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Never bought smarphone in my life since I work with the benefits given by the company to provide us a cellular phone. It's hard to go back to the past but I just hope that time when bitcoin was cheap I know bitcoin and I see guidance from God to invest on it.
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yes, of course bitcoin give me a better life again. I can earn money and also work for bitcoin. so I increased the economy, even more people are jealous of my success today.
When you earn you are helping the economy of your country because the money you earn will be spent in businesses around your area or whatever place you will go, bitcoin is valuable to all of us here because it does not only makes our life easy but it gives us the opportunity to make money. |
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Obviously any kind of currency an be use for both good and bad. I don't know why are you asking these kinds of question. But for Bitcoin in particular it has no special features in which it can be advantageous for people who want to use it in good, But for Criminal it has features for security and anonymity. But yes it's how a person use his Bitcoin if it is good or bad.
Yeah I have the same opinion, I don't understand why people keep asking this, I mean anything can be used for any purposes and so does bitcoin. And the fact that bitcoin is being used for illegal activities is undeniable but that doesn't have anything to deal with its being used for good things. So yes the purposes of using bitcoin do include good ones. No one can really know if for what reason bitcoin was produced, maybe it was created for criminal activities, or maybe it was created for something good, but once it is made it can be used for anything, now it depends on an individual if how he/she will use it because it can be used for either way. If it was created for criminal activities then bitcoin will not be successful, the fact that we can trade it and it is increasing it's value it's not the major activities of criminal activities is the cause, it can be use for good and bad and will only depend on the users. |
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Well some people have used bitcoins for illegal activities. But this does not necessarily mean that bitcoin can only be used for activities that are not legit. Many people have used bitcoin for legit stuff and even donated some bitcoins to various funds and charities. Its just the mindset of the people who are holding the bitcoins.
Yeah the fact that bitcoin is being used for both good and bad purposes is undeniable and it's all about how people choose to see and use. There are people who keep buying drugs, weapons, or even hiring hitmans with bitcoin but there are also people who spend all their bitcoin for donation, charity funds. So it's up to individual's view of bitcoin. We can't condemn them but instead we have to welcome them as they are helping the adoption increase and the volume in the market circulation, everyone should be responsible for using bitcoin and must face the consequences of it. Whatever happen to them, we are benefiting from the action. |
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Well , what if i sell 5 of a same girl pic for 0.01 btc , anyone interested?
Post sample pictures of your girl friend here so we will see. I'll decide if it fits my taste.  |
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i can constant proift in forex trading
but forex trading is very dificult and high risk, you can lost all money in forex trading
Money can be lost always, that a fact. You can constant profit what? You mean you can make profit there? For some people poker is difficult game, trading with alt coins sounds like since fiction to some people when I try to explain them how people make money and on which ways. Bottom line is that everything is a risk, if you are skilled you can avoid some threats and risks, but even skilled players lose sometimes. Games that never end, for me everything is gambling, and that is a fact, whether you like it or not. For me forex is hard to understand, I try it for a while but I didnt found myself in that. You can't be successful in venture that you do not understand, therefore it's not advisable to follow what others are doing since it does not mean that when they are profitable we are automatically profitable as well. It's all about the passion, and true that Forex is hard to understand but trading in crypto is way more easy. |
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I get some money from gambling games. I play on the sidelines during idle time. playing gambling takes courage because I could lose all the money I had when I was not focused.
For me, we don't need to get focused in gambling, because for me, most of the time, gambling is more on luck so why we need to make focused in it. If I were be going to be lucky in gambling and make rich, I will not going to use it again in gambling, instead I will make it grow and make my own business. well its your point of view mate there's a lots of gamblers who always wanted to make an easy money they find some way using gambling games but i think i would be better to agree with you instead of trying to getting rich with gambling why not trying to make alternate ways. That's is really what I really want to meant to have another thing to earn money of to seek some other way to earn money because if you really want to earn money we cannot have it in gambling as a consistent income. I think Gambling can make another income but not main income. If we want rich or make gambling as main income maybe we must work as gambling career. The big opportunities is as gambling manager, so we can earn more than $100.000 per year. if there are people really wants to earn using gambling, I think I suggest that they need to make their own gambling sites so that even if they play gambling everyday that is fine because they have their own gambling sites that they can earn everyday every single day. Making a gambling site is only for the rich people already, most of the gamblers here who aims to make money in gambling are those who are not still satisfied with their earning but not necessarily poor. I think if you can make a decent gambling site it will make your richer. |
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gambling is pure risk and when there is risk involved there would never be any safety so you all should stop looking for safe methods because you will just waste your time and get disappointed.
Hehe well, that is your understanding. But for gamblers. taking risk is more exciting, and in gambling there are a lot of excitement happenings. because there are money involving here. And they just want to know which will be much more safest way to earn in gambling. and for me. safest way in gambling is just bet in a small amount so that you can play longer and you can have more chances to win than to bet big amounts. Grin the only excitement and fun in gambling i present if you are making money in gambling, once you start losing money gambling become one of the most worst game of the world so to me the most safest method of playing gambling is to limit your gambling up to certain limit that you an afford to lose. and that is the only safest way of playing gambling. I agree , that playing gambling that you can afford to lose is fine, because once you've used all your money in gambling and you don't have plan how much money you need to spend then there is always a possibility that you will going to lose all of them. You can just let go and forget about your loses, that life in gambling and we should treat it that way. It's hard to gamble the amount of money that you cannot afford to lose because you will end up chasing your bets until you are fully addicted with gambling. |
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That is correct mate. It is really hard and very risky to depend on gambling for your family need. You will surely be disappointed and life ruined if you spend all of your money to gambling because it has more possibility of losing it all than gaining lots of profit from it.and that time when you lose it all, you just mess not only your life but the future of your family!
That's true, don't use your family as your main reason why you should need to gamble because of them, because you need to accept that, that is only you want to do because you really want to and not because of your family, because once a family is involved in earning a money that is your own thinking if where do you want to use your money to earn more money. It will only be best to do it if you are successful in gambling but the reality speaks for itself that we cannot be successful until we know how to handle ourselves, the fact that most of the gamblers loses because of the lack of discipline, it's hard to risk the money for your family. |
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Not only gambling but sex, drinking, even eating and pretty much everything we do in our lives are somehow addictions because after all we are the creatures of habits and we need to repeat things in order to give meaning to our lives, but sometimes some of these habits become harmful and even destroy our lives.
Gambling just like drugs produces chemical compound in our brain which results in a good feeling and that is why is addictive.
not everything , only some that really addictive. there is drugs which well known as the most addictive things , addiction come to you when you have a high frequency on repeating certain activity , in this case gambling. so i guess gambling just like drugs in term how both addictive . Yeah they are both addictive, but they are more different, but in terms of money I guess it is just the same that they are spending money because of their addiction which is not good. At least there's a chance in gambling to win compared to our vices in life, with our vices in life we will not earn on them but we will spend to have them. That's the big difference and if you do better in gambling you might won big amount of money then stop. |
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is bitcoin more popular than US Dollar ?
If bitcoin is more popular than us dollar then all of world know about bitcoin because for us yes bitcoin is really popular because we are using it everyday and we dont care if the price is really low or price atleast we are earning everyday and holding them for the future and for the up coming trading. That's a dream for now, but who knows it might happen in the future. Let's just continue to support bitcoin and everything is possible. When a currency of once country collapse, they will put their money in bitcoin and that will make bitcoin popular but for now, it's till limited. |
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This development will continue to improve, more and more will be adopting in the future and cryto currencies will be the new face of online digital currency, I look forward to that as I am too optimistic it will happen. |
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bitcoin no paying tax any tax because bitcoin is not recognised by any government and i think we will be pay tax on bitcoin if bitcoin approve by any government and i think then they apply the tax on bitcoin.
They cant really get tax from bitcoin because its not regulated by the government and hence they cant considered bitcoin because it cant be controlled by anyone thats why they didnt recognize it. Thats the goodness of bitcoin because we do have full control of our money without the notice of the government and they cant impose tax from us. yes, no one can control the price of bitcoins that's why it is hard to impose tax on bitcoins, one of the main reason was other countries are considering bitcoins as illegal, its a good thing that they can not add additional expenses to bitcoin user by adding tax on our transactions. but once that the government have recognize bitcoins, i'm sure tax will be added soon. If you abide by the laws of the country you live in you are obliged to pay taxes, whether you want that or not. Same with bitcoin, anything you make should be reported. There's nothing bad about it. On the contrary, the taxation in regards to bitcoin is quite lax in most jurisdictions. That's why I use bitcoin because I do not want to report my earning, it varies from country to country and I can say that in our country government officials are corrupt so I would rather donate it directly to less privilege people than pay the right taxes. |
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Yes interesting times. A lot of confusion in all the markets. A lot of head fakes everywhere. Is the USD about to top? Will it continue to rise forcing China to devalue the yuan again and again?
What goes up need to come down and i think Chinese yuan devaluation will actually make bitcoin price stronger along with USD. Chinese seems buying bitcoin every day/week in last few months to be in safer side when their yuan is getting heavy devaluation. It makes sense, if I was in China I would surely try to buy bitcoins for protection against devaluations. The money flow in the us market lately could be for the same reasons. Yeah it's time to take the risk to play safe here, it's the only way our money will not devalue, let's invest it with bitcoin and we will see the price of bitcoin of large volume will do it and will benefit all of use here. |
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Not sure if it's brought up in this thread, but it may be that most governments are playing around with the bitcoin/blockchain technology just to get an idea of where the future of money is heading. I may as well be wrong about that.
We will know in the future, if the government will create theirs and they will have the similar system as bitcoin it does not guarantee that people will adopt, they are still centralized and people wants decentralized to have full freedom and privacy of their money. When years pass countries will start creating their own digital currency based upon the blockchain technology. When countries have their own currencies it cannot be used universally similar to bitcoin. On this base bitcoin will be moving on the rising side and won't fall of these generation of new coins. How can they do that, bitcoin is decentralized and a country has it's government which I am certain want to have control to monitor the transaction, they are the eyes of the people to protect the lives and future of the people. I guess it will never happen with the same platform with bitcoin. |
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yes that is a fact that in present time USD is really one of the most popular fiat currency of the world and most of the countries economy is also depending on dollar but in fact bitcoin is going popular as now the new generation is interested in online business and shopping therefore the use of bitcoin is increasing day by day, hope that a time will come when all the people of the world will start using bitcoin ans bitcoin will become the world number one crypto currency.
The countries where Bitcoin adoption is important are in no case dependent on the American dollar, barring the US itself, indeed. The economy of the EU is as large as that of the US, so it can't possibly depend on the US dollar. China is said to be stealing the American jobs as well as flood the American markets with their goods, so it is really hard to tell which of these two countries is in greater dependency on the other... Taking into account that both Bitcoin miners and buyers are Chinese, I'd rather say that Bitcoin depends on the Renminbi, not the US dollar I certainly agree with your statement, chinese people are dictating the price of bitcoin because they have the larger investor in the total circulation. Maybe the price that we have seen now that's increasing is cause by them. We cannot underestimate them because their economy is also booming. |
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My plan is to follow my childhood dreams and move to a different country. The pay rate in a first world country is just a lot when compared to what you can earn from third world countries. I consider moving to another place as an investment and I would most probably settle in that place. I will use my earnings in bitcoin to accomplish my goals and once I moved to another place, I will have more money to invest in bitcoins. I will hold bitcoins for years from there.
You do not need to do that if your aim is just to work, it's the same because you are living in a country where minimum wage you can spend depends on the cost of living, unless you work in big countries and you spend your income in your country. The only solution I could think of is to have a business, that will give you freedom and will not end up working for the rest of your life. |
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I prefer to save my investment in gold and bitcoin, for shorter term i will save bitcoin, for longer term i will save gold, actually bitcoin is a good investment but for a longer term i afraid there will be a problem like banning, so it is safer fro me to keep my investment in gold, because there is no way gold being banned
Gold and bitcoin are both investment so you can have that for long term if you have the capacity to do it, meaning you have the capital to ensure you can buy gold and at the same time to secure it, I do not have that capacity actually but I am willing to invest with bitcoin as it does not require much investment. |
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As we can see most of the developing nations economy depend largely on remittance from citizens working abroad due to very low chance of getting stable job in their country and in remittance they usually loss more than 10% of total amount which is really painful experience for workers. Government can focus on establishing bitcoin based remittance service where fee will be not more than 1-2% due to no central body like swift transfer to take high fees in middle.
There are a few posts in this thread (before and after the post I quoted) claiming that Bitcoin could help transfer funds to such countries given its low fees. I don't challenge the point that Bitcoin fees themselves are really low. But whoever claims that remitting money with Bitcoin could actually work out should keep in mind two things. First, you should convert the fiat you earned in the country of residence to bitcoins. If you work in Europe or in the US, this is usually not a big problem, though you will still have to pay for just moving your funds to a Bitcoin exchange (a few percent typically) and then pay trading fees (around 0.2 percent). Second, you, or your family, should be able to convert bitcoins you sent back to local currency somehow, and here you will have to pay the same fees all over again, and they may turn out to be rather hefty... All in all, it may not actually make any sense to use Bitcoin for the remittance of fiat You have the point there, very nice explanation. If for remittance purpose only you really have to pay but the fees you elaborated and when you compare it to the bank my guess is bank has a cheaper rate but not all countries have banks that you can use to transfer, most of the poor countries they have their the remittance center which charge like 10% of the total remittance. This sharks are making money from the poor taking advantage their the less competition in the are, or there could be a monopoly. |
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I like to choose the freedom of not paying taxes. At least we can maximize our income here and we will not share to our corrupt government, it's enough that I have been tax with my salary but hiding my real income is another privilege.
That is not always the case as government wants their share of your income. Even if you buy from groceries, you paid tax in the form of VAT. Even if you are jobless you paid tax. As of now, with bitcoin we have total freedom but when we convert it to fiat or local currency and boght some items we paid tax  Well, at least there's no double taxation that is happening. In real life you work, and you paid with salary and where your employer withhold tax and then when you buy items you paid tax again, now it's not good as I said it's double taxation and the government has benefit and we are not. |
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