Bank can trusted but as for bitcoin is one currency that can not be trusted with the bank because they can always have their way in control of it so i really can not trust the bank over some a month of money but i trust bitcoin over all transaction of money it is fast and is very easy anywhere you can do your transaction
I think there are some banks that was never a scam most of them collapse or owner brings customers money and go. but if you use a bank have the government, I think it would be quite safe. because the government will surely be responsible What is the difference about scamming and running off with customers money? it's the same. and you are right, only use bank that's owned by the government and honestly i'm also only using that kind of bank to make sure my money was safe. the bank can't running off with your money but if you are doing illegal things and bank caught you, your account probably will be frozen |
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life is full of fear and for one to make it in life you have to overcome fear and for any one to get involved in any business you have to know the in and out of the business before you can start it up because that will give you the confident to overcome your fear of losing your money in any business you do because the main aim of any business is for making profit.
Fear is really a normal thing or emotion that will come out when we are talking about investments because we are talking about money and we all know that money is valuable for us and we are really afraid to lose it thats why we should really prepare ourselves on this matter and we should really take risk to earn money because if you let your emotions overcome you then theres no development into your plans. We are humans and fear is one of those attributes that makes us humane. No matter how hard we try, we can never eradicate it all and best a trader can do is to bring their emotions in check. The other side of the coin is that fear is often the reason we did not take a step that went on to become a disaster. Fear often puts us on alert to be cautious,to evaluate and re-evaluate one's stand before taking a side. that's true if fear sometimes help us to be more careful and thinking more than twice before taking a step that make us could avoid disaster and money losing. we don't need to overcome the fear of losing money but control it and always being cautious of everything because fear is the only thing that sometimes make many people really cautious about the current circumstances |
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To be honest guys. Its so close to being real that on thursday I have a meeting at the bank. Going to get a mortgage on my house and im using all the money to buy as many btc as possible.
That's serious.
You got balls dude! Let's just hope this thing called Bitcoin don't implode. It wont. It's too big to implode now. If this was 2012 it would have been a different story but bitcoin has a long history now and its only going to get longer. But yeah, I got some big balls. Yeah we are not near to the required adoption level. With the current user rate reaching such a huge price of $5000 is really impossible. When continuous adoption happens we might touch $5000 but it needs long time than the targeted year of 2020. It's not only depend on the adoption because those early adopters may not so active thus the demand of this coin won't increase significantly unless the adopters were massive and about millions in just short time (5 years) . even if in 2020 i'm still not sure that bitcoin might touch $5000 dollars, the price are always dumped and pumped when the time is come in order to gain some profit but the people who just use bitcoin for spending can do nothing |
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It was Dec of 2013 when there's a huge drop in BTC price, from $1,082 USD on December 01 then dropped to $655 on December 25 2013 that's a $428 drop or 40%. While on December 01 2014, BTC is being traded at $377.63 USD then dropped again to $324.94 or 14% on December 25 2014. At least on December 2015 there's a jump from $372 USD on December 01, 2015 and it increased at $455 or 22% on December 25 2015. i would be a happy camper if I see a 15% increase by Christmas eve  I think that people in 2013 were in desperate need of money for the sake of christmas and fortunately the price was so high that they don't think twice to sell some of their bitcoins and the current trend also attract those who worried about the falling of the price and because of that the price were falling down very fast. too high price sometimes bring fear, but let's see what's will goin' on in this christmas. maybe we'll following the current trend which is buying |
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Accepting bitcoin as a mode of payment is still far from reality in my area as only few people knew about it. But i hope someday that digital currency will eventually be accepted here as one of mode of payments in some business like load retailing and in the internet shop.
If a store near you accepts bitcoin i think that is the time where many peoples in your place will get curius about bitcoin. And thats the start when they will use bitcoin in your place The question is how much people could figured out that the shop is accepting bitcoin and how much of them will be interested or attracted to search about bitcoin furthermore and wanted to know about this thing. i think that if some store accepting bitcoin but don't want to publicly show off it then people won't know if they're accepting bitcoin or will attracted by it either |
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I think the tips you gave is not to invest in the real company but to HYIP website, if you invest in HYIP website I think it is difficult to avoid scam, because all HYIP webiste will be heading on a scam, so better not to invest there, even on the webiste cloud mining, it would be better if trading or investing in something real
investing on real company is about how you can see the benefit,future,and the chance of success. i conclude that by saying real company so the company you're going to invest is trustful and not going to scam you so you may only thinking about the projet. if the projects are fail then you will lose your money and if it's succes you might become a millionaire. simple as that |
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Also bitcoin or trading sites is very accessible to anyone and doesn't require some legal infos about yourself.
With bitcoin, verification is not mandatory as against forex trade, where almost brokers insist on knowing their customers. That can be understood from the fact that forex trade revolves around fiat currencies and they always wants to be in control. Security has it's price. you can always find a Bitcoinlike non-regulated Forex Broker, but I don't recomend this I would honestly choose the most recommended forex broker even it's required to verify to identity because it's for the sake of my money and not going to go to shitty forex broker which often don't require verification. i don't do anything illegal and i'm sure that those identity will be stored safely as long it's known forex broker. not going to doubt |
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in our present day life people spend money on thing that profit them and most people spend on thing that do not profit them as for me i rather spend my money on things that will profit me because i will never want to do anything that will make me be at lost because no body will give when you are down money is meet to spend but wisely.
In my experience i am buying low or retailer or reseller gadgets here in my country this is giving me good profit.. i added 20% to 50% depends if what gadget do i want to resell this is just the same as bitcoin that you buy low and sell high.. honestly if you do this you can scale up your money just do not spend your money for nothing except for your daily needs.. I guess the difference is if you're selling them you won't get sudden price falling unlike bitcoin. selling stuff would be really profitable and low risk i guess. if i were you i might focus on that thing and make profit as much as i can. just gotta scale up the capitals and not doing any useless thing until becoming rich. that's all |
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bigwhales had already cashed out after they bought plenty of zcash  they are dumping back zcash to buy bitcoin, take a look at coinmarketcap, there is not a single alt that is not dumped, and guess where all thtat dumping go? to bitcoin, another reason why the price is skyrocketing Yeah i got that point. Every bitcoin price rising those altcoins are always getting dumped and no matter how much the current marketcap and how strong the communities or popular it's they can't avoid to be dumped and it's seems that those traders are only being active to trade altcoins when the price of bitcoin are quite low. when it's high then they will seek for profit on bitcoin margin trading first |
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how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less "if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ? I've got the typo there. If bitcoin have serial number such as money then nothing will be affected. its function will remain the same so does with the money because both are tied up in value(BTC-USD and USD-BTC) and not in system. both are standalone and the only difference money is owned by government hmm , but the serial number of each production btc indispensable , BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil, then what about mining that generate new BTC? how new blocks appear? , if in my opinion, BTC can still be manipulated , if the value of BTC remains 1 billion in circulation, while the real money to bolster the existing BTC 1000 bilion $ , then there will be a monopoly in the BTC itself, there is no fall in the price of BTC Bitcoin only vulnerable to major attack otherwise non could manipulate bitcoin instead of major attack if you curious about how new blocks were made then you should read this : http://bitcoin.stackexchange.com/questions/7330/whats-the-process-of-creating-a-block-on-the-blockchainBy the way what is "BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil" Maybe you forgot to switch your translator?  |
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What if the Internal Revenue service of the US decided to tax bitcoin transactions, what would be the possible effects on its price and the bitcoin community. Will the other governments follow?
I don't think they can do this until bitcoin is not being used legally in the country and has no physical existence nor there is any usage of it around them, they would have been able to do this only if they have already legalized bitcoin in their country and people were using it openly there, i guess. i agree with you , i also do not think that not a single country can impose tax on bitcoin until they consider bitcoin as legal currency, but i think there is no such rules to impost tax on illegal items therefore they first need to consider bitcoin as legal currency and only then they can impost tax on bitcoin. Don't need to make bitcoin as a legal currency if they want to impose tax. by imposing tax for every companies or stores profit then they are undirectly taxing the bitcoin users through the stuff they were paying from the companies or stores which had been imposed to pay tax to the government |
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how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less "if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ? I've got the typo there. If bitcoin have serial number such as money then nothing will be affected. its function will remain the same so does with the money because both are tied up in value(BTC-USD and USD-BTC) and not in system. both are standalone and the only difference money is owned by government |
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I don't know if this is possible,if this happen we'll have a lot of rich people here in our community ,my prediction is the highest it could go is $50,000,provided that adoption is continuous and more market for Bitcoin and of course no problem among miners.
Even if it's happening don't guarantee people here will be immediately rich. Maybe most of us are just exchanging the bitcoin because the price rising to $1 Million and none bitcoin left. after price rising we're facing the problem about earning bitcoin is becoming very hard because its value rising. some our source of money maybe using USD to determine how much they're going to pay for our service |
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how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less |
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yess u are right bitcoin has no competition at all. people will slowly adopt bitcoins because it is the first of its kind and can earn a lot with it no matter how good the other alternate bitcoins may be no body can give a tough competition to bitcoins .it rules the world.
It's not rules of the world. bitcoin was the first cryptocurrency ever made and that's it what make bitcoin is the most popular amongst other cryptocoins. bitcoin will eventually have competition but maybe with another kind of digital currencies and not the cryptocurrencies ones. it's just matter about the time until someone invent it |
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When Bitcoin price shoots up I just try to decide whether the price will stay at that level for longer it will drop immediately. If the price stay at same level after increased price than I would like to hold bitcoin and if price keep increasing or decreasing than I would like to sell my Bitcoins for some profit.
I would sell all my coins to book a profit. What's the use of waiting when it will go down . You just missed the opportunity to sell and buy back at bitcoin dip before rising again. The moment the price hit your target selll price, don't hessitate to sell and book a profit. But I'm not sure all the bitcoin holders will be having some short term target and always looking for that. Whenever I do hear about bitcoin price up surge, I just will be glad but definitely will not be looking to book profits for my bitcoins. This is may be I'm not looking for any short-term targets. It's obviously depend on the traders. it's seem that you don't really find profit and seems don't care about a little opportunities which could bring you pretty little amount of profit then it's actually fine. Though it's kind of risky to do short term trading so if you don't really have intention to do trading and only interested on natural price rising which happen without even waiting for it, it's more better |
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The basic reason for doing trading is it will be in my control and also it is managed by me only. If i put all money into other hands just simply i have to wait for him for the payments. Crypto is one of the fast growing network in the world many people around globe are attracting to crypto trading. By just simply investing rev shares and waiting for it, we make daily profits with trading.
You are right and investing in some coins and then just expecting for its rise is also not too reliable so trading with the price, trading with price of bitcoins a little and trading with the odds in gambling is the best way to earn cryptos right now. My hidden reason may be just earning cryptos, most probably similar to many people here. That's ain't hidden reason mate, if you know that people here are also having such intention to, and also what do you mean with trading with the odds in gambling? it's gambling isn't it and gambling is not trading even you deemed it is. trading is buying and selling not counting on an odd |
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There are lots of methods to increase your amount of bitcoin, selling your services or products are popular ones, forming part of a signature campaign or being a campaign manager yourself are some additional methods.
I guess OP actually reffering to growing bitcoin whilst earning by selling services,products, or joining signature campaign is gaining bitcoin. growing bitcoin is definitely make an additional bitcoin by using your bitcoin into some sort of investments. so the solution you mentioned above is basically not for growing but for gaining or making bitcoin |
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I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
are manipulating the price of bitcoin I think he is possessed bitcoin very much. because bitcoin prices are unstable due to sell quite a lot. only an investor with a lot of capital that is capable not just a lot of capital but billion dollars, and i don't think that if someone is not included as the richest man lists on few magazines then they may be don't capable to do price manipulation. Though manipulation is kind of risky if they are going to seek profit, but someone might have the intention to because bitcoin is vulnerable to major attack (51%) |
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We should never trust system, they care just about themselves. And its western economy to be clear on this, humans are not important, just profit. We can all die today, its not important, as long as they earn billions and billions on our backs.
Actually we still need banks, due to we live in banking system right now and any cryptocurrency can't replace banks yet. But I just hate 2 of their policies, too much/high fees and % of interest if you borrowing money to banks , you will suffer under your debts like never end. Then borrow money then. that's the way they could earn profit by lending their customers' money into someone else and give an interests out of it. if they don't do this then they can't pay every of their employees, i guess charging from monthly fees is not big enough and can't fill up the banks' needs otherwise they could seek as much profit as they can |
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