke. Most rich people i've ever meet are fund babbies. You have to be really stupid to fuck it up once you inherit. If they don't invest their money properly, they will lose it. It may take some decades, or even some generations, but they will lose it in the end if they don't invest it well. |
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how can you lose a 'cold' war? to many solders died? lol
Governments always blame anyone else for their mistakes. They love to blame speculators, for example. Or non-patriotic people, conspirators, "imperialists", etc. |
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Of the world's over 7 billion people, how many can today afford or even practically buy bitcoins? Not many percentage wise. And someone said that 70% of the U.S. population today don't even know what bitcoin is.
So how is that fair? It isn't. Because the opportunity to buy early is very lopsidedly distributed in society.
What's wrong with that? Neither can everyone have a Porsche. But everyone is free to buy it, they just need to give goods or services in exchange. The only difference is that Porsche is a consumption asset. If a majority of the people have to do without Porsches, it would be considered acceptable. In the scenario that Bitcoin becomes the de-facto currency of the world, excluding a large part of the world from holding bitcoins (because they are priced out) may be considered unfair. They wouldn't be excluded, they can get them like everyone else, by selling goods and services in exchange of them. Those who get in at the fag end of mass adoption will have only a few satoshis, even if they sold goods and services n exchange for them.  Yes, but those satoshis will be worth much more than now. So it's the same. |
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Money will be used to buy everything in the near 100 years
Not everyone will use that though If you are thinking that bitcoin will replace the use of money, then you are wrong bro. Money will be there as long as you and I is alive.  Bitcoin is money. And a much better kind of money than fiat, and in some aspects even better than precious metals. |
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What's wrong with capitalism? Capitalism means voluntary exchange, and therefore exchanges were every part considers that is winning.
i used to get an hour's paid lunch break and double time for working on sundays, now i don't. if i complain my employer will replace me with a third world immigrant. there is nothing voluntary about work for whatever pay and conditions the employer decides or starve to death. You are free to leave that job. But you aren't free of, for example, paying taxes to the government. |
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If you're 15-25 years old and just coming to Bitcoin because you want to be rich you're outa luck. It ain't gonna happen for you unless you run out and buy 10,000 of them and wait out the years of growth. If you hate the strangle hold that governments have over the finances of their subjects and want to watch that grip slowly erode away as the decades pass. Welcome, you've come to the right place.
Being able to buy 10 000 already means being rich. At least in the first sense of not having to work. |
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You could add wagered/day to "All User Stats", to be able to calculate more easily the expected return for investors. It would be even better if it also calculated the expected return in real time: (wagered/day)*0.009/bankroll
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Negative, the Federal Reserve is a non-government organization...
Which has the enormous privilege, given by the government, of being able to print legal tender money. It would be inoffensive if it wasn't for that. |
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As long as there are suckers, there will be scammers. Bitcoin makes life easier for scammers, but also for everyone else. You just have to be cautious about where you send your money.
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WTF? FRR for BTC is only 0.0155% daily. That's about 5% per year after fees.
Look at the bright side, its very cheap to short bitcoins! and we are in a down trend... Considering that bitcoin inflation is still about 10% per year, you are indeed paying a negative real interest for them. It would be interesting if you could then withdraw the BTC that you short on Bitfinex. |
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