Bitcoin Forum
June 17, 2024, 05:08:56 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 [374] 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 ... 434 »
7461  Economy / Economics / Re: Fiat Money is a Bubble on: August 11, 2019, 03:29:35 AM
Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.

It may be a bubble, but it is going to be the strongest bubble no one can easily burst it. Fiat money is intrinsically nothing. But it has become everything because it has the sanction of the government. It is fully backed up with clear stipulations in constitutions. It has the approval and agreement of domestic and international companies big and small, and generally everyone. That is enough to make it very precious so much so that it has become life itself to many.
7462  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ? on: August 11, 2019, 02:36:11 AM
Both are good for investments but if you will only choose one then i will go for gold as the price is stable and steadily increasing as the time goes by. In fact my gold wedding ring which is i bought 10 years ago for the price of $200 is now became $400 per appraisal value.

I would not compare Bitcoin and gold. They have a different history, purpose, applicability. Gold will be in demand for a long time at least for the needs of production. Gold for savings purposes is used in less quantity than for the manufacture of real goods. It is not correct to compare cryptocurrency and gold. The precious metal will always be in demand, growing in price (although slowly).

For the past several months or even few years though, Bitcoin has been compared to gold. Hot debates have been conducted along this comparison. Basically the comparison is on the basis of which is better as an investment or an asset or a store of value, with Bitcoin even proclaimed as the digital gold. Their uses as well as their intrinsic value have also been touched.

However, I don't think it is really necessary to compare the two. You do not have to put an "or" in between when you can put an "and". But if we talk of very long term investment as in 20 years or more, I guess you have to be safer and put more on the one who has already survived through eras and millennia.
7463  Local / Pamilihan / Re: LENDING SECTION HERE (Funds Available - [btc]0.0475) Wanted Borrowers! on: August 10, 2019, 02:05:26 PM
Loan Amount: 0.01
Loan Purpose: personal
Loan Repay Amount: 0.012
Loan Repay Date: August 11, 2019
Type of Collateral: none
Escrow profile Link: None
Bitcoin Address: 375Y7Jx7WWNsJjUeu7eqXE9zUw9ukkmWKC

Im looking for my 2nd loan, my 1st loan was successfully paid!

If you are open for ETH, I will take your loan.
I will take ethereum

Loan Amount: 0.42
Loan Purpose: personal
Loan Repay Amount: 0.516
Loan Repay Date: August 12, 2019
Type of Collateral: none
Escrow profile Link: None
Ethereum Address: 0x5b41c6e31439584912b985720e499eaa6ad23850


Funds sent. Please acknowledge upon receipt.

Thank you!
I confirm that I recieved my loan from Darker45 Thank you for trusting!

Hello, bitcoin31! Please be reminded that your loan will due two days from now. Repay on time to avoid penalties. Please repay to this address: 0xc486282055a1c84ad9c8a28121a6fb309c24e8e5

Thank you for the opportunity!
7464  Economy / Gambling discussion / Re: Why Choose Lottery Instead Of Anything Else? on: August 10, 2019, 01:49:37 PM
Lotteries in my opinion have low chance of making someone addicted to it. Because of its "almost impossible" chance of winning makes people not focus their money to it. Personally I would choose betting on a lottery other than gambling games because it doesn't take much time. In the end all of them is based on luck, lotteries just offers a bigger jackpot if you're the lucky person to win.

Odd as it may seem but lottery could also be very addictive. It does not seem so because of the very tiny probability of winning. However, as it has already happened to several people, one could actually be obsessed with the jackpot price that it becomes a practical goal, however impossible it seems. There are a lot of people who got hooked up to lottery so badly that they spend huge amounts in betting as many combinations as possible. Only to end up lost every time. Gambling, whatever game it may be, could actually ruin us.

I treat lottery just like you do, only for the sake of having that tiny chance to get instant enormous wealth. We both know it is only luck that would take us to that point. But to others, it is much different. 
7465  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for Bounty. Why do it? on: August 10, 2019, 11:37:49 AM
Why do some projects require KYC for bounty?  Is this a legal thing or is it a way to make sure they are not being scammed by bounty huntrs?  Are there jurisdictions which would require bounty to have KYC?  This is not a token sale after all.

KYC is mostly required for bounty hunters not as an initiative from the devs but because the legal registration or license commands them so. This is in line with laws or policies on anti-terrorism, anti money laundering, and so on. But you could always doubt that. After all, what is at stake here are your personal information in exchange for a few bucks. Take a little pause and compute whether it is worth divulging some personal info and get some little amount or avoid releasing them and not have that payment. All your choice!
7466  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 335th JUST BECAUSE I AM STILL IN A GOOD MOOD FREE BITCOIN on: August 10, 2019, 11:29:32 AM
7- Darker45
7467  Bitcoin / Bitcoin Discussion / Re: Earning bitcoin is hard but i still keep fighting on: August 10, 2019, 08:44:36 AM
Bitcoin has been great throughout its entire existence. It gives us extra income and helped us achieve our financial goals, but that will not come easy.

TRADING. The main source of getting an income would be trading. The name already sounds hard, what more would be the application. Countless loss but still have patience on trying again. I continue fighting.


HODLING. The laziest of them all. All you need to do is to buy a definite amount and wait for it to get higher. The only enemy is the long term patience and greedyness. Its tiring but i continue fighting.


MINING. Well, i skipped this because i dont mine and ai dont have any resources to do it.


CAMPAIGNS. This thing becomes rare these days and if they have, theere are only few people who get listed. Most probably those with higher ranks or higher merit achievement.

I always woke up having 20 posts deleted almost everyday and all the comments ive posted removed because of off-topic reasons. I always end up not having a minimimum post count on my campaign and seems like my account are the only account who is monitored. Its more frustrating i guess. I feel like they do not want me to tell my opinion or something.

Signature campaigns arent that much profitable not like last year. Even i dont meet the post count every week, i still try my best to give more intellectual opinion as possible. I continue fighting

All right, almost half of this post is spent on your grievances. My tip is that you don't post for the sake of posting. Try to give some thought in your posts. Try to think it through. Look at your post right here and mind the parts in bold and red fonts.

Illogical- You say HODLING is the "laziest" and then you end up saying it's tiring, etc.
Capitalization- I know that you know how to use capitalization properly and yet you seem not to care at all.
Punctuation- Use them. It is the laziest part, I tell you.
Spelling- Our reply box here has an indicator that tells us there is something wrong with your word. Be mindful of it.
Ad misericordiam- You don't have to look pitiful and claim that you continue fighting. You don't even have to fight. You enjoy learning trading skills, you enjoy joining discussions here, you enjoy reading threads, etc.   

I am not saying these are the reasons why your posts are removed. But these are clear symptoms of how your posts are created-- without much thought, in haste, done without reading OP and previous replies, and so on.

Address them and perhaps you won't be worrying about them soon. I wish you all the best!

Campaign managers really do their checking and will really delete your post...


Campaign managers can't delete posts.
7468  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do we always have to pay fee? on: August 10, 2019, 03:45:49 AM
I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?

Rest assured that they are not stealing from you. Fees are always there. In fact, to a certain extent, fees are necessary. It is where the profit of the exchange comes from. They sure need that or else they will stop their operation altogether. Fees are necessary to fund their staff to make sure everything's running pretty well, safe, and secured.

And 0.25% is not that big a deal. That's still within the minimal level. Please bear with it because it cannot be taken out.
7469  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: August 10, 2019, 03:17:49 AM
There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 
7470  Economy / Gambling discussion / Re: What do you think about Gambling and e-sports? on: August 10, 2019, 02:46:15 AM
E-Sports is growing very very big at fast pace. Many physical sports were already beaten by E-Sports prize pool especially Dota 2 where year by year it continues to beat its own record. I love E-Sports.😍😍

E-sports are getting very much popular amount the new / young generation and I doubt one day they will surpass the gambling games.
I am a big fan of Dota 2

I think the two don't have to compete to get the most preferred one, basically gambling is also about games right? and E-sports can also contain gambling you know, because frequently many players actually bet who will win and gain profits each others. both are sustainable for me.

Indeed, there is no significant competition here. Sports gamblers will stick to the sports they are fans of. Bettors on football matches will not leave football betting simply because eSports betting is growing big. Bettors on cricket or NBA games will not quit simply because Dota 2 or Fortnite betting is already available.

The rise of eSports betting does not discourage bettors on other sports. This will just widen the clientele of betting sites. The rise of eSports will certainly increase the patrons of betting sites.
7471  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ? on: August 10, 2019, 02:05:53 AM
How long is your long term?

I would choose Bitcoin if its 5 years more or less. The longer the higher the risk with Bitcoin. If its 10 or 20 years, I would rather go for gold. It has been here for thousands of years, no way its value will perish in the next decade or two.

But then again, we humans have the penchant of putting ourselves in an unnecessary quandary we ourselves make. Indeed, why not go for both?
7472  Local / Pilipinas / Re: Baguhan - gusto matuto mag trade on: August 09, 2019, 04:22:35 PM
Magandang gabi po, baguhan lang po ako sa bitcoin at ako po nagbabalak mag trade. Ano po maipapayo ninyo na maganda at katiwa-tiwalang local website para mag trade?
Tips tricks welcome po. Salamat

Welcome, kabayan!

As far as the numbers are concerned, meron na daw po tayong 10 BSP-registered exchanges sa Pinas. Iisa lang ang ginagamit ko: Coins Pro, an affiliate of coins.ph. Pero to be honest ayoko doon for many reasons-- limitado ang traded pairs, mababa ang volume, delayed ang deposit and withdrawal processes, delayed din yung updating ng prices vs global average, and a few more. Let us hear from the rest of the locals here about their feedback on the local trading sites.

Pero if I were you, hindi na ako maghahanap ng "katiwa-tiwalang local website para mag trade." Try creating a single account on any of the following trading platforms: Bittrex (old-school ako Grin), Binance, KuCoin, OKEx, HitBTC, Livecoin, etc. Try using your account to explore the different buttons and tools. At the same time dapat nagbabasa ka rin ng mga articles regarding crypto trading, nanonood ng video tungkol dito, at nagtatanong-tanong sa mga may alam na.

Ang tinitingnan ng karamihan ay dapat mataas ang volume, marami ang available pairs for trading, user-friendly, wala masyadong negative review or feedback, at kung maaari hindi kumplikado ang KYC o kaya ay mataas ang limit sa unverified account.

Marami pa ang magbibigay ng tip sa'yo dito. Magtanong ka lang. Good luck!
7473  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin may be doomed on: August 09, 2019, 04:01:05 PM
First off, your subject is a case of hyperbole. I cared to read this thread because of "doomed".

Well, just remember the days when you were still like the rest who do not have the tiniest idea of Bitcoin. I used to be like them myself. But then here I am now, promoting, HODLing, using, and loving Bitcoin. I was not tech-savvy myself. I am someone who is more into social sciences rather than on the latest technological innovations, much less regarding fintech. When I first heard of Bitcoin, it didn't tickle even the tiniest part of my curious mind. And then I encountered it again a few more times and eventually I got the curiosity to at least know a little more about it. And everything was history.

This could also become everyone else's story. There is no need to understand everything. The basics are actually enough for people to get interested in Bitcoin, just like what happened to me. In fact, that single word decentralization was the key. Moreover, it is actually easier for people to become familiar with Bitcoin nowadays because a lot of people already know about it, it can be heard over the radio, watched on TV and on the internet, accepted in stores, and so on. It is not as strange as it used to be.
7474  Local / Pilipinas / Re: More Bitcoin = AMLA Red Flag? on: August 09, 2019, 02:57:45 PM
Kapag Php 500,000 and above deposits ay mapapasama ka na sa radar ng AMLA, siguro 200K per month pwede na.
Parang ang laki pa rin nung P200k (IMHO). But here's what I observed na ginagawa ng mga kakilala ko na may malaking btc kinikita. They withdraw just P50k per month at guess what? No need for banks to cash out dahil cebuana lhuiller lang sapat na Smiley. Less paper works and more covenient pa nga kung tutuusin, what I'm not sure is about the fee (kung significant ba ang mababawas compare to bank withdrawal).

I'm using coins.ph to banks, walang fee, at least BPI, Eastwest, and Landbank. I am not sure with other banks.

Sa tingin ko PHP 200,000 okay lang yan for as long as hindi sya sunod-sunod in a matter of few days tapos ang accumulated deposits ay hindi naman aabot ng milyones. Tsaka kung talagang medyo nagmamadali, scatter withdrawals through different banks and accounts, remittance centers, and through P2P. Mabilis na lang yan.
7475  Economy / Gambling discussion / Re: Reasons Crypto Players Skip Casinos with KYC on: August 09, 2019, 02:45:27 PM
The reason crypto players pass KYC in gambling may have been widely said or revealed at this site. Personally I don't want to do KYC just to play gambling. For me also personal identity is very important and I want to keep it a secret, unless I want to invest in a project. If it's just for fun, why should I do KYC.

To many of us, it could simply be a way to kill some time and probably waste some money. But since it could involve huge amounts, KYC has become a kind of necessity in casinos. Because, truth be told, casinos are actually a nice place to launder funds. I hate KYC myself. I think it is best for casinos to put a certain limit. It doesn't have to be everyone. They could set like $10,000 above who will undergo KYC process. Those who are playing with a hundred USD could do away with it. 
7476  Bitcoin / Bitcoin Discussion / Re: Realization of bitcoin as a currency, killed it in India! You all killed it! on: August 09, 2019, 02:10:51 PM
Yes the western world from which bitcoin came was so fascinated about its use as a currency , trouble started right there.

Back in the days, people had trouble classifying bitcoin as a commodity or currency, the truth is there is no clear cut idea as to how to classify this s***.

The cultural and ideological painting of bitcoin as decentralized, anonymous and a tool of liberty from the tyranny of the state and the central bank has all done what?

Killed it , yes all you guys killed it, these ideologues are the reason it is killed in India. All of you grossly underestimated the power of the state and central bankers.

India setup a committee 2 years ago and it took them such a long time to come out with the s**** recommendation to put anyone who holds , sells, buys crypto for 10 years jail time. This bill  is going to be tabled in winter session of parliament around December 2019.  that is hardly 4 months away. Since it is portrayed as a currency it becomes a challenger to the rupee. since it cannot be considered a legal tender it has to be banned. thats how their recommendations goes.

If bitcoin was atleast marketed in a way that it will benefit the central bankers and state then it would have had some chance at survival. India with its 1.4  billion population will be out of this crypto revolution , while the rest of the world be happy with your crypto experiment.



cur·ren·cy
/ˈkərənsē/
Learn to pronounce
noun
noun: currency; plural noun: currencies

    1.
    a system of money in general use in a particular country.


It is not a currency it is a peer to peer e-cash

cash and currency are different.

Tell your goverment to ban league of legends riot points, gift cards, robblox bux, steam cash, fortnite coins, etc now

Don`t blame us, blame your governments leaders. Do something about it, hack all the biggest youtube channels in india and spread the message you have corrupt leaders and your fiat money is a $cam.

Over time, meanings evolve. Circumstances change, so do meanings of words. The meaning of currency has to broaden as the world is becoming more borderless over time. Bitcoin is a currency. That is clear to all of us. And surely it is not used exclusively by a certain country. There is no single country with Bitcoin as its official currency. It is a global currency. Cryptocurrencies are modern forms of currencies. They could be used within a certain virtual ecosystem, or within a certain company, or within a certain country.

So do cash. The advancement of modern technology has to extend the limit of the meaning of cash from physical bills or coins to digital or virtual versions. Bitcoin is designed as an electronic cash.

In the same manner that India will have to evolve as the times have also changed a lot. They simply cannot be overprotective of their rupee to the point of sticking to what is outdated and obsolete. They have to open up for changes. 
7477  Economy / Gambling discussion / Re: [Discussion] The International 2019: Dota 2 World Championship on: August 09, 2019, 09:33:44 AM
Guys one of the most awaited update has now come. We have 6 days left for the group stage matches and the prize pool has been distributed already. A whopping $14.6M for the 1st place of this tournament. See all the prize differences each place of liquipedia[1].
[1] https://liquipedia.net/dota2/The_International/2019

Thanks for the update, buddy! I haven't checked liquipedia for a few days now.

Anyway, the matches amounting to millions of US Dollar are getting nearer. Can't wait to watch them. The intensity of the anticipation is rising. This is going to be another round of jaw-dropping TI games, stunning clashes, dumbfounding combos, and probably unbelievable come-backs.
7478  Bitcoin / Bitcoin Discussion / Re: Realization of bitcoin as a currency, killed it in India! You all killed it! on: August 09, 2019, 09:07:55 AM
So far, this is the most ironic post on this forum.

Bitcoin ==> Decentralized, anonymous, transparent, peer-to-peer, electronic cash, fully owned by users, freedom, with appreciating value, etc.

Central Banks ==> Centralized, paper bills and metal coins, owned by the state, value determined by the central bank, with powerful third-party players, depreciating in value, bound by rules of the state, etc.

Therefore, Bitcoin =/= Central Banks!

How could we then promote Bitcoin to its truest sense at the same time please the central banks and the governments? In the first place, Bitcoin was never made for them, it was made for the people. It was not made to support the central powers, it was made to give freedom to the people. It was not made to make these central bodies stronger, it was made precisely to dismantle them. It was not made to preserve the status quo and keep the system intact, it was made to disrupt the system.


hate to tell you , but it seems bitcoin will  be dismantled before it even begins to try. Two  large populated countries of the world are exactly averse to it for the exact same reason. added on top if it is the anarchic idealism with silkroad and other stories that just paint a bad name beyond any repair, add to it the ransomware. people in power of Governments know how to manipulate people and bitcoin just handed over them in a platter of how bad it is.This is the problem of decentralization and how things die down.

If ever bitcoin was a private corporation , the marketing strategy could have been very different. They would have started with hype about blockchain on how it will help reduce corruption, help states in logistics and reduce crime, bring about financial inclusion and then somehow present bitcoin as a fuel or token to the system that is necessary for the blockchain to function , there would have been a greater chance of its success.. But the reverse happened leading to its eventual doom.

at some point people have to realize that there is something called a internet kill switch and states can switch it off if they wish. then it would have given some clear understanding of who is in power and how to make bitcoin survive in such a world.

Well, a decade has passed since Bitcoin was launched and it is still here, very much alive and well. Bullish even.

Why do you think that Bitcoin will be dismantled simply because a couple of countries are averse to it? Bitcoin began to grow without even a single country supporting it. No, Bitcoin even grew this huge despite powerful countries opposing it. The silkroad issue has long been buried. Bitcoin didn't die when it became a strong issue. Bitcoin didn't die when china, a more populated country, started to ban mining, trading, ICO, and other Bitcoin or crypto-related transactions. It won't die because India doesn't want it. For all I know, a thick community of Indians are at the back of Bitcoin, loyal and unflinching.  

Blockchain is an integral part of Bitcoin. It is synonymous with each other. Bitcoin has been promoted together with it. It was not left out. In fact, there are a lot of instances in which the blockchain technology is appreciated but not Bitcoin. There are a lot of people who bought the idea of blockchain but not Bitcoin. And we are seeing a lot of development using the blockchain technology. But whether we like it or not, in one way or another, we owe it to Bitcoin.

And the governments and the central banks cannot threaten Bitcoin with an internet switch off. Let us all admit that it is absolutely ludicrous. They do that, they commit suicide. Bitcoin will remain unscathed after that while the entire government and private dealings are terribly hampered if not dead.
7479  Bitcoin / Bitcoin Discussion / Re: Walmart and Crypto? on: August 09, 2019, 05:01:53 AM
So, looks like Walmart are joining the token market. Keen to know your opinions on how this will impact Bitcoin and the Cryptocurrency e-commerce space?

Every company which is initiating its own tokenization effort is a welcome update. We have already seen a lot of them. Tokenization developments are not only focused on retail business such as Walmart but also in terms of real estate, transportation, agriculture, energy, medicine, data, freelancing, ads, gambling, and so many others. 

However, the biggest problem here is that a huge and very influential company such as Walmart getting its feet into cryptocurrency will be very hot in the eyes of the government. With an annual income of at least $500 billion, more than a couple of million employees, and millions of millions of customers daily, I don't think the government will just leave them doing their shift from fiat into crypto free and without any hindrance. This is going to be a hard battle for them.

(Source: https://cryptoslate.com/walmart-patents-own-cryptocurrency-battle-amazon-retail/)
7480  Bitcoin / Bitcoin Discussion / Re: Realization of bitcoin as a currency, killed it in India! You all killed it! on: August 09, 2019, 04:29:27 AM
So far, this is the most ironic post on this forum.

Bitcoin ==> Decentralized, anonymous, transparent, peer-to-peer, electronic cash, fully owned by users, freedom, with appreciating value, etc.

Central Banks ==> Centralized, paper bills and metal coins, owned by the state, value determined by the central bank, with powerful third-party players, depreciating in value, bound by rules of the state, etc.

Therefore, Bitcoin =/= Central Banks!

How could we then promote Bitcoin to its truest sense at the same time please the central banks and the governments? In the first place, Bitcoin was never made for them, it was made for the people. It was not made to support the central powers, it was made to give freedom to the people. It was not made to make these central bodies stronger, it was made precisely to dismantle them. It was not made to preserve the status quo and keep the system intact, it was made to disrupt the system.
Pages: « 1 ... 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 [374] 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 ... 434 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!